Paxos Settles with NYDFS for $48.5 Million
The New York Department of Financial Services (NYDFS) reached a $48.5 million settlement with crypto infrastructure company Paxos over its partnership with the…
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Ethereum Can’t Break $4K? ETH Price Discovery is Close, Says Analyst
Key takeaways:Capital rotation favors Ether as “Hot Capital Ratio” hits a yearly low for Solana.ETH futures dominance grows with open interest hitting $58…
XRP hits $3, Lawyer predicts SEC appeal dismissal by Aug. 15
XRP, the world’s third-largest cryptocurrency by market cap, surged past $3 for the first time in over a week amid rising speculation that the US Securities and…
Hyperliquid tops $319B July volume, a Record for any DeFi Perp DEX
Trading volume on decentralized exchange Hyperliquid surged to a new monthly all-time high in July, marking a record for decentralized finance (DeFi) perpetual…
XRP Whales Offload $1.9B Putting Price at Risk of Drop Toward $2
Key takeaways:In the past month, XRP whales have offloaded 640 million tokens, or $1.91 billion.Bearish divergence on the chart hints at weakening momentum.XRP…
BOB Uses Hybrid Chain Model to Bridge Ethereum and Bitcoin
Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest…
Aave Users Targeted by Google Ads Phishing Scam After $60B Milestone
Soon after decentralized liquidity protocol Aave announced it had surpassed $60 billion in net deposits, scammers launched a phishing campaign targeting Aave…
Crypto Trading Bot Scam Nabs Victims via YouTube
Bad actors are using aged YouTube accounts to give authenticity to advertisements of a crypto trading bot that conceals a smart contract designed to drain crypto,…
Crypto Market Price Bump Pushes Crypto Sentiment To ‘Greed’
Sentiment among crypto market participants has again turned bullish following a modest price increase in several major cryptocurrencies over the past 24 hours.The…
South Korea’s KakaoBank Plans Stablecoin Services: Report
The banking arm of South Korean IT giant Kakao Corporation is reportedly ramping up plans to offer stablecoin services amid a regulatory shift in the country…