Crypto exchange Binance experienced significant growth in its user base in 2023, according to CEO Richard Teng. Despite facing challenges such as a settlement with U.S. regulators and the departure of founder Changpeng “CZ” Zhao, Binance managed to attract new users and …
Solana (SOL) experienced a significant decline of almost 6% over the past 24 hours, dropping to $98. This decline comes as the previous weeks’ frenzy surrounding the Solana ecosystem and the rally of Solana-based meme coins showed signs of losing momentum. Data …
Canadian crypto exchange Catalyx has temporarily halted all trading, deposits, and withdrawals after experiencing a security breach that resulted in the loss of some customer funds. The company, CatalX CTX Ltd., has initiated an investigation into the incident, which may involve an …
A U.S. federal judge has ruled that Terraform Labs, the creator of Terra and Luna cryptocurrencies, violated federal securities laws by selling its cryptocurrencies to the public. Judge Jed Rakoff of the U.S. District Court for the Southern District of New York …
The Solana blockchain’s native token SOL has surged past the $100 mark, reaching a price level not seen since the collapse of Terra over a year and a half ago. As of now, SOL is valued at around $102 per coin, marking …
Crypto traders are shifting their focus to alternative cryptocurrencies as 2023 comes to a close, according to data tracked by Coinalyze. The dollar value locked in active futures contracts tied to bitcoin now represents only 38% of the market-wide notional futures open …
The Telcoin (TEL) token experienced a significant drop of 40% in its price within a 24-hour period. This sudden decline was attributed to an apparent error in the implementation of a wallet on the Polygon blockchain, which caused user balances to decrease …
Almost a decade after the infamous hack that led to the loss of 850,000 bitcoins from the Mt. Gox crypto exchange, customers are finally starting to receive repayments. The stolen bitcoins, now valued at around $36 billion, have been a long-standing issue …
Metis (METIS), the native cryptocurrency of layer 2 network Metis, experienced a significant surge of up to 50% in the past 24 hours. However, the token later retraced some of its gains. The surge in price was attributed to a previously announced …
Grayscale Investments, the company that applied to convert its Bitcoin Trust (GBTC) into a U.S. spot exchange-traded fund (ETF), has announced that Barry Silbert has resigned as chairman. Mark Shifke, the chief financial officer of Digital Currency Group (DCG), will take over …