According to the blockchain analytics platform Lookonchain, a crypto trader suffered a phishing attack that swooped over 180 million BEAM tokens on Wednesday and affected the token’s price. 180 Million BEAM Tokens Stolen In an X (former Twitter) post, Lookonchain exposed a new crypto scam that had occurred on February 15. As the analytics platform […]
Skybridge Capital founder Anthony Scaramucci is doubling down on his “conservative” six-figure price prediction for Bitcoin (BTC). In a new interview with Bloomberg Television, the hedge fund veteran says that he continues to believe that the crypto king could hit a cycle top of at least $170,000 months after the halving event in April which […]
Bitcoin is booming, investor interest in BTC derivatives is fast approaching an all-time high, and crypto exchanges are reaping the benefits of a surge in Bitcoin trading activity. So why has Binance already arrived at the seemingly urgent “free car giveaway” stage of business development? On Friday, the crypto exchange announced its Futures Ultimate Challenge, […]
The crypto market is, once again, filled with enthusiasm as it resumes its bull run. While many cryptocurrencies are raking in profits for investors, Hedera (HBAR) and Stacks (STX) stand out for their impressive gains. Notably, both cryptocurrencies have registered substantial gains surpassing 10% in the past week alone with Stacks surging as high as […]
US banking giants are writing a joint letter to the U.S. Securities and Exchange Commission (SEC) arguing for spot Bitcoin (BTC) exchange-traded fund (ETF) custodianship. The letter, which was sent on Valentine’s Day by four industry leaders, addresses SEC Chairman Gary Gensler and asks him to modify a law passed in 2022 (SAB No. 121) […]
A cloud-focused Web3 altcoin has surged ahead of all other crypto projects in terms of recent development activity, according to the analytics firm Santiment. Santiment says the public decentralized network Internet Computer (ICP) registered 466.9 GitHub commits in the past 30 days, leading all other crypto projects. The analytics firm notes that it does not […]
Scammers have taken their tactics to the next level and are now using real funds in address poisoning attacks. A recent incident where a victim lost nearly $50k was brought to light through a post on X by Cyvers Alerts, a platform dedicated to raising awareness about online threats. Crypto Users Targeted with Real ETH […]
This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational hashrate. Terawulf disclosed that its self-mining business has escalated to 7.6 exahash per second (EH/s) this month. Concurrently, Cleanspark announced an enhancement in its fleet-wide operating hashrate, surpassing 14 EH/s. Terawulf Hashrate Reaches 7.6 EH/s […]
Founder of IOG and Cardano warned whole cryptocurrency community
California-headquartered Coinbase (Nasdaq: COIN) has reported a profit of $273.4 million or $1.04 per share in the fourth quarter of 2023, beating an expected loss of expected loss of 1 cent per share, according to LSEG data. It was the first quarterly profit of the crypto exchange since 2021. For comparison, the exchange generated a […]
At the Exchange ETF conference in Miami Beach, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged in a discussion with CNBC’s Bob Pisani on the future of spot Bitcoin ETFs and their integration within diversified portfolios. $150 Billion Ready To Enter […]
Cryptocurrency, and especially Bitcoin, is gaining real traction in Spain, not just in the tech space but in day-to-day activities as well. Its rapid growth isn’t limited to those playing the market; regular folks are jumping on the bandwagon too, eager to find fresh and savvy methods to handle their money. Still, figuring out who […]
This resulted in a 64% increase in transaction revenue for cryptocurrency exchange Coinbase to $529.3 million in Q4. “Results this quarter were …
The blockchain industry continues to evolve, with decentralization at the core of its ethos. In this context, the decentralization aspects of Cardano (ADA) and Polygon (MATIC) offer a glimpse into the future of blockchain technology. Meanwhile, the emergence of projects like Meme Moguls (MGLS) highlights the innovative and community-driven approaches to blockchain and cryptocurrency. Cardano’s […]
GiveCrypto, an initiative founded by Coinbase CEO Brian Armstrong “to make direct donations to people in need”, has made a significant donation of $3.6 million to Brink, a non-profit organization dedicated to funding Bitcoin developers. Brink is excited to announce a $3.6m donation to our #Bitcoin development funding efforts from GiveCrypto! Thank you to @brian_armstrong and […]
VeChain (VET) has seen a remarkable surge in value, gaining 53% in seven days and 29% in the past 24 hours. An upcoming announcement and significantly heightened interest and social media buzz surround the project. Popular trader Ali predicts a correction until June followed by a bullish trend for VET towards the end of 2024. […]
[PRESS RELEASE – Dubai, UAE, February 16th, 2024] CoinMarketCap Research, the research arm of leading crypto data aggregator CoinMarketCap, published a report covering an in-depth analysis of BitTorrent Chain (BTTC), an EVM-compatible, proof-of-stake layer-2 chain designed to address scalability issues and facilitate interoperability across blockchains. It is a collaborative project between TRON and BitTorrent, leveraging […]
PRESS RELEASE. February 16, 2024 – I Am Hip Hop TV, a pioneering startup dedicated to revolutionizing digital media distribution, announces its strategic approach to enhancing brand visibility and driving engagement across major social media platforms. With a focus on inciting meaningful user interaction that translates into increased awareness and sales conversions, the company has […]
Worldcoin (WLD), crypto project initiated by Sam Altman, has witnessed unprecedented surge
There’s plenty of talk recently about crypto going mainstream, triggered especially by events around spot bitcoin ETFs in the US. These products were approved and launched in January, which is significant in itself, but what has followed is a hugely impressive start, which has seen net flows for all BTC ETFs cumulatively surpass $3 billion, […]
The crypto world is always buzzing, and this week, it’s the Shiba Inu-inspired BONK, built on the Solana blockchain, making the headlines. Its price has experienced a remarkable jump, exceeding 30% in just the past week, fueled by whispers of potential listings on two major platforms: Revolut and Robinhood. The Spark That Ignited The Frenzy […]
Several companies operating in the cryptocurrency sector are the target of a newly discovered Apple macOS backdoor codenamed RustDoor.
TL;DR Bitcoin leads the migration of capital to digital, driven by figures such as Michael Saylor. Bitcoin’s resistance to external factors makes it a safe haven from the volatility of traditional assets. Companies like MicroStrategy see significant growth in their Bitcoin investments, while major investors continue to accumulate the cryptocurrency at a frenetic pace. The […]
TL;DR Bitcoin mining difficulty reaches a record high of 80 trillion, indicating greater complexity in creating new blocks. The hash rate of the Bitcoin network exceeds 562.81 EH/s, demonstrating growing competition among miners and strengthening the security of the network. The next Bitcoin halving, in April, will reduce mining rewards by half, which may affect […]
Somebody, somewhere, at some point decided they would destroy the competition by creating a barrier to entry. They made the barrier high so they could feel safe. It is logical to put a fence around your property, and perfectly fine to do so. The problem is when you put a regulatory fence over something that […]
Cryptocurrency, where fortunes can be made overnight, a notable Dogecoin (DOGE) millionaire has turned the spotlight onto a trio of promising ventures: Internet Computer (ICP), Retik Finance (RETIK), and Option2Trade (O2T). Each of these platforms brings something unique to the table, from groundbreaking computing solutions to innovative DeFi advancements and the integration of A.I. in […]
Mimblewimble-based privacy coin Beam (BEAM) experienced a 7% price slump earlier today due to large offloading by a single wallet address. A tweet by blockchain analytics platform Lookonchain revealed that the offloaded assets were stolen in a phishing attack that occurred on February 15. BEAM Holder Falls for Phishing Attack According to Lookonchain, the phishing […]
A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds light on the economic barriers to 51% attacks, challenging previous assumptions about blockchain vulnerability. Unveiling the Cost of Compromise: […]
MicroStrategy’s Bitcoin holdings are now valued at around US$10 billion, with US$4 billion in profits. The company, co-founded by Michael Saylor, began accumulating BTC at the height of the COVID crisis after Saylor learnt about it during lockdown; it now holds 190,000 BTC. BTC has been the best-performing investment of all major asset classes in […]
Federal Reserve Gov. Waller praised digital currencies at an event in the Bahamas yesterday, contrasting the usual criticism from US regulators. Waller believes that DeFi integration with fiat currencies could strengthen the US dollar, rather than destabilise it. In a humorous aside, Senator Elizabeth Warren’s office seemingly flew a flag commemorating Satoshi Nakamoto on Bitcoin’s […]
Solana reboots bullish sentiment ahead of potential $140 rally
Bithumb Korea, the operator of South Korea’s second-largest cryptocurrency exchange Bithumb, faces a setback as it fails to secure a deal with major local lender KB Kookmin Bank for the issuance of real-name accounts, potentially hindering its efforts to attract more traders. Major Banks Yet to Forge Alliances with Exchanges Under the Act on Reporting […]