Phantom Wallet users warned of fake app that resembles authentic version, resulting in significant financial losses. A fake Phantom wallet app in the Apple Store is reported to drain assets upon account recovery with a private key. Phantom Wallet and Solana users have been alerted to the fraudulent app mimicking the legitimate Phantom Wallet. The fake app,…
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In Brief ENS price has marked a 7% decline in the last 24 hours, trading at $24.8. About $144 million of profits have been lost due to the sharp fall. ENS market top has been formed every time the profitable supply exceeds 90%. Ethereum Name Service (ENS) price has painted a red candlestick on the…
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In Brief 3iQ files to launch North America’s first Solana ETP on the Toronto Stock Exchange. The Solana Fund will offer SOL exposure, long-term capital appreciation, and staking yield. 3iQ leverages Coinbase Custody for institutional staking; pioneers in Canadian crypto funds. 3iQ Digital Asset Management, a Canadian digital asset investment firm, has announced the filing…
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. ZKX, the first Social Perp Trading DEX built on Starknet and Ethereum, has successfully raised a…
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In Brief Dogecoin’s price has been observed to decline for the past few days, falling below $0.15. Whale addresses have over 900 million DOGE worth $129 million in the past week. The MVRV ratio is also in the opportunity zone, synonymous with recoveries. Dogecoin (DOGE) is looking to recover some of the losses the investors…
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In Brief BNB Maintains Stability Amid Market Volatility BNB Nears $100 Billion Market Cap: What It Means for Investors Binance Smart Chain Sees Stable Rise in Daily Transactions The native cryptocurrency to Binance exchange, BNB, is exhibiting a remarkable performance in the cryptocurrency market, with its price nearing an all-time high. This comprehensive analysis delves…
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In Brief Senator Ted Cruz has entered the Bitcoin mining industry by acquiring and operating three Bitcoin miners in Iraan, Texas. Marathon Digital CEO Fred Thiel praised Cruz for his initiative, highlighting its importance in securing the Bitcoin network. Meanwhile, Oklahoma has passed House Bill 1600 to provide tax credits to digital asset mining operations…
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In Brief Uniswap has indefinitely delayed its fee switch proposal due to concerns raised by an unnamed stakeholder. This significantly impacted the value of the DEX protocol’s UNI token, falling around 5% to under $10. Some community members have suggested that the delay was caused by by venture capital interests. Uniswap, the decentralized exchange platform,…
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In Brief BONK price fell to trade at $0.00003571 and will likely observe consolidation going forward. The Open Interest shows that contracts worth nearly $8 million have been pulled in 48 hours. However, the Relative Strength Index (RSI) bounces back up from the neutral line at 50.0. BONK’s price is no stranger to volatile moves,…
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In Brief Avalanche’s price recently broke out of its consolidation within $39 and $31, which it might fail. Market cues suggest a decline is next for the altcoin as the MACD is close to a bearish crossover. Nearly $409 million worth of AVAX is sitting between $37 and $41, awaiting profits, creating resistance. Avalanche’s (AVAX)…
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