Kamino Lend has reached a major milestone, generating a total of $26 million in interest for its lenders. This achievement underscores the platform’s growing popularity and the robust returns it offers to users. The majority of the interest earned on Kamino Lend comes from two key assets: USDC and SOL. Lenders have generated $14.7 million […]
Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran, is encouraging the use of local currencies to strengthen […]
A crypto analyst has pinpointed the $66,000 mark as a crucial level for the Bitcoin price and its trajectory over the coming weeks. Bitcoin Price Needs To Climb Above $66,000 — Here’s Why Popular crypto pundit Ali Martinez took to the X platform to share an interesting on-chain observation for the price of Bitcoin. This […]
Buterin’s recent transfer of 1,100 ETH to exchanges coincides with the Ethereum Foundation’s Ether sales worth over $200 million.
Peter Diamandis is the founder of X Prize and Singularity University, a high tech business incubator with a focus on how AI is shaping the future. On Sunday, Diamandis asked the question to his 262K+ followers on X. Many of the answers were very illuminating. One replier pointed out that Bitcoin has never failed to […]
Crypto community has witnessed substantial Ethereum exchange outflows
Keith Meador and his wife were standing outside their McLouth home in December 2022, preparing to go out for the night, when they clearly heard …
The majority of crypto owners in the US support Donald Trump over Kamala Harris despite the former president being behind in a new national poll. According to a recent poll conducted by Fairleigh Dickinson University (FDU), US crypto owners are embracing Trump as their candidate for the upcoming presidential election as he holds a double-digit […]
A US judge tossed the class action lawsuit accusing Elon Musk and his company Tesla of manipulating the Dogecoin (DOGE) market. A group of disgruntled DOGE investors sued Musk in 2022, accusing the business magnate of orchestrating a pump-and-dump via a series of public comments about the popular memecoin. Musk’s lawyers have filed multiple motions […]
Microsoft recently detected a North Korean cyber group, Citrine Sleet, exploiting a security vulnerability in Chromium-based browsers, including Google Chrome. This flaw allowed attackers to execute malicious code on compromised devices. Citrine Sleet used advanced tactics, such as fake cryptocurrency websites, to conduct their attacks. North Korean Cyber Group Citrine Sleet Exploits Chromium Zero-Day Vulnerability […]
The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August. As of this writing, the premier cryptocurrency is valued at $59,131, with no significant price change in the past day. Interestingly, the Bitcoin price appears to be nearing a bottom and […]
The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.
In a surprising turn of events, the Republican front-runner for president, Donald Trump, took to his X to make some announcements which included a claim to make the US the “crypto capital of the planet”. The crypto community reacted crazily to this, as this post injected a fresh wave of optimism into the ongoing dull […]
TL;DR Inter Miami named Polkadot its Global Training Partner, featuring its logo on training gear. DOT’s price remained largely unchanged following the news. The Terms of the Deal Inter Miami – one of the major American soccer clubs – teamed up with the blockchain software platform Polkadot. The latter will serve as the team’s Global […]
JAN3 CEO Samson Mow addressed crypto community with Bitcoin-related reminder
Friday September 20, 2024: After falling victim to an online scam and losing a significant amount of cryptocurrency, I was devastated and didn't.
Former FTX executive Ryan Salame has withdrawn a previous court filing accusing the US government of walking back its promise not to prosecute his partner, but a judge has scheduled a hearing on the matter anyway. Salame is the former co-CEO of FTX Digital Markets, the Bahamian subsidiary of the bankrupt crypto exchange. Last year, […]
Cardano (ADA) is approaching a crucial support level at $0.3389, a point that could determine its next major price movement. As the cryptocurrency nears this significant threshold, the question arises: will it hold firm, or will a break below signal a deeper decline? This pivotal moment could set the stage for significant shifts in ADA’s […]
The messaging app had about four million premium users at the end of 2023.
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had the highest exploit total loss of just over […]
After a record-breaking 2021, one of Europe’s oldest cryptocurrency exchanges experienced two consecutive years of significant unprofitability. The British branch of Luxembourg-based Bitstamp recently published its 2023 results, showing a revenue decline to just under €8 million and a net loss of €19.7 million. Bitstamp Endures Challenging Two Years of Crypto Winter Bitstamp Limited, registered […]
There is no need to say that Bitcoin price is a key market determiner. With Bitcoin’s recent dip, many investors are now considering taking their money to low cap meme coins like Floki and Raboo ($RABT), both of which are doing well. While Floki is currently bearish, Raboo is taking center stage with its fantastic […]
Next Cryptocurrency To Explode. Attention in the crypto market in the coming month will go toward the altcoin and meme coin sectors and making the …
Banking giant Wells Fargo reportedly drove a customer’s account into the negative for days over confusion about a paper check. Sacramento resident and longtime Wells Fargo customer Gerald Monroe Mann says he wrote a $400 check – and soon after discovered $4,000 had been withdrawn from his account, reports CBS News. After spending hours on […]
The layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to the analytics firm Santiment. Santiment notes that MultiversX, formerly known as Elrond, registered 228.73 notable GitHub events in the past 30 days. The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) was second, clocking 195.03 events. Wrapped Nine […]
In a concerning trend, TRM Labs found that illicit activity at crypto ATMs is significantly higher than in the broader crypto industry. This has prompted law enforcement and regulators across the world to leverage blockchain intelligence to investigate fraud and financial crime involving these machines. Increasing Illicit Activity at Crypto ATMs According to the latest […]
Quidax becomes first cryptocurrency exchange in Nigeria to receive provisional operating license from Securities and Exchange Commission
The crypto market has seen some recovery over the last few days, with the weekend becoming one of its most bullish periods. However, despite the notable rise in the crypto market, crypto analyst Alan Santana has warned of a potential crash that could send the market spiraling. This crash, if materialized, could see the crypto […]
Scientists are using quantum algorithms to uncover new insights into how our brains learn and apply information.
The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has been shrouded in secrecy for quite a while, has now revealed another development—the launch of an “epic meme contest.” The news broke on the social media platform X, where the World Liberty Financial account shared, “To celebrate President Trump’s tweet about us yesterday, […]
IREN (NASDAQ: IREN) just became yet another publicly-listed Bitcoin (BTC) miner from Wall Street, which significantly increased its revenue over the last year, benefiting from higher cryptocurrency prices. According to the results for the fiscal year ended June 30, 2024, revenues grew by 145%, and the number of mined BTC increased by 30%. IREN Reduces […]
Ripple’s recent strategic alignments with major banks and the potential adoption of its new stablecoin, RLUSD, could signify a transformative moment for XRP’s growth. As Ripple positions itself within the stablecoin market, its latest developments hint at a promising future for both the company and the broader XRP ecosystem. Ripple has successfully minted and tested […]