FTX, the once-thriving crypto exchange now bankrupt, has launched a $1.8 billion lawsuit against Binance and its former CEO, Changpeng "CZ" Zhao, setting off a significant legal battle in the cryptocurrency space. Filed recently in a Delaware court, the lawsuit is part of a broader strategy by FTX’s bankruptcy team to recover funds and marks…
Ethereum
Binance, the world’s largest cryptocurrency exchange by trading volume and user base, has recently reported remarkable growth in asset inflows, highlighting the rising adoption of digital assets in the global financial sphere. According to DeFiLlama, Binance has achieved over $5 billion in net inflows in November alone, with consecutive billion-dollar weeks — a figure five…
Bitcoin (BTC) just jumped over 10%, hitting an all-time high of $80,039. This rise seems tied to news of Donald Trump’s strong showing in the U.S. election, with Trump currently leading with 198 seats compared to Kamala Harris’s 112, according to the Associated Press. Many investors are hopeful due to Trump’s crypto-friendly stance, which has…
Polkadot Blockchain Academy (PBA) has unveiled PBA-X, a groundbreaking online course aimed at guiding a new generation of blockchain enthusiasts into the world of Web3. Set to launch its first cohort on January 6, 2025, this four-week, part-time program offers accessible and high-quality blockchain education designed by Polkadot’s core contributors, including Dr. Gavin Wood. PBA-X…
CV Pad, a leading launchpad for Web3 projects, has announced the sale of 0G Foundation’s AI Alignment Nodes. This initiative provides early adopters with the chance to participate in the world’s first decentralized AI operating system, marking a significant step in the evolution of AI and blockchain technology. 0G Foundation has already made waves in…
Solv Protocol, a prominent player in the DeFi and BTCFi space, has made a significant move by introducing new classifications for its SolvBTC reserve assets. This strategy aims to enhance security, boost liquidity, and provide yield-generating opportunities for users, marking a key step forward in Bitcoin utility across decentralized finance. The newly implemented classifications divide…
FLOKI, a prominent player in the cryptocurrency world, has announced a bold new marketing campaign to take over Dubai's iconic WAFI Mall. Running from November 8 to December 5, this four-week initiative aims to place FLOKI directly in front of thousands of daily visitors, expanding its brand presence in one of the most popular shopping…
Following Donald Trump’s re-election, markets responded with remarkable enthusiasm, particularly within the cryptocurrency and financial sectors, where significant gains were recorded. Bitcoin soared to a new high of over $75,000, marking an 8% increase. Other digital assets, such as Ethereum and Dogecoin, also experienced notable boosts, with Dogecoin jumping up to 18%. Trump’s shift from…
In a groundbreaking development for the crypto world, TON Accelerator and Mantle have launched "Synergy," a $5 million initiative designed to bring cutting-edge cross-chain applications to life by merging the unique strengths of the TON and Ethereum Virtual Machine (EVM) ecosystems. This initiative aims to empower developers with the resources and infrastructure to build next-generation…
US Election Sparks Volatility in Bitcoin and Ethereum: Key Insights from Derive.xyz’s October Report
Crypto Markets Brace for Volatility Ahead of US Election, Says Derive.xyz Report As the U.S. presidential election looms, the cryptocurrency market is exhibiting signs of heightened anticipation and potential volatility. Derive.xyz's October 2024 Trading Insights Report provides a deep dive into the critical dynamics shaping Bitcoin (BTC) and Ethereum (ETH) markets during this politically charged…