Crypto News

On-chain analysis reportedly found limited holdings of major assets, raising concerns about the exchange's liquidity. ZachXBT says AscendEX users are experiencing…
Read More...

Base, the blockchain backed by crypto exchange Coinbase, has returned online after the network suffered nearly a two-hour outage due to a consensus issue that halted block production.Base posted to X on Thursday after the outage that the…
Read More...

South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas.In a Thursday notice, the country's Personal…
Read More...

For the past two cycles, Bitcoin DeFi has lived more as a promise than a category.Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive…
Read More...

Key TakeawaysBase mainnet block production stalled for nearly 2 hours on June 25 after block #47,806,542 caused a consensus failure.Coinbase’s Base team confirmed all funds are safe, with sequencing restored by 17:51 UTC and monitoring…
Read More...

Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are…
Read More...

The team said that funding gaps made the project unsustainable despite the early support it received during launch. Strobe Finance, the only native decentralized lending…
Read More...

Bitcoin could fall further and faster if a large stack of long positions gets liquidated just below current prices, warns one analyst. Analyst ‘Reflection’ warned of a…
Read More...

Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA)…
Read More...

A group of law enforcement organizations and a coalition of Catholic organizations have become the latest two groups urging caution over the US CLARITY Act, which is heading for a key hearing in July.  In letters sent Tuesday, four law…
Read More...