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Multichain, one of the important bridge solutions of the DeFi ecosystem, has been on the agenda again today with significant asset exits. About $130 million worth of assets were exited from bridges connected to the Fantom, Dogechain (Doge) and Moonriver networks. These exits are allegedly the result of a potential attack. According to the information conveyed by crypto money security firmson Multichain’s Phantom bridge wBTC, USDC, USDT, wETH, LINK, DAI There were significant outflows in assets. In the face of this rather rare situation Phantom Foundation The CEO said they are looking into the situation. Although many projects state that…

Binance, the world’s largest cryptocurrency exchange, was sued by US authorities in the past months. In the notes shared by US local sources as of July 6, 2023, Binance CEO has decided to leave due to CZ’s response to the investigation by the US Department of Justice. Senior executives, including General Counsel Han NG, Chief Strategy Officer Patrick Hillmann, and Senior Vice President Compliance Steven Christie, informed Binance CEO CZ this week that they will be leaving the company. According to sources, these resignations may be related to greater-than-expected court pressure from the US. Many court and license cancellation decisions…

In the crypto money market, which was experiencing a period full of crises, bankruptcy news came from many companies. Celcius, one of them, has recently decided to make its altcoin assets BTC and ETH. Judging by the wallet movements, the company took action to sell these altcoins. According to the information shared by Lookonchain Celcius wallets started transfer transactions to exchange their altcoins. So far, 1,393 ETH transfers have been recorded. It is seen that sending transactions to a single wallet are also made for other altcoins. Celcius holds over $150 million in total. altcoin asset exists. Celcius’s list of…

The V4 protocol has started the countdown for Uniswap, the largest decentralized exchange platform of the DeFi ecosystem. Uniswap Foundation Governance Leader Erin Koen shared that this launch is expected to take place in the next 4 months. Successful implementation of the Ethereum Cancun update for the V4 protocol is expected. Uniswap team with V4 protocol reduction in transaction fees plans to implement new features that will bring Audits and tests will be at the forefront during this time, as these features will come to life with the update of Ethereum. Update news and developing DeFi ecosystemseems to have directed…

Pepe, one of the most popular meme coins of 2023, maintains its place in the top 100 in terms of market capitalization. Pepe, who has made a name for himself after important listings, has recently come to the fore with a price drop. In the transaction dated July 5, 2023, it was determined that approximately $2 trillion of Pepe was withdrawn from the Binance exchange by the whale wallet. In the post made from the Lookonchain account, which follows on-chain movements, a Pepe coin whaleIt was reported that approximately 2 trillion Pepe, worth $3.28 million, was withdrawn from Binance. It…

The crypto money market, which has been struggling with the economic crisis and price drops since the end of 2021, has its eyes set on 2024. While the Bitcoin Spot ETF applications and the Fed’s return from the monetary tightening policy are awaited, the price predictions for the next year continue to come. According to the Matrixport platform, which serves within the industry, the BTC price may rise to the level of 125,000 dollars by the end of 2024. Matrixport Research Head Markus Thielen shared his predictions for the course of Bitcoin price in 2024 in an interview. Thielen said…

Bitcoin Spot ETF applications, which marked the year 2023, also attract the attention of the powerful actors of the industry. Binance CEO Changpeng Zhao also spoke in recent days, when trillions of dollar asset management companies took turns applying. According to Zhao, the bigger the industry gets, the better it will be. CZ, In a Twitter Space broadcast he participated as of July 5, 2023, Bitcoin Spot ETF He talked about his applications. The famous manager said that they welcome more players and that it will be easier to reach more people. Stating that he does not see the applicant…

Pi Network, one of the most popular applications of the crypto money market, was frequently on the agenda especially in Turkey. The news of the investigation about the platform came from Vietnam. The Cyber ​​Security and Hi-Tech Crime Prevention Unit launched an investigation into Pi Network, citing fraud and/or malicious data collection crimes. Le Xuan Minh, Head of Vietnam Cybercrime Department, stated that Pi Network has become extremely complex and unmanageable lately. According to local sources, authorities think that there is no commercial activity on the internet that can generate such a high income. Pi Network, which is a very…

Regulatory news about the cryptocurrency market began to accelerate all over the world. Another step taken in the USA, Asia and Europe came from Denmark. The Danish Financial Supervisory Authority ordered Saxo Bank to divest its assets. While the regulatory uncertainties continued, this order from the Danish authorities to Saxo Bank created an agenda. In the statement of the order from the competent authority, it was emphasized that trading a proprietary cryptocurrency is illegal in Denmark. Accordingly, it is not possible for Saxo Bank to currently hold assets and allow trade transactions. Saxo Bank, crypto assets He keeps it in…

Ethereum-based DeFi project Pendle Finance recently announced its name with the Binance listing. A new development has come today for Pendle, which has been among the most rising altcoins in the last 1 month. The developers announced that they will expand to BNB Chain after Ethereum and Arbitrum network. Pendle Finance, which is among the liquid staking token projects from the popular ecosystems of recent times, will expand to different networks, according to the latest statement by the developers. According to the developers, who stated that they are in a large industry in this ecosystem, it was emphasized that integration…