Author Archives: Coingape.com

From MetaMask to COLDCARD, we present you the 5 non-custodial crypto wallets suitable for your convenience and security. Non-custodial Crypto Wallets are basically Blockchain wallets that let you be your own bank. This implies that users have full control over their funds and on the associated private key without any middlemen involved. Here are the 5 non-custodial crypto[Read more…]

New FTX CEO John J. Ray III recently announced the possibility of restarting the exchange, thus pushing the FTX Token (FTT) price by 33%. The value of FTX’s controversial FTT token increased by more than 33% after the newly appointed chief executive officer of the insolvent company, John J. Ray III, stated that he is investigating[Read more…]

The crypto price of various tokens like Shiba Inu and Dogecoin has increased today by a decent margin, painting the charts green. Cryptocurrency Price Today: The crypto market continues to trade in green and the meme coins have seen a decent jump in the last 24 hours. As of writing, Shiba Inu’s coin SHIB hikes by 20.30% in[Read more…]

Soulbound tokens are not designed to have a market value and as such cannot be sold or transferred to another wallet. What are Soulbound tokens? Soulbound tokens, also known as SBTs, are digital identity tokens that represent a person’s or an entity’s qualities, traits, and accomplishments. It advances the use of NFTs because it is built on[Read more…]

Crypto exchange Binance burned 2,064,494.32 BNB tokens worth $620 million in the 22nd quarterly token burn mechanism. The world’s largest crypto exchange Binance burned 2,064,494.32 BNB tokens in the 22nd quarterly token burn mechanism, the exchange said on Tuesday. Binance aims to reduce its circulating supply to 100,000,000 BNB through its BNB Auto-Burn procedure. Traders didn’t immediately respond to the latest[Read more…]

According to a recent analysis, crypto investors have started withdrawing their digital assets from the Binance crypto exchange in recent weeks following the demise of the rival FTX. And, in spite of CEO Changpeng “CZ” Zhao’s reassurances that the crisis had been brought under control, the rate of outflows is only increasing. Customers withdrew a net amount of 360 million[Read more…]

Unlike many major cryptocurrencies, which witnessed more than a 75% loss in market value, the Binance coin has projected relatively fewer losses during the ongoing downtrend. By press time, the BNB price trades at $256.5, which is 62.89%, down from the all-time high of $690.93. Moreover, the coin price is currently wobbling near a high accumulation zone[Read more…]

Huobi Global sees $60.9 million worth net outflows in just one day. The withdrawals surged after unconfirmed reports of Huobi laying off employees surfaced on social media. Today, Justin Sun confirmed that Huobi will be laying off 20% of its staff. Top withdrawals from Huobi are mainly in USDT, USDC, ETH from wallets with high balances. Reports[Read more…]

2022 was a disastrous year for the crypto market, also considered to be the worst year for cryptocurrencies. There were major collapses, the last being the implosion of once leading exchange FTX. This was followed by the arrest of a crypto billionaire, Sam Bankman-Fried. The market has been sluggish since then and is finding it[Read more…]

While it may appear to be a large sum of money to get stolen and scammed, it is down 51.2% from 2021, when over $8 billion was stolen. Immunefi, a bug bounty and security services platform for Web3, assesses the volume of crypto funds lost due to hacks and scams on a quarterly and yearly basis.[Read more…]