Bittensor’s TAO token has plummeted by 16% over the past week and 37% over the past month. The network was put into safe mode following a significant network hack, halting all transactions. The attack involved fund transfers from user wallets. Recovery efforts include a code review and gradual resumption of normal operations, with ongoing updates […]
A group of Bitcoin Core developers has introduced a comprehensive security disclosure policy to address past shortcomings in publicizing security-critical bugs. This new policy aims to establish a standardized process for reporting and disclosing vulnerabilities, thereby improving transparency and security within the Bitcoin ecosystem. Several previously undisclosed vulnerabilities are also included with the announcement. What […]
The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap” […]
Following Bitcoin’s (BTC) dip below the $60,000 level, analysts are warning that the crypto king is at risk of moving even lower. The analyst pseudonymously known as DonAlt tells his 566,900 followers on the social media platform X that Bitcoin could remain bearish unless it reclaims a key level as support on the weekly chart. […]
July 3, 2024 – Bengaluru, India E Money Network, a modular RWA blockchain, has launched the biggest RWA grant program in the crypto space – totaling $2 million – to enable RWA projects to build on their blockchain and accelerate the development of the RWA economy. E Money Network’s architecture unlocks a world of possibilities […]
TL;DR Profitability High, But Anxiety Simmering: While Bitcoin took a tumble recently, investors are still sitting on big gains overall. However, short-term holders who bought in at higher prices might be feeling nervous as the price stalls. $60k: A Pivotal Point: The current price range around $60k is a critical zone to watch. If the […]
In response to new Turkish crypto regulations, Binance has announced crucial adjustments to its services
… cryptocurrency projects. Orlando, Florida–(Newsfile Corp. – July 3, 2024) – WNF.Agency (Wind and Fire Decentralized Advertisement Agency) …
The potential approval of Ethereum and Solana ETFs has led to growing excitement in the crypto world. Smart money investors are eying these ETFs and making strategic moves into altcoins like RCO Finance (RCOF), which are set to leverage the development to record explosive growth. Read on to explore how RCO Finance (RCOF) has successfully […]
TL;DR Cardano (ADA) rose 4% this week, with one analyst predicting a potential 70% spike due to a bullish pattern. Indicators suggest the asset could see further gains, with some signaling a significant price increase by early 2025. Is It Time for ADA to Shine? Most leading cryptocurrencies have plunged substantially in the past week, […]
Cryptocurrency exchange Coinbase is partnering with Greengage, a London-based financial services provider for small and medium enterprises (SMEs), to originate SME debt using the Coinbase Diamond protocol. This collaboration seeks to utilize blockchain technology to provide SMEs with access to capital, promising a more efficient and transparent financing solution. Targeting SME Financing Speaking about this […]
EIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transactions are revealed on time.
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened its stance on the use of cryptocurrencies in international payments. She also mentioned ongoing efforts to […]
Russia is reportedly considering using stablecoins to make international payments, according to state-run media. According to a new report by Russian state publication Izvestia, Russia is looking to legalize the use of stablecoins to make cross-border payments. The report didn’t mention what type of stablecoins the Russian government is considering. The Deputy Chairman of Russia’s […]
Interoperability blockchain project Polkadot (DOT) is reportedly spending massive amounts of money on outreach and marketing. According to the project’s new treasury report, $37 million was spent in the first half of 2024 to increase interest in the Polkadot ecosystem. “$37 million was spent on ‘outreach.’ But what do we mean by that? Under outreach, […]
Karate Combat, a premier full-contact striking league, is set to feature at Bitcoin 2024, the world’s largest Bitcoin conference, later this month in Nashville, Tennessee. The event will take place at the Nashville Municipal Auditorium on July 25th, starting at 6:00 PM ET. “Feel the intensity of every kick, punch, and block as world-class martial […]
Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Cheap Gas Fuels The Fire Analysts attribute the […]
Rapid price drop not what we expected
IRD had identified 227000 cryptocurrency users in NZ who made about 7 million transactions with a value of $7.8b in the last tax year.
It’s unclear what a Labour Party government could mean for digital assets in the U.K., but according to one poll, many voters want politicians to consider the industry.
TL;DR Bitcoin continues to decline, falling below $60,000, a 3.1% decrease in the last 24 hours. Mt. Gox is expected to release up to 140,000 BTC this week, which could add downward pressure on BTC prices. The market for US election-themed meme coins has suffered significant drops, with several tokens losing up to 95% of […]
TL;DR According to SlowMist, the second quarter of 2024 saw a alarming increase in security incidents in the crypto industry, with 467 cases of stolen funds. The main causes include leaks of private keys stored in cloud services and downloading fake wallets from unofficial sources. Advanced phishing and honeypot schemes have also significantly risen. According […]
Robinhood Markets Inc., the popular commission-free trading platform, is making moves in expanding its cryptocurrency offerings and geographical reach. The company has launched its services in Hawaii, Puerto Rico, and the US Virgin Islands, while simultaneously exploring the possibility of introducing cryptocurrency futures trading in both the United States and Europe. Robinhood Expands Crypto Offerings, […]
Fear surrounding the repayments of defunct crypto exchange Mt. Gox is most likely overblown, according to analysts at digital asset management firm CoinShares. Mt. Gox was the world’s largest Bitcoin exchange at one point before abruptly going bankrupt and “losing” most of its coins due to theft. The exchange ultimately recovered most of its coins […]
Matthew Sigel, the head of digital assets research at investment giant VanEck, has confirmed that his firm’s Solana (SOL) exchange-traded fund (ETF) filing is a bet on Donald Trump winning the presidency. VanEck became the first company in the United States to file for a SOL ETF when it submitted an S-1 registration statement to […]
BlockDAG Blasts Off with 1300% Surge: Tron and Stellar Left in the Crypto Dust Tron (TRX) has recently climbed above Shiba Inu in market capitalization, signaling its swift ascent. Stellar (XLM) enthusiasts keep their spirits high despite market ups and downs, fueled by the coin’s trailblazing features. Yet, BlockDAG (BDAG) steals the spotlight as the […]
With Bitcoin trading sideways over the past few months, traders are waiting for their signal to re-enter the market before crypto reclaims its bullish momentum from earlier this year. In a Wednesday memo, an analyst from CryptoQuant highlighted one signal worth looking at: stablecoin liquidity. Stablecoins: The Key To Driving Bitcoin Higher “The bottom line […]
The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment on Monday, finding that the defendants misrepresented the performance of their crypto funds, operated a […]
In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin. These developments have sparked intrigue in political circles and garnered attention within the cryptocurrency industry. Biden’s […]
Bitcoin price struggles to trade above $60,000, and the bullish setup displayed by altcoins is also beginning to crumble. Is the bull market coming to an end?
Another 832 Bitcoin (BTC) discarded by German government
FILE PHOTO: A representation of cryptocurrency Ethereum is seen in this illustration taken August 6. The second-largest cryptocurrency after …