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Dogecoin Competitor Shiba Inu Erupts, Hitting $10,000,000,000 Market Cap As Bitcoin and Ethereum Tap Resistance

Capital in the crypto markets is shifting to meme coins as a new week kicks off. The Ethereum-based dog-themed crypto asset Shiba Inu (SHIB) soared 40% in the last 24-hours, briefly shattering a $10,000,000,000 market cap. The Dogecoin (DOGE) rival’s rise from $0.00001259 to as high as $0.00001762 comes just after Bitcoin and Ethereum tapped […]

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India’s Federal Agency ED Froze Crypto Exchange Vauld’s Assets Worth $4.6 Million

India’s Enforcement Directorate (ED) froze assets amounting to $46 Million belonging to Vauld which is a cryptocurrency exchange. In Vauld’s press release, the company stated that it disagreed with the claims made by ED on Vauld’s KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. These assets seized by the ED were found stored in […]

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Coinbase Warns Polygon (MATIC) and Other Scaling Solutions Pose a Threat to Ethereum (ETH) Price – Here’s Why

Crypto exchange Coinbase is analyzing the impact that scaling solutions could have on the Ethereum (ETH) blockchain. In a research report, Coinbase says that layer-2 scaling solutions (L2s) could cannibalize Ethereum’s revenue. “The future of L2s could very well be a zero-sum game, as whichever L2 houses the majority of decentralized applications could one day […]

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Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack

binance-ceo-says-exchange-recovered-$450-million-from-the-curve-finance-attack

Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of the Curve Finance Hack Funds, Domain Provider Says Exploit Was DNS More

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Altcoins

Founder of Crypto Exchange Giant Huobi in Talks To Sell His Shares for Over $1,000,000,000: Report

The founder of crypto exchange platform Huobi is reportedly looking to sell his shares of the Seychelles-based firm for a over billion dollars. According to a new report by Bloomberg, Huobi founder Leon Li is in talks with investors to sell about 60% of his stake in the company that’s seeking a valuation of $3 […]

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