Cryptocurrency Analysis and News Portal
Decentralized finance (DeFi) platform EigenLayer had its first-ever restaking smart contracts reach their maximum limits on Wednesday, the same day the much-hyped protocol was deployed on the Ethereum mainnet. The contracts, which allow people to “restake” ether (ETH) and use it to secure other platforms, drew in 9,600 tokens worth
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Big Tech firm Meta is scrapping its nonfungible token (NFT) feature across its social media platforms Facebook and Instagram just under a year after it launched.Stephane Kasriel, Meta's head of commerce and financial technologies, tweeted the news on Mar. 13, saying Meta is "winding down" its NFT support as it
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In its email to users, Kraken said the move was made due to changes by Signature, according to Bloomberg. In an email to CoinDesk, Signature noted that it had previously stated as of Feb. 1, it would no longer support any of its crypto exchange customers in buying and selling
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Nansen considers a wallet to be “smart money” if it is “historically profitable,” meaning it meets at least one of several conditions, including: making at least $100,000 by providing liquidity to decentralized finance (DeFi) protocol, SushiSwap and Uniwap, excluding so-called impermanent losses; having at least more than or equal to
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In just over a week after pulling off the $117 million exploit of Mango Markets, Avraham Eisenberg is now boasting about making $100,000 rug-pulling a “shitcoin” called Mango Inu, again claiming he "did nothing wrong." Eisenberg recently ousted himself as one of the persons behind the recent $117 million exploit of
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DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners. Source
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In this week's episode of Market Talks, we welcome Ray Salmond, head of markets at Cryptox.The main topic of discussion with Ray will be the recent crypto market pullback and whether there is a possibility of the price of Bitcoin (BTC) going all the way down to $15K. We take
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Coinbase told customers it is making these changes as "required by local regulations," an apparent reference to the Financial Action Task Force's (FATF) travel rule, which requires crypto service providers to exchange the personal information of the senders and receivers in order to tackle fraud and money laundering. Source
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The move is aimed at halting capital flight from the country, which has been hit with increasingly harsh economic sanctions from the U.S. and Europe after it invaded Ukraine on Feb. 24. A growing list of Western companies, including BP and Shell, have announced plans to halt investments in Russia
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Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors.From being a domain of bedroom coders to a growing financial sector with over $2 trillion in market capitalization, the crypto
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