A recent report by JPMorgan has shed light on the rising concerns surrounding Ethereum staking in the wake of major network upgrades such as the Merge and Shanghai. While these upgrades have brought about several positive changes to the Ethereum network, they have also come at a cost. The report highlights two key issues: the
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The cryptocurrency industry has long been plagued by concerns surrounding user privacy, security, and ethical business practices. Recent allegations against Arkham Intelligence, a prominent crypto intelligence firm, have once again brought these concerns to the forefront. Whistleblower platform Crypto Leaks released a report that accuses Arkham of exploiting vulnerabilities at major exchanges to uncover users’
Bitcoin has emerged as a major player in the NFT ecosystem, surpassing other blockchain networks like Ethereum, Solana, and Polygon in terms of the number of image-based inscriptions created. According to a report by Galaxy Research, over the first 200 days since the launch of the Ordinals protocol, 1.14 million inscriptions have been made on
An investigative report recently published in Forbes has raised concerns about the accuracy of Binance’s initial coin offering (ICO) for Binance Coin (BNB) back in 2017. This report suggests that Binance may have significantly overstated the success of the ICO, casting doubt on the credibility of the cryptocurrency exchange. According to the Forbes report, Binance
Recent court wins against the United States Securities and Exchange Commission (SEC) have propelled Ripple and its XRP token into the spotlight. This article explores the growing number of XRP wallets, the impact of Ripple’s court victories, and the speculation surrounding an IPO or settlement announcement. Rise in XRP Wallets The total number of XRP
Wall Street has a reputation for its secretive nature, especially when it comes to profit-making opportunities. Just as the rapid rise of electric vehicles caught traditional investors off guard, new AI crypto projects like yPredict could potentially disrupt the financial systems that the industry has relied on for years. This article delves into the rise
In a recent incident on October 5, the StarsArena Web3 app on the Avalanche network fell victim to a malicious attack, resulting in the loss of a significant amount of funds. The attack was brought to light by a user with the handle Lilitch.eth, who raised the alarm on X (formerly known as Twitter). According
The decentralized social media application Stars Arena has recently caused a significant increase in activity on Avalanche’s C-Chain network. This surge in network activity has also led to a rise in the price of Avalanche’s native AVAX token. Over the past 24 hours, the AVAX token has gained more than 8% in value. Stars Arena,
The Shiba Inu community has once again been targeted by scammers, as the SHIB Telegram admin account was recently compromised. This breach has resulted in the announcement of a fraudulent BONE token airdrop, falsely claiming that anyone can participate in the offering. It is crucial for community members to exercise extreme caution and remain vigilant
The cryptocurrency market has witnessed Ethereum (ETH) outperforming Solana (SOL) in the weekly chart for the past two years. However, according to technical analyst “CryptoGodJohn,” this trend is about to change, especially considering the candlestick arrangement of the SOLETH chart on the weekly chart. While this may seem like the perfect opportunity for traders to
The Bank for International Settlements (BIS), in collaboration with central banks within the Eurosystem, has recently unveiled Project Atlas. This pioneering initiative aims to delve into the economic impact of crypto assets and decentralized finance (DeFi). We are witnessing a concerted effort by the BIS Innovation Hub Eurosystem Centre, De Nederlandsche Bank, and the Deutsche
The recent rally in Bitcoin’s price has caught the attention of many analysts and investors. However, in order for this rally to make a real comeback, Bitcoin might have to conquer a critical level. On-chain data reveals that the price of Bitcoin has been retesting the short-term holders’ cost basis or the realized price. The
The Museum of Modern Art (MoMA) has unveiled a groundbreaking digital initiative that centers around Non-Fungible Tokens (NFTs) and aims to foster collaboration and artistic exploration within the blockchain space. Known as “MoMA Postcard,” this visionary project allows users to delve into the world of digital art creation on the blockchain, taking the concept of
In recent years, the integration of artificial intelligence (AI) technologies into blockchain-based solutions has gained significant traction. CoinMarketCap data suggests that the AI crypto market has now reached a remarkable valuation of nearly $4.6 billion. This article delves into the transformative potential of AI in the financial technology (Fintech) sector, with a specific focus on
JPEX, a cryptocurrency exchange based in Hong Kong, has recently faced criticism due to its decision to restrict user withdrawals. According to a report by The South China Morning Post, JPEX has converted user balances into a non-withdrawable cryptocurrency called JPC. This unexpected conversion has left users unable to access their crypto balances, causing frustration
In a significant move for the blockchain gaming industry, Metacade, a community-led gaming platform, and Polygon Labs, a leading provider of Ethereum-scaling solutions, have announced a strategic collaboration. This partnership aims to enhance user acquisition, promote the development of new games, and accelerate the adoption of Polygon protocols among gamers and developers. The alliance will
The Open Network (TON), an innovative decentralized blockchain platform initially designed by Telegram, has recently secured significant funding from MEXC Ventures, the venture arm of the cryptocurrency exchange MEXC. This investment marks a major milestone for TON and demonstrates the growing interest and support for the platform in the cryptocurrency community. MEXC Ventures, a subsidiary
Cryptocurrency assets have recently experienced changes in their inflows and outflows, as reported by the latest Digital Asset Fund Flows Weekly Report from CoinShares. In this report, Bitcoin emerged as the biggest gainer, while Ether faced outflows for the seventh consecutive week. Additionally, various factors, including positive price momentum and concerns about government debt prices,
India is taking significant steps towards establishing itself as a dominant player in global cryptocurrency regulation. The country is reportedly working on a comprehensive global database that will encompass all crypto exchanges, including those operating on the dark web. With the aim of detecting and combating cryptocurrency-related crimes, this initiative is set to launch by
Coinbase’s Chief Legal Officer (CLO) Paul Grewal has shared insights into the upcoming jury selection in the trial of the former CEO of the now-defunct crypto exchange FTX, Sam Bankman-Fried (SBF). Grewal highlights the significance of fair jury selection and expresses his expectations for the proceedings. In this article, we delve into the importance of
Many cryptocurrency analysts are closely monitoring Ripple’s native token, XRP, as they believe it has the potential to break out in the near future. One such analyst, known as Dark Defender on Twitter, has identified key price targets that XRP could surpass. This article will delve into these predictions and assess their feasibility. Dark Defender
Milady Maker, an NFT project that gained initial prominence for its unique and stylized artwork, is currently embroiled in multiple controversies that raise serious questions about its future. Launched in 2021 by Charlotte Fang, who recently revealed his true identity as Krishna Okhandiar, Milady Maker garnered attention with its collection of 10,000 “neochibi” style profile
ApeCoin (APE) has experienced a significant tumble of -8% after facing rejection from upper-trendline resistance. This drop adds to the ongoing 9-month cascade, leaving many investors concerned about the future of ApeCoin. The decline in price is not an isolated event but is part of the wider disarray in the Bored Ape Yacht Club (BYAC)
In the world of blockchain, where transparency and security are key, the dark underbelly of cryptocurrency laundering continues to thrive. Recent investigations by blockchain analytics investigators have shed light on an individual who is allegedly involved in a cryptocurrency laundering operation. This article delves into the details of the operation, the methods used, and the
Coinbase, one of the largest cryptocurrency exchanges in the world, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Coinbase to extend its payment services in Singapore and expand its digital token offerings to individuals and institutions in the country. Coinbase’s MPI license is a significant
Optimism (OP) has experienced a significant boost in its price today, reaching $1.45 with a notable 5% increase in the past 24 hours. Over the course of the last seven days, OP has seen its price surge by an impressive 15%. This rally in OP’s price coincides with the overall improvement in the cryptocurrency market,
As October approaches, the cryptocurrency market is gearing up for several significant token releases. Among the notable projects set to launch their tokens this month are Axie Infinity, Optimism, and Aptos. These projects are collectively expected to release over $130 million into the market. Leading the pack is Axie Infinity, a blockchain-based NFT game. On