The market for Humanity Protocol is trying to stabilise after the recent exploit event, though the broader sentiment is still cautious. The asset is facing heavy pressure. Moreover, the incident has sparked concerns about wallet security, asset custody, and risk management, and the investors closely monitor the recovery efforts. As
The crypto analytics company CryptoQuant suggests that Bitcoin’s price could be bottoming out about $53,600, while the experts at The DeFi Report are predicting that, despite the possibility of more drops, the current market circumstances are similar to purchasing opportunities during bear markets in the past. At the time of
Along with Bitcoin’s price drop to $62,000, on-chain activity has been poor and revenue for BTC miners have hit an all-time low. Given that Bitcoin is still controlled by miners and mining pools, which controls more than $110 billion, this income loss is making investors anxious about possible sell pressure. Just
Today, Orbs, the decentralized Layer-3 blockchain infrastructure dedicated to sophisticated on-chain trading, unveiled Orbs Institutional, a new offering that gives trading desks, OTC companies, treasuries, custodians, and financial platforms direct access to its on-chain execution infrastructure. The rollout expands upon technology that, since 2023, has handled over $2.5 billion in spot
The second of five significant exchange listings Playnance has scheduled for June alone is today’s debut of $GCOIN on BitMart. $GCOIN, which is already live on MEXC, was just launched on WEEX last week, and is actively traded on a DEX within the Playnance ecosystem, is rapidly increasing worldwide liquidity. $GCOIN
Three of Japan’s largest banks said they will jointly issue a stablecoin this financial year, which ends in March. Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC) and Mizuho Financial Group will establish a council to explore operational frameworks and prepare for the issuance of stablecoins, according to
Bitmine, an Ethereum treasury, amassed 126,971 ETH throughout the previous week. In its most recent report, the company detailed their $9.6 billion in assets, including 203 Bitcoin, 5.54 million Ethereum tokens (ETH) valued at $1,630 each, a $180 million investment in Beast Industries, a $88 million stake in Eightco Holdings,
According to Humanity Protocol, hackers were able to steal more than $36 million worth of H tokens, upgrade contracts, and gain control of bridges after compromising an employee’s laptop. On Tuesday, the protocol announced that the H token on Ethereum and BNB Chain was impacted by the assault that happened on
The Trump family’s USD1 stablecoin was delisted by HTX, an exchange associated with crypto entrepreneur Justin Sun, after claims that the addresses of the exchange were incorrectly frozen by World Liberty Financial. According to HTX’s statement on Saturday, the World Liberty Financial (WLFI) project team has unilaterally frozen some HTX
After non-profit developer Shielded Labs revealed a serious weakness in the blockchain’s Orchard privacy pool, which could have jeopardized the integrity of the token supply, Zcash (ZEC) fell 38% in 24 hours, speeding up the drop. Recent trading for ZEC has been around $361, with a low of $290, and the
