Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points, the central bank hopes to “narrow the negative real interest rate gap and rein in Read More
In only the past week, ALGO has grown by a whopping 30%. Some may not be surprised by this development, as Algorand Read More
Data shows the crypto market has been fearful for 171 days already, will the streak continue in October and reach 200 days?
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Data shows the Ethereum Proof-of-Work forks have sharply fallen down in the few days following the merge.
Ethereum PoW Forks Have Fallen 66% Read More
A popular trade drove up funding rates to lifetime highs for ether futures.
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Attackers used the Omni bridge of the Gnosis network to conduct the exploit. Some 200 weighted ether (wETH) was transferred through the bridge on Saturday, and the same transaction was replayed on the PoW chain – resulting in the attacker gaining 200 ETHW, or approximately $1,600 at the time.
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During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS), it’s down Read More
Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from $171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion since mid-July.
For More Than 2 Months Stablecoin Market Read More
Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past week.
Zcash Read More
As new details of the Ripple vs. SEC lawsuit emerged, the price of XRP felt sluggish in the last week. As of Read More