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[Editor’s note: The article has been corrected to state that the funds in questions were not ‘lost’ but inflated by an incorrect price feed] The Ethereum-based synthetic asset issuance platform Synthetix has reportedly misplaced over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24.However, Garth Travers…

The number of Ethereum addresses holding 32 or more Ether (ETH) reached a one-month low on Nov. 9.The number of Externally Owned Ethereum Addresses (EOA) fell to 108,949 compared to 108,965 on Oct. 22, according to data from Glassnode, a sign that traders and investors ignored the prospects of becoming validators on its upcoming proof-of-stake blockchain, dubbed…

Binance, the world's leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The announcement came with no explanation. However, exchange CEO Changpeng Zhao noted in a tweet that only 0.01% of the exchange’s…

Bitcoin remains attractive for seasoned hodlers, as $50,000 now becomes the point at which confidence could turn to anxiety. 2329 Total views 23 Total shares Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers keen at $53,000Data from Cointelegraph…

An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks a 24% correction from the…

The previous six months should have been extremely beneficial to Ether's (ETH) price, especially after the project's most significant upgrade ever in September 2022. However, the reality was the opposite: between September 15, 2022, and March 15, 2023, Ether underperformed Bitcoin (BTC) by 10%.Ether/Bitcoin price on Bitfinex, 2-day. Source: TradingViewThe price ratio of 0.068 ETH/BTC…

The president of crypto custodian Anchorage, Diogo Monica, believes that DeFi is exposing the shortcomings of cold storage and manual operations. 1487 Total views 25 Total shares Cointelegraph spoke to Anchorage co-founder and president, Diogo Monica, to get his take on how the rise of decentralized finance (DeFi) is impacting the crypto custodian sector.Monica stated…

This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community. 351 Total views 2 Total shares The Terra Luna Classic is presently voting on multiple proposals, with concerns raised about an uptick in "spam" proposals following a decline in LUNA prices. A new