Binance trading volume increases by 72% despite market decline

Binance-trading-volume-increases-by-72_-despite-market-decline

The Surprising Dip in Derivatives Trading Volume on Major Exchanges in April by 1.4%. Binance, the king of centralized exchanges, saw a whopping 72% surge in futures trading last month. The Wu Blockchain team revealed that this explosive growth was sparked by Binance’s genius move of offering a limited-time discount on USDC perpetual contracts. Traders … Read more

After a tough weekend, Bitcoin starts climbing again

After-a-tough-weekend_-Bitcoin-starts-climbing-again

Bitcoin takes a tumble over the weekend, shedding 3.95% of its value and crashing to the $60,000 mark against the US dollar. Investors hold their breath as the once-stable cryptocurrency shows signs of volatility. The cryptocurrency market was buzzing with excitement this morning as the token made a strong comeback, signaling a bullish trend for … Read more

US Court Puts Freeze on 279 North Korean Linked Crypto Accounts

US Court Puts Freeze on 279 North Korean Linked Crypto Accounts

In a shocking turn of events, Justice Timothy Kelly has ordered the freezing and surrendering of several accounts to the U.S. government. Allegedly, these accounts are linked to the notorious North Korean crypto thefts. The exact sum of money involved has yet to be revealed, adding to the intrigue and mystery of this case. Dive … Read more

Chinese Authorities Nabbed Six in $300M Crypto Fraud Bust

Chinese Authorities Nabbed Six in 300M Crypto Fraud Bust

Six individuals have been taken into custody for their involvement in a massive cryptocurrency scandal, where they allegedly conducted illegal transactions worth a staggering 2.94 billion yuan, equivalent to a whopping $300 million. Cryptocurrency Scam Uncovered in Northeast China! The Public Security Bureau of Panshi has apprehended a group of suspects for running an illegal … Read more

Ethereum co-founder Joseph Lubin charged with fraud, Details

Ethereum co-founder Joseph Lubin charged with fraud

Bombshell accusations have surfaced against Joseph Lubin, the mastermind behind Ethereum and ConsenSys. In a shocking twist, he has been accused of participating in deceitful schemes that could rival those of notorious scammer Bernie Madoff. The damning allegations, revealed by a mysterious group known as “TruthLabs,” allege that Lubin has been involved in fraudulent Bitcoin … Read more

Zilliqa restores blockchain after block generation failures

Zilliqa restores blockchain after block generation failures

The team is working tirelessly to keep a watchful eye on the network’s stability and uncover the source of the recent outages. As word spread of the network’s revival, the value of Zilliqa’s native token, ZIL, took a sharp dive. According to CoinMarketCap, the coin plummeted by 1.8% in just 24 hours. But amidst the … Read more

Binance Bribery Allegations Could Hinder Foreign Investment in the Nation

Binance Bribery Allegations Could Hinder Foreign Investment in the Nation

In a stunning revelation, Binance CEO Richard Teng has come forward to claim that his executives, Tigran Gambaryan and Nadeem Anjarwalla, were targeted by individuals seeking a hefty cryptocurrency bribe. This shocking incident allegedly occurred before their arrest in Nigeria on February 28, 2024. The crypto community is left reeling as more details of this … Read more

Bitcoin On-Chain Slump: Price Stability Amidst Activity Dip

Bitcoin On-Chain Slump Price Stability Amidst Activity Dip

Bitcoin’s (BTC) network is experiencing a dramatic decrease in activity, with traders noticeably reducing their transaction pace in the past two months since the cryptocurrency hit its record-breaking peak. The hidden patterns within the world of cryptocurrency, data analytics firm Santiment has shed light on a surprising trend: a decrease in on-chain activity on the … Read more

Crypto Weekly Roundup: Trump Dabbles in Crypto, Institutions Dive into ETF and More

Crypto Weekly Roundup

As the SEC continues to delay their decision on Ethereum ETF applications, the anticipation only grows. Each week brings new speculation and excitement, wondering if this will be the week the SEC finally makes a move. Yet, despite the uncertainty, institutional investors are boldly jumping into ETF projects, undeterred by the regulatory indecision. Bitcoin Amidst … Read more

Unraveling PolkaDot ($DOT) Prices: Riding the Bearish Tide

Unraveling PolkaDot ( DOT) Prices Riding the Bearish Tide

Despite a strong start, Polkadot’s ($DOT) bullish streak was short-lived as it failed to sustain its upward climb, leaving it to trade below $7 once again. Despite a strong start last week, with a steady price above $7, $DOT has hit a roadblock and is now plummeting in the red as of Friday, May 10. … Read more