$190M Stolen From Coinbase-Backed Crypto Bridge Nomad
[ad_1] Over $190 million was drained from cross-chain cryptocurrency bridge Nomad on Monday in what is being described as one of the most perplexing hacks in DeFi history. What Happened: On…
Elon Musk Sends Floki Inu (FLOKI) Up 30% After Tweet
[ad_1] Tesla Inc TSLA CEO Elon Musk sent another Dogecoin-inspired DOGE/USD meme coin rallying with a tweet on Monday. What Happened: Musk posted a picture of himself and his son X with matching haircuts. Dogecoin developer DogeDesigner commented…
Coinbase Prime Offers Ethereum Staking To US Institutions
[ad_1] U.S.-based crypto exchange Coinbase Global Inc COIN is expanding its Ethereum ETH/USD staking offering for domestic institutional clients. What Happened: In a blog post on Monday, Coinbase said that institutions can enjoy an end-to-end staking experience…
Lido DAO (LDO), Ethereum Classic (ETC), Yearn.Finance (YFI), Polygon (MATIC), Filecoin (FIL): 5 Top Cryptos In July
[ad_1] Staking solution Lido DAO LDO/USD and Proof-of-Work blockchain Ethereum Classic ETC/USD were the best performing cryptocurrencies last month, posting triple-digit gains in July. The positive price action was largely driven by optimism around…
Binance Says It Lost 90% Of Customers, ‘Billions In Revenue’ Due To KYC Compliance
[ad_1] The world’s largest cryptocurrency exchange has reportedly lost out on a significant chunk of potential revenue due to KYC compliance. What Happened: In a recent interview with CoinDesk, Binance compliance team Tigran…
Tiffany Is Turning CryptoPunk NFTs Into Diamond Chains For 30 ETH Each
[ad_1] Luxury jewelry brand Tiffany & Co. is selling 250 exclusive diamond pendants to CryptoPunk NFT holders. What Happened: The LVMH Moet Hennessy Louis Vuitton ADR-ownedLVMUY company unveiled the “NFTiff” collection over the weekend.…
Soulja Boy Accidentally Reveals How Much He Got Paid To Promote Crypto Project
[ad_1] American rapper Soulja Boy mistakenly included the details of how much he stood to gain if he successfully promoted a cryptocurrency project. What Happened: The rapper recently tweeted in support…
Apple, Google Face US Lawmakers’ Scrutiny Over Crypto Scam Apps
[ad_1] U.S. lawmakers have asked Apple Inc AAPL and Alphabet Inc GOOG GOOGL to provide information on how they review fraudulent cryptocurrency apps and prevent potential scams. What Happened: Sen. Sherrod Brown (D-OH), Chairman of the Senate…
Shiba Inu (SHIB) Sees Nearly $17M Shorts Liquidated Over 24 Hours
[ad_1] Shiba Inu SHIB/USD saw one of its largest-ever liquidation days on record on Thursday. What Happened: According to data from CoinGlass, $16.84 million SHIB short positions were liquidated on July 28. Meanwhile,…
Ethereum Layer 2 Token Optimism (OP) Rallies 100% In Two Days
[ad_1] Ethereum ETH/USD Layer 2 scaling solution Optimism OP/USD has seen a massive two-day rally. What Happened: According to data from Benzinga Pro, OP rallied from $0.77 on July 27 to a six-month high of…
Bankrupt Celsius Confirms Client Emails Were Leaked: Analyst Warns Of Phishing Scams
[ad_1] Bankrupt cryptocurrency lender Celsius on Friday confirmed that a list of customer emails had been leaked in a data breach and an analyst is warning against phishning emails that could…
Crypto Exchange FTX.US Opens Stock Trading To All States
[ad_1] Cryptocurrency exchange FTX.US has opened its stock trading platform to users across all U.S. states. What Happened: Brett Harrison, president of FTX.US, announced the nationwide rollout of FTX Stocks in a…
Meta’s Reality Labs Loses $2.8B In Q2, But Zuckerberg Says It Will ‘Unlock Billions, Trillions’
[ad_1] Meta Platforms Inc META has reported a $2.8 billion loss in its Reality Labs (RL) division in the second quarter. What Happened: In an earnings release on Wednesday, the company reported a $2.8…
Ethereum Creator Vitalik Buterin Says The Merge ‘Isn’t Priced In Yet’
[ad_1] Ethereum ETH/USD creator Vitalik Buterin doesn’t think the Merge will be priced in until after it happens. What Happened: In a recent interview with the Bankless podcast, Buterin said he doesn’t expect the Merge…
Ethereum (ETH) Shorts Lead $391M Crypto Liquidations As Price Rallies 15%
[ad_1] Crypto liquidations topped $392 million over the last 24 hours as the wider market rose 9.5% above $1.06 trillion. What Happened: According to data from CoinGlass, Ethereum ETH/USD saw the largest liquidations on…
Ethereum (ETH) Founder Vitalik Buterin Shares ‘Important Lesson’ To Save Yourself From Crypto Ponzi Schemes
[ad_1] Ethereum ETH/USD creator Vitalik Buterin cautioned his Twitter followers against investing in cryptocurrency projects that offer farfetched returns. What Happened: In a tweet on Wednesday, Buterin said that an “important lesson for the crypto…
Ethereum Classic Ecosystem Gets $10M From Antpool As Merge Date Nears
[ad_1] AntPool, the third largest Bitcoin BTC/USD mining pool, has invested $10 million in the Ethereum Classic ETC/USD ecosystem. What Happened: According to a report from CoinDesk, AntPool CEO Lv Lei confirmed the investment at the Bitmain World…
Bitcoin (BTC), Ethereum (ETH) Funds See $30M In Weekly Inflows
[ad_1] Cryptocurrency investment products saw inflows worth close to $30 million last week, the majority of which came from Switzerland. What Happened: According to data from CoinShares, Bitcoin BTC/USD saw $19 million worth of inflows…
‘The Big Short’ Star Michael Bury Says SEC Doesn’t Have ‘The Resources Or IQ Point’s To ‘Correctly’ Investigate Coinbase
[ad_1] ‘The Big Short’ investor Michael Burry isn’t convinced that the U.S. Securities and Exchange Commission (SEC) can carry out a proper investigation into crypto exchange Coinbase Global Inc COIN. What Happened: In a tweet on Tuesday,…
Cathie Wood’s Ark Invest Shares Insights Into Methane Emission-Powered Bitcoin Mining
[ad_1] Ark Investment Management founder and Chief Investment Officer Cathie Wood shared new research that explains how Bitcoin BTC/USD can potentially transform methane emissions into Bitcoin mining that can “turbocharge” electricity generated by solar power.…
Crypto Exchange Kraken Violated Sanctions, Alleges US Treasury: NYT
[ad_1] Kraken, one of the largest cryptocurrency exchanges based in the United States, is reportedly under investigation for allegedly violating sanctions. What Happened: According to a report from the New York Times on…
Dogecoin Copycat On BNB Chain Tanks 99% In $4.5M ‘Soft Rug Pull’
[ad_1] Dogecoin DOGE/USD copycat Teddy Doge TEDDY/USD has orchestrated the latest DeFi rug pull, according to blockchain analytics firm PeckShield. What Happened: PeckShield alerted users that the Teddy Doge developers likely pulled off a…
Coinbase Under SEC Probe Over Crypto Token Listings: Report
[ad_1] The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Coinbase Global Inc COIN for listing unregistered securities on its cryptocurrency trading platform. What Happened: According to a report from Bloomberg on Monday, three…
Coinbase, Robinhood Shareholders Could Face 30% Dilution: JPMorgan
[ad_1] New research from analysts at JPMorgan Chase & Co. finds that shareholders of stocks such as Coinbase Global Inc COIN and Robinhood Markets Inc HOOD face a higher risk of dilution. What Happened: In a note…
These 2 DeFi Tokens Struck Big Gains Last Week, Outperforming Bitcoin, Ethereum
[ad_1] Fantom’s FTM/USD native token was the top gainer among cryptocurrencies last week, followed closely by Synthetix Network’s SNX/USD native token, which recorded a similar uptick in price. Both tokens gained 24% over the…