Ethereum (ETH)

CoinspeakerBinance Traded USDC In for BTC and ETH Following Silvergate Collapse The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1. Binance Traded USDC In for BTC and ETH Following Silvergate Collapse

The hackers behind the recent exploit of several pools on the decentralized exchange Curve Finance have returned approximately 73% of the stolen crypto assets, accounting for about $52.3 million. Blockchain security firm PeckShield revealed Monday that Curve Finance lost $73.5 million in the hack. With the amount recovered so far, the exchange is looking to recoup the remaining $19.7 million. Curve Finance Recovers $52M of Stolen Assets Eight days ago, Curve Finance suffered...

The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to the year-to-date average, according to the latest edition of CoinShares’ weekly report on...

Crypto tokens worth upwards of $212 million are set to unlock this week. According to the latest data, five projects – Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), The Sandbox (SAND), according to data compiled by DropsTab. The token unlocks could potentially create some significant sell pressure. Token Unlocks: Weekly Edition The DAO Maker Token is the governance token of the DAO Maker ecosystem built on top of the Ethereum blockchain....

Several top meme coins have dropped significantly over the weekend, with Shiba Inu one of the worst affected, down 4.69% in 24 hours. Other high-value meme coins are also down in the last seven days, with Dogecoin and Pepe down 6% and 10%, respectively. However, newer low-cap meme coins have pushed ahead unfazed, with Shibie Coin and Wall Street Memes leading the way amongst the next generation of viral crypto assets. Shiba Inu Loses Its Recent Gains Amid Bearish Market...

Chen Zhuling – founder and CEO of Rock X – is confident blockchain is going to reach new levels of usage and popularity in the coming months. Chen Zhuling on Blockchain’s Future In a recent interview, he stated: The attraction of leading technology developers to the blockchain industry represents a broadening recognition of blockchain as more than just a financial instrument. It is a foundation for the new digital frontier. Blockchain is akin to a new-age...

Bitcoin price has cautiously ratcheted upward since Jan. A rising trend channel from $16,600 to $30,000 almost doubled the spot price of BTC in H1. The price changed in three phases, with blistering rallies that happened in January, March, and June. Here’s what large language model chatbot Google Bard has to say about the best day of the week to buy cryptocurrencies like Bitcoin, Ethereum, and Ripple. Cheapest Day of the Week to Buy Crypto? There’s no telling for sure if...

Bitcoin and Ethereum – the world’s largest cryptocurrencies by market cap – rose to new levels in late June following several weeks of traveling through the doldrums, and the moves appear to stem from some new bitcoin-based exchange-traded fund (ETF) applications from two of the largest financial companies around: Wisdom Tree and BlackRock. BlackRock Does Big Things for BTC Both bitcoin and Ethereum weren’t doing so hot throughout the month of June prior to this...

Decentralized exchange Curve Finance has teamed up with Metronome and Alchemix to offer a 10% bug bounty to the attackers behind the recent exploit that saw more than $50 million siphoned off the platforms’ pools. According to an on-chain message on one hacker’s Ethereum address, the protocols are willing to cease the pursuit of the case if the attackers return 90% of the stolen funds, keeping 10% for themselves. Curve, Metronome, and Alchemix Offer Hacker 10% Bounty Recall...

While anticipation over a potential Bitcoin (BTC) spot ETF has gripped investors, an Ethereum (ETH) ETF approval may also be waiting in the wings. Bloomberg analysts are now assigning 75% odds of one such product being approved in the United States this year. Ethereum ETF On The Horizon As tweeted by Bloomberg ETF analyst James Seyffart on Friday, the organization’s approval odds are the same as those it assigned for a Bitcoin futures ETF in early September 2021. The very...