Art NFTs became a hot topic in the Web3 industry during 2021 and 2022, experiencing a surge in popularity. That year, trading volumes peaked at $2.9 billion, fueled by record-breaking sales such as Beeple’s Everydays for $69.3 million. Fast forward to Q1 2025, and the market has nearly collapsed, with trading volume down 93% to […]
The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the […]
Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is […]
Unlike cryptocurrencies with prices moved by volatile global exchange markets online, stablecoins use similar techniques for security and trust, but as digital representations of currencies like the dollar and euro. They can provide efficient and low-cost payment rails for traditional central bank cash, but with some of the features and advantages of blockchain. So they […]
Ether’s (ETH) underperformance as an asset has continued to spark criticism and speculation in the crypto community, with many expressing their displeasure at the Ethereum network’s current trajectory. Quinn Thompson, founder of the discretionary macro hedge fund Lekker Capital, insists that ETH is now completely dead as an investment. While some analysts and market participants […]
HyperLiquid has announced a series of risk management improvements following a major incident involving its Hyperliquidity Provider (HLP) vault. As part of its response, HyperLiquid’s Foundation will refund users who held JELLY long positions at the time of settlement, using a closing price of $0.037555. This move is expected to ensure that all JELLY traders, […]
Chainlink (LINK) has been one of the worst-performing top assets on Thursday, having declined by over 8% in the last 24 hours. This can be attributed to profit-taking after a short-lived rally above $16 earlier this week. However, key stakeholders have added 8.3% more LINK to their wallets in just six months, which could lead […]
Terraform Labs has announced that the Crypto Loss Claims Portal will open on March 31, 2025, allowing affected investors to seek compensation for losses linked to the Terra USD (UST) token collapse. The company, which is winding down operations following its bankruptcy, stated that creditors must submit claims by April 30, 2025, to be considered […]
The cryptocurrency market may be struggling, but macro headwinds are not deterring investors from talking about digital assets on social media. According to a tweet by the market intelligence platform Santiment, topics that are driving crypto discussions across social media platforms today include liquidity, Solana, key opinion leaders (KOLs), holders, and the term “MCP.” Crypto […]
Prominent blockchain security firm PeckShield reported an exploit involving the GMX decentralized exchange (DEX), which has brought attention to vulnerabilities within the Abracadabra (Spell) ecosystem. The incident, tied to Abracadabra’s cauldrons – smart contracts that facilitate DeFi operations like lending, borrowing, and liquidity provision – led to the theft of approximately 6,260 Ethereum, worth roughly […]