The platform has recovered the assets and returned them to the victim. The attack happened on September 2, and the swift action has restored user confidence. XVS gained 2% amidst the community’s optimism. A leading DeFi lending platform, Venus Protocol, has demonstrated its capability after the team recovered funds lost to a phishing scheme that shook its community in the past few days. Notably, the lending network suffered a sophisticated phishing incident on September 2, which had Venus’ renowned user […]
Somnia is a SoftBank-backed Improbable’s Layer 1 blockchain network. Somnia’s token price is rallying after 10 billion testnet transactions and the mainnet launch. Somnia has partnered with ZNS Connect for .somnia domains and decentralised identity tools. Somnia (SOMI) token has seen a dramatic upswing in value, climbing more than 40% in the past 24 hours and marking a significant step for one of the newest entrants in the blockchain space. With strong trading volume and multiple partnerships fueling momentum, SoftBank-backed […]
TL;DR The crypto market has begun the new week positively, with BTC trading close to $112k. HYPE has overtaken Chainlink’s LINK, up nearly 8% today. HYPE overtakes LINK on the market cap list The cryptocurrency market is having a positive start to the week, thanks to Bitcoin and other major coins rallying higher. BTC, the leading cryptocurrency by market cap, is up 1% in the last 24 hours and is now trading at $111,800 per coin. The positive performance also […]
Key takeaways LINK is up nearly 6% and is currently trading above $23 per coin. Grayscale has filed to convert its existing LINK trust into the GLNK ETF and could include staking if approved. Grayscale files to convert its LINK trust into an ETF Digital asset manager Grayscale has filed with the U.S. SEC to convert its existing Chainlink Trust into a spot exchange-traded fund (ETF). According to the S-1 registration statement submitted to the regulator on Monday, Grayscale stated […]
Total BTC treasury holdings have hit a record high of 840,000 BTC. However, the average purchase size has collapsed by a staggering 86 percent. This waning demand was the key driver of the Q2 Bitcoin rally. They were the heroes of the last great rally, the talk of the town at the recent BTC Asia conference, their voracious appetite for Bitcoin single-handedly driving the market to new heights. But a shadow has fallen over the world of the corporate Bitcoin […]
The funds shed a total of $787.6 million between Tuesday and Friday. Over the same period, Bitcoin ETFs saw $250.3 million in net inflows. The weekly reversal comes after a strong August for Ether ETFs, which attracted $3.87 billion in inflows. US-based spot Ether exchange-traded funds (ETFs) saw four straight days of net outflows during the shortened trading week following Labor Day, reversing some of the momentum that had built up in August. The funds shed a total of $787.6 […]
Ethereum ETFs lost $505M in just four days amid profit-taking and economic uncertainty. Bitcoin ETFs gained $284M, signaling a shift toward perceived safer crypto assets. Analysts warn volatility may continue, but long-term fundamentals for Ethereum remain strong. Ethereum ETFs took a sharp hit, losing $505 million in just four days. The pullback follows a strong Q3 rally, where inflows and prices were hitting new highs, but investors suddenly hit the brakes. Rising economic uncertainty and profit-taking appear to be behind […]
SUI’s 24-hour trading volume signals heightened market interest. Treasury bets and staking yield could attract more institutional investors to SUI. A potential price test may occur if buying momentum persists Sui is trading up as bulls continue the uptick seen since SUI Group Holdings’ recent acquisition of 20 million SUI tokens. As the company boosted its treasury to over $332 million, Sui prices jumped amid optimism about the future of SUI. The altcoin is up from lows of $3.12 this […]
Litecoin’s latest bounce has the LTC price above $110. Analysts project an uptick to $140-$150 targets if momentum sustains. Litecoin’s performance aligns with major altcoins like Ethereum and Solana. Litecoin (LTC) price has climbed above $110 in the past 24 hours as investors eye a potential bounce toward $140. This comes as market sentiment and technical indicators signal bullish strength for altcoins. Litecoin price bounces above $110 Litecoin climbed past the $110 threshold on Friday, trading near $113 as of […]
RedStone’s price rose 55% as the 24-hour trading volume surged to $418 million. The project’s token soared after Upbit announced trading support for RED. RED price could surge to $1 or find support around $0.50. RedStone (RED), a leading decentralised finance oracle infrastructure provider, has experienced a significant price surge of 55% in the past 24 hours. While the price increase mirrors the rest of the market’s bounce, RED has surged after Upbit, South Korea’s largest crypto exchange, announced trading […]