New ERC-20 token VMPX triggers Ethereum burn spike, consumes $3M in gas fees in 24 hours
New ERC-20 token VMPX triggers Ethereum burn spike, consumes $3M in gas fees in 24 hoursThe VMPX token website does not provide any information about its utility and some are questioning its purpose.
Happy Friday!The global crypto market cap is $1.18 trillion, with a 24-hour volume of $33.7 billion. The price of Bitcoin is $30,282.64, and BTC market dominance is 49.9%. The price of Ethereum is $1,869.39, and ETH market dominance is 19.1%. The best-performing sector is Media, which gained 55%. The Crypto Fear & Greed Index is currently Neutral (55). Top News
New ERC-20 token VMPX triggers Ethereum burn spike, consumes $3M in gas fees in 24 hoursThe VMPX token website does not provide any information about its utility and some are questioning its purpose. Binance sees nearly $2B inflow amid exit of key executivesBinance's TUSD balance soared from less than $500 million to over $2.5 billion within 24 hours. CZ denies rumors senior Binance executives resigning due to ongoing regulatory challengesAt least three executives from the company's legal and compliance teams are set to depart. Latest Insights
More NewsBinance urges Dutch customers to move assets to Coinmerce before July 17 departure from the NetherlandsThe exchange is exiting the nation over regulatory difficulties and has urged users to move their assets before the deadline. Multichain halts services after $126M exploitMultichain's MULTI token plunged 16% after the attack. Will artificial intelligence choose Bitcoin as its currency? Arthur Hayes thinks soIn a thought-provoking blog post, the former BitMEX CEO explores the potential interplay between AI and cryptocurrencies. Kraken’s Jesse Powell under federal investigation but exchange remains uninvolvedPowell is currently involved in a civil dispute with the Verge Center for the Arts, a non-profit art gallery. Binance CEO dismisses concerns that institutional crypto ETFs threaten decentralizationChangpeng Zhao's comments concern BlackRock, Fidelity, and other financial giants as they race to enter the Bitcoin spot ETF market.
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Celsius moves altcoins to new wallets in preparation for Bitcoin and Ethereum conversion
Thursday, July 6, 2023
The bankrupt firm moved some of its altcoin and stablecoin holdings to crypto firms like Wintermute, Paxos and Fireblocks.
Ripple executives applaud UK crypto regulations, claim US lags behind
Tuesday, July 4, 2023
The United Kingdom recently approved a bill that made crypto trading a regulated financial activity within the country.
SEC dismisses rumors of chairman Gary Gensler’s resignation
Monday, July 3, 2023
The crypto community had reacted positively to the fake news of Gensler's resignation.
The big nickel short
Sunday, July 2, 2023
CryptoSlate's latest market report dives deep into the nickel crisis that began in March 2022, to analyze the overlooked crisis' effect on the crypto market.
Litecoin spikes 25%: What’s behind the sudden surge?
Saturday, July 1, 2023
Litecoin, one of the oldest coins in the cryptocurrency ecosystem, has received a sharp boost in price, though the immediate causes are unclear.
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