Amid the constant evolution of the cryptocurrency market, Ethereum (ETH), the second largest cryptocurrency in terms of market capitalization after Bitcoin, has attracted the attention of institutional investors significantly. According to CryptoQuant analysis carried out by renowned analyst @Woo_Minkyu, a marked increase has been observed in the amount of Ethereum acquired by these large financial […]
Billionaire investor and entrepreneur Mark Cuban has shown interest in a novel crypto real estate project that aims to use blockchain technology to create new cities in America. Cuban responded to a tweet by investor Jason Calacanis, who proposed building 10 new cities with one million housing units each, inspired by Saudi Arabia’s planned megacity […]
In the ever-evolving realm of cryptocurrencies, nations are charting distinct courses that signal transformative shifts in fiscal and investment landscapes. Japan’s Crypto Renaissance: A Web3 Powerhouse in the Making Recent developments in Japan underscore the profound impact of decentralized financial technologies, prompting a global rethink of regulatory approaches. Japan, long-standing economic rivals with South Korea, […]
Understanding Stablecoins Stablecoins are a type of cryptocurrency that aims to maintain a stable value by pegging it to another asset, such as a fiat currency, precious metal, or a basket of assets. Stablecoins have gained significant popularity in recent years due to their potential to address some of the limitations of traditional cryptocurrencies, such […]
Prominent investor Raoul Pal has substantiated, using crucial data, that 2024 is poised to be a favorable year for crypto, surpassing the prospects for tech stocks. “This is where the growth assets of NDX and Crypto live. This is why they bottomed before everything else,” the statement declared. Pal Predicts Crypto Will Outperform Tech Stocks […]
Crypto tokens tied to video game projects and platforms are some of the biggest gainers among the top 100 cryptocurrencies by market cap over the last week, as tokens like Axie Infinity (AXS), ApeCoin (APE), and Iluvium (ILV) put up considerable percentage gains. Axie Infinity had a hot week, rising 12% over the last seven […]
TL;DR Massive Increase in SHIB Burn Rate: Shiba Inu’s token burn rate has surged by approximately 20,000% in the last 24 hours, leading to the removal of over 260 million tokens, a record high in two months. Burning Program for Value: Around 41% of Shiba Inu’s original 999 trillion total supply has been burned, aiming […]
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
Sectors that Offer Cryptocurrency as a Payment. The Retail & E-commerce sector takes the crown, with 60 companies accepting crypto; Food & Dining is …
XRP has taken investors on an exciting roller coaster ride this year, taking them on a trip through the highs and lows of the market. There have been a lot of ups and downs, from a small rise in March to a huge surge in July and another one in the middle of October. Even […]
On-chain analyst PlanB says that he wouldn’t surprised if Bitcoin (BTC) went as high as $524,000 at some point in the next four years. PlanB shares with his 1.8 million followers on the social media platform X a chart depicting which price the majority of BTC was distributed at each halving, when miners’ rewards get […]
Take a look at what news the weekend brought with U.Today’s latest news digest!
SBI Holdings, Inc. located in Tokyo has officially entered into a Memorandum of Understanding (MOU) with Circle Internet Financial, which has headquarters in Boston, Massachusetts. This collaboration aims to facilitate the circulation of USDC stablecoins, establish a banking relationship, and promote the use of Circle’s Web3 Services within Japan. SBI Group Adopts Circle’s Web3 Services […]
The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million.
Terra Luna Classic’s upward momentum has reached new heights following the unanimous approval of a crucial proposal by its community. This milestone focused on resolving a critical sequence mismatch issue by deploying the terrad v2.3.1 client on-chain. This specific adjustment addresses the validators’ dynamic commission module, overcoming obstacles that previously prevented smooth interaction with the […]
KyberSwap, the decentralized exchange protocol, managed to recover $4.67 million after facing a recent security attack that resulted in the loss of $47 million from its concentrated liquidity pools last week. The cybersecurity incident had a negative impact on KyberSwap, leading to fund losses through its Elastic pools, affecting various blockchains, including Arbitrum, Optimism, Ethereum, […]
TL;DR XRP Leads on Uphold: Ripple’s XRP has become the most traded digital asset on Uphold, surpassing major cryptocurrencies like Bitcoin and Ether, with significant user engagement. Dominance in U.S. Markets: Earlier, XRP emerged as the most traded altcoin on US-based cryptocurrency exchanges, indicating its growing popularity. Ripple-Uphold Partnership: The partnership between Ripple and Uphold […]
A closely followed crypto analyst says that close to $1 billion worth of Bitcoin (BTC) has been pulled from crypto exchanges in recent weeks as deep-pocketed investors simultaneously stockpile Ethereum (ETH) and XRP. Crypto analyst Ali Martinez says on the social media platform X that market participants have been yanking large amounts of BTC from […]
Presidential candidate Robert F. Kennedy Jr. is issuing a warning about central bank digital currencies (CBDC) and the threat they pose to financial freedoms. In a new interview with Peter McCormack on the What Bitcoin Did podcast, Kennedy says that CBDCs could take away personal freedoms by allowing governments to track every aspect of someone’s […]
Smart contracts are the heart of the entire blockchain industry, from meme coins to complex DeFi platforms. These automated programs, however, face the persistent threat of cyberattacks, which often lead to significant financial and reputational losses. The best defense, according to a team of researchers, is artificial intelligence. “Lightning Cat” is a novel solution that […]
A widely followed crypto strategist thinks that the interoperable blockchain ecosystem Cosmos (ATOM) is primed for a move up. Pseudonymous analyst Kaleo tells his 606,800 followers on the social media platform X that he’s bullish on ATOM as he believes that the altcoin is “due for a squeeze.” “I’m long.” Source: Kaleo/X Looking at the […]
Angelo Babb, a leading expert in blockchain technology, presented an insightful analysis of blockchain's influence beyond the realm of cryptocurrency …
The XRP community is abuzz with discussions of potential price manipulation. This debate is fueled by observations from key figures from the XRP army, who are raising concerns over unusual price patterns despite significant developments. XRP Price Manipulation: The Initial Spark Edward Farina, XRP Healthcare’s Head of Social Adoption, first brought this issue to light. […]
Controversial pundit has made another urgent call to ditch traditional currency systems in favor of gold, silver and Bitcoin
OKX has launched its cryptocurrency exchange and Web3 wallet in Brazil. This move aims to offer access to decentralized finance services and cryptocurrency trading to users in the country. OKX will provide access to hundreds of cryptocurrencies for trading in Brazil. OKX’s President, Hong Fang, mentioned: “Our exchange now offers BRL rails, deep liquidity, tools, […]
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21.
The new CEO of the world’s largest crypto exchange by trading volume foresees strength ahead for crypto and his company. Fortune reports that Changpeng Zhao’s successor at Binace, Richard Teng, says that Binance’s move towards compliance will pay off in the long term, positioning the company to claim a bigger share of the growing crypto market. […]
The latest developments in the legal case against the former CEO of Binance, Changpeng Zhao, revealed the possibility that Zhao could face a sentence of up to 10 years in prison. The information emerged on November 24 when prosecutors claimed that Zhao voluntarily appeared in the United States to face justice. Although initially believed that […]
The Hamas terrorist organization has found a new cryptocurrency network to finance its attacks against Israel. The Iran-backed militant group has moved its activities from Bitcoin to Tron, a faster and cheaper blockchain. According to a Reuters report, interviews with financial crime experts and blockchain specialists revealed that more groups designated as terror organizations by […]
Exploring the Rise and Potential of Fantom Price in the Cryptocurrency Market. Within the dynamic realm of cryptocurrencies, Fantom (FTM) has rapidly …
Blast is the latest Layer 2 network to burst into the scene in the last week and has taken the decentralized finance (DeFi) world by storm already. This network which seemingly came out of nowhere has backing from Paradigm, and as its popularity has risen, it has surpassed Base and Cardano’s Total Value Locked (TVL) […]
Artificial intelligence is in the spotlight again as 18 of the world’s nations ink an agreement that would make AI ‘secure by design’ and protect users. The United States, Britain, Australia, and over a dozen other countries unveiled an agreement on Nov. 26 containing guidelines for keeping artificial intelligence (AI) safe and secure. Safe Artificial […]