The price of Ethereum’s native token ETH fell over the past 24 hours, while developers identified several bugs and traders started fearing the Merge could become a ‘sell the news’-type of event. On Friday at 09:10 UTC, ETH was down by 2.8% for the past 24 hours to a price of USD 1,661.
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The crypto exchange giant Binance will set up shop in South Korea’s “blockchain hub” city of Busan – and although the firm will not be opening a token trading platform in the nation as of yet, the company could help the city launch an exchange of its own…. Read More: Binance to Help South Korean City of Busan Launch a ‘Digital Assets Exchange’…
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Major decentralized finance (DeFi) platforms have seen a broad decline in the total value locked (TVL) over the past week, with only one top 10 protocol seeing growth. The fall in TVL came as prices of popular smart contract tokens like ethereum (ETH), solana (SOL), and BNB also fell sharply…. Read More: DeFi Platforms See Broad Weekly TVL Decline, One Protocol Stands Out…
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Bitcoin price accelerated lower below the USD 23,200 support. BTC traded below the USD 22,000 support zone and tested USD 21,000. It is currently (04:00 UTC) consolidating losses and facing many hurdles near USD 22,000. Similarly, most major altcoins are back in a bearish zone. ETH dived below the USD 1,750 and USD 1,650 support levels.
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FTX CEO Sam Bankman-Fried is the man of the moment in crypto as he has bailed out multiple insolvent companies. Some are calling him Atlas, some sarcastically calling him savior. Sam answers tough questions from Dan Roberts and Stacy Elliott on FTX’s bailout strategy, the controversial Voyager loan, his market outlook, marketing mistakes by crypto lenders, FTX competitors Binance and Coinbase, his political donations, and what he’s learned about management….
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Major crypto exchange Binance said it has frozen or recovered more than 83% of the Curve Finance (CRV) stolen funds. According to the exchange’s CEO, Changpeng ‘CZ’ Zhao, “Binance froze/recovered [USD] 450k of the Curve stolen funds, representing 83%+ of the hack. We are working with LE to return the funds to the users.
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Binance CEO today reported that the crypto exchange managed to recover roughly 83% of the funds stolen from Curve Finance on Monday….
Continue reading on https://decrypt.co/107309/crypto-exchange-binance-freezes-450000-curve-finance-hack
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The exchange said it would “evaluate” whether or not to list ETHW….
Continue reading on https://decrypt.co/107168/binance-not-ruling-out-support-ethereum-proof-of-work-fork
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Amid an investigation into WazirX, Binance and its CEO have continued to distance the firm from the India-based crypto exchange….
Continue reading on https://decrypt.co/107068/binance-shutters-off-chain-fund-transfer-path-wazirx-exchange
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