Flash loans can be described as groundbreaking within decentralized finance (DeFi) space. They can be described as a peculiar financial instrument created due to the use of blockchain. These loans are revolutionizing how business transactions can be made. Flash loans are unlike typical loans which are unsecured, and the reimbursement happens simultaneously with the transaction…
[PRESS RELEASE – Seychelles, Seychelles, December 11th, 2024] BYDFi officially announced that the upgrade of the platform’s Perpetual Trading System has been completed. The upgrade not only improves core trading functionalities but also introduces three important functions of innovation and optimization, which comprehensively improve users’ trading flexibility and asset security. Details of the features are…
Bitcoin crashed nearly 10% below its all-time high of $104,088 to a low of $94,150 on Monday. The flash crash was short-lived, but it dragged down altcoins and meme coins like Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk.
XRP outperformed bitcoin and other major cryptocurrencies, with dogecoin (DOGE) leading losses in the past 24 hours before the release of U.S. inflation data later Wednesday. Bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) remained steady around $98,000, while ether (<a href=”https://www.coindesk.com/price/ethereum/ ” target=”_blank”>ETH</a>), BNB Chain’s bnb, and Cardano’s ADA fell by as much as 2%. Memecoin DOGE…
Amsterdam, Netherlands, December 11th, 2024, Chainwire Charity Investment Fund (CHIF), a blockchain platform driven by the desire to help charitable organisations, is poised to launch fairly to the crypto community soon. This blockchain-powered Fund aims to change the traditional donation paradigm by bridging the gap between investing and donating. What is Charity Investment Fund? Charity Investment…
Binance, the world’s largest cryptocurrency exchange, has announced the listing of Magic Eden (ME), a multi-chain NFT marketplace token. Trading will commence on December 10, 2024, at 15:00 UTC, introducing four new spot trading pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY. Users can now deposit ME in preparation for trading, while withdrawals will be enabled the…
While the altcoin season seems to be on hold, the same can not be said for the XRP price movement as Peter Brandt, a reputable Bitcoin trader, has found a Ripple (XRP) pattern that could deliver astounding profits. As the XRP price fluctuates, traders keenly observe the patterns that could signal the next big opportunity….
The digital som, Kyrgyzstan’s future national virtual currency, moved closer to reality with parliamentary approval of a draft law outlining its framework. Kyrgyzstan’s Parliament has approved a draft law defining the status and legal framework for the digital som, the…
Bad actors are deploying cryptocurrency-stealing malware using a sophisticated combination of fake X accounts and malicious Telegram bots. Web3 security firm ScamSniffer has warned of a new scam targeting cryptocurrency users by mimicking popular influencers in the space and draining…
Amid a highly turbulent crypto market witnessed lately, a Dogwifhat whale’s decision to offload nearly $3 million worth of tokens raised severe concerns among traders and investors globally. On-chain stats on Wednesday indicated that the whale moved millions of WIF to Coinbase, sparking bearish sentiments among investors amid a broader crash. Notably, WIF price tanked…
Subscribe to our weekly newsletter below and never miss the latest news.
