Asia • May 15, 2024, 5:01 AM EDT Posted 1 minute ago In ~ HTX’s Hong Kong affiliate withdrew its license application for the second time on Tuesday, adding to uncertainty about whether the exchange can legally operate in the region.According to the SFC website, HBGL Hong Kong (Huobi HK) was removed from the Securities and Futures Commission’s virtual asset trading platform applicant list as a withdrawal applicant.The SFC’s license application page showed Huobi HK had been removed from the list on Tuesday. This comes after the company resubmitted its application on February 26 after withdrawing its previous application on…
Author: Crypto Flexs
Read More
Binance Introduces New Lending Assets In a recent announcement, Binance, a globally recognized cryptocurrency exchange and blockchain platform, introduced new loanable assets to its Binance Lending (Variable Rate) and VIP Lending services. This announcement clarifies that the products and services mentioned may not be available in all regions. Flexible interest rates and VIP loans explained Binance Loans (Flexible Rate) is an open lending product that allows users to complete loan orders using cryptocurrency as collateral within their existing Simple Earn flexible product subscription. This service offers users greater flexibility when borrowing cryptocurrency without having to…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportMeme stock fever is back. GameStop, AMC and other companies The 2021 hype cycle has seen the stock surge in recent days. roaring kitty, a key figure in the 2021 craze. But with traders and influencers mainly posting provocative movie clips so far, how long can the hype sustain the meme stock’s resurgence?Roaring Kitty is the alias of financial advisor turned content creator and stock trader Keith Gill. He gained…
Binance Overview As the world’s leading cryptocurrency exchange, Binance continues to dominate global markets, serving 169 million registered users in over 180 countries. Known for its low fees and wide range of cryptocurrencies, Binance is the preferred platform for trading Bitcoin, altcoins, and other virtual assets. Binance Trading Opportunities Binance users have the opportunity to trade hundreds of cryptocurrencies across a variety of markets. This includes spot, margin and futures markets. Each market offers different opportunities and risks, allowing traders to diversify their portfolios and strategies. Binance P2P Binance P2P allows users to buy and…
One cryptocurrency strategist believes that altcoins initially built on the Ethereum (ETH) blockchain could see astronomical gains. Analyst Ali Martinez told his 62,100 followers on social media platform If VET continues to follow the script, Martinez predicts that the altcoin will see massive gains of more than 1,660% before the year expires. “Fractal refers to: VeChain (veterinarian) is expected to rebound this summer, with explosive growth expected in the fall.” source: Ali Martinez/X Looking at the trader’s chart, he seems to be predicting that VET will rise to $0.60 by the end of 2024. As of this writing, VET is…
PEPE price rose by more than 10%, faster than other meme coins. The price may continue to rise towards the $0.0000125 level in the near term. PEPE began a new rally above the $0.0000105 level. The price is currently trading above $0.0000110 and the 100-hour simple moving average. On the hourly chart of the PEPE/USD pair, there is a breakout pattern forming with resistance at $0.0000115 (data source from Kraken). A close above the $0.0000115 resistance line could push the pair higher. PEPE prices soar by more than 10% Over the past few sessions, PEPE has been steadily increasing above…
index Solana’s meme coin market is thriving, with new entries constantly being added to the growing ecosystem.Whether Solana-based projects have been listed on a DEX or CEX or are still in the pre-sale phase, Solana-based projects have garnered tremendous attention while the Ethereum chain has been relatively quiet as ETH/BTC continues to bleed and SOL/ETH falls. It is common to see companies attracting capital. It has been showing an increase since January 2023.If so, here are 10 of the best Solana meme coins you can consider buying or adding to your watchlist in May 2024.Solana’s Best Meme CoinsEach of these…
Matt Hougan, Bitwise Chief Investment Officer In a new note, Matt Hougan provided a detailed analysis of early adopters of Bitcoin exchange-traded funds (ETFs) based on 13F filings with the SEC. His insights highlight the significant acceptance of Bitcoin ETFs by professional investment firms and portend a potential shift in the BTC investment landscape. Since its launch on January 11, the Bitcoin ETF has amassed an impressive $11.7 billion in assets, making it the most successful ETF launch in the history of financial products. These explosive startups have sparked widespread interest in the identity of investors, primarily retail or professional.…
Posted 1 minute ago In ~ Updated: May 15, 2024, 1:52 AM EDT Sonne Finance, a decentralized lending protocol, experienced an exploit in Asia on Wednesday morning, resulting in losses amounting to approximately $20 million.The project said in a post-mortem investigation. report This was exploited due to a vulnerability in the Compound v2 fork (Sonne being one of them). Hackers “were able to exploit the protocol for approximately $20 million through a known donation attack.”In response to the attack, Sonne Finance wrote In a post aboutSonne Finance’s move comes on the heels of blockchain security company PeckShield. warned X advised…
Ethereum Layer 3 blockchain Degen Chain has been unable to verify transactions or create new blocks for over 53 hours, rendering the network and its applications completely unusable. According to Block Explorer, Degen Chain stopped at 8:15 PM UTC on May 12, when the network last created a new block.It is one of the few layer 3 blockchains that settles transactions on a layer 2 network. It uses the Ethereum layer 2 chain Base for payments and the AnyTrust protocol for data availability features.Degen Chain has not produced a new block for over 50 hours. Source: Degen ChainIn a May…