ApeCoin, the Ethereum-based token linked to Yuga Labs’ namesake NFT collection, the Bored Ape Yacht Club, slipped on Sunday to a fresh all-time low. The token currently trades hands at $1.16, down 7% over the past day, according to CoinGecko. Over the past month, the simian-centered cryptocurrency has faced staunch headwinds as well, falling over 42% in the last 30…
BTC price weakness shows as Bitcoin analysts debate the likelihood of a return toward $20,000. Source: https://cointelegraph.com/app/public/index.php/news/double-top-5-things-to-know-bitcoin-this-week
A court filing on Monday revealed that failed crypto exchange FTX owns $1.16 billion worth of Solana (SOL) tokens – worth more than one-third of the company’s total $3.4 billion liquid crypto portfolio. Its next largest crypto stash, Bitcoin (BTC), is worth $560 million based on pricing as of August 31. Ether (ETH) comes in at a distant third worth…
A collaboration across decentralized finance (DeFi) developers is introducing a non-custodial liquidity markets on layer-2 network Base, promising to enable trustless smart contracts to automatically connect liquidity pools with borrowing strategies. Behind the initiative are developers from Seashell, RNG Labs, and Loreum Labs, along with advisers and collaborators from Ampleforth, Uniswap and other projects. The group built the Seamless Protocol,…
BTC price weakness shows as Bitcoin analysts debate the likelihood of a return toward $20,000. Source: https://cointelegraph.com/public/index.php/news/double-top-5-things-to-know-bitcoin-this-week
Binance regional markets head Richard Teng insists that, despite regulatory scrutiny, the company has no parallels to collapsed exchange FTX. Source: https://cointelegraph.com/public/index.php/news/binance-executive-denies-ftx-comparisonss
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (BTC), now trades at just 17% below BTC price parity. The latest data from monitoring resource CoinGlass confirms that as of Sep. 9, GBTC shares traded at 17.17% less than BTC/USD. GBTC retraces nearly two years of losses Bitcoin’s largest institutional investment vehicle, GBTC has seen its fortunes improve significantly since news…
Kei Oda is the head of Japan and the Asia-Pacific region for Quantstamp, a Web3 security firm that audits smart contracts and develops blockchain security solutions. Kei spent 16 years trading bonds at Goldman Sachs before stumbling into cryptocurrencies out of boredom. He tells Magazine he was induced by the ability to trade Bitcoin and other assets around the clock.…
Binance regional markets head Richard Teng insists that, despite regulatory scrutiny, the company has no parallels to collapsed exchange FTX. Source: https://cointelegraph.com/app/public/index.php/news/binance-executive-denies-ftx-comparisonss
Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors. According to an initial report from the Bangkok Post, Thailand’s Cyber Crime Investigation (CCIB) Bureau arrested four individuals from China and one from Laos for orchestrating a fraudulent investment scheme that duped more than 3,200 locals. The CCIB…
