Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
In October 2022, a Manhattan jury found cryptocurrency trader Avraham “Avi” Eisenberg guilty of masterminding a $110 million fraud operation that was directed towards Mango Markets, a decentralized finance (DeFi) system. Prosecutors claim that Eisenberg, using a fictitious identity, participated in market manipulation to raise the value of Mango’s token, MNGO, and associated contracts. In … Read more
As the price of Bitcoin dropped below $63,000 earlier this week, ardent Bitcoin holders contributed a record $1.7 billion worth of BTC to “accumulation” wallet addresses in a single day. According to the most recent data from CryptoQuant, almost 27,700 BTC, or $1.75 billion at current rates, were delivered to accumulating addresses in a single … Read more
In the middle of the bipartisan Lummis-Gillibrand Payment Stablecoin Act that was just introduced, well-known Ethereum [ETH] community member Ryan Berckmans provided an interesting viewpoint. “From what I’ve read so far, the bill is very bullish and gives Ethereum unprecedented legitimacy.”He continued,“As written, the new stablecoin bill could send ETH/BTC from today’s 29.92% to 40%+.” … Read more
A intriguing tendency among miners is emerging as the much awaited April 19 Bitcoin halving event draws near. In contrast to the pre-halving sell-offs that occurred prior to the 2020 and 2016 halvings, miners accumulate. Users Gathering Bitcoin One analyst writes in a post on X that the total amount of Bitcoin that miners have … Read more
Recent weeks have shown difficulty for Shiba Inu (SHIB) and DogWifHat (WIF) to gain traction, while new memecoins have produced enormous gains. A brand-new memecoin called Flying Monkey (FLYMONK), which debuted on Solana today, is expected to make significant gains in light of the recent declines in popularity of DogWifHat (WIF) and Shiba Inu (SHIB). … Read more
Due to regulatory pressure brought on by the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), XRP was unable to benefit from the 2024 cryptocurrency market boom and, despite multiple breakout attempts, was unable to achieve considerable growth. The price of XRP as of April 18 is currently trading at … Read more
PancakeSwap, a decentralized exchange on the Binance Smart Chain network renowned for its large user base and liquidity, has been taken over by $MANIA. The most recent developments are not to be taken lightly. When Bitcoin (BTC) dropped below $62,500, the value of other cryptocurrencies also decreased, thus eliminating whatever gains they may have made. … Read more
With a profound statement full of promise and optimism, CEO of the Cardano Foundation Frederik Gregaard said that the company is poised to usher in a new era of decentralized governance. Gregaard also mentioned that the entire constitution is on the way in a recent tweet, which underlines the imminent release of the interim constitution … Read more
Ondo’s founder Nathan Allman stated that introducing Ondo Finance’s products to Cosmos “will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments.” The asset issuance chain Noble has partnered with tokenized real-world asset (RWA) platform Ondo Finance (ONDO) to bring its tokenized U.S. Treasury services for the … Read more
Binance has transferred $1 billion from its Secure Asset Fund for Users (SAFU) to USD Coin (USDC), the stablecoin created by Circle. This means that the fund now accounts for about 3% of the stablecoin’s total supply that is in circulation. The SAFU was created in 2018 to reimburse users of Binance for unanticipated losses … Read more