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Archives by Year:
Crypto Briefing’s CB10 Index Rebalances to BTC, ETH
Key Takeaways Bitcoin and Ethereum were CB10’s top gainers last month. The rebalancing for August saw only small changes in token allocation percentages with no new additions. Dogecoin was the biggest loser of the index as the meme crypto dropped by 18.1% in July. Crypto Briefing’s crypto market index CB10 has made additional room for […]
Ripple CEO Granted Access To Binance XRP Docs
Key Takeaways The court in Ripple’s ongoing lawsuit with the SEC has granted Brad Garlinghouse’s motion to obtain documents from Binance. The motion was filed to gather data on all XRP sales made on Binance, the largest crypto exchange by trading volume. The Ripple team plans to show that the SEC may not have jurisdiction […]
Bitcoin SV Price Holds Despite 51% Attack
Key Takeaways Bitcoin SV, a Proof-o-Work fork of Bitcoin Cash created by Craig Wright, has suffered a 51% attack. Bitcoin SV blocks were reorganized by an unknown miner, who continues to have influence in the network. Despite the incident, the price of BSV has only declined by around 6%. After Bitcoin SV has been hit […]
DeFi Project Popsicle Finance Suffers $25 Million Attack
Key Takeaways Popsicle Finance has been hacked, with attackers draining approximately $25 million. The attacker tricked the Fragola liquidity manager into paying out large amounts of Ethereum. The attack on Popsicle Finance was bigger than all previous hacks in July combined. This news was brought to you by ANKR, our preferred DeFi Partner. Yield optimization […]
Monero Developer Comments on Fluffypony Arrest
Key Takeaways Details around Riccardo “Fluffpony” Spagni’s arrest have emerged. The Monero development team has locked certain accounts in case authorities demand information from Spagni. Meanwhile, Spagni and his lawyers have commented on the case, arguing that he can safely be released. New details around the arrest of Riccardo “fluffypony” Spagni emerged today. One Monero […]
SEC’s Gary Gensler Calls For Further Crypto Regulation
Key Takeaways Gary Gensler believes cryptocurrency transactions are often used to skirt laws and launder money. He added that the asset class was rife with fraud and scams, and insisted on protecting US investors. He implied that more regulation was coming for exchanges who would also receive more guidance from the SEC. While many expected […]
dYdX Airdrops New Governance Token to 64,000 Users
Key Takeaways DYDX will be the new governance token of its namesake exchange. The token will be distributed to users who have interacted with the protocol before July 26th 2021. While the tokens can be claimed already, users will need to wait until September 8th for it to become transferrable. More than 64,000 Ethereum addresses […]
BNB in Danger Amid Binance Regulatory Pressure
Key Takeaways Binance Coin has enjoyed an impressive 32% rally over the last two weeks. Despite the significant gains, BNB appears to have formed a bullish-to-bearish reversal pattern. Losing the $314 level as support could mark the beginning of a steep correction. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. […]
Privacy Coin Zcash Weighing Proof-of-Stake Move
Key Takeaways Zcash founder Zooko Wilcox wants to move Zcash to Proof-of-Stake. The primary concern isn’t the environment, but greater security at a lower cost. Wilcox believes the value proposition of privacy coins has never been greater than now. Zcash is considering moving away from the energy-intensive Proof-of-Work consensus algorithm to the lighter, faster, and […]
HSBC the Latest U.K. Bank to Block Payments to Binance
Key Takeaways HSBC has become the latest bank to block credit card payments to Binance. The bank stated “possible risks to customers” as a reason for implementing the restriction. Over the past month, Binance has taken steps to appease regulators. HSBC has informed customers that it will stop credit card payments to Binance “wherever possible.” […]
