The users of cross-chain protocol lashed out over an unsolved security vulnerability that appeared earlier this week and the platform’s failure to act. Later on, though, Multichain revealed that one whitehat hacker returned 259 ETH, worth approximately $813,000. The Multichain Exploit It all started when Multichain announced the existence of a flaw that made several...Read More
This weekend, the markets are incredibly depressing, with Bitcoin and Ethereum continuing their sharp decline. On the bright side, a recently released Web3 coin called Pmail gained over 1800% in the past 24-hours. Let’s look at this Web3 coin and see why the price is rising? What Is Pmail (PML)? Launched on January 20th, Pmail...Read More
Amid the current market crash, $1 billion worth of USDT was transferred from Tether’s treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the legacy markets. During Saturday’s trading session, Bitcoin’s price crashed to a low of around $34,000 on Binance, and it’s currently trading at around $35K,...Read More
The largest e-commerce firm in Latin America – Mercado Libre – acquired shares in the 2TM Group (a parent company of the cryptocurrency platform Mercado Bitcoin). Separately, it made a “strategic investment” in another digital asset-oriented organization Paxos. Jumping into Crypto Once Again The leading Argentinean e-commerce platform Mercado Libre, which has displayed a pro-crypto...Read More
Ethereum-based play-to-earn game, Heroes of Mavis, has recently completed its seed funding round where it raised $5.5 million from Web3 and metaverse investors, including Binance Labs. Binance and Others Invest in Heroes of Mavia According to a press release shared with CryptoPotato, the project intends to use the new capital injection to develop the game...Read More
The king altcoin has been under correction over the past three months, and derivatives data signifies professional investors are almost ready to throw in the towel. In the interim, with Ethereum valuation depleting below $2.8k, veterans have been pondering over the ETH burn event. Advertisement ETH price faced a solid rejection at $3,600 on Jan...Read More
El Salvador’s president – Nayib Bukele – was recently worried that his country missed out on buying cheaper bitcoin. However, the latest dipped allowed the nation to accumulate 410 more BTC. The small Central American country made history last year when it became the first nation to adopt the primary cryptocurrency as legal tender inside...Read More
Traders have been tired of buying the dip over the past couple of months, yet most of the cryptocurrencies are not in a mood to find their grounds. The severe crypto crash on Thursday wiped out over $40 billion in market cap in just 48 hours. Veterans across the space are pondering over the weakening...Read More
The recent market correction doesn’t seem to be a one-day thing, as the entire crypto space is covered in red once more. Consequently, over-leveraged traders continue to get liquidated with almost $700 million in hours. CryptoPotato reported yesterday’s market crash in which bitcoin dumped by $5,000 in a day to a six-month low at $38,000....Read More
The stock market is crashing and so the crypto is, no matter whether people accept it or not, both tend to go hand-in-hand. Recently, the crypto market slashed with the announcement of the FED all set to increase the interest rates. The main reason behind the decision is cited to be the surge in the...Read More
