Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a “liquidity provider” for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants.

eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the US Securities and Exchange Commission. In a statement, eToro co-founder and CEO Yoni Assia said that the settlement allows the company to “focus on providing innovative and relevant products across our diversified US business.”

In a recent affidavit, WazirX informed its users that only 441 have backed the moratorium appeal filed by its majority stakeholder, Zettai, in a Singapore court. WazirX also disclosed to Gadgets360 that it currently has two million monthly active users.

Bitcoin and Ether both recorded losses on Friday alongside Solana, Tron, and Dogecoin. On Indian exchanges like CoinSwitch and CoinDCX, Bitcoin is priced $60,708 (roughly Rs. 50.9 lakh).

On Thursday, September 12, Binance announced the launch of a ‘token unlock and vesting schedule’ feature. With its new feature, Binance has started displaying each token’s circulating supply, its unlocked and locked quantities and percentages, the next upcoming scheduled unlock, as well as a countdown timer. All of these are displayed next to the crypto names.

India led the way in global adoption of cryptocurrencies for the second straight year, a Chainalysis report has said. It showed India ranked high on usage of centralised exchange and decentralised finance assets from June 2023 to July 2024.

Indodax, an Indonesian crypto exchange was violated by hackers on Wednesday, September 11. Data shared by SlowMist showed that the amount stolen is estimated to be up to $21.95 million (roughly Rs. 184.3 crore).

London-headquartered Standard Chartered bank launched a custody service for digital assets in the UAE. As per Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, the newly launched service goes beyond just simple wallet offerings.

The overall valuation of the crypto market slipped by 0.51 percent in the last 24 hours. Bitcoin and Ether, both saw losses on Wednesday, September 11. Ripple, Dogecoin, and Cardano are among other cryptocurrencies that were hit with losses owing to the market volatility.

Taking advantage of the hype around Apple’s ‘Glowtime’ event on September 9, hackers deployed deepfake videos on YouTube to target potential victims. These fraudulent videos were designed to capture the attention of Apple enthusiasts searching online to stream the launch of the flagship iPhone 16 models.