Former US president Donald Trump says he is planning to release a new series of non-fungible tokens (NFTs) following the success of his previous collections. In an interview with Bloomberg Businessweek, the Republican presidential candidate says he will launch a fourth NFT collection as he sees demand for a new one. “I did things like […]
Shiba Inu marks first death cross in 2024, but there’s silver lining
Cryptocurrency is a digital currency that generally exists only electronically. It's stored in a digital wallet, which can be online, on your …
Bitcoin wakes up at the Wall Street open with bulls in the driver’s seat for another snatch at the highest BTC price levels since mid-June.
RippleX, the portal designed to empower developers in the XRP Ledger ecosystem, shared an important update today that requires action from certain users. In a post to Twitter, RippleX took the opportunity to remind people that anyone operating a node on XRPL has to upgrade to the latest version of Rippled in order to ensure […]
Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In […]
A closely followed crypto analyst says that one altcoin that has seen gains of over 120% in two weeks is gearing up to continue its upward momentum. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 217,800 followers on the social media platform X that Cosmos (ATOM)-based GameFi project Dymension (DYM) looks […]
Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exchange counterparty risk, marking a substantial step in risk mitigation for over-the-counter transactions in the cryptocurrency market. The collaboration is expected to improve the […]
TL;DR SEC Cancels Closed-Door Meeting: The U.S. SEC unexpectedly canceled a closed-door meeting originally scheduled for July 18, leaving the Ripple-XRP community in suspense. Settlement Speculation: The meeting’s agenda included settlement discussions, fueling rumors of a potential resolution between the SEC and Ripple. Spot Ethereum ETF Approval: Coinciding with the cancellation, XRP’s price dropped, and market participants […]
TL;DR BIS Targets Stablecoins: The Bank for International Settlements (BIS) has issued amendments to its crypto asset standards, focusing on stablecoins like USDT and USDC. Regulatory Preferences: Stablecoins on permissioned blockchains will receive favorable regulatory treatment, while those on permissionless blockchains face stricter scrutiny. Industry Concerns: The crypto community fears that these changes could hinder […]
Social media is going crazy following rumours that Trump is adding Bitcoin as a strategic reserve asset. Two renowned crypto founders and Bitcoin advocates have stated the rumours are true and have credible sources to back these claims. Despite being rumours, it makes sense given Trump’s recent 180 on crypto. Rumours on social media that […]
Polygon has sent out a save-the-date – September 4 will mark the official transition from MATIC to the network’s new token standard, POL. POL will replace MATIC for all major ecosystem uses, including validating and paying gas fees. Those holding MATIC on the Polygon blockchain will find their tokens upgraded automatically, while ERC-20 standard owners […]
The 2024 US presidential elections race between Donald Trump and President Joe Biden has gone through various market predictions and forecasts, with Trump topping the charts to reach an all-time high of 70% chance of winning the presidential race as a result of an attempted assassination on him during a rally in Pennsylvania. Trump Presidential […]
Fed officials have delivered key remarks with implications for crypto market
Indian cryptocurrency exchange WazirX has confirmed that it was the target of a security breach that led to the theft of $230 million in …
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals.
A crypto strategist who nailed the Bitcoin pre-halving correction this year thinks BTC is now entering an uptrend. Pseudonymous trader Rekt Capital tells his 484,100 followers on the social media platform X that Bitcoin has convincingly broken out of a descending trendline on the daily chart. “The Bitcoin downtrend is over. A new Bitcoin uptrend […]
An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset. Bitcoin Is Back Above The Realized Price Of Short-Term Holders As explained by CryptoQuant community manager Maartunn in a new post on X, BTC has reclaimed the Realized Price […]
WazirX, the largest Indian cryptocurrency exchange, was hit by a security breach in one of its multisig wallets on Thursday. The incident resulted in the loss of over $230 million from the multisig wallet. Over $230 Million Stolen in WazirX Breach The company announced the attack in a post on X: At WazirX, our commitment […]
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that its platform remains secure and that all malicious […]
Inactive Bitcoin wallet has come back to life after 11 years of dormancy
South Korean cryptocurrency exchanges are racing to implement new monitoring systems as the country’s first comprehensive law on virtual asset user protection is set to take effect this Friday, July 19. The Virtual Asset User Protection Act (VAUPA) introduces stringent regulations aimed at preventing unfair trading practices in the crypto market. South Korea Tightens Crypto […]
Foley & Lardner LLP partner Patrick Daugherty offered insight on the prospects of a shift in U.S. regulatory approach to cryptocurrency in.
A crypto exchange based out of India has confirmed a multi-million dollar security breach on a multi-sig wallet. According to the India-based exchange WazirX, the incident has led the exchange to temporarily halt Indian rupee (INR) and crypto withdrawals. “Update: We’re aware that one of our multisig wallets has experienced a security breach. Our team […]
A crypto trader inked more than 16x profit and made millions on a Donald Trump-inspired memecoin that has exploded in value this year. The crypto tracker Lookonchain notes that a wallet suspected to belong to the pseudonymous trader Gigantic Rebirth spent 540,700 worth of the top stablecoin USDT to buy 1.08 million MAGA (TRUMP) at […]
TL;DR WazirX Cyber Attack: Indian cryptocurrency exchange WazirX suffered a major cyber attack, resulting in the loss of approximately $235 million in digital assets. The breach targeted WazirX’s multi-signature wallets. North Korean Hackers Involved: Blockchain analytics firm Elliptic linked the theft to hackers with ties to North Korea. ZachXBT’s analysis also suggests the attack bears […]
XRP witnessed a sudden sell-off today, declining over 10% The coin still conserves some of this week’s gains at 22%. Ripple CEO Garlinghouse criticised how crypto has become a political issue. XRP is bleeding, losing a good chunk of its gains this week at press time. Data from CoinMarketCap shows XRP has declined to $0.5521 […]
BRETT Price Dips and Solana Coins Rise, But Traders Move To MOONHOP’s 4900% Growth The current waveforms of BRETT price, as pinpointed by Crypto News Flash, reveal the inherently unpredictable character of meme coins amidst fluctuating broader market conditions. In tandem, Ambcrypto’s recent spotlight on the introduction of Tequila Julio to the Solana blockchain heralds […]
What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies?
Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to […]
DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired another large batch of Bitcoin (BTC) after making the asset a core part of its treasury strategy last month. The company announced Thursday that it had purchased another 94.34 BTC for its balance sheet, adding to the 110 BTC it first acquired in […]
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have already blocked a few deposits and reached out to concerned wallets for recovery,” the crypto […]