Massive XRP Transaction Sparks Speculation of Possible Selloff

An anonymous investor has recently moved a massive amount of Ripple (XRP) tokens worth around $14.9 million into Bitstamp. This has sparked speculation within the crypto community and analysts, with some asking if the tokens will be dumped.Researcher @cryptoiz_IDN suggests that this could signal an influx of ‘whale’ investors entering the crypto market. This is […]

Binance Restricts Russian Users to Ruble Trading on P2P Platform

Binance, the world’s largest cryptocurrency exchange, has announced new trading conditions for its Russian user base on its peer-to-peer platform. Russian users are now restricted to using only the Russian ruble for transactions on the platform. Additionally, Russian nationals residing outside the country are now barred from accessing key global currencies, such as the euro, […]

Sonik Coin Presale Gathers Momentum Ahead of Uniswap Listing

Sonik Coin (SONIK) is a new meme token that is gaining significant investor attention, with many believing it could be the next viral project to explode. The token’s presale has already raised over $620,000 in funding, with tokens priced at just $0.000014. The token’s built-in staking protocol offers yields of up to 107% per year […]

Team Behind Pepe Memecoin Issues Statement After Large Transfer of Coins

Pepe, the memecoin that has taken crypto markets by storm this year, has recently experienced a large transfer of coins that has caused a price correction. According to a statement from the Pepe community leader, all founding members except one anonymous entity have sold their stake and abandoned the project. The lone team member has […]

Balancer Vulnerability Leads to $164M TVL Drop

Balancer, an Ethereum-based decentralized exchange, has confirmed that its V2 pools were exploited for an undisclosed sum. The protocol revealed that its mitigation procedure was able to minimize the impact of the exploit, but users are advised to withdraw their funds from the affected pools to prevent further attacks.According to DeFillama data, Balancer’s Total Value […]

Binance P2P Restricts Russian Customers to Ruble Transactions

Binance, a cryptocurrency exchange, has recently imposed restrictions on its Russian customers on its peer-to-peer (P2P) trading platform. Russian customers are now only allowed to use the Russian ruble (RUB) on the platform, and must have the Russian Know-Your-Customer (KYC) verification and reside in Russia in order to use the currency. The announcement has caused […]

Launchpad XYZ Raises Over $1.4 Million in Presale as Wall Street Memes Launches High-Yield Staking Protocol

Wall Street Memes (WSM) and Launchpad XYZ (LPX) are two low-cap cryptos gaining traction recently. WSM and LPX are both in the midst of successful token presales, with LPX having raised over $1.4 million and offering a limited-time 20% bonus for presale participants. WSM and LPX have both attracted attention from the influencer community, with […]

Crypto Market Correction Abating, JPMorgan Analysis Suggests

Cryptocurrency markets have been experiencing a period of correction, but a recent analysis by JPMorgan Chase & Co. suggests that this phase is coming to an end. The liquidation of long positions within the crypto sphere has largely been settled, making significant drops in value less probable. Futures contracts for Bitcoin trading on the Chicago […]

Crypto Exchanges Exclude Sanctioned Russian Banks from Payment Options

At least two major crypto exchanges, ByBit and OKX, have followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on these exchanges. According to Russian media, local users can no longer receive fiat money in exchange […]

OnlyFans Dives Into Ethereum, Reaps Record Revenues in 2022

OnlyFans, the adult content giant, has made a daring shift into Ethereum, investing $19.889 million into the digital currency. Despite an impairment loss of $8.455 million, the platform still holds a carrying amount of $11.434 million. This move reflects a broader trend of global businesses investing in Ethereum, which currently trades at $1,643.71 and has […]