Author: e_cash_top

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[ad_1] Binance is reportedly taking the final steps in acquiring Korea-based crypto exchange Gopax. Binance is completing due diligence (DD) on the acquisition and finalizing the process, according to Decenter. It is believed that the deal was originally set to be announced in 2022 but was delayed due to consultations over equity value calculations. Binance…

Solana climbs above $10 as entire market turns green

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[ad_1] The cryptocurrency market cap saw net inflows of around $10 billion over the past 24 hours and currently stands at $806.96 billion — up 1.35%. Bitcoin and Ethereum’s market caps grew 1.09% to $322.14 billion and 1.74% to $148.95 billion, respectively. The top 10 cryptocurrencies all recorded profits during the last 24 hours. Solana…

Silvergate Capital hit with class action lawsuit for Securities Law violations

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[ad_1] Pomerantz LLP — a firm dedicated to representing the rights of defrauded investors — filed a class action lawsuit against Silvergate Capital over alleged violations of the Securities Exchange Act. The lawsuit was filed in the US District Court for the Southern District of California on behalf of all individuals and entities who purchased…

Lido now has the highest DeFi TVL as LDO increases 17%

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[ad_1] Ethereum (ETH) staking protocol Lido (LDO) is now the dominant DeFi protocol based on the total value of assets locked (TVL) in its ecosystem, according to DeFillama data. Lido’s TVL overtook that of MakerDAO (MKR) in the last 24 hours after rising by 0.57% to $5.90 billion. According to the data aggregator, this places…

Bitcoin core developer loses 216 BTC to ‘PGP compromise’

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[ad_1] Bitcoin core developer Luke Dashjr said he lost “basically” all his BTC stash to the compromise of his PGP key in a Jan. 1 Twitter thread. Dashjr did not reveal the amount of BTC he lost to the alleged hackers. He said some of his BTC was co-joined with the wallet “1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa.” Blockchain explorer…

Behind the two mining pools controlling 51% of the global hash rate

Jan 1, 2023

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[ad_1] While most of the market focuses on Bitcoin’s price volatility, a much bigger problem seems to go unnoticed. The centralization of Ethereum has been one of the hottest topics in the crypto industry since the network’s switch to Proof-of-Stake, with many critics warning about the dangers of such a high market cap cryptocurrency relying…

BTC and ETH bear market started in mid-2021, data suggests

Jan 1, 2023

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[ad_1] On Nov. 10, 2021, (BTC) established an all-time high of over $68,600, according to CryptoSlate data. On the same day, Ethereum (ETH) reached an all-time high price of $4,864.11, CryptoSlate data shows. The peak in the price of the two largest cryptocurrencies by market cap would lead investors to believe that the market was still experiencing a bull…

SushiSwap CEO proposes new tokenomics to survive liquidity crunch

Jan 1, 2023

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[ad_1] SushiSwap’s CEO, Jared Grey, introduced a proposal on Dec. 30 to alter the tokenomics of the SUSHI token in an attempt to revive the protocol amid a liquidity crunch. On Dec. 6, Grey set off a furor in the SUSHI community after announcing that the project’s treasury had a runway of only 1.5 years.…

BTC performed better than ARKK, MSTR, COIN despite 65% fall in 2022

Dec 31, 2022

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[ad_1] CryptoSlate looked into Glassnode data representing year-to-date (YTD) reviews of leading assets and currencies and revealed that Bitcoin (BTC) performed better than Ark Innovation ETF (ARKK), MicroStrategy Inc. (MSTR), and Coinbase Global Inc (COIN) in 2022. According to the data, BTC fell by 65.38% YTD, while ARKK, MSTR, and COIN lost 67.79%, 74.64%, and…

OpenSea’s dominance shrank 23% in 2022

Dec 31, 2022

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