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Michael 1709 posts

Base DEX Records Highest Daily Volume Ever at Over $1 Billion

Michael Mar 31, 2024
Coinbase's Ethereum layer-2 network, Base, is experiencing explosive growth on decentralized exchanges (DEXs). On March 30th, Base shattered its previous record…

Bitcoin on the Move? Exchange Balances Drop $10 Billion in 2024

Michael Mar 30, 2024
A significant exodus of Bitcoin is underway, with nearly $10 billion worth leaving crypto exchanges since the launch of US spot Bitcoin exchange-traded funds (ETFs)…

Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Collapse

Michael Mar 29, 2024
Disgraced crypto entrepreneur Sam Bankman-Fried, known as "SBF," received a 25-year prison sentence for his role in the FTX exchange collapse. On March 28th, a…

Automate Your Trades: Exploring Bitsgap’s Bots

Michael Mar 28, 2024
Automated trading bots are powerful tools in the crypto market, but choosing the best one can be tough due to many options. Bitsgap offers standout tools…

Vitalik Buterin Proposes New System to Decentralize Ethereum Staking

Michael Mar 28, 2024
Ethereum co-founder Vitalik Buterin is cooking up a way to strengthen the network's decentralization, a key security feature. His proposal focuses on penalizing…

Analyst Gives KuCoin Thumbs Up Despite Criminal Charges

Michael Mar 27, 2024
Cryptocurrency exchange KuCoin finds itself in hot water, facing criminal allegations from the US Department of Justice. However, a crypto analytics firm claims the…

Osmosis, dYdX, and Synthetix Top the Charts for DeFi Development Activity

Michael Mar 26, 2024
The landscape of decentralized finance (DeFi) development is heating up, with Osmosis taking the lead according to crypto intelligence platform Santiment. Data…

ParaSwap Recovers Stolen Crypto After Smart Contract Fix

Michael Mar 25, 2024
Cryptocurrency swapping platform ParaSwap has started returning recovered funds to users following a critical security issue in their recently launched smart…

Hospitality Worker Convicted in $2.5 Billion Bitcoin Money Laundering Case

Michael Mar 24, 2024
A hospitality worker in the UK has been found guilty of laundering money through Bitcoin in a landmark case. The verdict highlights the growing use of…

SEC Delays Decision on Grayscale Ether Futures ETF Approval

Michael Mar 23, 2024
The wait for Grayscale's Ethereum Futures ETF continues. The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on the product's approval…
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