The market is getting ready for yet another month of token unlocks. Data suggest that there were substantial unlocks exceeding $10 million in November, featuring tokens such as SUI, IMX, HFT, APT, APE, AVAX, OP, and others. Nearly $400 million worth of assets will enter circulation following the unlock events. Token Unlock: November Edition According...Read More
In a recent revelation, Elastic Security Labs has uncovered a sophisticated cyber intrusion by North Korean hackers believed to be associated with the Lazarus group. This incident, tracked as REF7001, involved the use of a new macOS malware named Kandykorn, which has been specifically designed to target blockchain engineers involved in cryptocurrency exchange platforms. North...Read More
Amir Bruno Elmaani, famously known in the cryptocurrency world as “Bruno Block” and the founder of the Oyster Protocol has been sentenced to four years in prison for tax offenses amounting to over $5.5 million. The United States Attorney for the Southern District of New York, Damian Williams, announced the verdict, highlighting the severity of...Read More
While the crypto market is moving sideways, traders are backing one project to continue pumping, with several analysts predicting it could 10x or more shortly. The project is Bitcoin Minetrix, a revolutionary Stake-to-Mine platform enabling users to mine Bitcoin by staking $BTCMTX on its Ethereum-based protocol. Currently, it is amidst a tremendously successful presale, which could...Read More
In the past week, the market has been impacted by significant events such as the Federal Open Market Committee (FOMC) meeting, the decision to maintain current interest rates, and the conviction of Sam Bankman-Fried (SBF) on fraud charges. During these developments, Bitcoin (BTC) managed to reach the $36,000 mark, raising chances for further increases. Consequently,...Read More
Bitcoin is a store of value currency and inflation hedge likable to “exponential gold,” wrote Jurrien Timmer, Head of Global Macro at Fidelity, in a post to X on Wednesday. The analyst argued that both Bitcoin and gold boast distinct but attractive risk/reward ratios right now and that both may be players on the “same...Read More
Friend.tech has been a major catalyst behind Coinbase’s layer 2 network – Base’s – initial explosion. The decentralized social network, however, experienced a significant decline since September with several metrics hovering near all-time lows. According to the latest data compiled by Dune Analytics, the number of new users on Friend.tech was recorded to be 682...Read More
The new rules require companies to conduct AI safety tests and share the results with the US government. In addition, they include meeting official standards for safe AI development and clearly labeling AI-generated content. That’s worth avoiding a Skynet or Omni Consumer Products fiasco. White House Issues New Rules for AI A fact sheet released...Read More
Concluding a 66% pullback, the GRT price trend showcases a bullish reversal to restart the prevailing uptrend seen in early 2023. With a double bottom reversal from $0.076, the graph coin price gives the falling wedge breakout and reclaims crucial average lines. Further, with the altcoin price rising above the psychological mark, $0.10 increases the...Read More
The 15th anniversary of the Bitcoin whitepaper marks a significant milestone in the crypto arena. The anniversary is a pivotal moment in the history of cryptocurrency and a tribute to the brilliance of Satoshi Nakamoto’s vision, which continues to influence and shape the financial world. While the original Bitcoin whitepaper laid the foundation for this...Read More