Market News – Page 14 – WORLD CRYPTO BUSINESS

Harmony’s Cross-Chain Bridge Exploited for $100M

[ad_1] Key Takeaways Harmony’s cross-chain bridge Horizon has been exploited for around $100 million in various tokens. The attacker has sold all stolen funds for Ethereum, but is to launder them through... Read more »

MATIC Gets Bullish Boost on Polygon Carbon Neutrality News

[ad_1] Key Takeaways Polygon has partnered with KlimaDAO to offset its carbon emissions. The blockchain startup retired $400,000 worth of carbon credits, equivalent to the MATIC network’s entire carbon debt since its... Read more »

Bitcoin Struggles to Rebound as Miner Capitulation Continues 

[ad_1] Key Takeaways Multiple reports indicate that Bitcoin miners are selling off more coins to cover the cost of their operations. Miners have sold an estimated $500 million worth of Bitcoin so... Read more »

Crypto.com Receives Regulatory Nod in Singapore

[ad_1] Key Takeaways The Monetary Authority of Singapore has granted in-principle approval to Crypto.com. The firm still needs to obtain a license to expand its payment services in the nation. Crypto.com’s Cronos... Read more »

Solend Community Votes to Backtrack on Whale Takeover Plot

[ad_1] Key Takeaways The Solend community has passed a proposal to invalidate an earlier plan to take over a whale’s account. Solend had urged users to vote on a proposal that suggested... Read more »

Bored Ape Yacht Club Ripoff Shoots Up Following Viral YouTube Video

[ad_1] Key Takeaways A BAYC derivative has seen its volume explode in the last two days following a viral YouTube video claiming the original collection is racist. YouTube influencer Phillion called on... Read more »

Which Projects Could Be Affected by 3AC’s Liquidity Crisis?

[ad_1] Key Takeaways Three Arrows Capital is facing a liquidity crisis due to the collapse of the crypto market. It’s believed that the firm could be facing bankruptcy as it struggles to... Read more »

Synthetix Surges 70% as Trading Volumes Explode

[ad_1] Key Takeaways Synthetix’s native utility and governance token SNX surged roughly 70% today after the DeFi platform became the third-largest protocol by trading fee consumption in crypto. The notable price surge... Read more »

One Week Later, TRON’s Terra Ripoff Is Still Worth Less Than a Dollar

[ad_1] Key Takeaways TRON’s USDD has extended its slide below $1. It’s been trading below peg for a week now. USDD briefly hit $0.93 over the weekend despite various interventions from the... Read more »

Crypto Market Plunges Below $1T Amid Inflation-Driven Selloff

[ad_1] Share this article The total cryptocurrency market cap has fallen below $1 trillion for the first time since January 2021.  Crypto in Crisis Crypto investors appear to be rushing for the... Read more »