Crypto News
South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices
Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform Upbit, it’s being traded at $73,513 each. Additionally, March witnessed a notable increase in Upbit’s trade volume, skyrocketing by 172.25% from February’s data. Ethereum, Solana,Source link
Sullivan and Cromwell’s Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors
The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked controversy. FTX Creditor Champion, Sunil, expressed concerns about the impact on FTX creditors, while others question the legality of the sale. This article delves into the details of the sale and the reactions it has garnered. (Read More)Source link
Elon Musk’s Grok AI Chatbot Has Weakest Security, While Meta’s Llama Stands Strong: Researchers
No chatbot should help people build a bomb, but jailbreaking techniques can trick them into going too far.Source link
Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off
In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear and Greed Index (CFGI) indicates that the market’s mood remains in an “extreme greed” phase. Market Sentiment Swings Between ‘Greed’ and ‘Extreme Greed’ Despite Bitcoin’sSource link
This Week In Crypto Twitter: Meme Coins and Base are Booming While Solana Strains
Where there were dog coins, POOP perhaps inevitably followed. Also, Ethena emerges with a Bitcoin backing.Source link