Chiliz came to popularity as one of the pioneers of sports fan tokens that enabled fans to become a part of their favorite sports teams.
A PEPE whale has offloaded over 723 billion tokens, converting them to the DeFi stablecoin DAI, signaling a lack of confidence in the asset.
The breach adds to growing concerns about security in the crypto space, especially after a record-breaking February 2025 that saw more than $1.5 billion stolen in multiple high-profile hacks. The post RWA Restaking Protocol Zoth Suffers $8.4M Exploit, Attacker Converts Funds to DAI appeared first on Cryptonews.
Vitalik Buterin once again liquidated meme token holdings from his wallet. One of the biggest sales was for Dohrnii (DHN), a token that Buterin sold after 47 days of holding.
Vitalik Buterin, the co-founder of Ethereum, has recently made notable moves in the cryptocurrency space, according to data from OnchainLens. He minted 315,382 DAI, a popular stablecoin, and also sold several meme tokens for a total of 71.69 ETH, which at the time was worth approximately $136,684. Among the tokens he sold were: 146.
The Italian Minister of Economy and Finance wrote it in black and white.
As Europe prepares for a heavy enforcement of the Markets in Crypto Assets (MiCA) law, crypto exchanges are moving to ensure compliance. Binance, the biggest crypto exchange by market cap, has announced plans to delist stablecoins for European users.
EU customers can convert their holding MiCA-compliant alternatives like USDC ahead of deadline.
TL;DR Binance Delisting: Binance will delist several non-MiCA-compliant stablecoins (including USDT, DAI, TUSD, and USDP) in the EEA by March 31 to comply with EU MiCA regulations. Service Impact: Spot and margin trading pairs involving these stablecoins will be restricted, with limited effects on holding, conversion, and withdrawals.
Binance, one of the world's largest cryptocurrency exchanges, has announced plans to delist nine stablecoins in Europe by March 31 to comply with new European Union regulations. While users in the EEA will no longer be able to trade these stablecoins, Binance will continue to offer custody and conversion services.
Chiliz, the blockchain platform behind Socios.com, continues to redefine the relationship between cryptocurrency and the sports industry.
Aston Villa celebrates its 150th anniversary with blockchain-powered NFTs on Chiliz Chain, offering fans digital collectibles and real-world rewards, enhancing fan engagement through Web3 technology. The post Aston Villa Launches First NFTs on Chiliz Chain to Celebrate 150th Anniversary appeared first on Cryptonews.
Addresses linked to the Bybit exploit swapped millions worth of ETH for DAI using DEXs, with portions sent to eXch, the exchange at the center of controversy for refusing to freeze funds.
According to emails shared with European users, Crypto.com will delist several prominent cryptocurrencies, including Tether's USDT, Wrapped Bitcoin (WBTC), and DAI, by January 31, 2025.
Ripple's RLUSD appears set to take on industry leaders in the stablecoin space. Since its official launch on Dec. 17, 2024, RLUSD has gained traction among cryptocurrency traders.
TL;DR Ethena surpasses DAI and reaches a $6 billion market capitalization with its stablecoin USDe, standing out in the sector. The integration of sUSDe into Aave drives over $1 billion in inflows in just a few weeks, attracting large investors. Ethena launches USDtb, a stablecoin backed by U.S.
Ethena's USDe stablecoin recently surpassed Sky's Dai in market capitalization to become the third-largest stablecoin.
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.
Ethena Labs is going through the most rapid expansion of the USDe supply in its history, boosted by bullish crypto sentiment.
Bitcoin-backed stablecoin USDa currently ranks second among the largest CDP projects, trailing only behind MakerDAO's DAI. The stablecoin issued by Avalon Labs has a total value locked (TVL) of $729 million and a borrow-supply ratio of 48%.
Ethereum Foundation (EF), a major non-profit organization dedicated to the long-term development of the Ethereum network, has continued with its Eth selling strategy. As a major grant source on the Ethereum network, the EF often engages in Ether selling for stablecoins to pay employees and services approved by the core team.
After months of consolidation, CHZ may be ready for a significant price breakout.
Nike-owned RTFKT is winding down and Chiliz CEO Alexandre Dreyfus expressed the platform's intentions to bid on RTFKT's assets.
Another altcoin season is about to dawn on the cryptocurrency market when rival cryptocurrencies outperform established coins and draw investor attention. A small number of cryptocurrencies are likely to lead the next market explosion as blockchain technology develops and popular acceptance rises.
Story Highlights The live price of the Chiliz token is . Chiliz price could soar to a maximum of $0.15 by the end of 2024. CHZ price with a potential surge could go as high as $2.67 by the end of 2030.
Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."
The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation's strategy to fund public projects and maintain its financial reserves.
The Ethereum Foundation makes another DAI purchase by offloading 100 ETH on Nov. 12. This is the first time the protocol has sold ETH since releasing its annual report.
Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.
Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.
Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.
While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.
Socios.com secures Malta's in-principle approval for a class 3 crypto license.
A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.
Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.
The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.
Chiliz (CHZ) has recently showcased a remarkable resurgence, adding over 10% to its price and securing its spot as the top gainer among the top 100 cryptocurrencies. As the cryptocurrency market experiences rising volatility, many are left wondering if CHZ can sustain this momentum and potentially reach its yearly high of $0.170 in the upcoming quarter.
The mix of signals from the data from the past 24 hours showed that the short-term bias was bearish.
CHZ, the native cryptocurrency of the sports blockchain platform Chiliz, is witnessing a strong surge following crypto exchange Binance announcing support for the airdrop of the PEPPER crypto token with some exciting rewards to Chiliz holders. As a result, the Chiliz price has shot up by 13% moving all the way to $0.07227 with its
It's an airdrop season! Before any airdrop, the platform receives huge attention as the traders jump in to accumulate at discounted prices. A similar trend has been observed as yet another airdrop is making huge rounds within the markets. Chiliz, which displayed a remarkable rise from $0.01 to as high as $0.
After displaying a consolidated price action for a brief period, the Chiliz price has regained momentum by adding over 10% to its portfolio within a short period. With this, this altcoin has secured the first position in the daily top gainers list among the top 100 cryptocurrencies.
Binance has hinted at the support for the Pepper airdrop for Chiliz holders.
Chiliz, the largest blockchain network for sports and entertainment, surged to its highest point in three months. The Chiliz (CHZ) token broke a crucial resistance, reaching an intraday high of $0.072, its highest level since July 22.
The Chiliz blockchain is aiming to become "the sports blockchain," its CEO Alexandre Dreyfus told CoinDesk in an interview, while also calling out the disproportionate historical hype around NFTs in comparison to fan tokens.
Binance will apply a new “risk warning” banner and pop-up notification to several tokens on its platform, the exchange announced on Oct. 1.
Chiliz established a new subsidiary to fruitfully expand the blockchain's infrastructure into mainstream sports.
The new independent division promotes synergies and business opportunities.
The inaugural program will be a training course that will begin in October 2024.