Author: Digicoinvision
The Series A funding round, led by Dragonfly, will enable Agora to accelerate the development of its stablecoin infrastructure, which is designed to support upcoming decentralized finance applications for issuing and managing stablecoins seamlessly. Agora Secures $50 Million in Series A Round to Develop Stablecoin Solutions Stablecoins are rising in popularity as part of the […]
The attacker who exploited the GMX v1 decentralized exchange (DEX) and stole $40 million in crypto began returning the stolen funds after sending an onchain message promising to return the crypto. In an onchain message flagged by blockchain security firm PeckShield, the hacker wrote that the funds will be returned. “Ok, funds will be returned later,” the exploiter wrote in an onchain message, accepting the bounty offered by the GMX team. Hacker begins returning stolen cryptoAlmost an hour later, the hacker started returning the crypto stolen from the attack. At the time of writing, the address labeled GMX Exploiter 2 had returned…
Lawmakers in Washington are gearing up to pass three bills for the blockchain industry in an event they have dubbed “crypto week.” The US Congress has been working on legislation that the crypto industry lobby says will help bring clarity to the industry and help it grow, primarily through two laws governing stablecoins and creating a crypto market structure. Congress is also considering a law preventing the creation of a central bank digital currency (CBDC).Crypto has found support on both sides of the aisle, with Democratic and Republican lawmakers each making a number of amendments to the bills under consideration.…
Ethereum’s daily futures trading volume exceeded Bitcoin’s for the first time on July 10, a landmark development that coincided with the asset’s price testing the $3,000 level.The technical flip in the derivatives market indicates a potential shift in trader sentiment and capital allocation, lending credence to narratives of a changing market structure.Data from Glassnode showed that 24-hour Ethereum futures volume reached $62.1 billion, surpassing Bitcoin’s $61.7 billion. The ratio of ETH to BTC futures volume surged past parity, demonstrating that traders are, for the first time, speculating on and hedging with Ethereum at a scale comparable to Bitcoin.Crypto futures volume…
The leading altcoin Ethereum is trading near the resistance at $3,0000, and this is significant. It shows that market players, especially institutional investors, whales, and traders, are making huge bets on the long-term potential of the second-largest cryptocurrency. Record Futures Volume Fuel Ethereum’s Bullish Momentum The technical indicators of ETH are quite positive, the volume of transactions is very high, and the capital flows are huge due to the interest from traditional finance. BlackRock, the biggest asset manager in the world, is leading this revived interest. The company recently carried out a $300.9 million Ethereum purchase, which marked its…
Longtime Bitcoin critic and gold advocate Peter Schiff said the latest BTC rally may be a selling opportunity for investors to buy silver instead. “With Bitcoin hitting new highs today (in dollars), it’s a great time to sell some and buy silver ahead of silver’s next big leg up,” Schiff said in a Thursday X post as Bitcoin (BTC) put on its moon boots again and set new highs above $112,000.He claimed that silver has more upside potential than Bitcoin and added that while BTC “can easily crash, silver’s downside seems very limited.”Arthur Hayes, co-founder of BitMEX, also weighed in…
Join Our Telegram channel to stay up to date on breaking news coverage Ethereum core developer Barnabé Monnot has proposed that the network’s block time be slashed in half ahead of the Glamsterdam fork slated for 2026. In the Ethereum Improvement Proposal (EIP) 7782 discussed on June 21, the developer floated the idea of decreasing block times from 12 seconds to 6 seconds by adjusting the timing of various blockchain operations. Reduced Block Times Will Up “Service Price” Monnot said that reducing the amount of time it takes for a new block to get added to the network will increase…
Bitcoin traded in a tight band between $117,705 and $118,091 over the last hour, as bullish momentum continues to ripple through the crypto market. The leading cryptocurrency holds a market cap of $2.34 trillion, with 24-hour trading volume at $81.33 billion and an intraday price range between $110,768 and $118,839, highlighting a broad and volatile […]
The Mekong devnet was meant to be a playground for wallet developers to experiment with UX changes and for stakers to gain confidence in the upcoming Pectra changes. The Pectra network upgrade has been activated on the Ethereum Sepolia and Holesky testnets. These networks can now be used to test the Pectra upgrade features. In light of this, we’d like to announce the deprecation of the Mekong testnet on 7th March, 2025. Application and tooling developers are encouraged to use Sepolia to test applications, smart contracts, and other EVM functionality. Its permissioned validator set provides a stable test environment. Alternatively,…
The crypto market has witnessed significant growth again amid the broader bull run. In this respect, the total crypto market capitalization has touched $3.64T after a 4.93% increase over the past 24 hours. In addition to this, the 24-hour crypto volume has also seen a 47.40% upsurge to reach the $206.7B mark. Concurrently, the crypto Fear & Greed index has entered the “Greed” zone, accounting for 67 points. Bitcoin Sets Latest ATH above $117K and Ethereum Surges by 7.75% The flagship crypto asset, Bitcoin ($BTC), is currently trading at $117,511.65, which is its new all-time high. This price level highlights…