Binance Calls for Stricter Security Regulations After Bybit Hack

Binance Calls for Stricter Security Regulations After Bybit Hack

Following the massive $1.4 billion hack on Bybit on February 21, Binance is urging both regulators and industry players to push for stricter, universal security standards across the cryptocurrency sector. In a live session marking the start of Ramadan, Binance CEO Richard Teng emphasized that security and user protection must be a top priority moving […]

Ethereum Price Faces Steep Decline, Breaking Long-Term Trend

Ethereum Price Faces Steep Decline, Breaking Long-Term Trend

Ethereum’s price has suffered a significant drop, making it one of the worst-performing major cryptocurrencies in February. The second-largest cryptocurrency by market capitalization fell to a low of $2,075, marking its lowest point since January 2024 and a sharp 50% decline from its peak in November 2023. This downturn represents a major break in Ethereum’s […]

XRP Faces a Potential 45% Decline Amid Market Downturn and Technical Signals

XRP Faces a Potential 45% Decline Amid Market Downturn and Technical Signals

XRP has fallen below the critical $2 support level for the first time since early February, signaling a potential downturn and placing the cryptocurrency in a danger zone that could result in a steep 45% price drop. The recent market slump, driven by macroeconomic pressures such as political instability and shifting policies in the U.S., […]

Pump.fun Faces Major Decline in Fee Revenue Amidst Controversies

Pump.fun Faces Major Decline in Fee Revenue Amidst Controversies

Pump.fun, once a leading platform in the meme coin space, has witnessed a staggering 92% drop in its protocol fee revenue, according to data from DefiLama. The platform’s fee revenue, which peaked at $15.38 million on January 25, has since fallen to just $1.1 million. This sharp decline is attributed to a slowdown in activity […]

Chinese Fund House Giant Launches Tokenized Money Market Fund in Hong Kong

Chinese Fund House Giant Launches Tokenized Money Market Fund in Hong Kong

ChinaAMC, one of China’s largest fund houses, has launched Hong Kong’s first retail tokenized money market fund in collaboration with the Hong Kong-based crypto exchange OSL. The new fund, named the ChinaAMC HKD Digital Money Market Fund, is designed to provide retail investors with blockchain-based access to money market assets. It has received approval from […]

Here’s Why Bitcoin Price Correction Could Last Until April

Here’s Why Bitcoin Price Correction Could Last Until April

Bitcoin’s price correction is likely to persist until April, as a result of various macroeconomic factors and changing market dynamics, according to a recent analysis by Matrixport. The cryptocurrency market has seen increasing ties to traditional financial systems, and analysts point to a stronger U.S. dollar as one of the primary contributors to the ongoing […]

MORPHO Soars After Coinbase Listing, But Potential Correction Looms

MORPHO Soars After Coinbase Listing, But Potential Correction Looms

MORPHO, a decentralized and non-custodial lending platform built on Ethereum, experienced a significant surge in price on February 28, rising by 20% despite the general bearish sentiment that has gripped the broader crypto market. The token saw its price reach an intraday high of $2.44, marking a remarkable 35% increase from its weekly low, which […]

Base L2 Unveils New Features on Testnet, Plans Mainnet Deployment for Q2

Base L2 Unveils New Features on Testnet, Plans Mainnet Deployment for Q2

Base, the Layer 2 scaling solution for Ethereum, has rolled out three new features on its testnet with plans to deploy them on the mainnet in Q2, aimed at enhancing transaction speeds, scalability, and user-friendliness. The first feature is flashblocks, a technology that significantly reduces block time from Ethereum’s standard 12 seconds to just 200 […]

Solana Dips Below $130 Ahead of 11.2M SOL Token Unlock on March 1

Solana Dips Below $130 Ahead of 11.2M SOL Token Unlock on March 1

Solana’s price has recently dipped to $126, hitting its lowest level since mid-October, as market participants prepare for the upcoming unlock of 11.2 million SOL tokens from the FTX bankruptcy estate on March 1. The release of these tokens is raising concerns about further selling pressure, contributing to Solana’s 9% drop in the past 24 […]

On-Chain Trading Expands as GRVT Integrates with CoinRoutes

On-Chain Trading Expands as GRVT Integrates with CoinRoutes

GRVT, a self-custodial hybrid exchange, has partnered with CoinRoutes, a leading order execution management system, to enhance institutional access to decentralized trading. This collaboration allows institutional traders to execute on-chain trading strategies using CoinRoutes’ infrastructure, highlighting the growing institutional interest in decentralized finance (DeFi). The integration aligns with the increasing demand for decentralized exchange (DEX) […]