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Manta Network’s Ethereum Layer 2 Blockchain Exceeds $800M in TVL
12.1.2024
Source: Adobe / lumerb Manta Pacific, the native Layer 2 modular blockchain of Manta Network, has witnessed a 65-fold increase in Total Value Locked (TVL) over the last quarter. Launched just under four months ago, in October 2023, Manta Pacific’s TVL started at a modest $10 million. However...
South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News
12.1.2024
Source: mirsad/Adobe South Korean crypto-related KOSDAQ stocks “soared” on the news of the US Securities and Exchange Commission (SEC)’s approval of 11 Bitcoin spot ETFs. No South Korean crypto firm has yet floated on the Korean Exchange. However, several listed companies have...
StarkWare CEO Uri Kolodny Steps Down for Health Reasons, Continues as Board Member
11.1.2024
Source: StarkWare Uri Kolodny, the CEO and co-founder of StarkWare Industries, has stepped down from his role due to family health issues. However, he will remain a board member of StarkWare and Starknet Foundation. Announcing his decision on X, Kolodny appointed Eli Ben-Sasson, the president...
Record $2.3B in Bitcoin ETF Trades as BTC Rockets to $49K, Then Plummets Below $46K
11.1.2024
At 11 a.m. Eastern Time (ET) on Jan. 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) boasted a remarkable trading volume of $2.3 billion. However, in a dramatic turn of events later that afternoon, bitcoin’s spot markets experienced a steep decline, with prices falling...
Jamie Dimon Insists Bitcoin Doesn’t Have Value as JPMorgan Teams up With Blackrock on Spot Bitcoin ETF
11.1.2024
JPMorgan Chase CEO Jamie Dimon has insisted that bitcoin doesn’t have value, emphasizing that its use cases are sex trafficking, tax avoidance, money laundering, and terrorism financing. However, JPMorgan has teamed up with Blackrock to help the world’s largest asset manager grow...
Bitcoin Price Prediction as ETF Deadline Ends Today – $100,000 BTC Incoming?
10.1.2024
In a dramatic turn of events, Bitcoin, the most prominent cryptocurrency, recently witnessed a surge to nearly $48,000. This unexpected rise was triggered by a misleading tweet from the U.S. Securities and Exchange Commission (SEC), which falsely indicated the approval of Bitcoin exchange-traded...
SEC’s Spot Bitcoin ETF Approval Post Unauthorized — Chair Gary Gensler Says SEC’s X Account Was Compromised
10.1.2024
The U.S. Securities and Exchange Commission (SEC)’s X account announced the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday. However, minutes later, SEC Chairman Gary Gensler claimed that the agency’s social media account was compromised and the post was unauthorized. Some...
Less Than 15,000 Blocks to Halving: ETF Hopes and Ordinal Inscriptions Serve as Life Preserver for Bitcoin Miners
9.1.2024
As of Jan. 9, 2024, fewer than 15,000 blocks remain before the fourth Bitcoin halving event. This milestone will halve the block reward from 6.25 to 3.125 bitcoins per block. Expected to occur in April 2024, this event will render bitcoin increasingly scarce. However, it may exert considerable...
Bitcoin Decouples from Nasdaq, 40-Day Correlation Now Stands at Zero
9.1.2024
Source: Adobe/vinnstock Bitcoin (BTC) has broken free from its historical correlation with Nasdaq (NDX), with the 40-day correlation dropping to zero. For most of the past four years, BTC had been moving in sync with the tech-heavy equity index on Wall Street. However, according to data analyzed...
Iranian Crypto Exchange Bit24.cash Reportedly Exposes Sensitive Data of Nearly 230K Users
9.1.2024
Source: Pixabay Iranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “wholly untrue.” The breach was attributed to an alleged misconfigured storage system used by...
Morgan Stanley’s Chief Economist Predicts Rate Cuts ‘This Year’ as Market Eyes Federal Reserve’s Next Move
8.1.2024
This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning the federal funds rate, with a particular focus on potential rate cuts this year. Ellen Zentner, Morgan Stanley’s lead economist in the U.S., predicts...
Solana Memecoins Continue Freefall of Over 70% After December Boom
8.1.2024
Source: Pixabay Meme coins on the Solana blockchain have continued their rapid drop after a surge in December. The Solana blockchain previously drew attention in December after bonk tokens experienced a rally of over 1000%. SOL, Solana’s native token, even exceeded the market capitalization...
How to Buy Retik Finance (RETIK)? A Beginner’s Guide
8.1.2024
The cryptocurrency landscape is a vast and ever-evolving frontier, where innovation and ambition often collide. Retik Finance emerges as a beacon in this digital gold rush, promising a revolution in how we interact with our finances. However, for newcomers, navigating the intricacies of buying...
Will Shiba Inu (SHIB) beat the market cap of Dogecoin (DOGE)? Analysts reckon Retik Finance (RETIK) will do that instead
7.1.2024
In the dynamic world of cryptocurrencies, the race to the top is ever-changing. Shiba Inu (SHIB) and Dogecoin (DOGE), two of the most popular meme coins, have been in a neck-and-neck battle in terms of market capitalization. However, analysts are now shifting their focus to a new contender – Retik...
From Dogecoin to Rebel Satoshi: Why Seasoned Investors Are Shifting Focus to This Emerging Crypto Marvel
7.1.2024
TLDR Dogecoin stagnates at around $0.093, and experts expect it to start bleeding soon. Rebel Satoshi has gained 100% thus far, with more gains coming before February. As 2023 nears its end, top crypto coins like Dogecoin (DOGE) have recorded notable gains. However, novice investors who missed...
Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank’s Cashless Policy — Nigerian Lawyer
7.1.2024
Nigerian fintech lawyer Senator Ihenyen said the new central bank guidelines which bar the withdrawal of cash from accounts operated by virtual asset service providers (VASPs) seem “reasonable and understandable.” The lawyer however believes an “outright” prohibition of cash...
Gamma Strategies Identifies Root Cause of Exploit Attack, Attempts Negotiation for Fund Return
4.1.2024
Source: iStock / JuSun The protocol managing liquidity on the Ethereum blockchain, Gamma Strategies, has initiated a bounty negotiation with the attacker responsible for stealing $3.4 million worth of digital assets. The attack was discovered by blockchain defense company PeckShield on January...
The Bitcoin Dilemma: Ordinals Upgrade May Lead to Centralized Fork
4.1.2024
Source: DALL·E The creator of Bitcoin’s fast-rising BRC-20 token standard is worried that one of its top marketplaces is attempting a sly takeover of the entire protocol. On Monday, UniSat confirmed that it would implement the Ordinals Jubilee upgrade “to confirm that brc-20 is still on Ordinals...
$1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report
4.1.2024
Source: Pixabay/Werner Moser 2023 saw a 51% decline in the digital assets lost to hacks, scams and exploits than that of 2022. However, a staggering $1.84 billion in cryptocurrencies were lost across 751 security breaches in 2023, blockchain security firm CertiK reveals. The 2023 “Hack3d” report...
$MATIC Breaks Above $1 as Major Pump Seems Likely – How Does it Stack Up Against $GFOX?
3.1.2024
  In the ever-evolving landscape of cryptocurrencies, where volatility is the norm, two players are currently in the spotlight of the best cheap crypto to buy right now — $MATIC and $GFOX. Investors are buzzing with anticipation as $MATIC defies market pressures, surging past the coveted...