Cryptocurrency markets’ low volatility: A curse or an opportunity?
    05 Jun 2023
    347 Views

    The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait? Cryptocurrency markets are well-known for their volatility, where large price swings help investors create or lose fortunes. Yet there are often periods of relative stability where the tight price action bores some…

    FTX debtors object to Genesis’ ‘critical’ claims estimate of ‘$0.00’
    04 Jun 2023
    256 Views

    The FTX debtors alleged that the claim was filed “without any advance notice,” and they were not invited to participate in the mediation. Just a month after bankrupt cryptocurrency exchange FTX sought $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that it is entitled to nothing. According to a…

    Atomic Wallet exploited, users report loss of entire portfolios
    04 Jun 2023
    299 Views

    Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished. Atomic Wallet has been apparently exploited, with users on Twitter reporting complete losses of their crypto portfolios. Atomic is a noncustodial-decentralized wallet, meaning users are responsible for assets stored in the application. “We have received reports…

    Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
    04 Jun 2023
    245 Views

    ETH use in DeFi is down due to an uptick in staking, but rapid growth in LSDfi could be a bull market catalyst. Ether’s DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building…

    US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
    03 Jun 2023
    285 Views

    The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto. Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a pathway to being labeled…

    Arbitrum price soars after DeFi whale address resumes ARB accumulation
    03 Jun 2023
    283 Views

    ARB’s price notched a double-digit gain after a popular DeFi whale address resumed buying the governance token, but is the rally sustainable? On June 2, the price of Arbitrum jumped alongside the top-ranking cryptocurrencies after the United States Senate voted to raise the debt limit. Why is the ARB price up today? The price of Arbitrum (ARB) rose…