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Stablecoin Plunges 98% in 24 Hours, Sparks Rug Pull Allegations


Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged by more than 90% after rumors emerged that more than $20 million of collateral had been removed. According to Geckoterminal data, the value of the stablecoin, which normally trades at par with...

Bitcoin ETFs Pull in Nearly Half a Billion as Ethereum ETFs Join the Party


On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data...

Spot Bitcoin ETFs Add $105M as Ether ETFs Pull in $43M on Busy Trading Day


U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether funds also added $43.23 million. Blackrock’s IBIT Leads Bitcoin ETFs, While Grayscale’s Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session...

Right Now, You Can Pull A Free 5-Star Character From Genshin Impact


Genshin Impact is celebrating some huge milestones as its expansive 5.0 update coincides with its fourth anniversary. While the highlights for Version 5.0 include the long-awaited introduction of the Natlan nation (albeit with some controversy) and some new characters, one notable anniversary event...

NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply


Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked...

Pokémon's Latest TCG Set Is Teeny, But Packed With Stunners


Today The Pokémon Company releases the TCG’s latest special set, Shrouded Fable. It introduces Pokémon Scarlet and Violet’s strangest monster, Area Zero’s Pecharunt, who works in tandem with Teal Mask’s Loyal Three, Okidogi, Munkidori, and Fezandipiti. Which must be a whole lot of nonsense if...

ZKX Protocol Shutdown Sparks Rug Pull Accusations


The sudden shutdown of ZKX Protocol, a social derivatives trading platform on Starknet, has ignited accusations of a potential rug pull within the DeFi community. The announcement, made on July 30, cited financial non-viability, minimal user engagement, and declining trading volumes as the primary...

Ethereum Dips Despite ETF Launch; Pull Back to a New High?


The global crypto market has experienced solid bearish sentiment in the last 24 hours as the Ethereum (ETH) token takes a major hit. As tracked on CoinMarketCap, the ETH token recorded an 8.20% loss, pushing its price to $3,141. This negative sentiment is largely attributed to Tuesday’s...

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