Bybit China Offices May Close, Offers Relocation to Staff
Bybit China’s offices plan to close in Shanghai and Shenzhen and relocate staff to Malaysia and Dubai to serve overseas Chinese users. The second-largest cryptocurrency exchange in the world, Bybit, has disclosed a substantial enhancement to its operational model that may result in the termination of operations in Shanghai and Shenzhen.The company has recently begun […]
Lykke Crypto Exchange Confirms Platform Hack
Following a hack on June 4, the Lykke cryptocurrency exchange has suspended withdrawals, according to a social media announcement on June 10. The assault impacted Lykke UK and Lykke Corp AG, as indicated in the post. The exchange stated in a separate post in the same thread that withdrawals have been suspended “as a precautionary […]
New Cross-Chain Meme Coin Base Dawgz Presale Raises $750K in First Week
In the first week of its presale, Base Dawgz (DAWGZ) has successfully raised over $750,000. However, will this cross-chain meme coin be able to sustain this favorable momentum until it is implemented on DEXs? Meme coins have experienced an explosive 2024 thus far; however, retail investors are currently focused on a particular niche: base chain […]
Crypto Market Faces Uncertainty After EU Parliament Election
The crypto market faces uncertainty following the EU Parliament election results due to the volatile trading conditions caused by political shifts. The crypto market is experiencing increased volatility due to recent macroeconomic and political events. The most recent EU Parliament election results have substantially impacted investor sentiment, further complicating an intricate landscape. In the meantime, investors […]
Solana Cracks Down on Validators Involved in Sandwich Attacks
As a result of their involvement in sandwich attacks against traders, the Solana Foundation has excluded a group of validator operators from its delegation program. In an attack known as a Sandwich, a malicious trader examines the network of their choice, such as Ethereum, for a pending transaction. Sandwiching is submitting one order before the […]