Data from Glassnode has revealed what percentage of traders on Uniswap are bots, and what percentage are humans. Here are the exact numbers. The Dominance Of Each Trader Type On The Uniswap DEX In its latest weekly report, the on-chain analytics firm Glassnode has looked into the various underlying metrics related to Uniswap. One of […]

Sam Altman’s brainchild, Worldcoin (WLD), is facing scrutiny as the Bavarian state regulator in Germany has been actively investigating the project for a full year. According to Michael Will, the President of the Bavarian State Office for Data Protection Supervision, the regulator has expressed apprehensions regarding WLD’s ambition to handle “sensitive data on a very […]

All eyes are on the next Litecoin halving, slated to take place tomorrow August 2nd, 2023. As the moment approaches, anticipation is building around how slashing the mining reward will impact the cryptocurrency called silver to Bitcoin as digital gold. A Quick Litecoin Halving Primer Litecoin burst onto the scene in 2011 as one of […]

Members of the XRP community were left shocked due to a mysterious memo on a recent escrow transaction involving 400 million tokens valued at $275 million, leaving users perplexed about the origin and individual behind the memo.  The Mystery Memo In An XRP Transaction As part of its monthly escrow transaction exercise, Ripple unlocked XRP […]

The U.S. Securities and Exchange Commission (SEC) recently initiated legal action against crypto influencer Richard Schueler, widely recognized as Richard Heart, along with his trio of cryptocurrency ventures – Hex, PulseChain, and PulseX. The regulatory body contends that these ventures engaged in unregistered offerings of “crypto asset securities,” accumulating a huge amount of $1 billion […]

On-chain data shows that Ethereum network-related indicators have turned green, something that could be constructive for the asset this month. Ethereum Active Addresses & Network Growth Have Registered A Rise According to data from the on-chain analytics firm Santiment, ETH has closed the month of July seeing positive developments in its underlying metrics. There are […]

In the wake of Binance’s recent virtual asset exchange approval in Dubai, the United Arab Emirates (UAE) has taken another significant step towards establishing itself as a leading hub for digital assets. Nomura Holdings has been granted a comprehensive crypto license for its subsidiary, Laser Digital Middle East FZE by the Dubai government. This significant development […]

In what could be a groundbreaking encounter in the crypto-verse, Shytoshi Kusama, the pseudonymous architect behind the Shiba Inu project, has reached out to tech magnate Elon Musk. Kusama invited Tesla CEO Musk to the upcoming Blockchain Futurist Conference. The event, taking place on August 15 & 16, 2023 in Toronto, Canada, is expected to […]

Ahead of its grand opening this August, Binance’s Japanese subsidiary, Binance Japan, has revealed the content of its upcoming crypto spot trading and crypto assets exchange. Binance Japan is coming in strong, ready to surpass existing competitors in the Japanese market as it plans to offer 34 cryptocurrencies on its platform. According to an August […]

Crypto has found an unexpected ally in Florida Gov. Ron DeSantis, who is making waves with his 2024 presidential campaign focused on “economic independence.” In a bold move, DeSantis has taken a clear stance on cryptocurrencies, vowing to end US President Joe Biden’s “war on Bitcoin and cryptocurrency” if he secures the highest office. During […]

In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash.   A Look At The Plan The draft creditor-repayment plan is a product of feedback […]

The Curve (CRV) token has been in free fall ever since the Sunday re-entrancy exploit that saw tens of millions of dollars stolen from the protocol. However, while most have shied away from the altcoin, expecting it to fall further, the likes of Tron founder Justin Sun seem to have taken its current downtrend as […]

Bad news for Ripple and XRP? The U.S crypto regulation landscape, already mired in uncertainty, has been thrown into further turmoil yesterday following diverging judicial opinions about the classification of cryptocurrencies as securities. However, Ripple Labs’ Chief Legal Officer (CLO) Stuart Alderoty has held firm, insisting that a recent controversial ruling against Terraform Labs has […]

Decentralized exchange (DEX) LeetSwap, a protocol native to Coinbase’s Base network, has halted its operations due to fears of a possible exploit. This follows reports that about 30 meme coins were recently rug-pulled on the Base network.  BALD, a meme token inspired by the Coinbase CEO, is the most notable of the rugged coins. According […]

In a major development on July 31, U.S. Judge Jed Rakeoff of the Southern District of New York has rejected Terraform’s motion to dismiss the fraud charges levied against the company by the United States Securities and Exchange Commission.  While ruling over this case, Judge Rakeoff has also expressed his disagreement with fellow Judge Analisa […]

Crypto Twitter has been engulfed by a tantalizing controversy that has the entire community buzzing – the explosive, albeit fleeting, rise and precipitous fall of a new memecoin named BALD, launched on Base, and the unexpected name tied to it – Sam Bankman-Fried (SBF), the founder of FTX. The BALD memecoin, humorously named after Coinbase […]

On July 31, an anonymous whale controlling an Ethereum Name Service (ENS) domain reemerged, reclaiming 39,712 ETH valued at approximately $74 million. The mysterious whale, only identified through his associated ENS address “darknet.eth,” also moved 63,734 ETH, worth roughly $119 million, to a new wallet address. ENS Whale Moves Millions Worth Of ETH This sudden […]

Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20.  The move came after Genesis Global Capital halted customer repayments on November 16, raising concerns about the potential failure of other firms.  According to bankruptcy records, Genesis Global Capital named over 100,000 creditors in […]

Bitcoin is currently still stalling just above $29,000, making this one of the longest stretches that the digital asset has spent at this level. This constricted price range usually means that there is muted interest in the digital asset right now; however, the daily trading volume for Bitcoin suggests that this may not be the […]