KyberSwap, the decentralized exchange protocol, managed to recover $4.67 million after facing a recent security attack that resulted in the loss of $47 million from its concentrated liquidity pools last week. The cybersecurity incident had a negative impact on KyberSwap, leading to fund losses through its Elastic pools, affecting various blockchains, including Arbitrum, Optimism, Ethereum, […]
TL;DR XRP Leads on Uphold: Ripple’s XRP has become the most traded digital asset on Uphold, surpassing major cryptocurrencies like Bitcoin and Ether, with significant user engagement. Dominance in U.S. Markets: Earlier, XRP emerged as the most traded altcoin on US-based cryptocurrency exchanges, indicating its growing popularity. Ripple-Uphold Partnership: The partnership between Ripple and Uphold […]
A closely followed crypto analyst says that close to $1 billion worth of Bitcoin (BTC) has been pulled from crypto exchanges in recent weeks as deep-pocketed investors simultaneously stockpile Ethereum (ETH) and XRP. Crypto analyst Ali Martinez says on the social media platform X that market participants have been yanking large amounts of BTC from […]
Presidential candidate Robert F. Kennedy Jr. is issuing a warning about central bank digital currencies (CBDC) and the threat they pose to financial freedoms. In a new interview with Peter McCormack on the What Bitcoin Did podcast, Kennedy says that CBDCs could take away personal freedoms by allowing governments to track every aspect of someone’s […]
Smart contracts are the heart of the entire blockchain industry, from meme coins to complex DeFi platforms. These automated programs, however, face the persistent threat of cyberattacks, which often lead to significant financial and reputational losses. The best defense, according to a team of researchers, is artificial intelligence. “Lightning Cat” is a novel solution that […]
A widely followed crypto strategist thinks that the interoperable blockchain ecosystem Cosmos (ATOM) is primed for a move up. Pseudonymous analyst Kaleo tells his 606,800 followers on the social media platform X that he’s bullish on ATOM as he believes that the altcoin is “due for a squeeze.” “I’m long.” Source: Kaleo/X Looking at the […]
Angelo Babb, a leading expert in blockchain technology, presented an insightful analysis of blockchain's influence beyond the realm of cryptocurrency …
The XRP community is abuzz with discussions of potential price manipulation. This debate is fueled by observations from key figures from the XRP army, who are raising concerns over unusual price patterns despite significant developments. XRP Price Manipulation: The Initial Spark Edward Farina, XRP Healthcare’s Head of Social Adoption, first brought this issue to light. […]
Controversial pundit has made another urgent call to ditch traditional currency systems in favor of gold, silver and Bitcoin
OKX has launched its cryptocurrency exchange and Web3 wallet in Brazil. This move aims to offer access to decentralized finance services and cryptocurrency trading to users in the country. OKX will provide access to hundreds of cryptocurrencies for trading in Brazil. OKX’s President, Hong Fang, mentioned: “Our exchange now offers BRL rails, deep liquidity, tools, […]
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21.
The new CEO of the world’s largest crypto exchange by trading volume foresees strength ahead for crypto and his company. Fortune reports that Changpeng Zhao’s successor at Binace, Richard Teng, says that Binance’s move towards compliance will pay off in the long term, positioning the company to claim a bigger share of the growing crypto market. […]
The latest developments in the legal case against the former CEO of Binance, Changpeng Zhao, revealed the possibility that Zhao could face a sentence of up to 10 years in prison. The information emerged on November 24 when prosecutors claimed that Zhao voluntarily appeared in the United States to face justice. Although initially believed that […]
The Hamas terrorist organization has found a new cryptocurrency network to finance its attacks against Israel. The Iran-backed militant group has moved its activities from Bitcoin to Tron, a faster and cheaper blockchain. According to a Reuters report, interviews with financial crime experts and blockchain specialists revealed that more groups designated as terror organizations by […]
Exploring the Rise and Potential of Fantom Price in the Cryptocurrency Market. Within the dynamic realm of cryptocurrencies, Fantom (FTM) has rapidly …
Blast is the latest Layer 2 network to burst into the scene in the last week and has taken the decentralized finance (DeFi) world by storm already. This network which seemingly came out of nowhere has backing from Paradigm, and as its popularity has risen, it has surpassed Base and Cardano’s Total Value Locked (TVL) […]
Artificial intelligence is in the spotlight again as 18 of the world’s nations ink an agreement that would make AI ‘secure by design’ and protect users. The United States, Britain, Australia, and over a dozen other countries unveiled an agreement on Nov. 26 containing guidelines for keeping artificial intelligence (AI) safe and secure. Safe Artificial […]
Bitcoin needs one more push before hitting $40,000
Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers.
In recent years, the African continent has been at the forefront of a financial revolution marked by the exponential growth of mobile money. This growth has paved the way for a series of dynamic partnerships between Mobile Network Operators, cryptocurrency exchanges, and payment solution providers. Africa’s Vast Digital Potential One such example, and a noteworthy […]
A new alternative to the popular artificial intelligence (AI) chatbot ChatGPT has just been deployed on the Cardano (ADA) blockchain. The team behind the Cardano GPT project, which builds blockchain-focused AI products, says the first internet-enabled generative chatbot called Girolamo is now in the beta phase. The AI is named after Italian polymath Girolamo Cardano, […]
In the last month, Dogecoin (DOGE) has observed a notable upswing in transactions surpassing the $100,000 mark, coinciding with a substantial surge in the price of this meme-based cryptocurrency. The abrupt increase in both transaction volume and price suggests a heightened level of interest in Dogecoin, particularly from major financial entities recognized as “whales” and […]
In the past 24 hours, the Terra Classic (LUNC) price has shocked the market with a sudden 50% pump, hitting the $0.000116 level. LUNC has seen a remarkable resurgence thanks to multiple catalysts, but sustainability remains a question mark hanging over the token’s future trajectory. This article analyzes the drivers behind Terra Classic’s pump and […]
Market Dynamics. Cryptocurrency is changing the way people bet online in a big way. More and more people are using digital money for Bitcoin betting …
Over the past 24 hours, the meme cryptocurrency Shiba Inu (SHIB) has seen a dramatic increase in its token burn rate, evidencing a concentrated effort by the community to reduce the number of tokens in circulation. According to data from Shiba Inu burn tracker Shibburn, the burn rate increased by an extraordinary 17531.47%, which meant […]
Last week, digital asset investment products like Bitcoin and Ethereum experienced a significant increase, with total inflows reaching $346M. This marks the largest weekly inflow during the current 9-week streak. The surge in inflows is largely driven by the expectation of a spot-based ETF launch in the US, a trend reminiscent of the late-2021 bull […]
When can traders expect further rise of Ethereum (ETH)?
Greed, irrationality and anxiety have contributed to chaos in the crypto market. Investors should work on self-improvement if they want the industry to succeed.
A widely followed crypto analyst says that Ethereum (ETH) is fast approaching a major turning point that could see it collapse against Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 788,000 YouTube subscribers that the ETH/BTC ratio will reach a “decision time” as soon as early next week. “Decision time […]
Binance’s Former CEO, Changpeng Zhao (CZ), is embroiled in a contentious debate with the US Department of Justice (DOJ) following his guilty plea for breaking anti-money laundering laws in the US. Although the DOJ is not advocating immediate incarceration, it has opposed CZ’s departure from the United States, Coindesk reported. The Justice Department has cited […]
Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine. This pool, built on the open-source Stratum Reference Implementation (SRI), aims to usher in a new era for mining by introducing enhanced security, flexibility, and performance. The Stratum V2 protocol marks a significant leap forward […]
In a bold move, Cosmos co-founder Jae Kwon has called for a significant shift in the blockchain’s direction following the controversial passing of NWV #848. This proposal was approved by the community’s voting mechanism, earning around 40% of the votes, and it was aimed at changing the blockchain’s native token inflation rate. Kwon, expressing his […]