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Trading volumes on cryptocurrency exchanges dropped to 2020 levels
According to analytical service Kaiko, the trading volume on centralized cryptocurrency exchanges fell to $5 billion per day. The same rates were in 2020, before the massive rise of bitcoin. Based on the chart, maximum trading volumes have been dec ...
Investors accused Ilon Musk of insider trading in DOGE coins
Investors demanded an amendment to a class action lawsuit against Tesla and SpaceX CEO Ilon Musk, accusing him of insider trading in cryptocurrency DOGE. Investors have gone to federal court in Manhattan, alleging that Elon Musk used his online inf ...
Bitget added support for EVM-compatible addresses
Bitget became the first centralized crypto exchange to support EVM-compatible addresses. Users will be able to apply a single address to transactions across multiple blockchains. The Etherium Virtual Machine (EVM) compatible addresses have been lau ...
Critical Vulnerability in Tron Network’s Multi-Signature System Promptly Fixed
Cybersecurity experts on the 0d team reported that a critical vulnerability was found in the Tron network's multi-signature system. Assets worth half a billion dollars were at risk, but the vulnerability was promptly closed. The 0d ...
RBI Expands Retail Digital Rupee Testing Pilot to Include More Banks and Cities
The Reserve Bank of India (RBI) said it is expanding its retail digital rupee testing pilot to include more banks and expand the list of cities. The central bank said in an annual report that it has been testing its own digital currency (CBDC) in stages. In November 2022 ...
Litecoin Prepares for Pre-Halving Rally, Analyst Predicts
A renowned cryptocurrency analyst believes Litecoin altcoin is preparing for a "pre-halving rally," which should begin in early August. Michel van de Poppe opined that the LTC coin needs to overcome strong resistance at the $93 level to start the rally. In this case, the ...
Fantom Developers Introduce Monetization Program for Cryptocurrency Projects
Fantom developers said that cryptocurrency projects that use this blockchain and contribute to high fees will now receive 15% of the transaction fee. Fantom-based projects will need to submit a special application for additional monetization. The developers stressed th ...
Dogecoin Surpasses Bitcoin and Ethereum with Over 2 Million Daily Transactions
According to Blockchair platform, the number of transactions in the Dogecoin network increased to 2 million per day, outperforming Bitcoin and Etherium. On Saturday, May 27, Dogecoin broke all previous records with more than 2 million transactions in 24 hours. In compa ...
VanEck Analysts Predict Ethereum (ETH) to Reach $11,850 by 2030
Analysts at the major asset management company VanEck predict that by 2030 the ETH exchange rate will reach $11,850, and with a favorable development the coin will even be worth $51,000. In their study, VanEck analysts presented three options for the price of ether in 203 ...
Ethereum Wallet Owner Moves 8,000 ETH Worth $14.8 Million After 8 Years
Owner of an Etherium wallet with 8,000 ETH sitting idle for eight years decided to move the funds. "Keith moved the cryptocurrency to a new, newly created address. The 8,000 ETH is now valued at $14.8 million. Coins were lying on this wallet from the ICO of Etherium, whic ...