Binance-backed BUSD circulating supply drops to less than $3B

The circulating supply of Binance USD (BUSD) has fallen to $2.8 billion, marking its lowest point since early 2021, when the stablecoin was still relatively new to the crypto market, according to... Read more »

Ripple files motion to block SEC appeal attempt

Ripple has filed a motion requesting the court to deny the SEC’s certification request for an immediate appeal of a recent court ruling that went against the regulator in its case against... Read more »

The savvy holder’s guide to NFT lending

Fuelled by early movers such as NFTfi and Blend, NFT lending is one of the hottest sectors in the crypto market, attracting outsize attention and funding. Everyone’s betting on the growth of... Read more »

FTX cold wallet moved almost $10M in altcoins to Ethereum since Aug. 31

A cold wallet owned by collapsed crypto exchange FTX moved almost $10 million in altcoins from Solana to Ethereum since Aug. 31 for undisclosed reasons, according to on-chain data. The altcoins include... Read more »

Navigating the significance of legal opinions in the crypto sphere

The need for legal clarity has become paramount in the ever-evolving landscape of cryptocurrency, where innovation meets regulation. The recent legal battles involving major crypto exchanges and regulatory authorities underscore the importance... Read more »

New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets

Newly discovered malware dubbed “Infamous Chisel” targets crypto wallets and other Android apps, according to a U.K. government report on Sept. 1. The U.K.’s National Cyber Security Centre (NCSC) said that the... Read more »

Bitwise makes surprise ETH and BTC Market Cap ETF application withdrawal

Bitwise Trust Fund has withdrawn its application for a Bitcoin and Ethereum Market Cap Weight Strategy exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC). Per its withdrawal statement, Bitwise... Read more »

Grayscale’s AUM soars after court win, but it faces stiff competition in ETF markets

The days since Grayscale’s critical court win against the SEC have seen the company face challenges and opportunities. On Aug. 29, a court ruled that the SEC must reconsider Grayscale’s application to... Read more »

Bitcoin futures show renewed confidence amidst price surge

Earlier this week, Bitcoin broke above the $27,000 barrier on the news about Grayscale’s court victory against the SEC. The decision marks a pivotal win for Grayscale and carries profound ramifications for... Read more »

Kinetix eyes GMX’s path, aims to revolutionize Kava Chain with perpetual swaps

GMX launched in early September 2021 as a decentralized perpetual exchange offering swaps and leverage trading and it made a big splash in the DeFi community. If you haven’t heard about GMX,... Read more »