![[Update] BNB Chain Initiates Liquidation of $200 Million Debt on Venus Protocol](/content/images/size/w600/2024/07/20230818015340-544c3730-e6bb-4c5f-9aa6-ad0bddb65972-173-fotor-20240724132730.jpg)
Big Cap
On the evening of August 21, 2023, despite the sharp decline in BNB price to its lowest in a year, $200 million worth of BNB collateral on the Venus protocol has not yet been liquidated. The $200 million BNB still remains unliquidated despite the price drop to $212. Image: Protos
Big Cap
On the morning of August 21, Ethereum co-founder Vitalik Buterin transferred a quantity of ETH valued at over $1 million to the cryptocurrency exchange Coinbase. Vitalik Buterin just transferred $1 million USD worth of ETH to Coinbase On the afternoon of August 21, 2023, the security firm PeckShield reported that
Big Cap
On August 19, Offchain Labs, the team behind the Ethereum layer-2 solution Arbitrum, disclosed that the network experienced a temporary halt on August 18. Arbitrum Halts Transaction Processing for One Hour According to data from Arbiscan, Arbitrum encountered a period of inactivity on August 18, spanning one hour between batches
Big Cap
On August 19, Ethereum developers announced plans to deploy a new testnet named "Holesky" in September. Ethereum Sets Schedule for New Testnet "Holesky" to Replace Goerli In an effort to enhance testing environments and address the Ethereum testnet supply issue, the Ethereum development team will launch
Big Cap
On August 19, the cryptocurrency exchange OKX issued a notice urging all users to complete enhanced KYC procedures before 2:00 PM on August 21 (Vietnam time) to avoid service disruptions. OKX Requires All Users to Complete KYC by August 21 The exchange specified that users must complete steps including
Big Cap
Since its launch in early May, the SUI token has experienced a steep decline from its peak of $1.4 USD to just $0.5 USD at present. SUI Price Plunges 65% After Over 3 Months of Mainnet Launch, Community Reserve Sell-off Recorded According to The Block Research Director Steven
Big Cap
Bitcoin faced a significant sell-off following news that Elon Musk's aerospace company, SpaceX, liquidated $373 million worth of Bitcoin. According to the Wall Street Journal, this information was gleaned from confidential financial documents detailing SpaceX's activities in 2022 and 2021. However, specifics such as the timing
Big Cap
Shortly after the early morning crypto market dump on August 18, the market swiftly rebounded following news that the U.S. Securities and Exchange Commission (SEC) is likely to approve several proposals for Ethereum futures ETFs. According to sources cited by Bloomberg, the SEC is expected to greenlight a wave
Big Cap
Late on August 17, Tether announced it would cease supporting USDT on Kusama, Omni, and Bitcoin Cash due to declining user demand. According to updates released on August 17, Tether, the company behind the leading stablecoin USDT, will stop issuing USDT on three blockchains: Omni, Bitcoin Cash, and Kusama, citing
Big Cap
Late-night crypto markets on August 17 witnessed the latest price downturn affecting Bitcoin (BTC) and Binance Coin (BNB). Following nearly a month-long sideways trend between $29,000 and $30,000, Bitcoin plummeted from $28,500 to as low as $27,700 on the evening of August 17, 2023. This marked
Big Cap
During its beta testing phase, Shiba Inu's Layer-2 solution, Shibarium, garnered adoption from over 21 million wallets. Layer-2 Shibarium Advances to Mainnet, Continues to Stir Controversy Anticipated Launch of Layer-2 After months of testing with millions of users, Shibarium, designed to develop gaming and metaverse applications, has officially
Big Cap
Ripple Labs has recently taken a stance against the Securities and Exchange Commission's (SEC) appeal request from last week. Ripple's Chief Legal Officer, Stuart Alderoty, posted on Twitter (now X), stating: "We oppose the SEC's appeal request. There is no specific reason here