Crypto news

It’s believed Gen Z will make a huge difference in how bitcoin works and operates in the coming years. Gen Z Are the Real Crypto Hounds This makes sense given the digital currency industry has been taken to largely by young people. Most of the time, it’s standard financial tools – such as stocks and precious metals – that are enjoyed by older generations, though it’s Gen Z and millennials that largely grew up during the days of the Great Recession. They likely saw...

A crypto wallet connected to the October 2022 BNB Chain $600 million exploit has lost roughly $63 million on the decentralized lending platform Venus Protocol due to liquidation that resulted from the massive bloodbath in the market yesterday. According to a series of tweets by blockchain security firm PeckShield, the exploiter’s wallet was first liquidated of 1.1 million Venus BNB (vBNB) worth around $9.9 million with the asset’s price as $9.4. The second liquidation was...

The cryptocurrency market is going through hard times. It’s been a complete disaster for the past seven days, and the worst took place today. Bitcoin’s price plummeted by a whopping 7.6% in the past 24 hours alone, bringing its total losses to above 11% for the week. The crash also led to a massive wave of liquidations worth over $1 billion in terms of leveraged positions. The volatility wiped off both short and long open interest, and the market is left crumbling. BTC is far...

Changpeng Zhao – the man behind Binance, the world’s largest and most popular digital currency exchange – has announced that he thinks 2025 will likely be the year in which bitcoin reaches a new high and goes through a bull run like nobody has ever seen. Binance CEO Changpeng Zhao on BTC’s Future This is very similar to an article that Live Bitcoin News recently published. In that article, it was suggested (as an opinion, of course) that 2024 would be the year in...

Optimism network-based decentralized credit market Exactly Protocol became the target of exploitation on August 18th. The breach resulted in a significant drop in the platform’s total value locked (TVL). Meanwhile, Exactly’s recently-announced native token – EXA – slumped by more than 27% over the past day. The protocol was halted temporarily. Another DeFi Project Hacked Blockchain security firm PechShield was the first to alert Exactly Protocol of the attack and warned users...

Despite a solid rally in the week prior, mid-July saw bitcoin experience something of a dip in its price. It fell to about $30K even after several weeks of trading above $31,000 per unit. Bitcoin Endured a Few Slips The crypto market experienced a few nasty hits, such as non-fungible tokens (NFTs) being dramatically sold off. Many major collections saw their prices slouch as more and more individuals begin to question whether these assets are worth anything at...

CoinspeakerXpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1 Xpeng shares fell because the company's loss increased in Q2 2023. However, deliveries and revenue are still looking good even for Q3. Xpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1

CoinspeakerSecuritize Acquires Onramp Invest Extending Tokenized Alts to RIAs  Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs 

CoinspeakerCypher Protocol Freezes $600K Stolen Crypto Across CEXs Cypher Protocol announced this groundbreaking achievement via a post on its official X account on Thursday.  Cypher Protocol Freezes $600K Stolen Crypto Across CEXs

CoinspeakerTether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage Along with Bitcoin Omni Layer, Tether has also decided to discontinue the stablecoin versions of Bitcoin Cash and Kusama. Tether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage