Super Sushi Samurai, a highly-anticipated blockchain game on the layer-2 solution Blast, fell victim to an exploit just hours before its launch. The exploit, attributed to a white hat hacker, resulted in a loss of $4.6 million due to a critical bug in the smart contract code. This bug allowed the hacker to trigger an
Crypto
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
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
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
The cryptocurrency market is abuzz with news of XRP experiencing a notable price spike on the Atlantis Exchange. While excitement initially spread among X users as the asset’s price seemingly soared to an all-time high of $74, it was later revealed to be a short-lived glitch. This surge came shortly after Atlantis Exchange introduced trading
The ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) regarding the classification of XRP has been a topic of significant interest within the cryptocurrency community. With the trial scheduled for April 23, the resolution of this lawsuit could have far-reaching implications for both XRP’s legal status and its price
A Federal High Court in Nigeria has recently issued an order to Binance, the world’s largest cryptocurrency exchange, to provide comprehensive data on all local users trading on its platform to the Economic and Financial Crimes Commission (EFCC). This decision comes as part of the government’s crackdown on Binance for its alleged involvement in the
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
The recent surge in NodeMonkes, Bitcoin’s premier NFT collection, has taken the market by storm. In the past 24 hours, NodeMonkes witnessed a staggering 53.3% increase in its floor price, propelling it to the position of the second-largest NFT collection in terms of market capitalization. With a floor price of 0.83 BTC, approximately $55,890, NodeMonkes
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
Bitcoin recently reached a new all-time high of over $73,500 before experiencing a sharp drop to $65,000. It has since then managed to recover some of its losses and is now trading at over $68,600. The upcoming Federal Open Market Committee (FOMC) meeting scheduled for March 20 could potentially be a catalyst for another price
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
The past week has been a rollercoaster ride for Bitcoin and other cryptocurrencies, with prices seeing unprecedented levels of volatility. Bitcoin’s price started the week with sharp fluctuations, dropping to $67,000 before surging to a new all-time high of nearly $73,000. However, the bulls’ momentum was short-lived, as bears quickly took control and pushed the
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
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
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
The latest meme coin to hit the market, BOOK OF MEME (BOME), has taken the cryptocurrency world by storm with an astonishing price rally of 5,000%. This remarkable debut has captured the attention of investors looking to capitalize on the volatile yet potentially profitable meme coin market. The Solana Blockchain: A Hotbed for Meme Coin
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
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
Recently, CryptoQuant founder Ki Young Ju expressed concerns about the continuous influx of capital into spot Bitcoin ETFs. He warned of a potential sell-side liquidity crisis within six months if this trend persists. Ju emphasized that bears will not be able to win this game until the inflow of spot Bitcoin ETFs stops. In the
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
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
Bitcoin’s recent surge past $70,000 has left many experts analyzing its potential future growth. According to Rekt Capital, historical patterns indicate that Bitcoin tends to reach its peak around 518-546 days after a halving event. However, the current cycle seems to be accelerating, with a potential deviation of around 260 days. This suggests that the
Ethereum (ETH) has been on a significant price growth trajectory, surpassing the $4,000 level for the first time since December 2021. This surge in price, with a monthly increase of 60%, has caught the attention of many investors and analysts who believe that the rally could continue in the near future, potentially leading to a
Bitcoin experienced a rollercoaster ride over the past week, starting with a sharp increase over the weekend that led to a new all-time high of nearly $73,000. This surge was a result of several factors, including a positive start on Monday and renewed investor interest in the cryptocurrency market. However, this record-breaking high was short-lived
The price of Ethereum has been on a rapid rally in recent weeks, surpassing multiple resistance levels. This surge has led to the price hitting a significant level that may act as a barrier for further growth. Looking at the daily chart, Ethereum has been consistently making higher highs and higher lows, indicating a positive
The recent listing of Metis (METIS) on Binance has had a positive impact on the price of the cryptocurrency. This development comes at a time when the overall cryptocurrency market is experiencing a resurgence, with major cryptocurrencies like Bitcoin (BTC) reaching record highs. Binance’s continuous efforts to enhance its platform in response to market trends