The Arbitrum (ARB) token has seen a 20% price increase in the past week, as it continues to gain momentum. ARB is the native token of the Arbitrum network, a Layer-2 scaling solution for Ethereum. The protocol aims to improve transaction speed, scalability,…
Several major investment firms, including BlackRock, Fidelity, Invesco, and WisdomTree, have recently applied to launch their own Bitcoin Exchange-Traded Funds (ETFs). This has led experts to speculate about a “Great Accumulation” of Bitcoin. Valkyrie Investments, which already received approval for a Bitcoin futures…
Robinhood, a popular trading platform, has recently faced the need to adopt extreme measures in order to rescue itself from the consequences of delisting certain tokens. This move has left many users perplexed and frustrated. The decision to remove these tokens from the…
Liquidators representing Three Arrows Capital are seeking $1.3 billion from the co-founders, Su Zhu and Kyle Davies, alleging that they caused losses equivalent to this amount. The liquidators, partners at Teneo, claim that Zhu and Davies excessively leveraged the fund before its collapse.…
A decentralized finance (DeFi) project called Chibi Finance on the Arbitrum network has reportedly stolen over $1 million in users’ funds. The project’s team has deleted their social media accounts and official website, leading the community to suspect a rug pull, which is…
Binance, a popular cryptocurrency exchange, is currently dealing with significant challenges as it faces a lawsuit from the SEC. This has led to regulatory investigations in multiple countries and increased scrutiny on the exchange. Despite these difficulties, Binance is moving forward with innovative…
Bitcoin Cash (BCH) experienced a significant surge on Tuesday, reaching a one-year high. After starting the week at a low of $197.30, BCH/USD skyrocketed to an intraday peak of $236.64. This increase represented an 18% jump, taking the token to its highest point…
The price of Blur (BLUR) initially increased by 30% but has since retraced a significant portion of that increase. This increase may be attributed to UPbit Global exchange listing the token for trading. However, the price has not confirmed a bullish reversal as…
Chibi Finance, a yield farming optimizer on the Arbitrum network, has been involved in a major exit scam. CertiK, a blockchain security firm, confirmed that the developers behind Chibi Finance stole approximately $1 million worth of tokens. As a result, the price of…
