Category: Latest news

[ad_1] Cross-chain project Allbridge disclosed that it had recovered more than $467,000 worth of stolen funds and announced a recovery plan on April 4. Allbridge recovers 1,500 BNB Allbridge said that the owner of an account containing stolen funds returned 1,500 BNB (currently valued at $467,000). The project said that the account holder would be…

[ad_1] The DeFi lending platform Sentiment has likely been hacked, according to an announcement from the project on Twitter on April 4. The project’s team wrote that it has been “made aware of a potential issue concerning the Sentiment protocol” and is investigating the situation. Though Sentiment has not provided an explanation, various members of…

[ad_1] Shanghai is the next major Ethereum upgrade, scheduled to go live on April 12. Once implemented, ETH staked on the staking contract will be unlocked and withdrawable – thus finalizing the process that began with the Beacon Chain launch in December 2020. The implication of the Shanghai upgrade is subject to much speculation. Some…

[ad_1] Ad The Commodities Futures Trading Commission (CFTC) filing against Binance represented the culmination of increased regulatory pressure on the crypto industry.  On March 27, the CFTC sued the company, its CEO Changpeng Zhao (CZ), and its compliance lead Samuel Lim for violating commodities regulations in the U.S. The market reacted switftly to the filing,…

[ad_1] The Texas Senate Committee passed the anti-Bitcoin (BTC) mining bill on April 4, according to Satoshi Act Fund’s founder Dennis Porter. The bill, sponsored by Texas State Senator Lois Kolkhorst, passed without a single vote in opposition, Porter stated. The fact that it got the unanimous support of the committee sparked rumors that it…

[ad_1] Quick Take In the past two days, a lot of macro data has come out for the U.S., which shows significant signs of a slowing economy in the U.S. Yesterday, the US manufacturing slump deepened as the manufacturing ISM index fell further into contraction, which fell below expectations and fell to its lowest level…

[ad_1] Peer-to-peer exchange Paxful announced it is suspending its marketplace, according to a written message by its CEO, Ray Youssef. A screenshot of the message was shared by crypto influencer @callebtc. The message stated: “Today, Paxful will be suspending its marketplace. We are not sure if it will come back.” Youssef said he couldn’t share…

[ad_1] Leading crypto exchange-traded product (ETP) issuer 21Shares has launched a product offering exposure to Bitcoin (BTC) layer2 (L2) network Stacks (STX). According to an April 4 statement, the 21Shares Stacks Staking ETP  is listed on the BX Swiss Exchange under the ticker ASTX. 21Shares described the product as “the world’s first ETP offering exposure to…

[ad_1] CoinMarketCap’s Q1 2023 report ranked Shiba Inu among the most viewed cryptocurrencies on its platform after Bitcoin (BTC) and Baby Doge Coin (BABYDOGE). This report suggests that investors across the globe are keeping tabs on the meme coin due to its recent price movements. Shiba Inu closely tails Bitcoin in popularity According to the…

[ad_1] Quick Take The options market is finally starting to price in the Ethereum Shanghai upgrade, supposedly scheduled for April 12. Options 25 delta skew at the front end (1 week to 1 Month) suggests bearish sentiment, with puts starting to dominate calls. Furthermore, looking at options open interest by strike price — an overwhelming…