Pi Network founders stepped onto a stage in Seoul to remind the group of their long-game imaginative and prescient. Their debut got here even as the Pi Coin worth slid by greater than 50% in late September. Pi Network Founders Highlight Achievements Amid Ecosystem Expansion Nicolas Kokkalis (NK) and Chengdiao Fan (Cfan), co-founders of Pi…
The Bank of Korea (BOK) reports that South Korean traders’ complete crypto holdings have fallen by 27% in simply six months. Trading quantity and deposits additionally shrank throughout the identical interval, confirming a major slowdown in the home market. South Korea is classed as a market with a really high capability for spot cryptocurrency purchases…
In the Real-World Assets (RWA) market, Plume has shortly attracted greater than 50% of buyers. This success shouldn’t be merely a advertising story however displays a shift in how crypto buyers strategy RWA. According to a report from Tiger Research, the variety of RWA holders on Plume elevated from 167,000 in June to greater than…
Aster DEX has accomplished compensation for customers affected by irregular value actions in its XPL perpetual buying and selling pair. The decentralized alternate rose as an inadvertent market rival towards Hyperliquid, championed by Binance founder Changpeng Zhao, as the DEX runs on BNB Chain. Aster Compensates Traders After Abnormal XPL Price Fluctuation Incident Aster reassured…
The crypto market has erased almost all of its beneficial properties from early September, reversing its upward trajectory since late final week. This downturn has left analysts break up. Some argue it might mark the onset of a bear market, whereas others see it as a short-lived bear entice that would shortly give approach to…
The crypto market faces certainly one of its largest stress checks of the yr immediately as greater than $21 billion in Bitcoin and Ethereum choices expire immediately. With this marking the biggest quarter-end expiry of Q3, merchants are bracing for heightened volatility as max ache ranges converge with macro uncertainty and shifting liquidity. Over $21…
China has opened a digital yuan operations heart in Shanghai, advancing its central financial institution digital foreign money technique. The hub will handle cross-border fee networks, blockchain companies, and digital asset platforms. This initiative displays Beijing’s plan to internationalize the yuan and diversify international financial programs. Moreover, it actively seeks to cut back reliance on…
Ethereum (ETH) whales are capitalizing on falling costs as the second-largest cryptocurrency continues to pattern downward, breaking the important $4,000 degree. The decline has divided market sentiment. While some analysts warn of a looming bear market, others interpret the drop as a primary alternative for long-term accumulation. Whale Accumulation Rises Despite Ethereum’s Bearish Turn According…
Two Texas siblings have been federally charged after allegedly abducting a Minnesota household and stealing $8 million in cryptocurrency in the US. The incident has drawn nationwide consideration amid an increase in crimes involving digital property. Authorities say the brothers used weapons, coercion, and crypto data in a serious US kidnapping. Crime Sequence: Hostage and…
The US Bureau of Economic Analysis (BEA) posted a glowing GDP report in the present day, exhibiting 3.8% development in Q2 regardless of a brutal Q1. Despite this, crypto and TradFi markets alike have constantly fallen. Although high-profile economists and analysts are treating these figures severely, there may be rising skepticism in regards to the…