SOL/ETH ratio hits new all-time high amid market turmoil
The metric that tracks the value of one Solana token to one Ether token has reached a new all-time high following a brutal market-wide sell-off earlier this week.
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Ether ETFs start trading, preliminary inflow data revealed
Analyst Eric Balchunas says that initial inflows into the Ethereum ETFs accounted for roughly 50% of Bitcoin ETF inflows on day one.
Not so safe? SafeMoon’s parabolic rally isn’t sustainable, traders warn
SafeMoon, the token on Binance Smart Chain widely recognized as the Tiktok meme coin, is seeing massive volatility after its massive gains in the past week.According to the data from Dex.Guru, which tracks alternative cryptocurrencies on various blockchains, the price of SafeMoon dropped by nearly 50% in the last two days from $0.0000074 to $0.0000045.Does…
Former Coinbase exec posits blockchain-driven vision of future societies
The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level. Conference speakers and attendees gathered to discuss and debate whether a new form of decentralized country is possible.The conference kicked off with
Huobi Open-Source DeFi Blockchain Now Live for Public Beta Testing
Huobi, a major cryptocurrency exchange, announced the public testnet launch of its open-source decentralized finance (DeFi) blockchain, Huobi Chain, on Feb. 29. Its aim is to provide a regulator-friendly framework for financial services companies to deploy applications in a variety of finance-related sectors.Huobi Chain incorporates a flexible governance model that supports both regulators and enterprises.…
Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog
Cyber criminals have been sending scam emails claiming to be from the United Kingdom Financial Conduct Authority (FCA) and promoting crypto assets investments, financial market-focused platform FT Adviser reported on July 22.The letter impersonating the FCA is entitled "Guaranteed chance to earn" and features the watchdog’s logo and branding. After reading that "Bitcoin is still…
More than 2.6 million users signed up for the City of Shenzhen’s digital yuan airdrop
The city has about 18 million residents in its prefecture-level area. 405 Total views 17 Total shares According to data obtained from local news outlet Sohu.com, the Shenzhen Chamber of Commerce has recorded over 2.6 million signups for its latest digital yuan, or e-CNY, airdrop. Two months prior, the City of Shenzhen announced that it…
SIM-Swap Victim Sues Crypto Exchange Bittrex for $1M Bitcoin Theft
Gregg Bennett, a SIM-swap hack victim and angel investor, sued cryptocurrency exchange Bittrex over allegedly allowing the theft of nearly $1 million in Bitcoin (BTC).According to a press release published on Oct. 30, Bennett believes the exchange violated its own security standards and allowed hackers to steal his cryptocurrency in April. The lawsuit, filed in…
Emerging markets lead global adoption index: Chainalysis report
Lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption. 389 Total views 34 Total shares While global adoption slowed down because of the chilling winds brought about by the crypto winter, emerging markets seem to be on fire in terms of crypto adoption as they…