Crypto

North Korea has been making headlines due to its involvement in cyberattacks, with the United Nations Security Council revealing that the country earns a significant portion of its foreign exchange earnings through these illegal activities. The council’s report indicates that North Korea’s cyberattack strategy involves compromising digital wallet private keys and seed phrases, leading to
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In the midst of escalating inflation and economic instability, Argentinians are turning to Bitcoin as a safe haven, with recent data showing a significant increase in cryptocurrency purchases. The surge in Bitcoin transactions has been particularly notable in the first week of March, with a reported 34,700 weekly purchases in Argentina. This represents a substantial
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The meme coin sector has recently experienced a surge in popularity, with certain assets gaining significant traction on social media platforms. While early adopters have reaped substantial profits from tokens like SHIB and WIF, caution is advised due to the inherent volatility in this niche market. Top Performers in the Meme Coin Sector Contrary to
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The XRP Ledger (XRPL) has recently integrated automated market maker (AMM) functionality into its decentralized finance ecosystem. This new feature has already shown promising results with the creation of the first AMM liquidity pools supporting pairs such as XRP/USD and XRP/BTC. Automated Market Makers (AMMs) rely on mathematical algorithms to quote cryptocurrency prices and facilitate
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After a lengthy legal process, it seems that Do Kwon, the co-founder of Terraform Labs, will finally be extradited to South Korea. The Appellate Court of Montenegro recently upheld a decision to extradite Kwon, who was arrested in March 2023 in Montenegro alongside the Terraform Labs’ Chief Executive Officer. Kwon’s extradition has been the subject
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The recent fluctuations in Bitcoin’s price have been nothing short of dramatic. After hitting an all-time high of nearly $74,000, the leading cryptocurrency experienced a sharp decline, dropping to a 2-week low of under $61,000. However, following the latest FOMC meeting, Bitcoin’s price reversed its trajectory and surged by over seven grand in a matter
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The official Twitter account of Trezor, a well-known hardware wallet manufacturer, recently suffered a devastating compromise. It is suspected that the breach was a result of a SIM swap attack, which led to fraudulent messages being posted on the platform. These messages promoted fake token sales and wallet scams, tricking users into sending funds to
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Bitcoin, the leading cryptocurrency, has witnessed a significant drop in its price, losing roughly ten thousand dollars since its peak last Thursday at almost $74,000. This sudden downfall has also impacted other alternative coins, causing the total crypto market cap to plummet to under $2.5 trillion from exceeding $2.9 trillion just last week. After a
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Cardano’s development and utility have been scrutinized within the community, particularly concerning the Hydra project. This layer 2 scalability solution aims to enhance transactions, reduce costs, and optimize Cardano’s functionality. While rumors of the project’s demise circulated, co-founder Charles Hoskinson vehemently denied these claims, labeling them as “pure FUD.” He emphasized the team’s increased productivity
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The cryptocurrency market has experienced a weekend of extreme volatility, with Bitcoin plummeting to a ten-day low of under $65,000. This sharp decline comes after a period of bullish momentum that saw Bitcoin reach a new all-time high of $73,800 earlier in the week. However, the bulls’ reign was short-lived as the bears took control
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Paul Grewal, the Chief Legal Officer at Coinbase, has taken issue with a letter penned by two U.S. senators that urges the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds (ETFs) and refrain from approving any further cryptocurrency ETF applications. In a recent statement, Grewal argues that expanding the ETF
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Recently, Binance, the world’s leading crypto exchange, made a significant move by spinning off its venture capital and incubation arm, Binance Labs. This decision, which took place earlier this year, marks a new chapter in the company’s evolution under the leadership of CEO Richard Teng. The website of Binance Labs now clearly states its independence
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Amidst the recent market correction, Ripple’s XRP has experienced a significant dip in its price, currently hovering around the $0.63 mark according to CoinGecko’s data. This represents a 5.5% decrease over a 24-hour period. Despite this downturn, analysts are remaining optimistic about XRP’s potential for recovery and future growth. Analyst EGRAG CRYPTO has expressed confidence
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The price of Bitcoin surged to a new all-time high, nearing $74,000 after a slight dip below $72,000 just a day before. This milestone comes after a strong performance towards the end of last week when Bitcoin surpassed $70,000 for the first time on Friday. Despite a minor retracement following this peak, BTC continued to
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MakerDAO, a prominent DeFi lending protocol, has recently announced its ambitious plan for the future with the introduction of the highly anticipated ‘Endgame’. This multi-phase project is set to revolutionize the ecosystem and drive exponential growth in Dai adoption. With the first phase scheduled for a summer 2024 launch, MakerDAO aims to establish a fully
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Bitcoin mining earnings have recently reached an all-time high, reflecting the ongoing surge in the value of the leading cryptocurrency. According to data compiled by CryptoQuant, miners raked in a daily revenue of $78.6 million on March 7, surpassing the previous record set during the peak of the crypto boom in April 2021. This surge
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Thailand’s Securities and Exchange Commission (SEC) recently made a significant change to its regulations, allowing for the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This new opportunity is, however, limited to institutional investors and high-net-worth individuals. The decision to permit asset management firms to oversee
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