BNB Chain’s proactive alert does not represent the risk level of the underlying DApp project. Instead, it is aimed at helping users in their research prior to making investment decisions. BNB Chain, the blockchain developed by crypto exchange Binance, updated its Red Alarm list to include 191 high-risk projects and decentralized applications (dApps) currently hosted...Continue Reading

Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation. Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true. The largest cryptocurrency saw a classic dive following its latest weekly close as the latest gains...Continue Reading

Bittrex had already started winding down operations by the time it received a notice of potential action from the SEC, the general counsel said. The United States-based cryptocurrency exchange Bittrex is reportedly facing potential action from the U.S. securities regulator despite preparing to shut down local operations. The enforcement division of the U.S. Securities and...Continue Reading

Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%. Over 1 million Ether (ETH) worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11...Continue Reading

A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community.  When voting closed on April 16 more than...Continue Reading

Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says. Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say. Many expect there...Continue Reading

The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks. More Freedom of Information Act (FOIA) requests seeking information on recently closed crypto-friendly banks have been submitted by cryptocurrency advocacy group the Blockchain Association (BA) to two regulators. On April 14, the Association said that in addition to the FOIA requests,...Continue Reading

A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role. Securities and Exchange Commission (SEC) chair Gary Gensler could be facing unemployment after United States Representative Warren Davidson declared he would introduce legislation to fire the SEC boss. In an April 15 tweet responding to Coinbase’s...Continue Reading

Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty. Recent turmoil in the banking sector has shown that Bitcoin (BTC) and Ether (ETH) can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest chief executive Cathie...Continue Reading