LidoDAO (LDO) has been making waves in the cryptocurrency market recently, with a 26% jump in price in just 7 days. The native crypto of the decentralized Ether staking platform Lido, LDO also serves as the governance token of the Lido decentralized autonomous organization (DAO). While some may think it’s too late to buy LidoDAO,
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The recent nullification of the Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US by the First District Court of Appeals in Florida has raised eyebrows in the financial and cryptocurrency communities. The ESO was initially put in place earlier this year, banning Binance.US from serving residents of Florida due to
The recent announcement by the Trump campaign to start accepting cryptocurrency donations has set a groundbreaking precedent in the realm of presidential campaigns. This move aligns with Trump’s larger agenda of prioritizing freedom over government control, as stated by the campaign. By allowing supporters to donate using various cryptocurrencies through Coinbase Commerce, the campaign aims
Bitcoin whales have displayed a strong bullish trend in the market, as they continue to capitalize on the price dips by buying significant amounts of BTC. The co-founder of Bitcoin-based company Apollo, Thomas Fahrer, made a stunning revelation about the rapid accumulation of Bitcoin tokens by these large investors. Despite smaller investors selling their holdings,
SEC Chairman, Gary Gensler, has recently expressed his strong opposition to the Financial Innovation and Technology for the 21st Century (FIT21) Act, which has been praised for its potential to bring regulatory clarity to the crypto industry. Gensler argues that the bill, if passed, would actually weaken the current consumer protections in the crypto market.
Uniswap Labs has recently come out with a bold and defiant response to the Securities and Exchange Commission’s (SEC) Wells notice, pushing back against the agency’s attempts to regulate decentralized finance (DeFi). In a blog post on May 20, the company stated that it firmly believes it is in the right and is ready to
The recent surge in popularity of Super Trump, a new Solana meme coin, has caught the attention of many investors in the DEX markets. Despite its initial success, Super Trump has experienced a significant retracement in price, currently trading at $0.0006, down 41% in the past 24 hours. This correction followed a rapid sell-off after
The recent surge in Bitcoin and Ethereum prices has led to short-term traders facing significant liquidations. Over the past 24 hours, more than $330 million has been liquidated from the crypto market, with the majority of these liquidations coming from short traders expecting prices to fall. This has resulted in over 78,000 crypto traders seeing
Peter Schiff, a well-known gold bug, has been vocal in his criticism of bitcoin for years. His latest warning came amidst a surge in the price of bitcoin, which surpassed $70,000. Schiff’s concerns were specifically directed towards the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission. The Impact of Spot
Gala Game, a Web3 gaming project, recently fell victim to an exploit orchestrated by an unknown attacker. This attacker, referred to as a compromised or rogue admin address, managed to mint a staggering 5 billion GALA tokens, equivalent to over $200 million. The security breach was quickly contained, and the affected wallet was promptly frozen.
