A new crypto scam appears to be flipping the script on thieves. By publicly sharing seed phrases, scammers set up bait wallets that entangle opportunists in a deceptive scheme designed to exploit their attempts to steal funds. According to cybersecurity firm Kaspersky’s latest findings, scammers post crypto wallet seed phrases on YouTube comments using newly...Read More
Access control vulnerabilities have emerged as the leading cause of crypto hack losses in 2024, accounting for a whopping 75% of total damages across decentralized finance (DeFi), centralized finance (CeFi), and gaming/metaverse sectors, excluding phishing attacks. According to Hacken, this marks a significant increase from 50% in 2023, with losses tied to unauthorized access and...Read More
South Korea has experienced a dramatic surge in cryptocurrency adoption. In fact, a new report suggests that more than 15.5 million citizens now hold digital assets which represents roughly 30% of the country’s population. By November 2024, the number of crypto investors had increased by 610,000 compared to October amidst a broader trend of growing...Read More
In 4 out of every 5 Christmas holidays going back to 1950, US stocks have pumped as investors pile some extra savings into capital markets. But financial markets don’t get this tailwind every year. This year, the Nasdaq Composite and Bitcoin’s price rallied on Christmas Eve and Christmas Day, but a Grinch of a pullback...Read More
The father of a young girl battling a rare brain tumor has pledged $1 million to fund research into her condition after an unexpected cryptocurrency windfall. Siqi Chen, CEO of startup finance platform Runway, announced the donation after the charity meme coin, named after his daughter Mira, soared to an all-time high market capitalization of...Read More
Moreover, even in a year that many stocks doubled and tripled their historical average yearly returns, leading cryptocurrencies delivered gains of over 100% for the year. With several years of operation behind them, landmark wins against SEC regulators in US court, and even Wall Street ETFs for two of them, the crypto assets on this...Read More
But real quick first— XRP’s price could be in for another big pump soon, according to the technical signals. Legendary chart trader Peter Brandt recently shared a bullish wedge pattern suggesting another leg up for XRP’s price to above $2.70. The average exchange rate in US dollars for XRP on Saturday, Dec. 28, was $2.19....Read More
Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In its Anti-Scam Refund Initiative end-of-year report, the company outlined how it deployed cutting-edge artificial intelligence (AI) and machine learning (ML) technologies to transform digital asset security from reactive measures to proactive defense strategies. Anti-Scam Initiative According to...Read More
Dogecoin (DOGE), the largest and most popular meme coin by market cap, is showing signs of reversing its recent price decline. Over the past few days, DOGE has experienced a significant drop, but recent consolidation, continuous accumulation by whales, and a shift in market sentiment might be driving potential upside momentum. Can Dogecoin (DOGE) Break...Read More
2024 saw massive gains for the crypto market, but meme coins dominated the narrative. Owing to its notable resurgence, several meme coins even emerged as some of the top-performing cryptocurrencies of the year, contributing to the rise of new crypto millionaires along the way. Speculative Meme Coins Take Over Crypto According to CoinGecko’s report, meme...Read More
The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more...Read More
Cybercriminals are once again exploiting trusted tools for malicious gains. This time, a phishing campaign centered around fake Zoom meeting links has left victims counting massive losses in cryptocurrency. Fake Zoom Invites Mask Malware A recent report by blockchain security firm SlowMist detailed a sophisticated phishing campaign targeting cryptocurrency users through fake Zoom meeting links....Read More
The Crypto world is evolving daily, and investors are always trying to find the next trending opportunity. With 2024 fast approaching, three Ethereum-based coins are becoming the talk of the town with the potential to make a smaller $1000 investment into a life-changing $100,000. So, we’ve got Shiba Inu (SHIB), Floki (FLOKI), and the new...Read More
The cryptocurrency market has been in a particularly painful slump for the past ten days or so and has failed to produce the much-anticipated Santa Claus rally. With the year coming to an end in just a few days, on-chain data actually shows that this could all change in a rather unexpected fashion. Trading Volumes...Read More
Altcoins include all the other Internet currencies secured by cryptographic blockchains, in addition to Bitcoin, which is a seminal and first-in-class cryptocurrency. Their currency market exchange rates can vary with as much volatility as BTC and tend to track along with Bitcoin’s price. In fact, big rallies for BTC tend to lead to major bull...Read More
Ethereum co-founder Vitalik Buterin has pledged nearly $300,000 to Thailand’s Khao Kheow Open Zoo, taking on the role of adoptive father to Moo Deng, a pygmy hippo who inspired the viral MOODENG meme coin. Buterin’s Christmas gift will go toward upgrading the zoo’s facilities and supporting its Wildlife Sponsorship program. Crypto Meets Conservation In a...Read More
Amid ongoing market uncertainty, Pepe (PEPE), the world’s third-largest crypto meme coin, is gaining significant attention from whales and traders. As of today, December 28, 2024, the overall cryptocurrency market appears to be struggling, including major assets like Bitcoin, Ethereum, Solana, and PEPE. PEPE Whale Purchased 1.42 Trillion Meme Coin Despite these struggles, whales and...Read More
The prominent crypto exchange-traded fund (ETF) issuer has proposed a new product called the Bitcoin Standard Corporations ETF, which aims to invest in publicly traded companies that adhere to a “Bitcoin standard,” holding at least 1,000 BTC in their corporate treasuries. The ETF will focus on firms with a market capitalization of at least $100...Read More
[PRESS RELEASE – San Francisco, United States, December 27th, 2024] HPL Games, an innovative start-up at the forefront of gaming and blockchain technology, is working to reshape the future of mobile gaming. By bridging the gap between traditional gaming and Web3 innovation, HPL Games seeks to deliver immersive mobile experiences with the power of blockchain-backed...Read More
[PRESS RELEASE – George Town, Cayman Islands, December 27th, 2024] As the cryptocurrency sector continues its evolution, SimpleSwap, a user-friendly cryptocurrency exchange platform, has shared its market insights for 2025. Analysts from SimpleSwap, Rick S. and Henry B., have provided an overview of anticipated trends that may shape the industry in the coming year. Tokenization...Read More
The ongoing political turmoil in South Korea has had a ripple effect on the country’s financial market. The South Korean won has dropped to its lowest value against the United States dollar since March 2009. This devaluation is reflected in the Bitcoin Kimchi Premium, a metric showing the gap between BTC’s price in South Korea...Read More
Bitget, a Seychelles-based crypto exchange, has unified its native cryptocurrencies, Bitget Token (BGB) and Bitget Wallet Token (BWB), into a single utility token, BGB. The move has led to an impressive 22% rise in Bitget Token’s price in the last 24 hours, pushing it to an all-time high (ATH) of $8.45. In addition, the company...Read More
The crypto markets are heading towards the end of the yearly trade that has been historically bullish, even in times of a bear market. Meanwhile, the current trend suggests the buyers have been facing extreme exhaustion at the moment, which suggests the yearly close may not be as bullish as expected. However, these three altcoins,...Read More
[PRESS RELEASE – George town, Cayman Islands, December 27th, 2024] SimpleSwap has announced a partnership with the popular cold wallet Tangem in response to community demand for in-app cryptocurrency swaps. Due to this collaboration, SimpleSwap users can now exchange cryptocurrencies directly within the Tangem wallet, keeping their assets secure in a trusted environment. Swap Cryptocurrencies...Read More
KULR Technology Group has become the latest company to adopt a Bitcoin treasury strategy, announcing the acquisition of 217.18 Bitcoin (BTC) for approximately $21 million. In a December 26 post shared on X, the firm revealed the purchase was made at an average price of $96,556.53 per BTC. KULR’s Bitcoin Treasury Strategy An accompanying press...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, December 27th, 2024] ChainGPT, a pioneer in blockchain AI solutions, is excited to announce its partnership with DePINed, the latest incubation from ChainGPT Labs. This collaboration aims to reward individuals for contributing their unused internet and computing resources, driving the next wave of AI advancement. DePINed: The AI...Read More
Strive Asset Management, led by billionaire entrepreneur Vivek Ramaswamy, has filed a request with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) focused on Bitcoin-linked convertible bonds. The proposed Strive Bitcoin Bond ETF is designed to offer exposure to bonds issued by corporations that use the proceeds to purchase Bitcoin...Read More
Blockchain gaming giant Animoca Brands revealed that co-founder and chair Yat Siu’s X account was hacked, promoting a fraudulent token on Solana’s Pump.fun platform. The attackers impersonated Animoca and falsely announced the launch of a token. Blockchain investigator ZachXBT attributed the hack to a phishing scam that has recently targeted over 15 crypto-focused X accounts,...Read More
Bitcoin investing isn’t what it used to be. You don’t just buy coins and hope they go up anymore. Strive Asset Manager, a firm founded by Vivek Ramaswamy, is pushing the boundaries with a new kind of fund. They’ve filed for a Bitcoin Bond ETF, which could let investors profit from companies that are big...Read More
SBI VC Trade, a crypto-focused subsidiary of Japan’s financial giant SBI Holdings, is set to inherit the accounts and assets of beleaguered crypto exchange DMM Bitcoin. The transfer will take place on March 8, 2025, marking the culmination of DMM Bitcoin’s liquidation process after a devastating $305 million hack in May 2024. Liquidation and Transfer...Read More
