A US hacker convicted of plundering more than $12 million worth of crypto assets from two decentralized exchanges (DEXs) was sentenced to three years in prison. In July 2022, Shakeeb Ahmed, a security engineer, used fake pricing data to generate approximately $9 million worth of inflated fees on an unnamed DEX, according to the U.S. […]
Did you know that there are mobile games that pay real Bitcoin for playing? These are legit games that you can download from the iOS App Store or Android Play Store, and as you play the game and watch ads between rounds or levels, you’ll stack up satoshis (aka the smallest denomination of a Bitcoin). […]
Cryptocurrency is not banned in Vietnam but it is necessary to develop a legal framework to ensure its on-track development and prevent risks, …
The bullish momentum of the Bitcoin price has dwindled over the past few weeks, putting the progression of the crypto bull cycle into question. On Friday, April 12, the crypto market witnessed a flash crash, causing the premier cryptocurrency’s value to drop from $70,000 to below $67,000. This latest downturn underscores the struggle of the […]
DAGpaper Launch – BlockDAG Presale Hits $16.6M: Pioneering Crypto Investment Alongside ETH and NEAR Protocol Insights BlockDAG is making headlines in the 2024 cryptocurrency presale arena, standing out alongside giants such as Ethereum (ETH) and NEAR Protocol as a prime investment choice. With a groundbreaking approach to blockchain innovation, BlockDAG Network‘s early presale phases have […]
Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week that he believes the price […]
Spikes in inflow often precede price bottoms
Bitcoin’s price took a massive turn to the worse yesterday with a decline that pushed it south by about five grand in hours. The altcoins’ losses were even more significant, which is evident by the rising BTC dominance. Many meme coins dumped by over 20%. BTC’s Crash The business week was actually going relatively well […]
The following is an essay originally published on Unchained.com by Dhruv Bansal, CSO and Co-founder of Unchained, the Official US Collaborative Custody Partner of Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Click here to download a PDF of this 7,000 word […]
TL;DR Bitcoin Ordinals projects merge blockchain technology, art, and financial innovation. They allow tokenizing specific portions of satoshis, granting unique digital assets with verifiable provenance on the BTC blockchain. Each Bitcoin Ordinals project features unique characteristics ranging from decentralization to meme culture and abstract craftsmanship. Bitcoin Ordinals projects are the perfect example of the fusion […]
With the massification of the use of blockchain technology and Decentralized Finances (DeFi), the congestion of the Ethereum network, being this the main platform for this type of finance, generated scalability problems and high costs for users. That is why projects like zkSync have burst with force, offering solutions for all these aspects. If you […]
Cryptocurrencies experienced significant losses on April 12 and altcoins unusually dominated cryptocurrency liquidations, over Bitcoin (BTC).
As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements […]
A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect the price of bitcoin to be above $75,000 by year-end. Deutsche Bank’s Crypto Survey A recent Deutsche Bank survey of over 3,600 consumers, published this […]
Unlike a pet rock, you cannot use Bitcoin as a paper weight or a door stop, according to Peter Schiff
Stablecoin issuer Circle just rolled out a new smart contract functionality that enables holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to convert their shares into USDC. The BUIDL is asset management giant BlackRock’s first tokenized fund that invests in cash, U.S. Treasury bills and repurchase agreements. Shares are represented by a blockchain-based […]
The head of the largest bank in the US says he’s concerned about “significant uncertain forces” brewing on the global stage. In the firm’s first-quarter earnings results, JPMorgan CEO Jamie Dimon says persistent inflation and new, violent conflicts are his two top concerns as Q2 begins. “Many economic indicators continue to be favorable. However, looking […]
In the past 24 hours, Ethena’s all-time high surged even further, reaching $1.516, reflecting the continued bullish sentiment surrounding the cryptocurrency. Recent on-chain reports reveal notable activity from smart trader 0x432, who strategically invested 725 Ethereum (approximately $2.59 million) to purchase 1.783 million $ENA tokens on-chain at an average price of around $1.453. This move […]
TL;DR Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns. Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate. Where is SHIB Headed? The […]
A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency …
A cryptocurrency analyst, who accurately foresaw the market’s bottom in 2018, is now focusing on Solana, foreseeing a price bottom for the cryptocurrency and identifying its next target after reaching it. Solana To Rise Above $200 After Hitting This Bottom In a Wednesday X (formerly Twitter) post, a crypto analyst identified as ‘Bluntz’ has highlighted […]
A widely followed crypto analyst says one Bitcoin (BTC) ordinals token that has skyrocketed in the last few weeks still possesses more upside potential. Pseudonymous crypto strategist Bluntz tells his 254,300 followers on the social media platform X that he has entered a long position on PUPS (Ordinals) amid an ascending channel breakout on the […]
TL;DR Pac Finance unexpectedly liquidated the loan positions of its users, resulting in a total loss of $26 million. The sudden change in the protocol’s liquidation threshold, without prior notice, triggered the massive liquidation of loans in just 6 seconds. Pac Finance’s team is committed to developing a loss mitigation plan and implementing a framework […]
TL;DR Strategic Collaboration: The TON Foundation has partnered with HashKey Group to enhance the TON Ecosystem, focusing on improving cryptocurrency transactions for Telegram users, especially in the Asia-Pacific region. Ecosystem Support: The partnership aims to incubate projects within the TON ecosystem and provide better access to on-and-off-ramp services for Wallet users on Telegram. Investment and […]
The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price and guarantees that these institutions offer. The declaration criticizes the subpar agreements that sell energy to Brazil for 25% of the fees collected for mining activities, calling to direct this energy to 20 new contracts […]
Recent price movements have raised questions about Solana’s short-term price direction
The Next 1000x Crypto Coin BlockDAG Hits High in Presale with Ethereum ETF Insights and Stellar Predictions BlockDAG stands out in the bustling market of cryptocurrencies, especially for those eyeing Ethereum ETF developments and Stellar Lumens (XLM) price predictions as markers for their next significant investment. Amid fluctuating trends, BlockDAG’s presale has attracted attention and […]
The latest 13F filings with the SEC reveal that major institutional investors have been acquiring shares in the new spot bitcoin ETFs that launched this quarter. JUST IN: Wall Street firms with a combined $15 BILLION in AUM bought exposure to #Bitcoin ETFs in Q1 This is just the beginning 💥 pic.twitter.com/MQ1TZp8tQp — Bitcoin Magazine (@BitcoinMagazine) […]
Recently, reports from IntoTheBlock revealed that the Litecoin (LTC) network has exceeded five million long-term holders. This achievement represents approximately 62.5% of all LTC addresses with a balance, underscoring Litecoin’s widespread adoption and long-term viability within the crypto community. Rising Long-Term Holder Trend Signals Optimism The surge in long-term holders has been particularly noticeable in […]
A widely followed trader says that he is bullish on the leading memecoin Dogecoin (DOGE) despite the marketwide correction. The trader pseudonymously known as Sherpa tells his 214,200 followers on the social media platform X that he intends to accumulate Dogecoin. “DOGE: The play in my opinion is just to buy down to $0.15 and […]
During its recent slump, the cryptocurrency fell beneath the $3,500 mark, momentarily dipping below the $3,450 support. Ethereum's price hit a trough …
Crypto market analytics platform CryptoQuant believes the effects of Bitcoin halvings have been diminishing and that the upcoming event will have an even smaller impact on BTC’s value. In the latest edition of the firm’s weekly crypto report, analysts said the effect of the halving has been reducing because the new issuance of BTC keeps […]