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Binance Market Share Continues to Fall As Crypto Giant Loses Ground to Rivals


Binance, the world's largest cryptocurrency exchange, has seen a sharp drop in market share among non-dollar crypto exchanges. According to data by The Block, Binance's market share among a group of exchanges that includes major Asian players like Upbit, Huobi, Bybit, and OKX hit 54% in August...

MATIC Holds Still Above $0.50 As Renewed Chain Activity Attracts Bulls


Polygon (MATIC) has maintained its stance above $0.50 despite recent bearish pressure which some observers suggest could see the token fall below the support level.  At press time MATIC trades at $0.51 after recovering a slight decline below $0.50 this month. Despite this, MATIC holders have...

SDX Welcomes 6th Exchange To The Fold


Hypothekarbank Lenzburg, a prominent regional Swiss bank with assets exceeding $7 billion, has joined the Six Digital Exchange (SDX), becoming the sixth Swiss bank to do so.  In a Wednesday press release, SDX said it welcomes Hypothekarbank Lenzburg as a new member of its central securities...

HTX Hacker Makes Off With $8 Million


Crypto exchange HTX experienced a security breach over the weekend that resulted in the loss of $8 million worth of crypto assets. In a recent post on X (formerly Twitter), HTX stakeholder Justin Sun confirmed the news, detailing that the hacker managed to steal 5,000 ETH (worth around $8 million)...

Trader Joe Sends Grant Proposal to Arbitrum


Trader Joe, a major decentralized exchange (DEX) operating on the Avalanche (AVAX) blockchain, has applied for a 1.83 million ARB grant from Arbitrum DAO. In a recent announcement shared on X (previously Twitter), Trader Joe said it has submitted a "short-term incentive proposal to the Arbitrum...

Is Another US Government Shutdown on The Horizon?


Over the next week, the United States government faces the possibility of a shutdown as House Speaker Kevin McCarthy grapples with internal political pressures regarding spending plans.  The decision could also have adverse effects on the progress of crypto bills awaiting a vote, potentially...

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan


Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan. The initiative, set to take place next year, is made possible through a partnership with the trust banking arm of Mitsubishi UFJ Financial Group (MUFG), Takeshi Chino, the general manager...

Arbitrum Transfers $59 Million Worth of Unclaimed Tokens to Treasury


The Arbitrum Foundation has announced a transfer of 69 million unclaimed ARB tokens to the treasury six months after its airdrop in March. The tokens worth $59 million make up 0.69% of Arbitrum’s 10 billion total supply and according to reports, 7% of total airdrops remained unclaimed.  In March...

Chainlink Addresses Concerns as Users Spot Subtle Alterations to Multisig


Decentralized oracle network Chainlink (LINK) has responded to criticism regarding a recent alteration to the number of signers required on its multisig wallet.  The change, which reduced the required number of signatures from 4-of-9 to 4-of-8, sparked backlash from critics on social media...

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