Crypto

The year 2024 marked a significant turning point for the cryptocurrency market, with meme coins firmly establishing themselves as the dominant players in the narrative. This unprecedented surge has led to the emergence of a new class of crypto millionaires, fueled largely by speculative investments that have overshadowed traditional metrics of value. Reports from CoinGecko

In an era where digital assets are increasingly vulnerable to criminal activities, Binance, the leading cryptocurrency exchange, has emerged as a bastion of security for its users. According to their recent Anti-Scam Refund Initiative report, Binance successfully thwarted over $129 million in potential losses due to scams in 2024. Leveraging advanced technologies such as artificial

In an alarming trend, cybercriminals are increasingly exploiting well-known platforms to conduct elaborate phishing schemes, particularly targeting cryptocurrency enthusiasts. A recent incident detailed by blockchain security firm SlowMist shed light on a concerning phishing campaign that centered around fake Zoom meeting links. This innovative yet malicious approach has led to significant financial losses for numerous

As we approach the culmination of 2024, the non-fungible token (NFT) market continues to reveal a complex narrative, showcasing resilience despite fluctuations that may have deterred casual observers. With total sales reaching approximately $8.72 billion, the industry has managed to surpass its previous year’s revenue slightly. CryptoSlam’s data highlights the nuanced performance of NFT sales

The cryptocurrency landscape has faced significant turbulence over the past week, characterized by a marked downturn that has left investors speculating about the future. As we approach the end of the year, the much-anticipated Santa Claus rally has yet to materialize, leaving many to wonder if the typical bullish trend associated with the holiday season

The cryptocurrency landscape experienced a significant alteration in dynamics in December 2024, primarily spurred by the rise of AI-driven initiatives. As the dust settled on the year’s final month, a clear disparity emerged between the flourishing sectors and those facing notable downturns. This article delves into the key performance metrics and emerging narratives that defined

In light of the recent fluctuations in the cryptocurrency market, Bitcoin continues to assert its dominance as the leading digital asset. According to Franklin Templeton’s 2025 crypto outlook report, Bitcoin is projected to reinforce its status as an essential global financial instrument. This outlook suggests that Bitcoin is increasingly perceived not just as a speculative

In 2024, the cryptocurrency landscape has faced a daunting challenge: access control vulnerabilities have surged to the forefront as the primary contributor to financial losses, accounting for 75% of all damages in the crypto space, significantly elevating concerns among investors and developers alike. This alarming shift, highlighted by Hacken’s report, underscores a 25% increase from

The cryptocurrency landscape has long been a breeding ground for deception and fraud; however, a new twist in the ongoing battle between criminals has emerged. Interestingly, this scheme flips the common scam narrative on its head by taking advantage of would-be thieves, ensnaring them in a meticulously crafted trap. Recent findings by cybersecurity experts reveal

December 2023 stands out as a historic month for MakerDAO, a significant player in the decentralized finance (DeFi) sector. Recent analytics from DeFiLlama have unveiled that MakerDAO achieved an unprecedented $40.86 million in fees, which is a pivotal metric for assessing user engagement and platform vitality. Additionally, the protocol recorded $26.77 million in revenue, showcasing

The landscape of cryptocurrency taxation is evolving rapidly, and the new regulations set to come into effect in 2025 have prompted the IRS to implement a temporary relief measure for crypto holders dealing with centralized finance (CeFi) brokers. This move is primarily aimed at easing the burden of compliance associated with upcoming reporting mandates established

As the digital landscape continues to evolve, the intersection of artificial intelligence and blockchain technology is proving to be a fertile ground for innovation. AI16Z, a prominent platform positioning itself at this crossroad, is contemplating the launch of an advanced layer-1 (L1) blockchain. This initiative aims to revolutionize its tokenomics by embedding the native AI16Z

The global landscape of cryptocurrency is witnessing a pivotal transformation, particularly marked by the potential establishment of a Bitcoin reserve in the United States. Gerovich, CEO of Metaplanet, recently indicated that this development could spark an international movement towards Bitcoin accumulation, drawing parallels to the strategic operations of MicroStrategy, a leading technological firm. Such moves

Syria’s economy is currently grappling with the devastating effects of a prolonged conflict, leading to an unprecedented hyperinflation and a significant devaluation of its national currency. In this dire situation, the Syrian Center for Economic Research (SCER) has put forth a transformative proposal advocating for the legalization of Bitcoin and the digitization of the Syrian

As 2023 draws to a close, the infamous figure known as the “Blockchain Bandit” has once again stepped into the limelight. This notorious entity has successfully consolidated a staggering 51,000 ETH, equating to approximately $172 million, into a single multisig wallet as of December 30. This alarming activity serves as a stark reminder of the

On December 31, the Swiss Federal Chancellery marked a notable turn in Switzerland’s monetary landscape by registering an initiative urging the Swiss National Bank (SNB) to include Bitcoin in its reserves. This initiative is driven by a passionate coalition of Bitcoin advocates, including notable figures like Giw Zanganeh from Tether and Yves Bennaïm of the

In the cryptocurrency arena, seasonality often plays an essential role in market movements, especially in the case of Bitcoin (BTC). Traditionally, the final quarters of halving years witness a surge in demand, largely influenced by a wave of investor optimism. However, recent patterns suggest a significant shift in this trend. Over the past fortnight, BTC

Shiba Inu (SHIB), once a distant player in the crowded cryptocurrency landscape, is witnessing a remarkable revival in its market performance. The meme coin, which was initially created as a playful alternative to more established cryptocurrencies, saw its circulating supply significantly reduced in the previous year due to an aggressive burning strategy. This, combined with

As 2024 unfolds, Ethereum has not experienced the robust performance that many in the cryptocurrency community had anticipated, with a mere 47% increase from its previous lows. In stark contrast, Bitcoin has taken the lead, achieving an impressive 120% surge and reaching unprecedented six-figure valuations. This discrepancy raises questions about the underlying factors affecting both

The cryptocurrency world often finds itself at the crossroads of innovation and regulation, and one of its prominent figures, Vitalik Buterin, is stepping in to offer support where it’s most needed. Recently, Buterin donated a substantial sum of 50 ETH, roughly valued at $170,000, to assist Tornado Cash developers Roman Storm and Alexey Pertsev as

As the cryptocurrency landscape becomes increasingly intertwined with political shifts in the United States, the recent surge of Ripple’s native token, XRP, has caught the eyes of investors and analysts alike. Following the re-election of Donald Trump on November 5, XRPs trajectory shifted dramatically, leaving many to wonder whether this rise was merely a fleeting

As 2024 unfolds, Bitcoin’s price trajectory has turned into a psychological roller coaster for traders and investors alike. On one hand, the cryptocurrency reached a staggering daily high of $96,000, igniting bullish sentiment among traders. However, this brief moment of elation was swiftly curtailed, leading to a drop that stirred anxiety across the broader cryptocurrency

In the ever-evolving landscape of cryptocurrency, Binance has recently captivated attention with an astounding leap in its stablecoin reserves, reaching a historic high of $31 billion. This pivotal achievement marks a drastic recovery from the mere $7 billion reported just six months earlier, highlighting a phenomenal increase almost fivefold within the span of half a

In a significant development for the cryptocurrency landscape, Tether, the world’s largest issuer of stablecoins, has fortified its Bitcoin reserves by adding $700 million worth of the cryptocurrency. This acquisition of 7,629 BTC was recorded on December 30, 2024, as Tether strategically transferred these assets from its associated exchange, Bitfinex, to its corporate wallet. This

Bitcoin, the leading cryptocurrency, has found itself in a precarious situation, experiencing a sharp decline that has seen its price plummet to $91,300—the lowest figure in over a month. This latest downturn highlights the volatility that Bitcoin has faced, particularly as the year draws to a close. Just a fortnight ago, Bitcoin was trading above

In the fast-paced world of cryptocurrency, significant fluctuations are commonplace, and the performance of XRP has recently highlighted this volatility. On a Monday that marked the midway point of the trading week, several major cryptocurrencies—including Ethereum, Dogecoin, and Avalanche—faced declines, primarily due to a series of unfavorable hourly red candles. However, none experienced the downturn

The rapid evolution of decentralized finance (DeFi) has ushered in a new era of financial services that promise transparency, inclusivity, and accessibility. However, the recent imposition of a broker reporting rule by the U.S. Treasury and IRS, spearheaded by Michele Korver, head of regulation at Andreessen Horowitz’s blockchain division A16z Crypto, has sparked significant controversy