CoinGlass will retain its brand and team, while its website, app, free tools, API and pricing will remain unchanged following the acquisition. CoinMarketCap has acquired crypto derivatives data platform CoinGlass for an undisclosed amount, expanding its coverage of leveraged trading across major exchanges. CoinMarketCap announced Friday that CoinGlass will continue operating under its existing brand, with its team remaining in place. Its website, app, free tools, API and pricing will be unchanged. CoinGlass tracks open interest, funding rates, liquidations and options. It covers 28 exchanges and more than 2,500 instruments, according to the announcement. Read more
The stablecoin market cap topped $300 billion on CoinMarketCap, but discrepancies across platforms like CoinGecko and DefiLlama highlight challenges in tracking crypto assets. The stablecoin market is approaching a $300 billion capitalization, but figures differ widely across leading crypto data platforms, highlighting the challenges of measuring the fast-growing sector. The total stablecoin market cap reached $300 billion on CoinMarketCap (CMC) on Thursday, but CoinGecko reported $291 billion and DefiLlama showed $289 billion on Friday, displaying significant discrepancies. Rafaela Romano, ambassador at the crypto analytics platform Alphractal, told Cointelegraph that these discrepancies “will always exist” because each platform applies different methodologies when calculating market caps. Read more
According to a post on CoinMarketCap's X account, the malicious code has been removed, though the team insists the investigation into the incident is still ongoing. CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly removed a malicious popup notification on its website prompting users to verify their cryptocurrency wallets, according to a post on its official X account. “We’ve identified and removed the malicious code from our site,” CoinMarketCap said in a post on Friday. “Our team is continuing to investigate and taking steps to strengthen our security,” it added. Read more