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Ethereum staking withdrawals have entered their third “round,” but Ether (ETH) staking deposits have almost equaled them, according to the data from the analytics platform Nansen.Ethereum staking withdrawals started ramping up for the third time on April 24 and into April 25. According to Nansen, the crypto exchange Kraken was
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First among these changes was increasing the liquidity owned by the protocol for the USDC/FCTR pair on Camelot. When participating in the token generation event, users would deposit stablecoin USDC into the protocol in exchange for FCTR. Half of the USDC funds raised from the public sale will now be
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For example, Kraken’s and Coinbase’s current 30-day SMAs for their BTC inflows are not close to their six-year low. In 2023, Kraken’s incoming BTC transfers have oscillated between roughly 700 BTC and 1,030 BTC, while Coinbase’s have ranged from roughly 2,800 BTC to 3,700 BTC. Kraken and Coinbase BTC inflows
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Coinbase CEO Brian Armstrong has revealed that the exchange’s trading revenue has declined by approximately 50% or more when compared with last year, according to a Dec. 7 report from Bloomberg.Armstrong made the statement as part of an interview with the David Rubenstein Show. When asked about the exchange’s revenue,
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Lemon had planned to deploy almost the entire amount on its expansion in Brazil. Given the current context, its move into the South American country will be “more strategic and niche,” Cavazzoli said. The exchange put plans to expand into Chile, Colombia, Ecuador, Peru and Uruguay by the end of
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According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry” about
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A Coinbase spokesperson told CryptoX the reductions occurred on the company’s recruiting team along with its institutional onboarding unit. “These are isolated and targeted actions by two teams to help Coinbase operate as efficiently as possible,” the company spokesperson said. Source
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Binance’s current bid is slightly higher than FTX’s, according to sources who spoke to the Wall Street Journal. Source
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We’re on the heels of cross-chain bridge Nomad suffering a demolishing hack earlier in the week, and now hackers are doubling down with an attack on Solana hot wallets mid-way through the week. On Tuesday afternoon, reports emerged of some sort of vulnerability that was taking advantage of Solana-based
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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than
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