The recent surge of Bitcoin (BTC) to a staggering $35,000 has not only captivated the attention of cryptocurrency enthusiasts but also propelled several memecoins to impressive gains. Among these memecoins, Floki (FLOKI) stands out, surpassing its competitors in terms of percentage increases. With a surge of over 140% to reach $0.00004261, the highest it has
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In an exciting collaboration that merges the worlds of digital art and tangible collectibles, Avant Arte has teamed up with Yuga Labs, the brand owner of CryptoPunks. This groundbreaking partnership offers holders of CryptoPunk NFTs the chance to own physical prints of their treasured art collections. Avant Arte is proud to present two distinct collections
Cryptocurrency infrastructure company Fireblocks recently discovered a critical vulnerability in the Ethereum ecosystem. The vulnerability, called ERC-4337 account abstraction vulnerability, was found in the smart contract wallet UniPass. Fireblocks worked with UniPass to address the vulnerability, which had affected hundreds of mainnet wallets. The vulnerability allowed potential attackers to execute a full account takeover of
The long-standing legal battle between the US Securities and Exchange Securities Commission (SEC) and Ripple Labs seems to be nearing its end. After the dismissal of the SEC’s claims against Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen, it is expected that both parties will proceed to finalize a settlement. However, pro-XRP legal expert John
U.S. lawmakers are increasing the pressure on the Justice Department to investigate Binance and Tether for their alleged involvement in facilitating substantial illicit financing, including providing material support to terrorist groups such as Hamas. This article delves into the concerns raised by lawmakers, the potential consequences for the companies involved, and the broader implications for
Maison Margiela, a renowned Parisian fashion label, is revolutionizing the fashion industry with its foray into Web3. Known for its avant-garde designs and pioneering creations, the brand is merging its characteristic numerical coding system with blockchain technology, providing its patrons with an immersive gamified minting experience. Maison Margiela’s digital collectibles are intricately connected to the
The world of investing is experiencing a significant shift, driven by the rise of machine learning technologies. This transformation is especially evident in volatile markets like the cryptocurrency sector, where risk and reward go hand in hand. Traditional financial strategies are being disrupted by the advances in machine learning algorithms, enabling investors to make more
From being a mentor to Sam Bankman-Fried to referring to him as a “colossal mistake,” Anthony Scaramucci is closely following the criminal trial and believes the former crypto mogul will find himself outmatched by government prosecutors who will systematically dismantle his defense. Once a perceived “congenial nerd” who had pledged to give away most of
The Web3 industry is on a mission to disrupt the World Wide Web, and one of its primary targets is social media. In a recent episode of Cointelegraph’s Hashing It Out, host Elisha Owusu Akyaw sits down with Ryan Li, co-founder of CyberConnect, to discuss the concept of decentralized social media. Li begins by shedding
The tech industry was dealt a heavy blow as more than $280 billion was wiped off the combined market cap of the top seven blue-chip tech firms, known as the “magnificent seven.” These tech giants, including Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla, collectively account for a quarter of the S&P 500 index’s value.
The Wall Street Journal recently made headlines by claiming that Hamas, the Palestinian militant group, has raised tens of millions of dollars through cryptocurrency. These allegations were further cited by the U.S. Congress. However, blockchain surveillance experts at Elliptic have analyzed the situation and provided a more nuanced perspective on the issue. In this article,
Loopring, the layer-2 decentralized exchange (DEX) for Ethereum, has recently announced a change in approach. The platform is going multi-network and expanding its core pillars from three to four. This strategic update aims to enhance the functionality of the Loopring Dapp and attract more users from diverse platforms. Under the new shift, the Loopring Dapp
In today’s highly dynamic and competitive business environment, staying ahead of the curve is a constant challenge. As the pace of innovation continues to accelerate, it is crucial for companies to make data-driven decisions in a timely manner. Predictive analytics, a powerful tool that utilizes machine learning and statistical algorithms to forecast future events based
The Financial Conduct Authority (FCA) in the United Kingdom has recently expressed concerns about the failure of many cryptocurrency firms to meet its new promotion requirements. These requirements, which came into effect on October 8, aim to protect investors by ensuring that they are adequately informed about the risks associated with cryptocurrency investments. In this
In a recent blog post titled “The Periphery,” Arthur Hayes, the former CEO of BitMEX, shares his views on the potential future of Bitcoin (BTC) and highlights the significance of geopolitical risks. As the world grapples with heightened tensions and economic uncertainties, Hayes delves into how these macro factors can shape the trajectory of Bitcoin.
In a surprising turn of events, wallets connected to bankrupt crypto firms Alameda Research and FTX have transferred more than $10 million worth of cryptocurrency to exchange deposit accounts. This sudden movement of funds has raised eyebrows and prompted speculation about the intentions and future plans of these firms. One plausible explanation for this transfer
Zilliqa, a leading blockchain technology company, has announced its partnership with Racing League, the premier team-based horse racing competition in the United Kingdom. The collaboration aims to revolutionize fan engagement in horse racing by combining physical and virtual elements, all powered by Zilliqa’s cutting-edge blockchain technology. Later this year, Zilliqa and Racing League will launch
Coinbase, one of the leading cryptocurrency exchanges, has accused the U.S. Securities and Exchange Commission (SEC) of overstepping its boundaries and attempting to redefine the criteria for what constitutes a security. In a recent court filing, Coinbase argued that the SEC’s classification of crypto assets as securities falls outside its jurisdiction and represents a radical
In its final bid to dismiss a lawsuit by the United States Securities and Exchange Commission (SEC), Coinbase has argued that the SEC overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities. Coinbase, in an Oct. 24 filing in a New York District Court, criticized the SEC for its overly broad definition of what
Crypto exchange dYdX, widely recognized as one of the largest non-custodial cryptocurrency exchanges, has taken a critical step towards true decentralization. In an October 23 blog post, dYdX announced the release of the open source code for their new Cosmos-based network, marking a significant stride in their mission to decentralize their exchange operations. dYdX has
Binance, one of the leading cryptocurrency exchanges, has continued to see strong derivatives trading volume during U.S. trading hours amid ongoing legal action. Despite facing a complaint from the Commodity Futures Trading Commission (CFTC), Binance has managed to maintain its position in the market. Derivatives are financial instruments that derive their value from an underlying
The recent performance of KCS, the native token for the tier-1 exchange KuCoin, has been disheartening as price action threatens to fall below the 20DMA. This has led many investors to question whether KuCoin is on the verge of collapse. Additionally, the exchange has fallen to the 41st place in CEX rankings, with less than
In a positive turn of events for the crypto market, major cryptocurrency exchanges have witnessed a net outflow of funds on October 24th. This trend coincides with Bitcoin breaking through the $35,000 mark, a significant milestone that hasn’t been reached in over a year. The movement of assets away from centralized platforms toward individual wallets
In the past 24 hours, two significant XRP transactions totaling nearly 500 million XRP have caught the attention of the crypto community. These transactions, amounting to $213 million and $13 million respectively, have piqued curiosity due to their scale and timing. It is important to analyze these transactions in the context of Ripple’s strategic alliances,
After speculation surrounding a potential spot ETF being listed on DTCC, the price of Bitcoin has surged over 15% to approach the $35,000 resistance level. However, analysts are divided on whether this bullish momentum will continue or if a short-term correction is imminent. In this article, we will analyze the current market conditions and explore
The blockchain art landscape has been forever changed by the emergence of Async Art. Launched in 2020, this platform quickly became a creative hub for artists and musicians, offering a unique and interactive space for artistic expression. With its dynamic approach to digital art, Async Art stood out from other blockchain art platforms. Artists were
The cryptocurrency market has become increasingly competitive, leading strategists to explore new opportunities for investment. One such area showing promise is AI-driven cryptos during presale events. These startups aim to capitalize on the AI craze while also leveraging the real utility that AI can offer to the crypto space. A notable project in this space