Is This Why Ondo Finance (ONDO) is Down 13% Today?
Ondo Finance, a U.S.-based issuer of tokenized securities, is suspected of selling 20 million ONDO tokens, resulting in a notable 13% decline in the currency’s price within a short timeframe.…
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Terraform Labs Files for Chapter 11 Bankruptcy in the US
The Singapore-based firm, which was behind the collapse of the TerraUSD stablecoin ecosystem in 2022, listed assets and liabilities in the range of $100 million to $500 million, according to…
Ethereum Remains the Dominant Blockchain for Developers: Report
Ethereum continues to be the number one blockchain among crypto developers, with more than 70% of new contract codes first deployed on the network, according to the latest report by…
Binance Labs Thrives Amidst Market Challenges with 25 New Investments in 2023
Despite a challenging market and waning trust in centralized crypto entities, Binance Labs disclosed 25 new investments in 2023. In the latest report, Binance Labs primarily focused on decentralized finance…
Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership
In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential…
Over 50% of Tokens Listed on CoinGecko Since 2014 Have ‘Died’
A recent study by CoinGecko reveals that over 50% of all cryptocurrencies listed on the platform since 2014 have met their demise. Of the 24,000+ cryptocurrencies listed on CoinGecko since…
Bitcoin Investor Demand Weakens in the US Post-ETF Approval: CryptoQuant
Roughly a week after the United States Securities and Exchange Commission (SEC) approved the first wave of spot Bitcoin exchange-traded funds (ETFs), BTC investor demand in the country has slumped.…
Here’s How Much the Crypto Market Grew in 2023: CoinGecko
Crypto market analysis platform CoinGecko has provided a breakdown of the industry’s growth in 2023 amid optimism and anticipation about several events this year, including the recent approval of spot…
USDC Wallet Growth Soars 59% Despite Headwinds: Circle
Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin –…
El Salvador’s Bitcoin Adoption Drops Significantly: Survey Reveals a 12% Usage Rate in 2023
El Salvador made history by becoming the first nation to embrace Bitcoin as a legal tender more than two years ago. Although the country’s financial outlook has seen positive developments,…
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