Stablecoin supply down below $125 billion as capital continues to leak from crypto
Key Takeaways The total supply of stablecoins has fallen every month since UST collapsed in May 2023 Last month saw another $1.7 billion of outflows, the total supply now 33%…
Hedera (HBAR) hits major milestone with 20 Billion transactions
Hedera (HBAR) has hit a record 20 billion mainnet transactions. HBAR price rose slightly on Tuesday. However it remains in a long-term downward trend at around $0.049 Hedera is celebrating…
BlockFi challenges FTX and Three Arrows Capital’s $5 billion recovery claims
FTX is attempting to collect funds that BlockFi withdrew from FTX.com and others paid as interest by Alameda. BlockFi has however described FTX’s investment as a “gamble” that BlockFi creditors…
Shiba Inu burn rate up 800%: 1.8 billion SHIB tokens burned
The Shiba Inu (SHIB) token has been on a bear trend following the unsuccessful Shibarium launch. SHIB’s value has dropped by 22.3% over the last seven days almost erasing all…
Crypto spot trading volume rose 16% to $575 billion in June: CCData
Spot trading volume across centralised exchanges rose 16.4% to $575 billion in June, the first time volumes rose in three months. Derivatives trading volume on CEXs also rose, with the…
Nvidia triggers $300 billion AI rally: Here’s why this is big for AltSignals (ASI)
Nvidia’s strong performance and forecast could boost further investment in AI projects. AltSignals presale is set to hit a key milestone as investors look to scoop ASI tokens early. The…
Binance.US terminates $1 billion deal for Voyager assets
Binance.US has reportedly terminated its deal for assets of Voyager Digital. The $1 billion deal had been approved by a US court. The price of VGX, the native Voyager token,…
Jump is the ‘US trading firm’ that made $1.28 billion off LUNA: report
Jump Crypto is reportedly the unidentified US trading firm” the SEC says helped re-peg TerraUSD in 2021. Terraform Labs and its CEO Do Kwon misrepresented the human effort as a…
SEC’s crypto-related penalties hit $2.6 billion in 2022
The SEC’s first crypto-related enforcement action was in July 2013. The agency has brought 127 such actions since, with 30 of these in 2022 representing a 50% increase from 2021.…
Half a billion dollars of short sellers liquidated in biggest crypto rally in 9 months
Key Takeaways The cryptocurrency market cap is back above $1 trillion following the biggest surge in 9 months Half a billion dollars of short sales were liquidated over the weekend,…