Market News – Page 10 – WORLD CRYPTO BUSINESS

Almost 8,000 Solana Wallets Drained in Suspected “Supply Chain” Exploit

[ad_1] Key Takeaways Thousands of Solana wallet users have been hacked in a suspected “supply chain” attack. The hack has impacted Phantom and Slope users. Some Ethereum TrustWallet users have reportedly been... Read more »

Polygon’s MATIC Has Lost a Vital Support Level

[ad_1] Key Takeaways Around 1.4 billion MATIC tokens were transferred from Polygon’s vesting contract Monday. The transaction was followed by a spike in selling pressure, pushing the token below critical support.  MATIC... Read more »

$190M Stolen From Nomad Bridge in “Frenzied Free-for-All” Hack

[ad_1] Share this article Thieves rushed to drain the bridge once news of the exploit surfaced. Unlike most other crypto hacks, stealing funds did not require in-depth programming knowledge.  $190M Lost in... Read more »

Filecoin the Latest Crypto to Soar in Market Bounce

[ad_1] Key Takeaways Filecoin has rallied over the past week. It’s up 19.4% on the day. The surge comes following a shift in sentiment in the crypto market despite growing macroeconomic tensions.... Read more »

Bitcoin Heads for Bullish Monthly Close

[ad_1] Key Takeaways Bitcoin surged by nearly 18% in July. As the monthly close approaches, several indicators point to bullish price action for the top crypto. Bitcoin needs to hold above $20,650... Read more »

Could Ethereum Be Classified as a Security Following the Merge?

[ad_1] Key Takeaways A recent SEC investigation into insider trading has revived debates over whether Ethereum could qualify as a security. Some have argued that ETH passes the Howey test due to... Read more »

Bitcoin, Ethereum Flip Bullish Despite Negative GDP Numbers

[ad_1] Key Takeaways Bitcoin and Ethereum have jumped more than 4% in the last six hours.  The upswing coincides with news that the U.S. economy contracted. BTC and ETH are now trading... Read more »

Is the NFT Boom Over? Trading Volumes Hit 12-Month Lows

[ad_1] Key Takeaways NFTs are struggling to maintain the parabolic growth they experienced during the bull market. OpenSea trading volumes have plummeted, dropping from $3.1 billion in May to $826 million in... Read more »

The Problem With the Latest Bitcoin Price Rally

[ad_1] Key Takeaways Bitcoin has soared by more than 26% since July 12.  On-chain data shows a spike in overleveraged traders while selling pressure surges.  BTC needs to hold above the $20,500... Read more »

How DeFi on Ethereum Is Evolving Through Crypto Winter

[ad_1] Key Takeaways DeFi has suffered in the crypto slump, but many staple projects are still building. The likes of Aave, MakerDAO, Uniswap, and Lido have all put forward experimental governance proposals... Read more »