Volumes on HashKey Exchange surged to many times their normal level late last week — a trading frenzy the company put down to a token rewards program.
Numbers from the exchange show institutional traders largely ignored altcoins in favor of perceived “safe” assets.
The merger proposal includes integrating UX Chain’s lending logic with Osmosis’ decentralized exchange to form a comprehensive DeFi hub.
The “basis trade,” a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.
The financial services firm is giving users three weeks to migrate their accounts — as long as they live in the right state.
Go to Source Author: Ian Allison
The price of Bitcoin hit $40,000 on Sunday for the first time in 18 months, while Ethereum rose past $2,200.
Bitcoin’s recent rise has been fueled by industry-wide anticipation of spot Bitcoin ETFs, expected to be approved in the coming months.
The men responsible for the $8.5 million hack were cleared after a court found their exploit of a flawed smart contract wasn’t fraud.