In the fourth quarter of last year, 1inch experienced a significant increase in volumes and market dominance. According to a report by Messari, the popular decentralized exchange (DEX) aggregator recorded over $30 billion in executed volume, capturing a commanding 64% share of the Ethereum DEX aggregator market. This surge in volume can be attributed to
Crypto
In recent years, Bitcoin (BTC) and Ethereum (ETH) have seen significant price surges, leading to speculation about the future potential of these cryptocurrencies. According to a research report by Coinbase Research and Glassnode, the current market cycle for BTC and ETH is following a similar pattern to previous years, during which their prices skyrocketed by
The recent approval by the United States Securities and Exchange Commission (SEC) for the launch of spot Bitcoin exchange-traded funds (ETFs) has sent shockwaves through the crypto market. Anthony Scaramucci, founder and CEO of SkyBridge Capital, one of the leading alternative asset management firms, has boldly predicted that Bitcoin will reach its all-time high by
The dApp industry has witnessed a remarkable surge in growth, as revealed by DappRadar’s 2023 Industry Report. This comprehensive report offers valuable insights into the dynamic landscape of the industry, shedding light on the key trends observed in NFTs, DeFi, and blockchain gaming. The report highlights the unprecedented increase of 124% in Unique Active Wallets
The world of blockchain games has seen its fair share of ups and downs. The latest data from the Big Blockchain Game List reveals that more than 30% of announced blockchain games in 2023 have either been discontinued or canceled. This brings us to question the sustainability and viability of this emerging industry. As of
The rise of decentralized finance (DeFi) has undoubtedly sparked excitement and potential within the financial industry. However, a recent report by the Commodity Futures Trading Commission (CFTC) sheds light on the glaring issues and risks that plague this emerging sector. In analyzing the report, it becomes evident that DeFi systems lack clear lines of responsibility
The cryptocurrency market experienced a whirlwind of activity as 11 spot Bitcoin ETFs made their debut on US stock markets. The result? A rollercoaster ride of price movements, with Bitcoin reaching a multi-year peak followed by a massive dump. The approval of these Bitcoin ETFs by the US Securities and Exchange Commission (SEC) gave the
Hackers have once again demonstrated their ability to infiltrate secure platforms by compromising the official X accounts of popular crypto data aggregator Coingecko. This incident marks the second hack within a span of just 24 hours, as the U.S. Securities and Exchange Commission (SEC) also fell victim to a similar attack. With these occurrences, it
The NEAR Foundation recently announced its plan to undergo a significant restructuring, reducing its team by approximately 40%, resulting in 35 employees being impacted. This move is part of the foundation’s realignment initiative, aimed at streamlining its operations and focusing on activities with a higher impact. The decision comes after a thorough review that revealed
Bitcoin, the largest digital asset, experienced an eventful day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This development marked a significant milestone for the cryptocurrency industry, but it also brought about unexpected volatility. When the ETFs went live on several stock
Celsius, the once-popular crypto staking, lending, and exchange platform, has recently sparked outrage with its aggressive clawback attempts. After shifting its focus to Bitcoin mining following its bankruptcy case, the platform has taken a drastic step to recover funds from former clients. This move comes after Celsius raised the “unsecured creditors” argument in court to
The Securities and Exchange Commission (SEC) recently faced a major embarrassment when its Twitter account, @SECGov, was hacked. The incident shed light on the agency’s vulnerability to cyber attacks and raised concerns about its ability to protect sensitive information. The hack revealed a lack of basic security measures, sparking criticism from industry experts and further
Fox reporter Eleanor Terrett has recently brought attention to a crucial procedural element within the U.S. Securities and Exchange Commission (SEC) that could potentially influence the fate of the highly anticipated spot Bitcoin Exchange-Traded Fund (ETF) approval. This revelation has generated significant interest and speculation within the crypto community. Terrett’s tweet on January 9th shed
A recent report by Kaiko has shed light on a concerning trend in the cryptocurrency market – the severe decline in liquidity for privacy tokens. The data reveals that liquidity for privacy tokens has reached an all-time low of just $5 million. This sharp drop can be attributed to the delisting of several trading pairs