Category: Latest news

[ad_1] Ad NEM posted an 86% upswing on the daily candle to hit a price of $0.0772  — a level not seen since May 2022. The 30-minute chart below shows buyers came in around noon GMT to send XEM significantly higher. 24-hour volume data currently comes in at $321.42 million — marking an over 3,000%…

[ad_1] Definition Illiquid supply is defined as the total supply held by illiquid entities, while supply change is a monthly (30d) net change of supply held by illiquid entities. Quick Take Illiquid supply change has gone negative for the first time since September 2022 — assuming that coins are returning to exchanges. Each time coins…

[ad_1] Ad DeFi protocol Launch Zone was hacked by DND exploiter on Feb. 27, leading to a catastrophic crash in its native token LZ’s value. Initially, the protocol warned people not to buy its token for the time being and said its team was handling the situation. However, as of press time, Launch Zone has…

[ad_1] Quick Take The outflows for BUSD continue, which sees a balance on exchanges of less than 10 billion. The balance on exchange was as high as 22 billion on exchanges in November 2022 — a trend expected to continue. USDT and Bitcoin have benefited the most from these outflows — as USDT dominates at…

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[ad_1] Ad Chia Network CEO Gene Hoffman has argued that the XCH token is not a security, however, the company was working to register with the U.S. Securities and Exchange Commission (SEC). SEC Chairman Gary Gensler stated on Feb. 25 that “everything other than Bitcoin is a security.” He argued that every other crypto token…

[ad_1] Introduction Since its inception in 2010, Bitcoin has seen its value and popularity rise exponentially, creating the foundation of a market that reached $1 trillion in value in a decade. Cryptocurrencies have seen increased adoption in the wake of broader macroeconomic turmoil, with millions of new users onboarding the decentralized world of cryptocurrencies as…

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[ad_1] Ad Crypto exchanges Huobi and KuCoin continue to provide services to users of sanctioned Russian banks, according to a report from Politico on Feb. 24. The news publication cited a report from Inca Digital to that effect. Inca’s report specifically suggests that clients of sanctioned Russian banks can use bank-issued debit cards to transact…

[ad_1] Ad Oasis Network worked with a whitehat hacking group to retrieve funds stolen from Wormhole, according to a post from the former project on Feb. 24. On Feb. 2, Solana’s Wormhole bridge was exploited for a sum of cryptocurrency now estimated at $326 million. The attacker later moved a portion of those funds. Oasis,…