Blast network, a Web3 protocol, has made waves in the crypto industry by accumulating over $400 million in total value locked (TVL) within just four days of its launch. However, amidst the excitement surrounding Blast’s rapid success, Polygon Labs developer relations engineer, Jarrod Watts, voiced significant security concerns regarding the network’s centralization. Watts argued that
A well-known crypto analyst from the YouTube channel Crypto Capital Venture recently shared his insights on the potential breakouts of both Bitcoin and Cardano in his latest video published on November 24th. While he refrained from declaring a new bull market, the analyst observed encouraging signs of building momentum, particularly in the case of Cardano
Ethereum has been ending the week on a positive note, experiencing a price increase of 4.7%. This puts Ethereum on a collision course with a key resistance level at $2,100. It is worth noting that this resistance level has already been tested once this month. Should Ethereum successfully break through this resistance, it could potentially
The native settlement token of NEO, GAS, has experienced a significant price explosion in recent weeks. Despite a serious retracement, GAS price has seen an 11.5% increase, leading many to wonder if it is too late to buy GAS token. GAS is used to pay for transactions on the NEO network and is generated through
The Shiba Inu (SHIB) burn tracker, Shibburn, has raised serious concerns about the creator of the popular meme coin, known by the pseudonym “Ryoshi.” According to Shibburn, Ryoshi’s actions may not have always been in the best interest of the SHIB ecosystem. In a series of posts, the community project pointed out that the founders
Former Binance CEO Changpeng Zhao recently faced a temporary restriction on his social media profile, raising questions about the platform’s policies and algorithms. This incident occurred shortly after Zhao stepped down from his executive position at Binance, adding to the speculation surrounding the situation. Let’s delve into the details and implications of this temporary restriction.
The rapid growth of Web3, also known as the decentralized web, has brought about a new frontier in innovation. With its shift away from centralized servers towards peer-to-peer interactions and cryptographic methods, Web3 offers key features such as blockchain technology, smart contracts, and token-based economies. However, this evolution also brings significant security risks that users
Ether (ETH) price has managed to maintain support above the $2,000 level on November 23rd, following a brief retest of $1,930 on November 21st. Over the past week, the price of Ether has increased by 2.5%, while the total market capitalization has grown by 0.5%. This upward trend can be attributed to several factors, including
Crypto whales are increasingly showing interest in yPredict tokens as the platform combines predictive analytics and artificial intelligence (AI) for crypto asset management. This AI and crypto analytics startup has gained significant traction in recent months, culminating in its upcoming listing on major crypto exchanges. The integration of AI-powered solutions for predictive analysis is disrupting
The U.S. Department of Justice (US DOJ) has taken action to prevent former Binance CEO and founder Changpeng ‘CZ’ Zhao from leaving the continental United States before his sentencing. This decision comes after Binance and CZ pleaded guilty to charges of Bank Secrecy Act violations and agreed to settle the lawsuit by paying $4.3 billion.
The Monetary Authority of Singapore (MAS) recently announced expanded regulations to ensure the safety of retail cryptocurrency users and mitigate potential risks in the growing industry. This move reflects the increasing concerns surrounding speculative crypto activities and aims to establish a secure environment for consumers. Safeguarding Retail Customers MAS directed Digital Payment Token (DPT) service
Cardano (ADA) has recently faced major legal actions from the Securities and Exchange Commission (SEC) against leading cryptocurrency exchanges Binance and Kraken. Despite these regulatory lawsuits, analyst Crypto Capital Venture remains bullish on Cardano. The price of ADA has shown remarkable resilience and has not experienced significant capitulation. This article will analyze the reasons behind
In a shocking turn of events, Binance’s founder and former CEO, Changpeng “CZ” Zhao, recently pleaded guilty to violating the Bank Secrecy Act, leading to serious consequences for the leading cryptocurrency exchange. This article aims to critically analyze the impact of CZ’s plea deal, the charges against Binance, and the potential ramifications for the future
XRP price recently experienced a downside correction, dipping to the $0.572 mark. However, the price has now embarked on a rising trend, potentially gaining bullish momentum if it manages to surpass the $0.642 level. This correction came after XRP failed to breach the $0.740 resistance zone, which sparked a new decline. It slid past the
In a shocking turn of events, the director of Netflix’s sci-fi series “Conquest,” Carl Erik Rinsch, reportedly used a substantial portion of the show’s budget to bet on Dogecoin (DOGE) and made an astonishing $27 million in the process. The New York Times recently revealed, through a confidential arbitration proceeding, that Rinsch is now demanding
The gaming industry is constantly evolving, with advancements in technology driving innovative gameplay experiences. In a landmark move, Planetarium Labs has announced the launch of Nine Chronicles M, the mobile version of their popular game Nine Chronicles. This groundbreaking release marks a pivotal moment in the Web3 gaming space, as Nine Chronicles M becomes the
The imminent closure of Bittrex Global, a popular cryptocurrency exchange, has caused Bitcoin (BTC) to trade at a substantial premium. Data from the exchange’s website reveals that the BTC/US Dollar pair surged to $46,300 before retracing to $44,613 at the time of writing. This price surpasses the current average of $36,450 on major platforms like
FTX and Alameda have been actively divesting their holdings in an effort to reach settlements with creditors amidst the twists and turns of the bankruptcy battle. Over the past 24 hours, both entities have transferred a significant amount of MATIC and AVAX to various exchanges, demonstrating their commitment to resolving their financial obligations. FTX Deposits
The recent news of the Securities and Exchange Commission (SEC) suing crypto exchange Kraken has left many industry experts and analysts perplexed. As a crypto analyst and host of The Luckside Crypto, I am astonished by the ongoing discussions surrounding such lawsuits, especially considering the lack of substantial allegations against Kraken. In this article, we
Bitcoin (BTC), the largest cryptocurrency on the market, has once again encountered difficulties in consolidating and reaching the $38,000 level. In fact, it is currently experiencing a 3% pullback, raising concerns among the community. Speculations regarding a possible retracement before the bullish momentum resumes and the next uptrend begins have started to emerge. Renowned crypto
The U.S. Department of the Treasury made a groundbreaking announcement on November 21, shedding light on the extensive wrongdoing by cryptocurrency exchange platform Binance. Secretary of the Treasury, Janet Yellen, did not mince words, stating that Binance had blatantly disregarded its legal obligations in pursuit of profit. Yellen further expressed that Binance’s failures to fulfill
In an exciting announcement, blockchain game startup supporter, Animoca Brands, has teamed up with Ubisoft’s Strategic Innovation Lab. The primary focus of this joint venture is to advance Ubisoft’s Web3 endeavors within Mocaverse, an extensive metaverse initiative launched by Animoca Brands. The partnership aims to boost Ubisoft’s Web3 projects, particularly the highly anticipated RPG game,
Cryptocurrency trading has long been plagued by uncertainty, fear of missing out (FOMO), fear, uncertainty, and doubt (FUD), as well as a flood of misinformation. The noise in the market can often make it difficult for traders to decipher the real market realities and make informed decisions. However, yPredict.ai is on a mission to change
Bitcoin’s market dominance has long been considered a crucial indicator of its strength in the cryptocurrency market. Currently, this metric sits at a multi-year high above 51%. However, a closer examination reveals that the concept of “Bitcoin dominance” may not be as informative as it appears, particularly when considering the broader dynamics of the cryptocurrency
Binance, one of the leading cryptocurrency exchanges, recently issued a statement regarding its resolution of investigations from the U.S. Department of Justice (DOJ) and other agencies. The company publicly admitted to past wrongdoing and expressed its satisfaction with the resolution. In its statement, Binance acknowledged that when it initially launched, it lacked adequate compliance controls
The world of cryptocurrencies is constantly evolving, and a new class of digital assets is gaining traction in the market. These innovative cryptocurrencies, known as AI crypto tokens, are revolutionizing the industry by integrating artificial intelligence into the underlying blockchain architecture. With features like predictive analytics and automated trading algorithms, AI crypto tokens offer promising
In the ever-evolving world of cryptocurrencies, Cardano’s ADA token has caught the attention of many market analysts, with YouTube cryptocurrency analyst LuckSide Crypto highlighting its potential for a major breakout. Despite recent struggles with its price, ADA has consistently hit key levels, indicating a positive market pressure. This article aims to explore the possibilities of