Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses.
In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy?
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance's meteoric growth.
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance's meteoric growth.
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth.
Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said.
Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down.
Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down.
The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.
Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours.
Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours.
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023.
Genesis claims Gemini made preferential transfers of about $689,302,00 from Genesis and wants the court to "correct this unfairness."
Genesis claims Gemini made preferential transfers of about $689,302,00 from Genesis and wants the court to "correct this unfairness."
Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%.
Bitcoin dominance. Source: Coinmarketcap.comHowever, a closer analysis suggests that the concept of "Bitcoin dominance" might not be as informative as it seems, especially when considering the broader dynamics of the cryptocurrency market.
The term "Bitcoin dominance" refers to BTC's share of the total market capitalization of all cryptocurrencies. While on the surface, it seems to reflect Bitcoin's market strength, this metric largely represents the trading activity between Bitcoin and Ether (ETH), the second-biggest cryptocurrency and the largest altcoin by market cap.
This dynamic can distort the perceived dominance of Bitcoin, especially when major shifts occur within the ETH/BTC trading pair.
Related: Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course?
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto "altcoins" should be in the same category at all that is.
Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust (GBTC).
Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing.
U.S. government agencies have spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange.
As hype builds for spot Bitcoin ETFs in the U.S., some are concerned the industry is moving away from the “core promise” of cryptocurrencies.
