While the broader crypto market is still struggling with the bearish trends from last week, LUNA, the native cryptocurrency of the Terra ecosystem, is currently one of the best-performing assets in the market. According to data by CoinGecko, LUNA has gained over 50% within the last seven days, and despite the weekend crash, hitting a...Read More
It appears that crypto lending firm Celsius Network was also affected by this week’s BadgerDAO hack. The firm reportedly lost $55 million worth of wrapped bitcoin (wBTC). Hacker Steals $120 Million worth of wBTC CryptoPotato reported over the week how hackers managed to steal around $120 million from BadgerDAO – a decentralized autonomous organization that...Read More
After the recent cryptocurrency market correction, Bitcoin and Ethereum both rebounded sharply. Most cryptocurrencies only registered single-digit percent losses, with some seeing bullish momentum. At the time of writing, Bitcoin price continuously shows strong support at $48,000 as it attempts to breach the $50,000 level once again. The recent crypto market pullback erased over $600...Read More
The central bank of Indonesia is willing to issue a digital form of its national currency as a way to “fight” private digital assets. The financial institution believes a CBDC would be more “credible” than bitcoin or the altcoins. Indonesia and its CBDC Efforts Bank Indonesia (BI) – the country’s central bank – displayed its...Read More
2021 has been a profitable year for non-fungible tokens (NFTs) as the market has grown exponentially, allowing anything to be tokenized on the blockchain. The decentralized nature of the industry also allows anyone to create, mint, and issue their NFTs from any part of the world, including those in prison. Ross Ulbricht Launches NFT Ross...Read More
Bitmart has confirmed that it was hacked, with early estimations indicating that the total amount swiped is around $200 million in various cryptocurrencies. Sheldon Xia, founder and CEO of the exchange, asserted that the company has temporarily suspended withdrawals. Users on Twitter started to complain about a possible security breach against Bitmart earlier on December...Read More
As crypto markets are starting to rebound, we’re seeing many coins registering double-digit percent price gains. The top performer on the trading app Crypto.com for today is, Livepeer. LPT is up over 33%, trading at $47 at the time of writing. Is there any reason why Livepeer price is doing better than the rest? Let’s...Read More
