Latest Market News

Oct 03
Ichimoku Cloud Analysis 03.10.2022 (GBPUSD, NZDUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is no longer moving inside the bearish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.1105 and then resume moving upwards to reach 1.1855. Another signal in favour of a […]

Oct 03
Celsius founder reportedly withdrew $10M before bankruptcy filing: FT

The details of the withdrawal will reportedly be part of upcoming court filings, and it’s possible the founder and former CEO of the crypto platform could be forced to pay it back. 1532 Total views 10 Total shares Celsius Network founder and former CEO Alex Mashinsky allegedly withdrew $10 million from the crypto lending platform […]

Oct 03
Transit Swap ‘hacker’ returns 70% of $23M in stolen funds

The funds returned so far have come in the form of Ether, Binance-pegged ETH and BNB ($14.2 million). 801 Total views 34 Total shares A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap. The […]

Oct 03
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins

The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings. The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed. The […]

Oct 02
What is wrapped Ethereum (wETH) and how does it work?

Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects. As such, many decentralized applications (DApps), crypto wallets and exchanges natively support ERC-20 tokens. […]

Oct 02
Transit Swap loses over $21M due to code bug exploit, issues apology

“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million. 2127 Total views 60 Total shares Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract. […]