Prosecutors in Taiwan are pursuing legal steps against David Pan, the mastermind behind Ace Exchange, a local cryptocurrency marketplace. On April 8, according to the authorities’ announcement, Pan was among the seven individuals accused and indicted. The prosecution team alleged that Pan engaged in money laundering and fraudulent activities, resulting in approximately NTD 340 million … Read more
In simpler terms, PancakeSwap argues that decentralized finance, specifically decentralized exchanges, could expand their market presence more effectively by using capital more wisely. Chef Momo, the pseudonymous product manager of the DEX, told CryptoMoon: “Such initiatives promoting capital efficiency and composability will be pivotal in expanding the market share of DEXs. On April 8, PancakeSwap, … Read more
Some users of Ampleforth’s AMPL stablecoin have expressed concern over being unable to access their funds in the lending pool on Aave, a widely-used decentralized finance (DeFi) platform. This issue, which has prevented AMPL depositors from withdrawing their assets since late 2023, is specific to this particular pool. The other pools on Aave continue to … Read more
According to an on-chain indicator with a proven track record, Bitcoin (BTC) may be nearing the end of its larger bull market trend. The “rarely reached” multiplier of the number of days that have historically signaled past Bitcoin price peaks, known as Value Days Destroyed (VDD), has surpassed a significant threshold. VDD multiple hits “rare” … Read more
According to Joe Vezzani, CEO of social media analysis platform LunarCrush, despite the rising prices of Bitcoin (BTC) and other digital assets, retail investors remain skeptical and are not easily swayed by the current market hype. According to Vezzani’s assessment, social buzz and general public engagement with Bitcoin have been significantly lower than during the … Read more
ETH’s price fell briefly, with the altcoin valued at $3470 on 9 April Decline in price fueled an uptick in long liquidations Ethereum’s [ETH] long liquidations closed the trading session on 9 April at a weekly high of $59 million, according to Coinglass data. This occurred despite the recent volatility in the altcoin’s price. In … Read more