In a groundbreaking milestone for the blockchain data-oracle project, Chainlink (LINK) has witnessed an overwhelming response to its enhanced crypto-staking program. The recent announcement from the company has unveiled that the program has successfully attracted over $632 million worth of its LINK tokens in an astonishingly short period of time. Chainlink Staking v0.2, the latest
The recent momentum in the cryptocurrency market may be cooling off, but Ethereum (ETH) is showing signs of rejecting lower lows, particularly against Bitcoin (BTC). According to insights shared by decentralized finance (DeFi) researcher DefiIgnas, Ethereum could be on the brink of a rally that could potentially lead it to usurp BTC’s current position as
The U.S. Securities and Exchange Commission (SEC) recently held a meeting with Fidelity regarding the firm’s spot Bitcoin ETF application. This meeting, which took place on Dec. 7, involved members of the SEC’s Division of Corporate Finance, Fidelity representatives, and individuals from CboeBZX. The primary focus of the meeting was a proposed rule change that
In an unprecedented turn of events, a hacker targeted the Uranium Finance DeFi platform in 2021 and may have attempted to launder their stolen crypto gains in the most unexpected way – by using “Magic: The Gathering” trading cards. This peculiar revelation comes from the diligent investigation of blockchain sleuth ZachXBT, who recently shared a
Sect Bot (SECT) has made headlines in the crypto market after experiencing a significant surge, gaining more than 50 times its value within just 24 hours of listing on Uniswap. Currently priced at $0.1870, according to DEXTools, SECT stands out among other Uniswap listings due to its actual utility. SECT is the native token of
In November, Binance, the world’s leading cryptocurrency exchange, experienced a significant decline in its Bitcoin balance, coinciding with regulatory issues with U.S. authorities. This decrease in BTC holdings was accompanied by several other notable changes within the exchange’s ecosystem, indicating a shift in user behavior and the potential impact of regulatory concerns. According to Binance’s
Bitcoin, the world’s largest cryptocurrency, has been experiencing a significant rally in recent weeks. However, data now reveals that the Bitcoin whales, who may have been driving this rally, are now switching gears and opting for profit-taking instead. This shift in market dynamics raises concerns about the sustainability of the current rally. To assess the
The cryptocurrency exchange giant, Binance, recently faced a setback in its plans to expand operations in Abu Dhabi. The company withdrew its application for certain operations in the region, according to an updated filing. This withdrawal comes as a surprise, considering Binance’s previously strong presence in the Middle East and North Africa (MENA) region. The
Bitcoin (BTC) is currently experiencing what many analysts consider to be the beginning of an early bull market. This assessment is based on a unique chart feature that is playing out for the first time in the history of Bitcoin. The recent surge in BTC price has resulted in significant profits for various Bitcoin investor
The FTX 2.0 customer ad hoc committee, tasked with representing the interests of investors in the now-defunct FTX crypto exchange, recently received a response from the Official Committee of Unsecured Creditors (UCC). The UCC, responsible for overseeing the bankruptcy process of FTX, acknowledged the raised concerns brought forward by the ad hoc committee. Led by
