Haven Protocol, a privacy-focused blockchain project, has suffered a significant exploit that caused the price of its native token, XHV, to plummet by nearly 50%. The price of XHV dropped sharply from $0.0003594 to around $0.0001649, a steep decline that sparked reactions from the community as they learned about the security breach. The Haven Protocol […]

Coinbase has taken a significant step toward enhancing its Project Diamond platform by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This strategic integration is aimed at accelerating the adoption of digital assets within institutional circles, a key focus for Coinbase as it seeks to position itself as a leader in the growing institutional crypto market. Project […]

Goldman Sachs is signaling openness to expanding its participation in the Bitcoin and Ethereum markets, provided U.S. regulators create a more accommodating regulatory framework. CEO David Solomon recently shared this sentiment in an interview at a Reuters event, noting that the bank would consider a more significant presence in the digital asset space if authorized […]

On December 10, Microsoft shareholders voted against a proposal to add Bitcoin to the company’s treasury holdings. The proposal, put forth by the National Center for Public Policy Research, aimed to position Bitcoin as a hedge against inflation and a transformative financial asset. However, the Microsoft board recommended rejecting the measure, and the shareholders followed […]

Solana (SOL) has recently experienced a significant decline, entering what some are calling a local bear market. The price of Solana dropped by 20% from its highest point this year, causing its market capitalization to shrink to $102 billion. This decline is part of a larger crypto sell-off, with other layer-1 and layer-2 cryptocurrencies such […]

Bybit, one of the leading cryptocurrency exchanges, has expanded its On-Chain Earn platform by adding support for SUI, the native token of the Sui blockchain, which is currently ranked as the 20th largest cryptocurrency by market capitalization. This addition to Bybit’s platform allows users to stake SUI directly on the blockchain and participate in securing […]

Billionaire investor Ray Dalio has expressed increasing concerns about global indebtedness, urging investors to consider pivoting toward “hard money” assets like gold and Bitcoin instead of traditional debt instruments such as bonds. Speaking at a financial conference in Abu Dhabi, Dalio highlighted the unsustainable nature of rising debt levels in major economies, including the United […]

Binance has announced the upcoming launch of SPX6900 as a USDT Perpetual Contract, set to go live on December 10 at 12:45 UTC. This new contract, dubbed SPXUSDT, will be available with up to 75x leverage, enabling traders to potentially amplify their positions. Binance’s decision to list SPX6900 as a perpetual contract comes alongside the […]

The market for AI-related cryptocurrencies experienced a sharp downturn, with a 14.6% drop in total market cap over the course of a single day, primarily driven by news of an anti-trust investigation into Nvidia, the leading maker of AI chips. This investigation was launched by China’s State Administration for Market Regulation, and it alleges that […]

On December 10, 2024, three major cryptocurrency exchanges—Binance, Upbit, and Bithumb—are set to list Magic Eden’s native token, ME, marking a pivotal moment for the Solana-based NFT marketplace. These listings are expected to drive significant trading volume and further bolster the token’s presence in the global crypto space, given the prominence of these exchanges and […]