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Monero Price Suffers 17% Drop on Binance Delisting


Monero‘s price dropped as much as 17% on Tuesday after Binance said it would delist the privacy token from its platform. Binance delisted four tokens, including Aragon (ANT), Multichain (MULTI), Via (VAI), and Monero (XMR). The decision was a result of a routine assessment of standards...

South Korea ‘Blighted by Crypto-powered Drug Pollution’ – Report


South Korea’s crypto-powered drug trading epidemic is seeing the country become “polluted” with dead-dropped narcotics, a new report has claimed. Per Ilyo Shinmun, a 59-year-old man who was arrested for drug offenses told police that he had not bought the narcotics he was caught taking. Instead...

Bitcoin Ordinals Will Play a Pivotal Role in 2024 + More NFT News


This non-fungible token (NFT) day starts with a drop in the sales volume. It is down 10% over the past 24 hours to $31,192,652, according to CryptoSlam. NFT buyers are down 9% and sellers 5%. Transactions have also dropped by 5%. Among the top ten collections by sales volume, AINN BRC-20 NFTs...

Crypto VC Deals in 2023 Plunged 70% on Funding Constraints


Crypto venture capital (VC) funding dropped 70% in 2023, securing only about $10b in deal value. That’s a drop from nearly $32b in 2022, which had nearly 90% more deals. Galaxy Digital published a report Wednesday showing venture deal activity in the crypto sector last year. It revealed...

OKB Flash Crash Wipes Out $6.5B In Minutes, OKX Vows to Reimburse Traders


The OKB flash crash on the OKX exchange wiped out billions in market value within minutes before a swift rebound. Image by Dennis, Adobe Stock. In a major crash that shocked traders, the OKB price dropped over 50% within 15 minutes on January 23, wiping out $6.5 billion in diluted market...

Alameda Research Drops Lawsuit Against Grayscale Amid GBTC Outflows


Alameda Research Ltd., the hedge fund associated with the bankrupt cryptocurrency exchange FTX, has voluntarily dropped its lawsuit against Grayscale Investments amid GBTC outflows. According to court filings from January 22, Alameda opted out of suing Grayscale, its CEO Michael Sonnenshein,...

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