SIREN – Why its 11% surge could be the end of its month-long price rally
The memecoin market is declining, losing about 3% in the last 24 hours. However, Siren’s price was up by 11%. Its daily trading volume was up 159%, hitting $49 million – More than 12% of its total market cap.
The rally came as capital…
Democrats Promise to Oversee Reported DOJ Probe Into Binance
A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance.Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego…
DeFi User Loses $50M in Crypto Swap Gone Wrong
A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or MEV, bot also front-running the transaction to make almost $10 million.A recently funded wallet from…
What Is Solana’s Alpenglow Upgrade? New Consensus Could Deliver 150ms Transaction Finality
Solana’s next major protocol overhaul is edging closer to reality, and developers say it could dramatically reduce transaction confirmation times while simplifying the network’s core mechanics. Solana’s Alpenglow Upgrade Targets…
Ethereum’s Adoption Paradox: More Users, Lower Prices
Ethereum is seeing a growing divergence between the level of activity on the network and spot prices, suggesting that transactional activity alone isn’t driving demand for Ether.Ethereum network activity has been reaching record highs,…
XRP Is Forming a Chart Pattern That Last Led to a 1,500% Price Rally
XRP’s (XRP) weekly price chart is starting to resemble a technical pattern that previously marked a major cycle low and preceded a sharp upside reversal.Key takeaways:XRP's weekly chart fractal resembles the 2017 cycle low before a 1,577%…
Is the crypto market ‘more resilient?’ Coinbase says so after Bitcoin’s 87%…
Since the U.S.-Israel war with Iran began in late February, Bitcoin has traded in a tight range of $65K-$73K. The resilience has extended to Ethereum and the broader altcoin market as the war drags on.
Commenting on the same in their…
Babylon, Ledger Integration Expands Bitcoin Vault Access
Bitcoin staking infrastructure developer Babylon Labs has integrated with Ledger, a cryptocurrency hardware wallet maker, in a move that could make it easier for holders to put their Bitcoin (BTC) to work in financial applications without…
Aave-Linked Capo Oracle Glitch Triggered $27 Million in Liquidations
A configuration error in a risk-oracle system used by crypto lending platform Aave triggered the liquidation of about $27 million in wrapped staked Ether (wstETH) positions, prompting the protocol to move to compensate affected users.In a…
Wells Fargo Files Trademark for ‘WFUSD’ Crypto Services Platform
US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payments and blockchain software services.A filing submitted to the US Patent and Trademark Office (USPTO) on Tuesday seeks…