BitMEX Users Seek 623 BTC in Liquidation Fraud Suit
BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral.On Thursday, BKX Services Inc. and David Namdar filed the complaint in…
Ethereum Faces Rising Risk of Pullback as Price Tests Key Resistance Near $1,920
TL;DR
Ethereum is trading near $1,920, testing the upper boundary of its price channel.
Previous encounters with this resistance have been followed by profit-taking and short-term corrections.
The Fund Market Premium remains…
SEC’s Peirce Warns Onchain Lending May Trigger Securities Laws
SEC Commissioner Hester Peirce said crypto vaults and onchain lending products may fall under US securities laws, urging developers to assess whether products that actively manage user assets require regulatory compliance.In a statement…
Balance Coin (BLC) Crashes 99% After 42DAO Suffers Exploit
Security researchers point to missing validation checks as the key factor that allowed liquidations to occur almost instantly.
Balance Coin (BLC) collapsed by over 99%…
Startale CEO Says Japan Must Connect Competing Yen Stablecoins or Risk Fragmentation
Key TakeawaysSota Watanabe urged Japan to cut the 55% tax rate on DeFi yields to keep local liquidity from moving offshore.The JBA seeks to build on Japan’s 20% spot crypto tax by extending separate taxation to staking and on-chain…
Ethereum price forecast: ETH eyes $2,000 breakout as ETF inflows boost momentum
Ethereum (ETH) has gained 8.8% in a week as…
Dogecoin (DOGE) Prints a Major Buy Signal: Big Pump on the Way?
The biggest meme coin, like many other leading cryptocurrencies, has been underperforming over the past several months, with its price down 73% on a yearly scale.
And while the bear market remains persistent and could linger a bit longer,…
Bitcoin, XRP left out – The S&P Digital Asset Index shows crypto’s biggest shift…
The market could be on the verge of its biggest divergence this cycle.
Pantera Capital, in partnership with S&P Dow Jones Indices, has launched the first-ever S&P Digital Asset Index, featuring a basket of 18 cryptocurrencies.…
CLARITY Act Could Help CFTC Deal with Prediction Markets: Lawyer
Lawmakers in the US House Committee on Agriculture’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a hearing on how the Commodity Futures Trading Commission (CFTC) could address oversight of prediction market…
Morpho Launches Fixed-Rate Lending Protocol on Base
Lending protocol Morpho has launched Morpho Midnight on Base, adding fixed-rate, fixed-term loans to its onchain credit network alongside the variable-rate markets offered through Morpho Blue. In an announcement sent to Cointelegraph,…