Crypto Briefing

According to Cream Finance, the hack was executed "by way of reentrancy on the AMP token contract."Cream Finance has reported a major security attack, resulting in a $25 million loss.Reentrancy Bug...

Square Inc (NYSE:SQ) will build a decentralized exchange as part of its TBD project.Key Takeaways Jack Dorsey, CEO and founder of Square, has announced plans to build a decentralized exchange...

Bitcoin appears to be under heavy selling pressure, suggesting that investors are preparing to cash out.Key Takeaways Bitcoin recently bounced off support to hit a high of $48,500. Regardless of the...

Solana looks unstoppable as the asset continues to make higher highs.Key Takeaways Solana has recorded a new all-time high of $84. Further upward pressure could see it rise as high as $108. A daily...

Chainlink has been under pressure lately as large investors book profits.Key Takeaways Chainlink has breached the $25 support level. On-chain data shows that the most significant interest area ahead...

COTI soared by more than 60% after Coinbase (NASDAQ:COIN) announced it would add support for the asset.Key Takeaways Coinbase Pro has announced that it will make COTI available for trading on Aug....

Avalanche is onboarding blue chip DeFi protocols, and its token keeps soaring even as other coins retrace.Key Takeaways Avalanche’s AVAX token is up 341% in the last 30 days. Avalanche has...

On-chain analysts are growing concerned as the number of BTC and ETH held on exchanges is drastically increasing.Key Takeaways Bitcoin and Ethereum have both declined by more than 6% in the last 24...

The company's stablecoin will be known as the Pax Dollar or USDP.Crypto services company Paxos has announced that it is rebranding the Paxos Standard, its U.S. dollar-based stablecoin.PAX Is Now...

The biggest corporate investor in Bitcoin, MicroStrategy (NASDAQ:MSTR), bought an additional $177 million worth of the asset.Key Takeaways Michael Saylor’s MicroStrategy purchased an additional...

Ethereum is trading on top of stable support, while the selling pressure behind it is drastically diminishing.Key Takeaways Ethereum looks primed to resume its uptrend. The circulating supply of ETH...

LUNA broke $34 for the first time today. Terra’s market cap is now $13.6 billion.Terra Hits New Record High Terra is on a tear. The fast-growing blockchain’s LUNA token hit a price of...

Dogecoin is sitting at a make-or-break point that could lead to a 28% price movement.Key Takeaways Dogecoin appears to have developed a symmetrical triangle on its 4-hour chart. Transaction history...

The company bought Punk #7610 for $150,000.Visa (NYSE:V) has announced the purchase of a CryptoPunk NFT, furthering its commitment to understanding cryptocurrency services with the goal of offering...

XRP looks ready for a spike in volatility that could see its price move by more than 30%.Key Takeaways Ripple's XRP token has endured a ten-day-long consolidation period without providing any clear...

The U.K. is the latest country to gain access to PayPal's (NASDAQ:PYPL) crypto offering.Key Takeaways PayPal is launching a crypto service that will enable U.K. customers to trade...