• Uniswap’s trading volume and revenue have declined significantly in the past few days. • On-chain metrics suggest a negative outlook, with fewer unique users and lower fees being collected by Uniswap protocol. • Traders are taking short positions against UNI as the MVRV ratio continues to decline. Uniswap Trading […]
ApeCoin Soars as Popular NFT Collectibles See Trading Boom
• Popular NFT collections saw an increase in trading volume and sales. • ApeCoin found favor with whales, but network traffic declined. • Yuga Labs accused of IP theft for one of its logo designs. Jump in Trading Volume and Sales Popular NFT collections of the ecosystem recorded a jump […]
MetaMask Warns Investors of Phishing Attempts, Namecheap Stops Fraudulent Emails
• MetaMask warned investors against ongoing phishing attempts. • Namecheap confirmed that it was successful in stopping the fraudulent emails. • Namecheap and MetaMask advised users to double-check website links, email addresses, and points of contact. MetaMask Warns Investors Against Phishing Attempts Crypto wallet provider MetaMask put out a warning […]
Binance Halts USD Bank Transfers; Unveils Tax Tool
• Binance, the world’s largest crypto exchange by market cap, is reportedly halting USD bank transfers for a few weeks. • The halt follows after its banking partner put a limit on the USD transfer amount and UK bank Nationwide restricted card payments to Binance. • Binance unveiled a new […]