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Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower


After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...

LBank Announces Second Launchpad Project – MetaExpand (UMM)


PRESS RELEASE. Recently, market sentiment and expectations for the GameFi sector (also known as ‘X to Earn’) have soared again. LBank’s first Launchpad PINS (Chat to Earn) from last month has seen an increase of 1600% even in a bear market. According to the announcement, LBank...

Onecoin Co-founder Karl Sebastian Greenwood Sentenced to 20 Years in Prison


One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen...

Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merge


Nearly a year after Chandler Guo — the instigator of the Ethereum blockchain’s last hard fork — predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of...

Starfield’s Fast Travel Cheapens Space’s Impact


Starfield is a massive game. With hundreds of planets and solar systems to probe, Bethesda’s spacefaring RPG tasks you with traveling from galaxy to galaxy. Unfortunately, for all the space exploration the game has you doing, doing this by fast traveling amounts to a series of loading screens that...

21co Unwraps New Suite of Wrapped Cryptocurrencies 


21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different crypto networks. 21co...

#BitgetTurns5 – In Every Era, There Are Those That Look Towards the Stars


Bitget marked its 5th anniversary today, reflecting on a relentless journey of progress. In an open letter, Managing Director Gracy Chen credits the team’s dedication and users’ support for achievements, and shares some insights. Below are some key takeaways from the open letter: – Marathon...

What is Monero? A Brief History of the World’s Top Privacy Coin


Monero currently occupies the foremost position among privacy cryptocurrencies in terms of market capitalization. The following Learning and Insights explainer briefly delves into the origins and development of Monero (XMR), emphasizing its distinctive features, such as anonymous transactions...

2023: The Year AI Cryptos Soared, Then Faltered


At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto landscape has undergone a significant downturn. According...

Vitalik Buterin’s X Account Hacked to Promote Crypto Scam


The X account of Ethereum founder Vitalik Buterin has apparently suffered a breach by scammers spreading phishing links. The attack, which manifested itself in the form of a post offering free digital collectibles, has allegedly resulted in the loss of over $690,000 for those who fell for...

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