In an era where many decentralized finance (DeFi) platforms struggle to maintain their footing, Jupiter Exchange defies the odds, recently capturing attention by amassing an impressive $2.73 million in daily revenue. This places it as a formidable contender, eclipsing prominent players and landing in the second position for daily fees behind stablecoin behemoth Tether. With
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In recent events that sent shockwaves through the crypto sphere, Bybit confirmed that the staggering $1.4 billion hack did not compromise its internal systems. Instead, the breach originated from a vulnerability in a developer machine utilized by Safe, a decentralized wallet solution. Forensic analyses conducted by Bybit along with blockchain security experts such as Sygnia
As the cryptocurrency market continues to evolve, Bitcoin, the leading digital asset, remains a focal point for both investors and analysts alike. Recently, Bitcoin has experienced significant fluctuations in its price, leading to a variety of predictions about its future trajectory. The volatility of Bitcoin is not uncommon; however, insights provided by analysts, such as
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a significant focal point in the cryptocurrency landscape, drawing attention from legal experts, investors, and enthusiasts alike. As the case lingers beyond four years, various developments suggest that a decisive resolution might soon be on the horizon. This
On February 26th, Bitcoin’s price dropped dramatically to $86,099, erasing an astronomical $1.06 billion from the cryptocurrency market’s cap. This significant depreciation of the leading digital currency sent shockwaves throughout the broader financial landscape, illustrating the far-reaching effects such a decline can have. According to data from Coinglass, nearly 230,000 trading positions were liquidated in
Bitcoin’s recent price crash has not merely been a momentary blip on the digital currency radar; it’s a seismic shift that sent shockwaves throughout the entire cryptocurrency market. Dropping below the crucial $90,000 level for the first time since November 2024, Bitcoin’s descent has turned cautious investors into bearish market participants. The broader cryptocurrency ecosystem,
In an alarming trend, the United States spot Bitcoin exchange-traded funds (ETFs) have experienced a significant downturn, culminating in an unprecedented single-day outflow of approximately $938 million. This drop occurred as Bitcoin’s price plunged below $87,000, marking its lowest point since mid-November. The data presented by Farside Investors reveals that nearly all U.S. spot Bitcoin
On February 25, 2023, Aya Miyaguchi delivered significant news regarding her career path, as she announced her promotion from Executive Director to President of the Ethereum Foundation (EF). This change was not impulsive; rather, it was a decision contemplated over an entire year. Miyaguchi emphasized the complexities surrounding Ethereum, pointing out that it is during
Bitcoin’s latest price drop marks a significant turning point in the cryptocurrency market, as the flagship asset experienced a staggering decline of over 10% in just 24 hours. This sharp downturn translated into a nearly $10,000 loss in USD, sending tremors throughout the crypto world and triggering a massive wave of liquidations among traders. Reports
Bitcoin (BTC), the premier cryptocurrency, has recently experienced a significant downturn, plunging nearly 13% over a span of just a few days. The asset, once valued at approximately $99,400, has dropped to around $86,300, reflecting heightened volatility and uncertainty in the market. This article delves into the multifaceted factors contributing to this rapid decline, exploring
