SaitaChain’s Xbridge Experienced a Security Breach

In simpler terms, the SaitaChain team announced through a significant update that Xbridge, their cross-platform for exchanging cryptocurrencies, experienced a security issue. Important notice to the SaitaChain community 🚨 — SaitaChain (@SaitaChainCoin) April 24, 2024 In a recent update on Saitex’s X channel, they announced, “A security incident occurred on our cross-platform solution, Xbridge, only … Read more

Glassnode: Bitcoin’s issuance rate sinks lower than gold’s after fourth halving

The upcoming Bitcoin halving, which happens for the fourth time, is generating much interest due to its similarities to gold in terms of scarcity, according to insights from Glassnode analysts. Based on Glassnode’s analysis, an important milestone was reached when the production of new bitcoins (BTC) became less frequent than the mining of new gold, … Read more

Binance burns over $1.17b in BNB tokens

Binance burned 1.94 million Binance Coin tokens, removing them from circulation. Binance reported that it had carried out the 27th quarterly destruction of Binance Coin (BNB) tokens, eliminating around $1.17 billion from circulation. This represented roughly 1.3% of the entire BNB supply. The quarterly burning of 1.94 million BNB tokens has taken place on the … Read more

Unusual Transfer Activity for Ripple (XRP), Bitcoin (BTC) and Ethereum (ETH); Whales Accumulating Rollblock (RBLK)

In the past few weeks, the actions of whales towards Ripple (XRP), Bitcoin (BTC), and Ethereum (ETH) have drawn significant interest from cryptocurrency enthusiasts. However, it’s Rollblock (RBLK) that has recently piqued their curiosity as large investors have started amassing it. Some analysts predict that this up-and-coming altcoin, currently in the presale stage, could experience … Read more

Capital inflows into spot Bitcoin ETFs total $31m

On April 23, net daily capital inflows into spot Bitcoin ETFs totaled $31.64 million. Based on SoSo Value’s report, although there was a drop from $62 million to $31 million in asset inflows between April 22 and 23, there has been a persistent uptrend in trading activity for the past three days. During this period, … Read more