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Zombie Coins: Are Zombie Coins and Dead Coins the Same?
In the crypto world, zombies aren’t mythical. Thousands of cryptocurrencies exist in the market without showing much movement. You can spot zombie coins through crypto analytics platforms like CoinMarketCap and CoinGecko. When you read in the metrics “with a trading volume of $0” there, you've met a zombie.
The Unibot Telegram bot for cryptocurrency trading has terminated its partnership with the Unibot on Solana developers, urging them to adopt a new name and to remunerate the community that has supported them for an extended period. According to the Unibot team, this decision was made in the interest of security.
The 7-day moving average for daily crypto trade volume has hit $97.4 billion. This figure significantly exceeds the metrics seen in the summer of 2023 and closely matches the average trading volumes of 2021. The analysis covers a comprehensive range of popular trading platforms across the globe.
China's state media is once again alerting its citizens to the dangers and illegality of cryptocurrency trading, as well as enforcing a total ban on mining. This move coincides with a surge in Bitcoin's popularity following the approval of spot ETFs and the anticipation of the upcoming halving event, which will reduce the reward for mining a block by half.
In a move by the bankrupt exchange FTX, between 25 to 30 million SOL tokens have been sold to Galaxy Trading and Pantera Capital for $64 each, according to anonymous sources cited by Bloomberg. This transaction is valued between $1.6 to $1.92 billion, though the exact date of the sale remains undisclosed.
Over the past few days, decentralized exchange ShapeShift has climbed to the top spot in terms of daily trading volume facilitated by THORChain technology. ShapeShift's average transaction size reaches $123,697, significantly outpacing its competitors (DefiSpot, TS Ledger, THORSwap) by nearly double.
A US court has declared that trading certain cryptocurrencies on the secondary market amounts to dealing in securities, thereby falling under the purview of the Securities and Exchange Commission (SEC). Judge Tana Lin delivered this verdict while presiding over an insider trading case involving acquaintances of employees at the crypto exchange Coinbase.
WhiteBIT has stepped up its game by becoming an official broker on TradingView, the renowned cryptocurrency trading platform. This partnership enables users to directly engage in trading on TradingView by linking their crypto wallets, thus making use of their exchange balances.
Effective July 19, South Korea's new Virtual Asset User Protection Act will come into force, criminalizing market manipulation, illicit and insider trading within the cryptocurrency sector. Offenders face severe penalties, including a minimum fine of three times the amount of profit gained or imprisonment. 









