Bitcoin price is currently trying to regain its position above $40,000 having spent the past two weeks in the $35k – $40k price range, after experiencing a near 23% drop last Monday. The Bitcoin whales are currently dominating the price behavior of the top cryptocurrency as most of them are currently on a selling spree
Cover Protocol, a Defi insurance protocol was recently exploited by a white hat hacker minting an infinite amount of the COVER protocol token owing to an infinite minting bug. The hacker later sold a portion of the Cover protocol token for 4350 ETH worth $3 million and burnt the rest of the tokens, he also
The SEC lawsuit against Ripple yesterday dominated the headlines today with several of its key strategic partners formally addressing the issue and offering their stand in regards to their association with the crypto company. Another major news that made the headlines was the announcement of the new SEC chairman after the former one exited early.
Binance, one of the leading crypto exchanges in terms of spot volumes and slowly crawling its way in the futures market is known for offering a wide range of trading services and features to its user base. Now the exchange might become among the selected few to integrate SegWit support for scaling bitcoin transactions. Changpeng
The price of HARD token rallied Immediately after the completion of Hard protocol Launchpool cycle on Binance, This uptrend is in line with previous projections and could mark what experts believe is the beginning of a sustainable upward price trajectory. Hard Protocol has emerged as the most potent addition to the DeFi landscape in recent
In the last few months, the cryptocurrency market has once again sprung to life, and cryptocurrencies left, right, and center are experiencing significant gains. But amidst this bullish momentum, there is a growing sense of uncertainty among seasoned traders and early adopters — who have seen what usually follows such a period of dramatic growth… a
With the crypto market heating up and a potential new wave of users entering the space over the coming months, one of the easiest ways to bridge the gap between the legacy banking world and digital assets is through the range of crypto card services now available. Crypto card platforms allow users to access and
The dynamic of the cryptocurrency market keeps changing dramatically. Binance Futures is one such name in the industry whose cryptocurrency futures contracts platform from the stables of the innovative Binance crypto exchange, has continued to gain traction since its launch in September last year. Binance Takes Over Recent data showed that the once top crypto
Another day, another attack. This time it was on ETHUSD Perpetual Futures on Binance’s platform. Addressed by Aaron Gong, who happens to be the Vice President [VP] of Futures at Binance, stated that the user involved in the apparent attack not only caused losses to his rival but also lost of money himself. It is
Despite an impressive performance by several DeFi tokens in the month of September, Chainlink, which supplies data feeds to DeFi systems, witnessed its LINK token drop nearly 50% month to date. The famous oracle token went on to become the worst return among digital assets for that month. However, Chainlink has made some crucial collaborations
Being one of the world’s largest centralized exchanges has not deterred Binance from bringing in the DeFi experience to its users. Adding to its trend of rolling out DeFi-focussed products and services, Binance Launchpool has announced its new project, the Delegated Proof-of-Stake (DPoS) blockchain, CertiK Chain on the 22nd of October. The official release mentioned
The Malta-based crypto-exchange Binance is now at the forefront of the DeFi wave despite being a hardcore centralized entity. One of the main initiatives that have helped bolster this is Binance Smart Chain [BSC]. In the latest milestone, the decentralized public blockchain appeared to be nearing $250K in terms of the total number of distinct
Binance Futures is all set to launch a FIL/USD coin-margined perpetual contract with trading starting from the 20th of October at 7:00 AM (UTC). According to the official blog post, the FIL/USD coin-margined perpetual contract is a futures contract that uses FIL as collateral. Herein, the users will be able to choose between 1-50x leverage.
Just a day after Filecoin announced its much-awaited mainnet launch on the 15th of October at block 148,888, Binance revealed ending the zero-interest promotion for borrowing FIL and its interest rate will be adjusted as per market requirements. This news comes just hours after Binance enabled Isolated Margin trading for FIL and two other assets.
It has become painfully obvious for thousands of cryptocurrency traders today that centralized exchanges control their assets and can shut off access at their whim. A couple of hours ago one of the largest crypto asset exchanges in the world suspended withdrawals rendering thousands of people with no access to their funds. Withdrawals of digital
The Filecoin network announced its much-awaited mainnet launch on the 15th of October at 3 PM at block 148,888. However, that did not deter the platform’s popularity. Announcing the same, Filecoin thanked researchers, experts, developers, Filecoin mining community, Filecoin storage clients, collaborators as well as the community. Its official blog post stated, “This moment marks
Binance DEX, the decentralized exchange platform that works on Binance Chain blockchain built by Binance, announced in a tweet that its Panama Bridge Service has added support for the Ethereum DApp browser, called ‘MetaMask’ wallet. #Binance Chain Panama Bridge Service adds support for #MetaMask wallet now. Check it out: https://t.co/bR5JHnoeH2 pic.twitter.com/5NsfYHkZGJ — Binance DEX (@Binance_DEX) October 12,
Leading crypto exchange, Binance announced the listing of VIDT Datalink to its Innovation Zone, thus permitting its certain users to trade newer cryptocurrency token offerings directly from their Binance account, and also protecting less suited investors from being exposed to the potential risks that come with trading them, particularly the new decentralized finance [DeFi] tokens. The official
It might be a slow week of the cryptocurrencies, but the same cannot be said for the world’s leading crypto exchange, Binance. In the latest development, the Malta-based platform announced the official launching of the Panama Project. Binance’s official blog post stated, “Binance is officially launching the Panama project, which aims to help Binance Smart Chain and Binance Chain