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Acala Network’s native stablecoin, aUSD, collapsed to zero on Sunday after hackers exploited a bug in a newly deployed liquidity pool to mint over 1.28 billion tokens out of thin air.Key...
Polkadot-based stablecoin Acala USD (aUSD) has almost recovered its 1:1 peg with the U.S. dollar after plummeting almost 99% following a liquidity pool exploit.Acala USD (aUSD) stablecoin has nearly...
Polygon and Fantom appear to be gaining traction for significant price movement.Key Takeaways MATIC has risen more than 13% over the weekend. Meanwhile, FTM has retraced roughly 4.4%. Both tokens look...
Ethereum options’ open interest (OI) rose to a new all-time high of $8 billion after Ethereum developers tentatively suggested that the date for the long-anticipated Merge may be Sept. 15. The...
OANDA Senior Market Analyst Craig Erlam discusses Bitcoin's recovery in recent weeks and assesses the rebound's sustainability.
It is demanding to build a sustainable bullish case for Bitcoin for as long it is trapped within a corrective price channel that resembles a bearish flag on the daily chart. Original Post
Ethereum's transition to Proof-of-Stake appears to be on schedule, strengthening ETH's price action.Key Takeaways Ethereum has risen more than 12.5% in the last 24 hours as speculation mounts. The...
Solana and Avalanche are showing early signs of exhaustion. Both assets could soon retrace.Key Takeaways Solana and Avalanche are trading below significant supply zones. Failing to overcome these...
Cardano and XRP are soaring as the market sentiment improves.Key Takeaways The market has reacted positively to July's U.S. Consumer Price Index report. ADA and XRP have risen by more than 4% over the...
The latest Consumer Price Index print for July has fallen below expectations of an 8.7% print, hinting that U.S. inflation may have peaked.Key Takeaways The U.S. Consumer Price Index data for July has...
Ripple wants to buy Celsius' assets, but Celsius has not responded to the matter.Key Takeaways According to statements from a Ripple representative, Ripple is exploring the possibility of buying...
With a hard fork of the Ethereum network being touted after its upcoming merge, several companies have offered support for the PoS layer.The upcoming merge of the Ethereum network, which will see it...
JP Morgan thinks that the crypto market bottom could be in, citing limited contagion effects from Terra’s implosion and renewed confidence in the market thanks to Ethereum’s upcoming move...
Bitcoin continues growing as a digital class. Will it become a risk-off asset?It took many years for Bitcoin to manifest what kind of asset it is. Since 2016, it became apparent that Bitcoin inversely...
Local demand remains substantial as Ukrainians continue to favor cryptocurrencies in the face of continued fights with Russia and its Central bank's crypto transaction ban.With the ongoing...