Crypto payment service Payeer hit with record $10M fine in Lithuania
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.
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Binance overtakes Huobi, OKEx as biggest derivatives exchange
Overall trading volume was down on derivatives exchanges, but one day set a new yearly high. 848 Total views 19 Total shares Binance has overtaken Huobi and OKEx to become the largest crypto derivatives exchange by volume in the September figures with $164.8 billion across the month, according to the latest report published by U.K.-based…

DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s crypto trading: Hodler’s Digest, July 30 – Aug. 5
Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing broader contagion risks. This attack exposed vulnerabilities across DeFi projects and sparked efforts to recover stolen funds over the past few days,…

Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market. 761 Total views 6 Total shares The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of…

Buterin Says Ethereum’s Layer-Two Scaling Development ‘Basically’ Succeeded
Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete. 1189 Total views 72 Total shares Ethereum co-founder Vitalik Buterin said that the blockchain’s layer-two scaling initial deployment has “basically” succeeded.In a June 1 tweet, Buterin claimed that most of the initial work on Ethereum’s second-level scalability solutions is nearly…

Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
The bullish news comes months after the billionaire entrepreneur said DOGE was a better token to transact with than Bitcoin. 79 Total views 22 Total shares Dogecoin (DOGE) prices rose substantially Friday as Elon Musk announced that Tesla would start accepting it as payments for merchandise. Tesla merch buyable with Dogecoin— Elon Musk (@elonmusk) January 14, 2022…

Bakkt Bitcoin Futures Open Interest Hits New All-Time High of $6.54M
Bitcoin (BTC) futures open interest on digital asset platform Bakkt has hit a new all-time high.According to a Dec. 3 Twitter post published on Dec. 3 by Bakkt Volume Bot — a Twitter account dedicated to reporting Bakkt trading volumes — Monday’s open interest on Bakkt Bitcoin futures reached a new all-time high of $6.5…

Crypto hacks, scam losses reach $29M in December, lowest in 2024
Both CertiK and PeckShield shared data showing December was the lowest month of crypto losses in 2024.

XRP price holds above key trendline — Can whale accumulation push it to $3?
XRP (XRP) has been trapped within a tight range over the last eight days. The altcoin was trading just above its $2.00 support after a marketwide recovery over the weekend. Onchain and technical data now show that the XRP/USD pair is well-positioned for a breakout toward $3.00. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP whale accumulation