Polkadot Price Prediction 2024-2033: A Bullish Pattern?
Gavin Wood, the founder of Polkadot, the blockchain interoperability platform, has come under fire for putting a condition on a possible $5M donation to help the Ukrainian govt with the crisis caused by the Russian invasion. Some respondents felt this was less of a humanitarian gesture and more of a marketing punt. Will this affect our Polkadot Price […]
Monero Price Prediction 2024-2033: Should You Buy XMR Now?
Monero Price Prediction 2024-2033 This Monero Price Prediction will cover details about Monero, applications, price history, and factors affecting the native currency. There are plenty of things to consider before moving on to the Monero (XMR) price prediction. How much is Monero worth? Today’s Monero price is $133.93 USD with a 24-hour trading volume of $45,964,150 […]
US Treasury’s testimony unveils crypto risks
The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. Brian Nelson, Treasury’s Under Secretary for Terrorism and Financial Intelligence, is scheduled to testify before the House Financial Services Committee, where he plans to detail the agency’s concerns regarding the use of virtual […]
BTG Pactual expands digital strategy with Orama acquisition
BTG Pactual, a major Brazilian investment bank, has taken a significant step forward in its digital strategy. The bank recently inked a deal to fully acquire Orama, a cryptocurrency-friendly brokerage, for 500 million Brazilian reais ($98.7 million). This acquisition aims to extend BTG Pactual’s digital footprints and bring diverse investment avenues to the fore. Established […]
Top Online Crypto Casinos in the USA: Fusion of Advanced Crypto Features and High Stakes Games
Originally conceived as a decentralized form of digital currency, cryptocurrencies have expanded their realm of influence, one of the most notable being the online gambling industry. The unique properties of cryptocurrencies—security, anonymity, and transparency—align seamlessly with the demands of digital gaming platforms. Cryptocurrencies offer online casinos an alternative to traditional payment systems, providing advantages that […]
Curve Finance CEO cleared in crypto fraud lawsuit
A lawsuit filed by three venture capital firms against the CEO of Curve Finance, Michael Egorov, has been rejected by a California judge, citing concerns over the venue. The venture capital firms, ParaFi Capital, Framework Ventures, and 1kx, had accused Egorov of involvement in a scheme to defraud them. They alleged that Egorov misappropriated trade […]
Quo Vadis, Terra Luna? (Before and After the Crash)
The Terra Luna crash which happened last May caused many to lose their life savings and lose their faith in so-called stablecoins. Was this due to what started as a “speculative bet”? Do Kwon readily submits, “I alone am responsible.” What happened to Terra Luna, or more precisely, what caused the domino effect that led […]
Copycat epidemic plagues the crypto world
Crypto’s once-praised open-source ethos is teetering on the edge of a problematic precipice. This celebrated realm, which championed collaboration, security, and transparency, is now rife with players exploiting its very foundation. As the crypto landscape becomes increasingly cluttered with look-alikes and rebranded projects, one has to question whether the spirit of genuine innovation still thrives, […]
Polkadot price analysis: DOT value declines to $6.47 as the bears mount pressure
Polkadot price analysis indicates a bearish movement after the bears have currently taken hold of the market. The support level for Polkadot stands at $6.00, which means if broken could lead to a further downgrade of the DOT/USD pair. The resistance is currently at $6.70, which, if retraced and broken, could lead to a positive […]
Uniswap DAO Votes to Deploy V3 on Binance Smart Chain (BSC)
The Uniswap Decentralized Autonomous Organization (DAO) has recently passed a proposal to deploy its version 3 (V3) on Binance Smart Chain (BSC). The proposal received 50 million votes in favor and cleared the 40 million vote threshold. The vote received opposition from only one entity, a16z, an investment company. However, even if a16z casts all […]
Fantom (FTM) Gas Monetization Program Boosts Developer Ecosystem
Since the beginning of 2023, the crypto market has been looking bullish, and it might gain more movement in the upcoming days. New projects like Fantom (FTM) gas monetization program will boost the market more. A gas monetization initiative launched by Fantom (FTM) provides developers with incentives in gas fees based on how often their […]
In the last 12h: Amazon posts a Web3 job, Kraken shuts down Abu Dhabi office, Bittrex announces layoffs
In the past 12 hours, three stories have hit the crypto market, each impacting the market. The stories include Amazon posting a job for Web3, Kraken shutting down its Abu Dhabi office, and Bittrex announcing layoffs. If you are a crypto investor, you need to know about all of these because they may impact you […]
ConsenSys announced the new initiative: MetaMask Learn
Have you heard about Web3 and self-custody? If you answered yes, do you understand these terms in depth? If you answered no, you do not need to worry. It is because ConsenSys, one of the leading blockchain technologies, is coming up with a new initiative called MetaMask Learn. MetaMask Learn has the potential to transform […]
Failure of FTX demonstrates the need for reform of private placements, Says SEC officials
FTX was overgrowing after its foundation in 2019, and in 2021, it had more than 1 million users worldwide. Similarly, it was the third-largest crypto exchange in terms of volume and had invested billions of dollars in different companies. But things took an unexpected turn at the start of 2022, and a few months later, […]
Be aware of FTX2, the scam token being airdropped to Justin Sun, Binance, Kucoin, and FTX
While affected crypto investors are crying foul over the FTX collapse, some are mulling over the idea of making money from the situation. FTX2 is an attempt by a determined bad actor to take advantage of the affected investors. Con artists know no bounds; they take advantage of various schemes luring the investing public into […]
Solana’s RPC endpoints go offline on the latest upgrade
A bug on Solana’s latest software upgrade caused its public RPC endpoints and Mainnet beta explorer to go offline. RPCs (Remote Procedure Calls) are software communication protocols used to request services in another computer or network without needing details about the server’s network. RPCs give users experiences that are faster with low latency. Bug on […]
Crypto trader frauds $110M of Mango Markets exchange
The year is about to end, but the downtrend in the crypto market is yet to be ended this year. 2022 was full of fraud, crashes, and hacks, and the Mango Markets exchange is a new addition to the list. At least $110M has been taken by an investor from the exchange with no intention […]
Visa’s plan to enable automatic bill payment through cryptocurrency wallets
Quarter 3 had seen so many rises and falls in the crypto market, whether in the form of the FTX and Alameda crash or the biggest banks planning to launch their digital currencies. The news that Visa is considering ways to enable automatic bill payment through cryptocurrency wallets could be the best news for crypto […]
New York Financial Regulators share guidance to banks regarding crypto
Change is the only constant thing in the universe; if people do not change with change, they will perish. It is a universal law. The traditional way of finance is changing and in the modern day, crypto is leading the race. Many institutions have shared guidelines regarding using this new financial system to protect users. […]
South Korean judge revokes warrant for Terra co-founder Shin Hyun-seong’s arrest
A South Korean court presided by Judge Hong Jin-Pyo has dismissed cases affecting the Terra ecosystem. In October, the chief executive of Terraform Labs, Yoo Mo, was detained by law enforcement. But after 48 hours, Judge Hong similarly invalidated the warrant. The judge stated that it was challenging to determine the “necessity and significance” of […]
Sam Bankman-Fried (SBF) donated more than $1 billion to Democratic elections – Elon Musk
SBF, the former CEO of the now-bankrupt exchanges FTX and FTX.US, gave “dark money” to the democratic party. Elon Musk stated on Twitter that the secret donations to the democratic party, which only revealed $40M, likely totaled over $1B. In a recent interview with crypto journalist Tiffany Fung, SBF stated that he donated equally to […]
Ethereum price analysis: Ethereum reclaims $1,200 after recent volatility, what’s next?
Ethereum price analysis for today shows a continued uptrend in the last 24 hours. The ETH/USD pair moved from an intraday low of $1,163.48 to a high of $1,218.18. This represented a gain of 12.75 percent. The price action was rather bullish in the early hours as it moved higher toward its previous low at […]
How is Fantom token different from 3000+ other tokens?
Fantom has had the worst of the crypto winter but the company still manages to make decent returns. According to Andre Cronje, Fantom is a show of resilience in the market turmoil. From liquidation risk to millions of revenue per year. Fantom is a highly scalable blockchain platform for Decentralized finance (DeFi), crypto dApps, and […]
Is Nigeria about to ban crypto?
In Feb 2021, the Securities and Exchange Commission (SEC) of Nigeria announced the suspension of every type of cryptocurrency in Nigeria. Additionally, the commission warned the public about any crypto-related activities and funding platforms. However, seeing the vast majority of people moving towards crypto, the commission has to back up its plan. In May 2022, […]
We take a look at Crypto firms that went bankrupt in 2022
2022 is considered to be one of the worst years for the crypto market. As the end of the year, 2022 was approaching, we dig deeper to see what happened to different crypto firms during this year. This year was full of a bear market, different firms crash, and hacking. Top crypto exchanges like Terra […]
Pantera CEO says the impact of FTX collapse will be “insignificant”
On the 11th of November, CEO of Pantera Capital Dan Morehead stated in his tweet that the impacts of FTX’s bankruptcy will be “insignificant.” He believes that the important story is the derivatives exchange’s potential to become a regulated market maker in digital assets, which could have positive implications for the crypto space as an […]
Move over FTX. Genesis failure could have a greater impact
Things are getting worse day by day due to the FTX fallout. There is not a day when you would not read bad news about crypto and FTX. It all started with FTX and it might end with Genesis. A few days ago, FTX founder Sam Bankman-Fried filed for bankruptcy which triggered the market’s downtrend […]
Best crypto memes of the day – November 15th
CZ and Binance are holding the crypto market Polygon teams with McDonald’s When the dip keeps dipping This is how much power Elon Musk has on Twitter FTX and Binance pulled the crypto titanic The benefit of staying true to users SBF lawyers in court Is Binance to be blamed? Not your keys, not your […]
Sam Bankman-Fried currently under supervision in the Bahamas
Sam Bankman-Fried former FTX’s CEO, co-founder Gary Wang, and director of engineering Nishad Singh are reportedly in the Bahamas and “under supervision” by the government there as of November 13, 2022 (Nassau). According to a source with knowledge of the situation, the three former FTX executives and Alameda Research CEO Caroline Ellison are searching for […]
Is Nexo safe?
The crypto market has had a tough ride this year with bears dominating the crypto winter. Before we explore whether the Nexo platform is safe, we need to do a little background check on the state of the crypto market. The tough market conditions resulted in the collapse of crypto giants and big market influencers. […]
MakerDAO co-founder found dead after tweets of sex trafficking by CIA
Co-founder of MakerDAO, Nicolai Arcadie Muchgian, has been found in Puerto Rico, according to multiple sources citing a Police Bureau report. The 29-year-old cryptocurrency developer reportedly died early Friday after being dragged by sea currents on the beach in Condado. But some of his tweets before the incident suggest there could be more to his […]
DeFi liquidity locker Team Finance exploited for $15 million
Team Finance has become the latest DeFi protocol exploited in October. The team confirmed the incident on Thursday, noting that $14.5 million in crypto tokens has been drained by hackers through a bug in its v2 to v3 migration function. However, blockchain security firm PeckShield claims the losses are higher. Team Finance hacked for $15 […]
Near Foundation launches “protection programme” of $40m for USN users
Near protocol has announced a fund of $40 million to protect USN users from potential losses and ensure the stability of the stablecoin. The foundation made this decision in response to recent events surrounding other stablecoins, such as Tether’s ongoing controversy over its lack of proper collateralization. NEAR Foundation takes measures to support holders of […]
Chainalysis: October is the biggest month in 2022 for DeFi hacks – see why
Blockchain data analytics company Chainalysis has labeled October as the “biggest month in the biggest year ever for hacking activity.” Irrespective of the bear market, hackers have already managed to pull off $718 million in exploits on Decentralized Finance (DeFi) protocols so far in October. “Back in 2019, most hacks targeted centralized exchanges, and prioritizing […]
Is FTX the cash cow of the web3 ecosystem?
The Web3 ecosystem is an extremely challenging industry for young companies and start-ups. The FTX CEO, Sam Bankman-Fried, has set out to help several companies struggling with development and growth within the industry. Some of the most challenging aspects of the industry are the ever-changing value of cryptocurrencies. The price volatility only allows crypto companies […]
Details: 46% of Ethereum PoS nodes controlled by 2 addresses
The Merge gave birth to Ethereum PoS, a complete transition from an energy-intensive proof-of-stake consensus mechanism to an environmentally friendly proof-of-stake consensus mechanism. The transition marks one of the most complex crypto projects in recent years. Although some analysts were skeptical about the success of The Merge, many were proved wrong when Vitalik tweeted about […]
Top crypto tweets of the day – September 12th
Have you seen Solana Spaces? Is Oil about to nuke? S2F creator expects a bounce before BTC Halving First Bitcoin block was mined 5 years ago today No market relief yet Solana NFTs are rising again BTC downtrend lines 2018 vs. 2022 Almost a year since BTC reached its ATH Euro will continue to fall […]
Tezos price analysis: Bullish rally stalls near key resistance of $1.75
Recent Tezos price analysis indicates that the digital asset has gained over 7.71 percent in the last 24 hours and currently trading at $1.66.The XTZ/USD pair is facing strong resistance near the $1.75 level, which is preventing the bulls from pushing the price higher. Tezos opened the daily trading session at $1.48 and quickly rose […]
Top crypto tweets of the day – September 9th
Coinbase funds lawsuits against Tornado Cash ban Carbon footprints of BTC vs. ETH in the future BTC breaks out The dollar shows signs of weakness Is Ethereum a direct attack on Bitcoin FTX takes a 30% stake on SkyBridge First Bitcoin NFT launched 6 years ago Crypto traders never learn
Canadian exchange sues Binance after losing $3 million in software glitch
Coinberry, a cryptocurrency exchange based in Canada, recently filed a lawsuit blaming the largest exchange Binance for its losses during a software glitch two years ago, which wasn’t previously disclosed. Owned by WonderFi, the digital asset company backed by Kevin O’Leary, Coinberry claimed it lost about $3 million in bitcoin. How Coinberry lost $3 million […]
