Business
Leveraged derivative wipeouts and tightening global credit conditions accelerated crypto market losses as the Cardano price falling trajectory reversed early October gains across major exchanges. Despite initial buying interest surrounding ecosystem integrations with Petrobras and Pacific Meta, alternative tokens faced
The crypto market rebounded on Wednesday, October 21, as Bitcoin reclaimed a key support level near $81,600 and rose to about $84,500. The world’s largest cryptocurrency gained 2.5% over 24 hours. It had dropped below $80,000 during a slide in
Bitcoin traded near $84,000 on Monday while benchmark U.S. Treasury yields remained above 5%. The 10-year Treasury yield stood at 5.22% on Oct. 8, according to Federal Reserve data. It had reached 5.31% three days earlier after ending Sept. 22
Digital asset market liquidity contracted sharply across global derivatives venues after Bitcoin dropped below 84,000 dollars, triggering a widespread market liquidations cascade. Market data tracking published by analytics platform CoinGlass confirms that over 550 million dollars in risky crypto bets
Bitcoin climbed past $75,000 late Thursday to hit its highest valuation since May, anchoring a widespread rally across global digital asset markets. The price movement accelerated following automated short-position liquidations and regulatory tailwinds, with traders pushing the benchmark cryptocurrency past
Blockchain & DeFi
THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May 15
Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s
Google Cloud has stepped into the Web3 arena with the launch of a new portal aimed at blockchain developers, offering datasets and tutorials on non-fungible tokens (NFTs). However, the reception within the cryptocurrency community has been polarized, eliciting a range
Crypto trader Avraham “Avi” Eisenberg has been convicted on all counts of fraud and manipulation in a $110 million cryptocurrency trading scheme involving the Mango Markets platform. This landmark verdict marks the first instance where a U.S. jury has assessed
The recent exit of Binance from Nigeria has sent ripples through the country’s cryptocurrency community, evoking both concerns and prospects for the future. Local stakeholders within the crypto sphere have expressed dismay over the prohibition of Binance’s naira operations, highlighting
The decentralized finance (DeFi) sector hit a significant milestone on March 9 as the total value locked (TVL) in DeFi protocols soared past $100 billion, indicating renewed enthusiasm in the crypto market. However, this achievement still lags behind the record