A Venus network user suffered massive losses after authorizing a malicious transaction. The perpetrator took seconds to drain vUSDT, BTCB, vETH, vXRP, and vUSDC. The native token plunged sharply after the news. While the crypto market displayed stability on Tuesday, XVS painted its daily chart red after news surfaced that a Venus Protocol user had encountered a sophisticated phishing scam, resulting in the loss of digital assets worth a whopping $27 million. What attracted attention is how the incident unfolded. […]
Ethena’s token ENA is up nearly double digits in 24 hours as bulls eye a breakout above $0.80. The token expects a major unlock event of 94 million ENA. Analysts say price could break out amid key fundamental strengths for Ethena. Ethena (ENA) price is up nearly 10% in the past 24 hours, despite the USDe stablecoin platform facing a huge token unlock. The price of Ethena at $0.69 signals a potential breakout if buyers drive sentiment post the over […]
Top US regulators have jointly cleared a path for spot crypto trading. The move is a stark reversal from the previous, more skeptical administration. Registered exchanges are now invited to engage with the SEC and CFTC. The floodgates to the heart of the American financial system have been thrown open. In a landmark and coordinated move, the nation’s top markets watchdogs have given their official blessing for registered trading platforms to deal in spot crypto assets, a stark and powerful […]
BTC spot demand strengthens as dense accumulation signals durable support. Coinbase and Binance flows hint at liquidity shifts fueling upside momentum. Bitcoin must clear $113,650 resistance to confirm breakout or risk $100K retest. Bitcoin’s (BTC) spot market is showing signs of a potential recovery, supported by on-chain data, exchange flows, and technical signals that point to strengthening buyer conviction. Analysts suggest the latest developments could set the stage for a bullish breakout, though caution remains given September’s historically weak seasonality […]
Figure aims to raise $526M in IPO, valuing the blockchain lender at $4.3B. IPO momentum grows as Gemini, Kraken, and Bullish drive the crypto listing wave. Figure shifts from lending roots to blockchain finance, boosting investor interest. Blockchain-focused lender Figure Technology Solutions is preparing to raise $526 million through its upcoming initial public offering (IPO), according to regulatory filings submitted Tuesday and reported by Bloomberg Law. The company intends to sell 21.5 million shares priced between $18 and $20 each, […]
Gemini plans Nasdaq listing under ticker GEMI with $317M raise. Winklevoss twins’ exchange pitches itself as regulation-friendly. IPO funds earmarked for tech upgrades, products, and debt reduction. Gemini, the crypto exchange built by Cameron and Tyler Winklevoss, is gearing up for a public debut. The firm is looking to raise around $317 million through its IPO, which would put its valuation close to $2.2 billion. The plan, outlined in fresh filings, calls for about 16.7 million shares to be sold […]
Key takeaways Binance’s BNB is down 1% despite other leading cryptocurrencies performing positively. The coin could retest the $820 low before rallying above $900. BNB stays above $850 as the market looks to recovery BNB, the native coin of the Binance ecosystem, is down less than 1% in the last 24 hours despite the broader market embarking on a mini recovery. Its poor performance means that BNB is still trading around $250 while BTC, SOL, BCH, and XRP move higher. […]
Key takeaways Bitcoin Cash is the best performer among the top 20 cryptocurrencies by market cap. The coin could hit $600 soon as the broader crypto market embarks on a recovery BCH hits $550 as market shows signs of recovery BCH, the native coin of the Bitcoin Cash blockchain, is the best performer among the top 20 cryptocurrencies by market cap in the last 24 hours. The coin rallied by 5% in the last 24 hours to cross the $550 […]
The crypto market is bracing for “Red September,” its historically worst month. The Crypto Fear and Greed Index has plummeted into the “fear” zone. Bitcoin is holding critical support around the 108,000 dollar level for now. A fragile and deceptive calm has settled over the cryptocurrency market as September begins, a quiet start to what history warns is the cruelest and most unforgiving month of the year. While prices are holding steady for now, a powerful undercurrent of fear is […]
World Liberty Financial (WLFI) price has dropped 20% after its debut despite strong trading volumes. Trump family is pushing WLFI token as the backbone of their new DeFi ecosystem. Unlock fears and governance doubts weigh on investor sentiment. World Liberty Financial’s WLFI token made its highly anticipated debut on major exchanges on September 1, pulling the crypto market’s spotlight squarely onto the Trump family’s DeFi venture. But while the launch generated enormous excitement, massive WLFI token unlocks and profit-taking quickly […]