Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Crypto Weekly Roundup: Trump Announces DeFi Project, Indonesian Exchange Hacked, & More
The week saw some interesting developments in crypto, with the UK proposing a bill recognizing digital assets as personal property, marking a notable step in regulatory efforts and Donald Trump announcing his DeFi project, World Liberty Financial. Let’s find out more. Bitcoin BlackRock, the world’s largest asset manager with over $9 trillion in assets, is positioning Bitcoin as a key tool in navigating growing global financial instability. Ethereum Ethereum Name Service (ENS) has integrated with PayPal and Venmo, enabling users…
9 months ago
BlockDAG’s Upcoming Exchange Listing vs Polygon & Dogecoin Price Dip
Dogecoin is grappling with a 4% price dip to $0.095, despite a 67% surge in trading volume. Polygon (MATIC) shows signs of life, with a spike in onchain activity hinting at a possible price reversal. In this somewhat shaky crypto weather, BlockDAG brings a breath of fresh air with two of the greatest soccer partnerships in the history of cryptocurrencies—Borussia Dortmund and Inter Milan. These blockbuster deals bring thousands of new holders to BlockDAG’s platform daily and supercharge its presale…
9 months ago
Complete Review of ChangeNOW Instant Cryptocurrency Exchange in 2024
As the crypto bull gears up for a roaring comeback, crypto users on the hunt for fast and reliable platforms are eager to ride the wave. Among the chatter, one name stands out: ChangeNOW, a crypto exchange known for zippy 5-minute transactions. What’s also cool is that users can stay updated on their crypto swap status in real-time, right on the platform's exchange page. But what else can this limitless exchange bring to the table? In the following review, we'll…
9 months ago
Binance Labs Invests in Blum: A Game-Changing Crypto Exchange on Telegram
The post Binance Labs Invests in Blum: A Game-Changing Crypto Exchange on Telegram appeared first on Coinpedia Fintech News Binance Labs, the venture capital arm of the biggest crypto exchange Binance has invested in a new project called Blum. Blum is a decentralized crypto exchange integrated into the Telegram platform. This investment by Binance Lab will help the platform in two ways. First, it will accelerate the development and growth of the platform and secondly, this will provide exposure to…
9 months ago
IndoDax Exchange Hacked, Millions in ETH and POL Stolen
IndoDax, one of Indonesia's largest cryptocurrency exchanges, has been hacked, resulting in the theft of over $20.5 million in digital assets across multiple blockchain networks. Cyvers Identifies Hack Indonesian cryptocurrency exchange IndoDax has fallen victim to one of the most significant security attacks on the platform to date, resulting in the theft of over $20.5 million in digital assets. Cyvers was the first to identify the breach after detecting a series of unusual transactions on IndoDax’s platform. Yosi Hammer from…
9 months ago
Get Ready for a Bull Run: Analysts See Huge Potential in Solana, DTX Exchange (DTX) and Ethereum
The post Get Ready for a Bull Run: Analysts See Huge Potential in Solana, DTX Exchange (DTX) and Ethereum appeared first on Coinpedia Fintech News In recent weeks, there has been some news that worries the crypto space. Notably, new US jobs in August did not increase as expected, with only 142,000 jobs instead of the 164,000 analysts thought. This has also made some waves in the crypto market as analysts now look for tokens with amazing growth potential that…
9 months ago
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ExchangeIndonesian Exchange Indodax Hacked for $20 Million
The post Indonesian Exchange Indodax Hacked for $20 Million appeared first on Coinpedia Fintech News Indodax, one of Indonesia’s largest cryptocurrency exchanges, got hacked for $20 million in assets. Following the theft, the hacker quickly converted most of the stolen funds into native cryptocurrencies. Currently, the hacker holds 5,584 ETH, worth $13 million over Ethereum and Optimism. Additionally, they possess 6.84 million POL (previously known as MATIC), worth $2.56 million on the Polygon network, 16.7 million TRX, worth $2.55 million…
9 months ago
Morph to Launch Centralized Exchange Coalition to Support Blockchain Projects and Developers
Singapore, Singapore, September 10th, 2024, Chainwire The coalition will consist of top centralized exchanges including Bitget, HTX, MEXC and Poloniex among others Morph, the global consumer layer for driving blockchain adoption for the mass markets, today announced the launch of the Morph Centralized Exchange Coalition, an initiative composed of top centralized exchanges (CEXs) to support promising blockchain projects and developers. The Morph Centralized Exchange Coalition will provide blockchain projects and developers with enhanced visibility within major exchange ecosystems, increasing market…
9 months ago
Ptiex.com — The Best Crypto Exchange to Trade in 2024
The post Ptiex.com — The Best Crypto Exchange to Trade in 2024 appeared first on Coinpedia Fintech News In the world of cryptocurrency exchanges, many platforms offer cryptocurrency trading and exchange services. Among giants like KuCoin, Coinbase, Kraken, and Bybit, Ptiex.com stands out for its innovative approaches and wide range of options for traders and investors. 1. Diversity of cryptocurrency assets: Ptiex.com provides its users with access to a wide selection of cryptocurrency assets for trading. This includes well-known cryptocurrencies…
9 months ago