The Sui community has approved returning $162M in frozen assets to Cetus victims. The funds will be held in a multisig wallet for user repayment. Sui also launched a $10M security push after the $223M exploit. In a significant move for user restitution and ecosystem resilience, the Sui community has officially approved a vote to return over $160 million in frozen assets following the massive exploit of the Cetus decentralised exchange. The decision, reached through an on-chain governance vote, marks […]
The Alchemy Pay (ACH) price fell more than 8% in 24 hours as Bitcoin pulled back to $105k. ACH price is, however, struggling despite Alchemy Pay’s partnership with World Liberty Financial. Investors could see extended pain as the technical outlook favours another leg down. Alchemy Pay (ACH) price was down 8% in the past 24 hours despite Alchemy Pay striking a key partnership with Trump-backed World Liberty Financial. The altcoin’s drop alludes to sharp profit taking following recent gains that […]
The countdown has begun! Bitcoin Pepe, the latest meme coin sensation, is wrapping up its presale tomorrow (May 31st) – and if you’re not in it yet, chances are that you’re about to miss out on the next 100x opportunity. Bitcoin Pepe could emerge as the next big thing in the crypto world following its CEX listings as it’s more than just a run-of-the-mill meme coin. Instead, Bitcoin Pepe has already garnered massive community support on the back of innovation, […]
Toncoin price rose 13% in the past 24 hours to lead top gainers on Wednesday. Gains followed major news announcements by TON Foundation and another related to Telegram. TON price traded at $3.48 at the time of writing, while volume was at $745 million. Toncoin (TON) price caught the crypto market’s attention on Wednesday as it rose sharply amid broader market struggles for Bitcoin and top altcoins. With 13% in price gains in the past 24 hours, Toncoin ranked among […]
RWA functionality could enable tokenised treasuries and synthetic ETFs. Oracle model uses on-demand data for improved cost efficiency. Key price support at $168, resistance at $178.50; outlook cautious. Solana is facing renewed pressure in the market as its native token, SOL, has dropped to $172.67 at the time of writing, down 1.26% in the last 24 hours and 3.58% over the past week. Source: CoinMarketCap Despite posting a strong monthly gain of 16.05%, the recent pullback comes as traders reassess […]
Bybit opens European HQ in Vienna after securing Austria’s MiCA license. The MiCA license allows Bybit to serve all 29 European Economic Area countries. Bybit plans 100+ hires and collaboration with local universities in Vienna. Bybit is establishing its European headquarters in Vienna, Austria, following the successful acquisition of a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. The regulatory milestone, announced on May 29, signals the exchange’s firm commitment to compliance and positions it to offer […]
Key takeaways The Bitcoin Pepe presale will end in 31 hours, with exchange listing coming immediately afterward. The team has raised nearly $12.5 million to fund the development of its products. Altcoins underperform this week The cryptocurrency market looks to end this week bearish, with Bitcoin and other major cryptocurrencies currently in the red. Bitcoin has lost 2% of its value in the last 24 hours and now trades below $106k. Altcoins suffered huge losses, with most of them down […]
The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions, all US-based assets or interests tied to Funnull or Liu are blocked. The US government on Thursday imposed sanctions on Funnull Technology Inc, accusing the company of supporting widespread cryptocurrency scams that have defrauded American victims of more than $200 million. The Treasury Department’s Office of Foreign Assets Control (OFAC) […]
Binance applied a “seed tag” and launched futures trading with up to 75x leverage. On-chain TVL reached $20.28 million with DEX volume peaking at $47.44 million. A further 20% supply unlock is scheduled to begin in three months. Sophon’s utility token, SOPH, fell by 24.97% within 24 hours of its market debut on Binance and several other exchanges, shedding over $80 million from its market capitalisation. The steep decline followed a large-scale airdrop event in which 900 million tokens—9% of […]
Positive funding rates suggest long positions’ dominance. Exchange reserves fall by 50 million XRP, worth $114 million. Investors accumulate amid expectations of a price rebound. XRP’s price is under pressure, extending a two-week downtrend that has placed the token in a vulnerable spot. Yet, a deeper look at on-chain and derivatives market data reveals a contrasting trend. Traders are actively accumulating XRP, and institutional interest is gaining ground through futures contracts. With $223 million in open interest on CME within […]