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Solana Gains 21% in a Week; Can Sol Hit $171 Next Week?
19.7.2024
Solana’s SOL token has been a bright spot in the crypto market this week, as it witnessed over a 21% gain in the last seven days. This uptick comes amidst a bullish alert spotted on the daily chart by market analyst CryptoBusy. ???? #Solana $SOL HUGE PENNANT on the 1D chart! Watch out...
WazirX Seeks Legal Aid; $234 Hack Reported to Indian Police
19.7.2024
Yesterday, July 18th, 2024, India’s largest cryptocurrency exchange, WazirX, was hacked and lost over $234 million in crypto. Following the attack, WazirX has filed a report with the Indian Police. The exchange says, “…we have filed a police complaint and are pursuing additional...
Galaxy Buys $1B ETH from CryptoManufaktur to Expand Staking
19.7.2024
Reports show Galaxy Digital has bought nearly all assets of blockchain node operator CryptoManufaktur. The purchase involves approximately $1 billion in Ethereum assets. With the new purchase, Galaxy Digital’s Ethereum has added 43% holdings, bringing the company’s total assets to $3.3...
Senator Cynthia Lummis: Trump recognizes Bitcoin’s potential as a savings technology – Will Bitcoin hit $80k?
19.7.2024
In a recent report in Bitcoin Magazine, U.S. Senator Cynthia Lummis indicated that former President Donald Trump sees Bitcoin’s promise as a stored-value technology. According to Lummis’s remarks, Bitcoin could shape significant future political landscapes and point to the emergence...
Hamster Kombat Users Fall Prey to Phishing Attacks
19.7.2024
Telegram has done more than help global citizens communicate. The social media platform has become a home to games, crypto, and blockchain entities. Hamster Kombat, following in the success of Toncoin, has grown in popularity in the last few months. Like any other successful DeFi and Web3 project...
$234M in Crypto Hacked From WazirX, Converted to Ethereum
19.7.2024
WazirX, one of India’s biggest Crypto Exchanges, was hacked yesterday, presenting a significant security concern. The breach led to losing $234 million of the users’ funds. The hacker went for the exchange’s multisig wallet on the Ethereum network, where he or she made away with more than...
Solana ($SOL) projects optimism ahead of Spot Ether ETF’s final approval
19.7.2024
Solana ($SOL) is exchanging hands at $165.03, up by 3.50% in the last 24 hours, at the time of writing this article. Speculation is that SOL will breach a higher mark in the coming days, especially under the positive influence of Bitcoin ($BTC) and Ethereum ($ETH). Ali_Charts, for one, has backed...
Daily crypto updates: BTC nears $64k, XRP loses 5% value, and more
19.7.2024
The crypto market is going through a rollercoaster phase, with tokens making unexpected switches. Over the past week, most cryptos have amassed a decent growth spree. However, on the 24-hour trading chart, cryptocurrencies appear to be struggling. Some of the key reasons for this are market...
Meme Coins Suffer as Bitcoin Fails to Secure $65,000 Support
18.7.2024
Recent weeks proved severe for Bitcoin due to the immense fear caused by the German Government Sell-off and Mt. Gox repayments. It looks like the crypto market is cooling down following the recent rally, which pushed Bitcoin’s (BTC) price to $66,000 during the week’s high. The Bitcoin Effect After...
Dennis Porter Claims Trump Will Announce USA Bitcoin Reserve
18.7.2024
Dennis Porter, CEO of the Satoshi Action Fund, has put out a bombshell of a revelation. In a recent tweet, Porter stated that former President Donald Trump is set to announce a USA Bitcoin strategic reserve during his appearance at the Nashville Bitcoin 2024 conference. HUGE BREAKING: Trump...
Kraken Widens Institutional Presence in UK & Australia
18.7.2024
Kraken, the U.S.-based cryptocurrency exchange, has announced the expansion of its custody service to new and existing clients in the United Kingdom and Australia. This development follows the successful launch of Kraken Custody in the United States earlier this year. Kraken to establish...
ZachXBT Suspects Lazarus Group Link in $230M WazirX Hack
18.7.2024
Hacks are nothing new in the crypto industry, and this time, the victim was WazirX, a leading Indian crypto exchange. The investigation into the $230 million hack, spearheaded by cybersecurity expert ZachXBT, has shed light on intricate details that underscore the vulnerabilities within the crypto...
Here’s Everything to Know About the Approved Spot Ethereum ETFs
18.7.2024
The Securities and Exchange Commission (SEC) has approved the start of spot Ethereum ETFs on July 23. Eight asset managers will offer these new financial instruments: BlackRock, Ark Invest/21Shares, VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, and Invesco/Galaxy Digital. Spot Ethereum...
Reddit Poll Shows Mt. Gox Creditors Favor Holding Bitcoin
18.7.2024
A recent poll on the Reddit Mt. Gox forum revealed that the majority of creditors plan to keep their Bitcoin once compensation is received. A vote on the Reddit MtGox forum showed that among the 467 members who participated in the vote, 260 people chose not to sell the bitcoins after receiving...
Polygon’s MATIC to POL Transition Set for September
18.7.2024
Polygon, the popular Altcoin, is gearing up for a major network change. On September 4, 2024, the network will undergo a mainnet upgrade, replacing its native MATIC token with a new token called POL. This move is a part of the “Polygon 2.0” roadmap. What Does This Mean for Polygon...
Crypto Exchange WazirX Hacked for $234M, Hacker Begins Dump
18.7.2024
Web3 security firm Cyvers and ZachXBT report that the Indian crypto exchange, WazirX, has been potentially hacked. Cyvers told WazirX on X, “Our system has detected multiple suspicious transactions involving your Safe Multisig wallet on the ETH network.” Hacker drains over $230 million...
Bitcoin hits $65k, Ethereum nears $3.5k, while memecoins rejoice
18.7.2024
The crypto market is undergoing rapid changes, thanks to big names like Ethereum making massive modifications. The SEC recently approved two major Spot Ethereum ETFs in the US for trading, putting crypto in the limelight. In the meantime, Bitcoin has managed to reclaim its $65,000 mark. In...
SEC approves Grayscale & ProShares spot Ethereum ETFs for trading
18.7.2024
The US SEC (Securities and Exchange Commission) has approved 2 Ethereum ETFs for trading. The ETFs will be listed on the NYSE’s (New York Stock Exchange) Arca trading platform. The news was officially shared by the SEC in its July 17 filing. The notice stated that the approval of the Form 19b-4...
Ripple Shows Bullish Momentum; XRP Eyes $0.74 Next Week
17.7.2024
The XRP token has exhibited solid bullish sentiment in the past week as its price stabilized above the $0.60 zone. This marks a gain of 15% in the last 24 hours and a 40% spike in the weekly chart. According to reports, this positive price action is attributed to emerging whispers regarding an...
Worldcoin Accused of Price Manipulation Post Unlock Delay
17.7.2024
Worldcoin is under fire after it announced a change in its token unlock schedule and a following price surge. This development has led to allegations of market manipulation and scam accusations from prominent figures in the space. From Unlock Delay to Price Pump On July 16, Tools for Humanity...