In the world of cryptocurrency trading, the past 24 hours have been particularly brutal for short traders who were betting on prices dropping. Over $330 million has been liquidated from the market, with the majority of this coming from short positions. More than 78,000 traders have witnessed their positions being liquidated, resulting in massive losses.
Recently, Gala Game, a Web3 gaming project, fell victim to a security breach conducted by an unknown attacker. This attacker, believed to be a compromised or rogue admin address, managed to mint a staggering 5 Billion GALA tokens, equating to a value of over $200 million. The aftermath of this exploit led to the unauthorized
Polimec, a newly launched decentralized funding protocol on the Polkadot network, is set to revolutionize the way Web3 projects raise capital and issue tokens. Offering a transparent and regulatory-compliant environment, Polimec aims to connect investors and startups globally, fostering innovation in decentralized initiatives. Polimec enables emerging Web3 projects, particularly those focused on the Polkadot ecosystem,
Recent developments in the world of Spot Ethereum ETFs have sparked optimism among applicants. The Securities and Exchange Commission (SEC) has requested spot Ethereum ETF applicants to update their 19-b4 filings. This move has led to speculations that there might be a shift in the SEC’s stance on approving the pending applications. ETF analysts like
Fantasy football has taken the sports world by storm, captivating millions of fans around the globe. The rise of online platforms has made it easier for enthusiasts to showcase their knowledge and passion for the sport by creating virtual teams and competing against others. Among these platforms, Fanton Fantasy Football on Telegram has emerged as
Crypto experts are always on the lookout for the next big thing in the cryptocurrency market. With the recent rally in the market, fueled by the hopes of the SEC approving spot Ethereum ETFs, the demand for new and exciting projects has never been higher. This has led many experts to turn their attention to
Ethereum, the second-largest cryptocurrency by market capitalization, is currently facing a crucial moment as it hovers around a potential breakout. Prominent crypto analyst Jelle recently highlighted a falling wedge pattern on Ethereum’s chart, suggesting a possible bullish signal in technical analysis. This pattern comes as ETH reclaimed its 100-day Exponential Moving Average (EMA), reinforcing the
The resurgence of retail investors in Ethereum meme coin markets marks a notable shift in market dynamics, especially after months dominated by Solana meme coins. This shift can be attributed to the decline in ETH gas fees post Dencun upgrade, leading to improved Ethereum activity and renewed interest in ERC-20 meme coins. The recent uptick
Recently, there has been a notable change in leadership at the world’s largest Bitcoin ETF, Grayscale. Michael Sonnhenshein, the CEO, has decided to step down from his position, as announced in a company press release on Monday. He will be succeeded by Peter Mintzberg, who currently holds the role of the global head of strategy
Bitcoin, the world’s largest cryptocurrency, is showing signs of a potential bullish rally as indicated by a unique technical pattern known as the Stablecoin Supply Ratio (SSR) Oscillator. This metric measures the market sentiment by comparing the supply of stablecoins to Bitcoin, providing insights into buying and selling opportunities for traders and analysts. The SSR
