Monday, November 4, 2024
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Bear market tides shifting; investors turn their attention to 3 crypto assets 

The crypto market is showing signs of recovery, with Bitcoin’s (BTC) recent surge to $37,000 sparking renewed interest among investors.  This positive shift can be attributed to the expectations surrounding the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. Amidst these changes, three coins – Galaxy Fox (GFOX), Solana

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LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says

The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cryptox at the Collision conference in Toronto. “2015 was basically unbearable. […] Nobody cared; there was nothing. This really doesn't seem

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Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape

A peer-to-peer (P2P) cryptocurrency exchange is an online marketplace that connects buyers and sellers of cryptocurrencies like Bitcoin (BTC). The platform enables them to conduct direct business with one another without the need for intermediaries. When purchasing cryptocurrency on a P2P exchange, a buyer transfers the agreed-upon amount from their account

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We’re Shifting to ‘Bipolar’ Global Reserve Currency System With Chinese Yuan as Alternative to US Dollar – Economics Bitcoin News

Economist Nouriel Roubini, also known as “Dr. Doom,” predicts that the global reserve currency system will shift from unipolar to bipolar. He expects most countries that attempt to reduce their reliance on the U.S. dollar to propose the Chinese yuan as an alternative to the USD. Roubini on U.S. Dollar and

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Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

Digital asset investment firms poured $2.7 billion into decentralized finance (DeFi) projects in 2022, up 190% from 2021 as investments into centralized finance (CeFi) projects went the other way — falling 73% to $4.3 billion over the same timeframe. The staggering rise in DeFi funding was despite overall crypto funding

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Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash

The suspected actors behind the $6 million exploit of decentralized finance lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto mixer Tornado Cash.Blockchain security firms PeckShield and Beosin alerted their respective followers to the movement of funds on Feb. 27, noting

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Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape – Bitcoin News

The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with a

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