In a strategic move aligning with current market trends, Binance, the world’s largest cryptocurrency exchange, has announced the addition of five new spot trading pairs, set to launch on December 24. The listings for ADA/USD1, ASTER/USD1, LUNA/USDC, LUNC/USDC, and ZEC/USD1 have already catalyzed positive price action for the involved assets, underscoring the powerful ‘Binance effect.’ However, the new services will not be available to users in several restricted jurisdictions, including the United States and Canada.
about Binance Adds 5 New Trading Pairs, Boosts ADA & ASTERKadena
0 posts last weekBinance Delists 3 Altcoins, Triggering Market Volatility
Binance, the world’s largest cryptocurrency exchange, has announced the delisting of three altcoins—StaFi (FIS), REI Network (REI), and Voxies (VOXEL)—effective December 17, triggering immediate market volatility. This decision, stemming from the platform’s rigorous periodic review process, underscores the significant influence exchange policies wield over token valuations and liquidity, while simultaneously highlighting Binance’s strategic expansion into key markets like Indonesia.
about Binance Delists 3 Altcoins, Triggering Market VolatilityBinance Delists 3 Altcoins, Triggering Major Price Dumps
The cryptocurrency market witnessed another dramatic demonstration of the ‘Binance Effect’ as the world’s largest exchange announced the termination of trading services for three altcoins. Binance Futures will delist perpetual contracts for Kadena (KDA), Axie Infinity (AXS), and Theta Network (THETA), triggering immediate price collapses of 22%, 9%, and 8% respectively. This latest move underscores the immense power Binance wields over cryptocurrency valuations through its listing and delisting decisions.
about Binance Delists 3 Altcoins, Triggering Major Price DumpsBunni DEX Shuts Down After $8.4M Exploit
Bunni DEX has ceased operations following an $8.4 million exploit, marking the second major crypto project collapse this week after Kadena’s bankruptcy. The team cited insufficient funds to cover the extensive audit costs required for a secure relaunch. This shutdown highlights the persistent security challenges facing decentralized finance platforms.
about Bunni DEX Shuts Down After $8.4M ExploitKadena Scandal: Insiders Shorted KDA Before Shutdown
The cryptocurrency market faces one of its most dramatic collapses as Kadena’s sudden shutdown announcement triggered a 60% KDA price crash, revealing what appears to be a coordinated insider trading scheme. Explosive allegations from crypto analysts suggest team members leveraged short positions just before the closure announcement, while deeper investigations expose questionable financial practices, fabricated partnerships, and a web of corporate structures that raise serious concerns about the project’s legitimacy from its inception.
about Kadena Scandal: Insiders Shorted KDA Before ShutdownBunni DEX Shuts Down After $8.4M Hack, Second DeFi Closure
The decentralized finance sector faces mounting pressure as Bunni, a Uniswap v4-based decentralized exchange, becomes the second major DeFi project to cease operations within 48 hours following an $8.4 million exploit. The closure highlights the persistent security vulnerabilities and financial challenges plaguing the cryptocurrency ecosystem, with the Bunni team admitting they lack the substantial funds needed for security audits and monitoring required to safely restart the platform.
about Bunni DEX Shuts Down After $8.4M Hack, Second DeFi ClosureKadena Shuts Down, KDA Token Plummets 60%
The Kadena development team has announced it will cease all business operations immediately, triggering a massive sell-off in its native KDA token that erased nearly all of its five-year gains. Despite the company’s closure, the Kadena blockchain will continue operating under its decentralized proof-of-work structure maintained by independent miners and developers, though the loss of core leadership raises serious questions about the project’s long-term viability.
about Kadena Shuts Down, KDA Token Plummets 60%Kadena Token Delisted as Company Shuts Down Operations
Major cryptocurrency exchanges are removing Kadena’s KDA token from their platforms after the company behind the blockchain announced it is ceasing operations due to unfavorable market conditions. The token has plummeted over 65% following the news, reflecting investor panic and marking the end for a project once positioned as ‘the blockchain for business’ founded by former JP Morgan executives Stuart Popejoy and William Martino.
about Kadena Token Delisted as Company Shuts Down OperationsBitcoin Surge, GME Frenzy & Tether Debate Dominate Crypto Week
Bitcoin’s brief surge past $113,000, renewed GameStop trading frenzy, and ongoing Tether transparency debates are defining this week’s crypto narrative. Market intelligence from Santiment reveals these three topics dominating social discussions, highlighting a market where emotion and fundamentals collide. The Federal Reserve’s crypto-friendly remarks sparked capital rotation from gold to Bitcoin, while cross-market sentiment links meme stocks with speculative crypto assets amid ongoing governance debates and market collapses.
about Bitcoin Surge, GME Frenzy & Tether Debate Dominate Crypto WeekKadena Blockchain Shuts Down, Token Plummets 60%
The cryptocurrency market witnessed a dramatic collapse on Tuesday as the Kadena blockchain project announced its immediate shutdown, triggering a 60% plunge in its native token within just 90 minutes. The founding team cited unsustainable market conditions as the reason for ceasing all business operations and network maintenance, marking a sudden end to what was once considered a promising layer 1 blockchain platform in the decentralized ecosystem.
about Kadena Blockchain Shuts Down, Token Plummets 60%Kadena Blockchain Shuts Down, KDA Token Plummets 47%
The cryptocurrency market witnessed another dramatic collapse as Kadena, the blockchain platform founded by JP Morgan veterans, announced it is ceasing all business operations immediately. The KDA token price plummeted more than 47% following the shocking announcement, trading at just $0.121—a staggering 99% decline from its 2021 all-time high. This sudden shutdown marks the end of a once-promising blockchain project that emerged from the traditional financial world’s first serious foray into distributed ledger technology.
about Kadena Blockchain Shuts Down, KDA Token Plummets 47%Kadena Funds UK Startup in Bank of England’s Digital Sandbox
Kadena has deployed the first $400,000 grant from its $50 million ecosystem fund to CurveBlock, a UK startup pioneering tokenized real estate in the Bank of England’s Digital Securities Sandbox (DSS). The DSS, a joint effort by the Bank of England and the Financial Conduct Authority, allows blockchain-based financial instruments to operate under relaxed regulatory constraints until 2028. Kadena’s grant program, half of which is dedicated to real-world asset (RWA) tokenization, aims to bridge public blockchain infrastructure with institutional demand for compliant solutions. CurveBlock’s acceptance into the DSS and Kadena’s support signal a pivotal moment for tokenized real estate, with the global RWA market cap surging 260% to $23 billion. The project could influence regulatory frameworks in the UK, US, and EU, as major institutions like Goldman Sachs and BlackRock explore tokenized securities.
about Kadena Funds UK Startup in Bank of England’s Digital Sandbox