The AI industry has generated a ton of hype this year, but crypto assets linked to the technology have been experiencing a slowdown. This comes amidst the persistent bear market. AI tokens are trading flat in tandem with the overall sluggish market movement but there are certain factors that may turn the tide. In fact,...Read More
Retool, a prominent software development company, has recently revealed that 27 of its cloud customers fell prey to a targeted SMS-based phishing attack. The breach has raised concerns about the security of cloud synchronization features, particularly Google Authenticator’s cloud sync. Retool Falls Prey to Targeted SMS Phishing Attack The Aug. 27 attack began with a...Read More
In a surprising turn of events, Ethereum developers faced an unexpected setback as they attempted to launch their new test network, Holesky, on Friday. This hiccup affected what was supposed to be a celebratory technological milestone, marking the first anniversary of the groundbreaking “Merge” upgrade of Ethereum. Holesky Testnet Faces Genesis File Mishap On Sept....Read More
[Press Release – Zug, Switzerland, September 18th, 2023] Islamic Coin has launched its Reg D Token Offering to the Public with OpenDeal Broker LLC, dba THE CAPITAL R (“ODB”) – a subsidiary of Republic. ISLM (Islamic Coin token) is a digital money that adheres to Shariah principles and emphasizes ethical values. This synergy encompasses support...Read More
The trading volume of the fifth largest cryptocurrency by market capitalization – XRP – has spiked by over 90% in the past 24 hours, whereas other indicators, such as the asset’s futures long/short ratio, have also headed north. Those are considered bullish factors, indicating that traders believe the coin’s price could soon start rallying. XRP...Read More
A weekly market report by America’s largest cryptocurrency exchange, Coinbase, has outlined several reasons why the forthcoming mass token liquidation by its bankrupt rival FTX is unlikely to cause market shocks in the ecosystem. The research report, written by Coinbase head of institutional research David Duong, disclosed that analysts at the exchange found some factors...Read More
In a recent turn of events, Ant Group, a Chinese financial technology giant, reportedly decided to divest its $100 million investment in A&T Capital, signaling a retreat from the volatile crypto sector. These reports come a few months after the resignation of A&T founding partner Yu Jun, who was later investigated for his workplace misconduct...Read More
After weeks of sideways trading, Litecoin finally broke free from its resistance level, sparking a wave of buying demand among investors. The digital silver to Bitcoin’s gold is currently aiming for a $70 price point following the bullish breakout. However, there’s a growing concern about a plunge from the upcoming resistance level as the LTC...Read More
Ethereum’s layer-2 solutions are outperforming the blockchain they were designed to bolster. Both Base and zkSync Era have shown remarkable performance so far despite the incessant bear market. For the first time in history, Base and zkSync Era surpassed Ethereum’s Transactions Per Second (TPS) rate of 10.18 on September 17th. According to data compiled by...Read More
Bitcoin has done very little over the weekend, hugging the $26,500 price level with minimal volumes and volatility. Market analyst and chart guru “PlanB” has been tweaking his pricing models since the infamous stock-to-flow model has been potentially invalidated by this extended bear market. With the new market phase naming, BTC is still in the...Read More
[PRESS RELEASE – Sherman Oaks, United States, September 18th, 2023] Xsolla, a global video game commerce company, has announced a new online destination called Xsolla Mall. This platform allows video games to host multiple landing pages where players can access exclusive in-game items, game discounts, and premium experiences directly from developers and publishers or via...Read More
The cryptocurrency market has witnessed a renewed surge in buying activity, sparking a relief rally among several prominent digital assets. Ethereum also experienced a sudden departure from its previous corrective path as prices swiftly rebounded from the $1,550 range surging to $1,635. But there could be more to this bullish turnaround. According to the latest analysis...Read More
The month of September turned out to be harsh for the crypto space as the market has been experiencing massive price volatility for cryptocurrencies. Following last week’s price plunge, the industry has managed to push itself back up and regain momentum as the top performers have leveled their losses. The bulls and bears are constantly...Read More
The lawsuit between Ripple and America’s securities regulator – the US SEC – is undoubtedly one of the trendiest topics in the cryptocurrency space. The legal battle started in 2020 when the watchdog accused the former and its management team of breaching laws and using the alleged unregistered security XRP to raise funds. Since then,...Read More
The cryptocurrency market has recently shown some signs of revival. However, three of the most popular digital assets – Ripple (XRP), Bitcoin (BTC), and Shiba Inu (SHIB) – have not been among the best performers. In the following, we will take a closer look at whether they are poised for a possible price expansion, as...Read More
JPEX, a Dubai-based crypto exchange and lending platform, shuttered operations overnight due to a sudden liquidity crisis on the 17th of September. According to a statement by the platform, the fault lies with institutions and JPEX’s partners in Hong Kong, who acted unfairly and maliciously, respectively. Earn Program Ended Definitively According to a spokesperson for...Read More
