In the dynamic world of cryptocurrency, those who backed Shiba Inu are now turning their attention to Pandoshi (PAMBO), a rising star in the digital asset space. With its advanced features and a strong focus on community engagement, Pandoshi stands out as a promising project with significant potential in decentralized finance (DeFi). As Pandoshi progresses...Read More
Scammers have taken their tactics to the next level and are now using real funds in address poisoning attacks. A recent incident where a victim lost nearly $50k was brought to light through a post on X by Cyvers Alerts, a platform dedicated to raising awareness about online threats. Crypto Users Targeted with Real ETH...Read More
A 51% attack occurs when a single network miner or group of miners controls more than half of a blockchain network’s hash rate. Theoretically, this would enable the attacker to block transactions from taking place in the blockchain, alter the sequence of new transactions, and potentially revert past transactions (referred to as “double spending”) by...Read More
South Korea’s crypto landscape was dominated by Upbit for the longest time. However, there seems to be a shift underway as Bithumb gains momentum, gradually capturing Upbit’s market dominance. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Bithumb’s Market Share Peaks at 72% Crypto...Read More
Representatives from crypto giants Coinbase and Circle have urged the U.S. government to crack down on non-compliant international digital asset firms – some of which include their biggest competitors. Grant Rabenn, Legal Director of Financial Crimes at Coinbase, told Congress on Thursday that criminals are seeking out “offshore platforms” to avoid anti-money laundering rules enforced...Read More
The interest in spot Bitcoin ETFs among financial institutions such as banks and brokerages is surging as they push for the Securities and Exchange Commission (SEC) to change the definition of crypto assets. Under the new definition, they would have a bigger role in crypto, such as being Bitcoin ETF custodians. Banks Petition SEC for...Read More
[PRESS RELEASE – Stockholm, Sweden, February 16th, 2024] The partnership aims to empower users of the Chromia ecosystem Web3 games like ‘My Neighbor Alice’ to create and leverage in-game wearable digital assets. Chromia announces its strategic partnership with RSTLSS, a platform that streamlines the creation of digital wearables and accessories. The news, accompanied by a...Read More
As Bitcoin’s highly anticipated halving event approaches, new research from Galaxy Digital suggests that up to 20% of the cryptocurrency’s current hash rate could go offline. This reduction is expected to impact eight specific ASIC mining machine models, leading to a drop in the network’s overall hash rate. Galaxy Digital’s Projections Galaxy’s mining analysts revealed...Read More
[PRESS RELEASE – New York City, New York, February 16th, 2024] Introducing Kadena SpireKey, a human-friendly and secure way to seamlessly interact with any application by removing complex signing processes. Kadena Spirekey “Unlike complex Web3 wallets today where you have to remember every wallet you’ve ever created, Kadena’s SpireKey uses WebAuthn, a technology that has...Read More
As the crypto market revels in Bitcoin’s (BTC) latest ascent to the $52,000 price level, an analyst has found two on-chain paths that would lead the digital asset to $150,000 within the next six months. According to a CryptoQuant quick take by Onchain Edge, analysis of on-chain data showed two scenarios that would likely see...Read More
Mimblewimble-based privacy coin Beam (BEAM) experienced a 7% price slump earlier today due to large offloading by a single wallet address. A tweet by blockchain analytics platform Lookonchain revealed that the offloaded assets were stolen in a phishing attack that occurred on February 15. BEAM Holder Falls for Phishing Attack According to Lookonchain, the phishing...Read More
Bitcoin continues to captivate investors’ attention as it surged by over 20% in the past month, thereby surpassing the much-anticipated level of $50,000 this week. While questions arise about the rally’s endurance, a notable faction of investors assert the sustainability of the current upward momentum in the leading crypto asset’s trajectory. $5 Billion Bitcoin Buying...Read More
With a total of 190,000 Bitcoins, MicroStrategy’s investment in BTC has surpassed $10 billion. The milestone came after BTC broke above $50k, underpinning the company’s strong belief in the asset’s long-term value and its role as a hedge against inflation. Since entering the bitcoin market in August 2020, MicroStrategy now holds over 190,000 BTCs worth...Read More
In a post on X on Feb. 15, the Uniswap Foundation provided the release window “now that the launch of Dencun [Ethereum upgrade] on Mainnet has been scheduled for March 2024.” The Q3 rollout of Uniswap v4 will occur after Ethereum’s Dencun upgrade, which will enable EIP-1153 for transient storage. EIP-1153 will allow Uniswap v4...Read More
[PRESS RELEASE – Dubai, the United Arab Emirates, February 15th, 2024] De.Fi, the premier Web3 Super App, continues its robust expansion in the dynamic crypto space. After evolving into the most extensive all-in-one platform with a trusted user base of 5M globally, De.Fi is thrilled to unveil the official start of Airdrop Season 1. De.Fi...Read More
Tron Founder Justin Sun revealed the protocol’s ambitious Bitcoin Layer 2 roadmap that will facilitate the injection of funds into the BTC network while boosting scalability, speed, and security. TRON is also looking to integrate tokens on the network with the Bitcoin blockchain, which will ensure seamless interactions and interoperability between TRON and Bitcoin. A...Read More
The banking giant JPMorgan has raised concerns about Tether possibly being controlled by U.S. authorities soon. Despite its offshore base, Tether’s dominance and regulatory challenges could reshape the stablecoin landscape in the States. Tether’s Vulnerability to U.S. Authorities JPMorgan’s report highlights the power of U.S. authorities, specifically the Office of Foreign Assets Control (OFAC), to...Read More
