Low CPI print is fodder for Bitcoin to retest all-time highs — Grayscale research head
Bitcoin’s response to the CPI report was surprisingly muted.
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Crypto Derivatives Volume Just Hit a New Record High
Crypto derivatives monthly volume hit a new all-time high of $602 billion in May. 965 Total views 37 Total shares Crypto derivatives monthly volume increased by one-third in May to hit a new all-time high of $602 billion, according to U.K.-based data aggregator CryptoCompare.The new record is only just a shade past the previous record in…

‘I destroyed my life’: Uniswap trader spends $9,500 in fees on $120 transaction
An impatient Uniswap trader accidentally paid more than 23 Ether to execute a $120 trade on the decentralized exchange. 2492 Total views 21 Total shares A clumsy trader claims to have “destroyed” their life after inadvertently paying $9,500 in fees for a $120 transaction on the decentralized exchange (DEX) Uniswap.On Nov. 5, Reddit user ‘ProudBitcoiner’…

DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital
Polychain Capital has bet on a new DeFi exchange protocol looking to boost the adoption of stablecoins in DeFi. 3707 Total views 13 Total shares Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins.DFX raised more than $5 million in…

Web3 Domain Alliance expands with 51 new members
The Alliance said it aims to focus on consumer protection, preventing naming collisions, fair and open use of intellectual property in the industry, and interoperability of blockchain naming systems, among other topics. 54 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Web3 Domain Alliance, a member-led coalition…

BlackRock CEO: Crypto ETF Will Come When Industry Is ‘Legitimate’
The CEO of investment management corporation BlackRock, Larry Fink, does not see the company offering a cryptocurrency Exchange-Traded Fund (ETF) until the industry is “legitimate,” CNBC reported Nov. 1.BlackRock is a financial planning and investment management firm that currently has $6.28 trillion in assets under management, including equity, real estate, fixed income, and cash management.Speaking…

Multichain stops operations over lack of funds
The Multichain team said that the team’s funds and access to servers are currently with their CEO Zhaojun who is under Chinese police custody. 1760 Total views 17 Total shares Cross-chain router protocol Multichain has announced that it is "forced to cease operations" because of the lack of operational funds. The announcement follows a report…

Tether surpasses XRP by market cap again
But XRP isn’t competing with Tether. Tether (UDST), the world’s largest stablecoin by market capitalization, has again surpassed major altcoin XRP.On Sept. 1, Tether surpassed XRP as the third-largest cryptocurrency by market cap, becoming the second-largest altcoin after Ether (ETH).As of press time, USDT market cap accounts for more than $13.4 billion, according to data…

Half of stolen NFTs are sold within 3 hours: PeckShield
PeckShield reports that $2.27 million of NFTs were stolen in June, recording the lowest monthly figure for stolen NFTs in 2023. A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea. On July 3, PeckShield highlighted several data…