News

Whopping $118.7 Million Crypto Withdrawal from Binance in 16 Hours!

Crypto withdrawal a staggering sum of assets from Binance, sending shockwaves through the cryptocurrency community.

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Ethereum Layer 2 Total Lock-up Volume Declines by 0.85% in Week!

Recent data from L2BEAT sheds light on the current state of the Ethereum Layer 2 network, revealing both notable figures and trends within the ecosystem.

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xBankFinance Rug Suspected: Official Recommendation Frozen Amidst Controversy!

xBankFinance, a prominent zkSync ecological lending platform, has come under scrutiny amid allegations of rug pulling.

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NFT Transaction Volume on Bitcoin Chain Plummet Over 50% in Week!

NFT transaction volume on the Ethereum chain surged to approximately US$69.42 million, marking a notable month-on-month increase of 39.13%.

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10x Research Reveals Potential Downfall of ETF Investments!

Crypto research firm 10x Research has raised concerns about Bitcoin's recent performance, highlighting new lows and the emergence of a downward trend in the market.

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Italy’s Securities Regulator Blocks Illegal Crypto Trading Platforms

Italy's securities regulator, Consob, expands its crackdown on unauthorized trading websites, including crypto.

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Crypto ETF Collateral On DTCC Cut By 100% In Evaluated Market Price

Crypto ETF collateral, specifically Bitcoin, will no longer carry collateral value for loans, subject to a 100% haircut.

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Crypto ETFs Face Zero Collateral Value For Loans: Higher Risk For Investors?

Starting April 30, 2024, the DTCC will assign zero collateral value to ETFs or investments with Bitcoin or other cryptocurrencies, increasing risk due to decreased liquidity.