Binance Labs, the venture arm of popular cryptocurrency exchange Binance, recently made a significant investment of $5 million in Curve (CRV), the token associated with the decentralized stablecoin trading platform. This investment aims to provide essential support to Curve, especially in light of recent events that have affected the protocol. In this article, we will
Altcoins
Crypto users have recently observed unusual price fluctuations in Ripple’s XRP token on the Gemini crypto exchange. This phenomenon, described by many as a “price glitch,” has resulted in XRP’s displayed price surpassing $1 and even reaching $50 on one occasion. However, it is important to note that the current market price for XRP is
The price of Cardano (ADA) is at risk of experiencing a significant decline of over 20% in August. This potential drop is due to the formation of a classic technical pattern known as a “bump and run reversal” (BARR). The BARR pattern occurs when excessive speculation drives the price of an asset higher, leading to
The latest figures on cryptocurrency asset flows for the week ending August 4 paint a rather bleak picture, with outflows amounting to $107 million. This negative trend has been persistent for three weeks now, totaling a staggering $134.8 million. Unsurprisingly, Bitcoin (BTC) played a significant role in this movement, accounting for $111 million in outflows
In a recent incident, the Twitter account of crypto-focused venture capital firm, Blockchain Capital, fell victim to scammers. On August 9th, the account made multiple posts enticing users with the promise of a token claim. These scammers directed unsuspecting users to a copycat website that closely resembled the original website of the venture capital firm.
A recent breakthrough by South Korean scientists has sent shockwaves through the scientific and crypto communities. They claim to have engineered a superconducting material called LK-99, which can function under ambient temperature and pressure. In essence, this means that electrical currents can flow without any resistance or energy loss. This remarkable achievement challenges the prevailing
Bitcoin (BTC) has been experiencing a period of consolidation for the past few days, with its market dominance dropping slightly from over 50% to 48%. This indicates a gradual shift in focus towards select altcoins that are showing signs of upward movement. However, the altcoin recovery is highly dependent on Bitcoin’s performance, and a sharp
EOS Network Foundation (ENF) founder and CEO, Yves La Rose, has announced that ENF is preparing a lawsuit against Block.one, the creator and original seller of EOS. The legal action stems from Block.one’s failure to fulfill its promise of investing $1 billion after raising $4.1 billion in 2018. According to La Rose, this breach of
Worldcoin (WLD) recently made its debut on mainstream cryptocurrency exchanges, and although it experienced a volatile start, its price has now stabilized. On July 29, the price of WLD saw a nearly 6% increase, reaching $2.35. However, it is important to note that the token is still down 70% from its peak price of $7.50
The WLD token has gained significant traction in the market and is now accessible through various channels. With its availability on both centralized exchanges (CEXs) and decentralized finance (DeFi) platforms, users have the freedom to choose the purchase option that best suits their needs. This article delves into the different avenues through which users can