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
Crypto
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
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
In recent months, the cryptocurrency landscape has been significantly affected by the evolving interests of various asset management firms, particularly regarding the development of exchange-traded funds (ETFs). Grayscale Investments, recognized as the world’s leading digital asset manager, has taken substantial steps towards launching a spot Cardano (ADA) ETF, with their official application being submitted to
In the ever-fluctuating world of cryptocurrencies, Bitcoin has recently encountered significant turbulence, with its price plummeting to just over $90,000, a figure not seen since mid-January. This sharp decline marks a staggering loss of more than $9,000 since reaching a pinnacle of approximately $99,500 late last week. Such volatility often reflects broader market sentiments and
Berachain, an innovative EVM-identical Layer 1 blockchain, has made headlines this week by achieving a phenomenal milestone shortly after its Mainnet launch. In just 20 days, the platform reportedly amassed an astounding Total Value Locked (TVL) of $3.27 billion, quietly overtaking more established competitors like SUI, Avalanche, and Arbitrum. These figures not only place Berachain
In a stark reminder of the vulnerabilities within the cryptocurrency ecosystem, Stablecoin Bank Infini has recently experienced a significant security breach, resulting in the theft of approximately $49 million in USDC. This event underscores a broader crisis in the crypto space, where security flaws can lead to catastrophic losses. The infraction was traced back to
