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Search Results for: Ethereum

CoinDCX’s October 2023 PoR Report Reveals Strong Crypto Holdings

CoinDCX, India’s leading cryptocurrency exchange, has once again demonstrated its commitment to transparency and accountability by releasing its third consecutive quarterly Proof of Reserves (PoR) report. This latest report, for October 2023, follows the release of their first PoR report in December 2022. The PoR report provides a comprehensive overview

October 31, 2023 1 min read

Bitget Crypto Exchange Delists Floki’s TokenFi Amidst Controversy

Bitget, a prominent cryptocurrency exchange, has recently stirred up the market by deciding to delist TokenFi, a new venture by the popular meme coin Floki Inu. Floki , known for its association with the meme token space, has introduced TokenFi, a tokenization platform, along with its native asset TOKEN. This

October 31, 2023 2 mins read

Kenya’s Digital ID System All Set for Launch in December 2023

After a few months of testing, the Kenyan government intends to implement its digital identity system in December 2023. The Kenyan president, William Ruto, was quoted on October 30 by local media for his remarks made at the East Africa Device Assembly Kenya factory in Athi River. Citizens of Kenya

October 31, 2023 2 mins read

Team Unibot Exploited by Hacker of $560k Worth of Tokens

Recent information suggests that the trading bot Team Unibot has been exploited. This bot allows DeFi users to purchase and sell tokens on Uniswap V3 without ever leaving their Telegram applications. In addition, the hacker seems to have traded meme coins from Unibot users for ETH. The tokens exploited are

October 31, 2023 2 mins read

dYdX Foundation Launches Open-sourced Bridge User Interface Software

With delight, the dYdX Foundation announces the open-sourcing of software for a Bridge User Interface. If implemented, this interface might let users convert from ethDYDX to DYDX, which is the layer 1 (L1) token of the dYdX Chain. The dYdX Ecosystem has lately seen three noteworthy developments: The dYdX Operations

October 31, 2023 2 mins read

What is the Hype Behind the Memecoin (MEME)?

The year 2023 has been a thrilling ride for the cryptocurrency market, and one of the standout moments has been the meteoric rise of memecoins. Leading players like Dogecoin, Shiba Inu, and Floki captured the limelight, and new entrants like Pepe made waves. As we examine the memecoin space, it

October 30, 2023 2 mins read

CME Climbs To Second Spot as Top Bitcoin Futures Exchange

When comparing the early stages of the 2020-21 bull run to the present, the rise in the Chicago Mercantile Exchange’s (CME) open interest in bitcoin (BTC) futures and perpetual futures mirrors that of the first few months of the latter year. According to Coinglass, CME has risen from fourth place

October 30, 2023 1 min read

SIT Operations Lead To Arrest of Key Suspect in Crypto Scam in India

On Sunday, the Special Investigation Team (SIT) investigating the alleged multi-crore crypto fraud executed searches at 41 different sites in Himachal Pradesh, India and detained one of the major suspects, Abhishek Sharma. Abhishek, a native of the Una district in Himachal Pradesh, is believed to have been one of the

October 30, 2023 1 min read

Benefits of Decentralized Exchange Aggregators. Which Ones Are the Best?

Modern cryptocurrency exchange aggregators have emerged due to the growing popularity and increasing use cases of digital currencies. These platforms provide specialized services that enable the exchange of cryptocurrencies for other coins or fiat money, similar to traditional online currency conversion points. The convenience and speed of cryptocurrency exchanges have

October 30, 2023 7 mins read