Malicious players rugged over 60 ETH from a token created immediately after the Binance smart chain exploits. The token was first spotted by Lorem, who alleged that the Binance hacker created the rugged tokens. 1/ I saw some shadowy-super-coder supervillian tactics on ETH mainnet after the $600 million BNB hack. A few minutes after the…
Binance, Crypto.com to support for BNB beacon chain upgrade
BNB’s Beacon Chain is set to undergo a major upgrade on Sept. 2 at a block height of 264,000,000. #Binance will support the #BNB Beacon Chain (BEP2) and Beam $BEAM network upgrades & hard forks.https://t.co/vUjuFHPYGh — Binance (@binance) September 1, 2022 The upgrade is named the Gödel upgrade after Kurt Gödel and is designed to…
Bitcoin, Ethereum shed gains before looming Fed interest rate hike
With the Federal Reserve expected to raise the interest rate by at least 75 basis points on July 27, the crypto market cap has shed roughly 4% as the value of Bitcoin (BTC), Ethereum (ETH), and other crypto assets have dropped in the last 24 hours. Coinglass data showed that over $150 million in positions…
Memes in red as Dogecoin and Shiba Inu shed over 80% of their ATH
Based on recent price performance, the crypto market is at its lowest ebb for the first time in a very long time. According to data on CryptoSlate, most meme coins have lost more than 80% of their ATH value in this current market downturn. Dogecoin and Shiba Inu lead meme coin losses Data from CryptoSlate…
CoinMarketCap describes Ripple’s XRP as an “impostor” cryptocurrency
CoinMarketCap (CMC) was at the center of a controversy today after the market data aggregator tweeted that Ripple’s XRP wasn’t a real cryptocurrency. CMC had shared an image of a game that required the players to find the impostor amongst digital assets like Bitcoin, BNB, Ethereum, XRP, and others. While the controversial tweet has now…
Binance app to integrate PancakeSwap, Binance DeFi Wallet
Binance, the world’s largest centralized crypto exchange by trading volume, is announcing the integration of the popular PancakeSwap into Binance’s app. PancakeSwap is currently the most popular decentralized platform by users and trading volume running on the BNB Chain, formerly Binance Smart Chain. According to a corporate blog post, Binance’s integration of PancakeSwap will allow…
Binance seeks to open shop in Dubai, strengthening its foothold in the Middle East
Binance Holdings Ltd., the world’s biggest centralized crypto exchange by trading volume, is in talks with authorities in Dubai over a license to operate in the Gulf city-state. If granted, the license would help the company to further bolster its operations in the Middle East, a person familiar with the matter told Bloomberg. Binance, the…
Multi-chain instant swap platform Symbiosis announces beta mainnet launch
Symbiosis Finance is a multi-chain AMM DEX and liquidity protocol that allows users to perform any crypto token swap. After a long period of testing, Symbiosis announced its beta mainnet launch which enables instant swaps with no need for special software–leveraging a simple solution for moving liquidity across different chains. The core of the Symbiosis…
Ethereum investment funds record largest inflows in 13 weeks
Crypto investment products attracted large inflows in the Americas last week, versus minor outflows recorded in Europe, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests enduring investor interest despite the geopolitical unrest which spurred a sell-off in risk assets. Bitcoin attracts $95…
European crypto investment products recorded outflows totalling $59 million last week
Despite the raging conflict in Eastern Europe, crypto investment products saw inflows totaling $36 million in the week ending February 28, according to the latest report by institutional crypto fund manager CoinShares. However, the report which analyzes weekly flows into crypto asset funds observed regional variances–while the Americas saw inflows, European investment products recorded outflows….