The dYdX Chain, the underlying blockchain for the dYdX perpetual futures exchange, experienced a significant outage early Monday. The disruption, lasting for over nine hours, was attributed to a scheduled upgrade to version 4 of the chain. The upgrade process encountered a hiccup, leading to an unexpected halt in operations. This was due to the […]
Crypto Worth $600M Swindled by North Korean Hackers in 2023
TRM Labs reported that North Korean hackers pilfered at least $600 million in cryptocurrencies in 2023. The figure might climb to $700 million, pending confirmation of additional hacks from last year. The Democratic People’s Republic of Korea (DPRK) emerged as a major perpetrator in crypto thefts, accounting for nearly one-third of all stolen funds in the […]
BitMEX CEO Arthur Hayes Predicts BTC Price Slump After Bitcoin Halving
BitMEX CEO Arthur Hayes has shared his thoughts in a recent blog post regarding the current state of the economy, the quantitative tightening measures, as well as the Bitcoin price performance around the Bitcoin halving event. On Monday, April 8, the BTC price gave a surprise move all the way to $72,000 and continues to […]
Bitcoin Will See Impact of US Job Market Data; Here’s How
The US labor market is holding better than expected, as per the latest nonfarm payroll data released on Friday. It noted a surge of 216,000 jobs last month, potentially influencing the macroeconomic policies of the central bank. The Federal Reserve’s interest rate decisions dictate how the stock and crypto markets will perform in the coming […]
Elon Musk Owns Up To Financial Missteps & ‘Self-Inflicted’ Wounds In Legal Confession
Following the immense backlash faced by Elon Musk due to his alleged involvement in promoting a false conspiracy theory, suggesting a 22-year-old Jewish man was involved in a neo-Nazi altercation, the Tesla founder today testified in a court disposition that he acknowledges his ‘financial missteps’ & ‘self-inflicted’ wounds. Although Musk attempted to prevent the deposition […]
Polkadot Price Prediction: Can DOT Mirror ICP’s 400% Surge?
Polkadot price prediction: DOT has become increasingly complex due to recent trading patterns. In the past few days, DOT has experienced mostly sideways trading, indicative of investor uncertainty and market volatility. This sideways movement seems driven by bearish factors, suggesting a prevailing sense of caution in the market. However, emerging indicators of bullish momentum are […]
Ethereum Price Forecast: Can ETH Hit $4000 This Week As ERC20 Assets Pace Up 8%?
Ethereum Price Forecast: After a modest 9.8% increase in value in the last week, Ethereum price dodders at $3,630 during US business hours on Tuesday, April 9. The token powering the most prominent smart contracts token ETH holds its value unchanged over 24 hours reflecting the stability witnessed following Monday’s widespread bullish price action. Bitcoin […]
Ethereum (ETH) Whales Driving Intensive Buyup, Here’s Price Reaction
Ethereum (ETH) is on track to chart a new recovery path with an ongoing mega accumulation by the whales within its community. According to top market analyst Ali Martinez, Ethereum Whales have accumulated over 410,000 ETH units over the past month. Ethereum (ETH) Whales: Catalysts for Growth The total Ethereum (ETH) whale accumulation is valued […]
Peter Schiff Warns Bitcoin ETF Issuers of Possible Lawsuits, Here’s Why
Peter Schiff, an acknowledged anti-crypto advocate, recently expressed his concern over Bitcoin ETFs. He adds that consumers will sue issuers with heavy losses despite risk disclosures. Schiff cites possible contradictions between private communications and public statements. Peter Schiff earlier called Bitcoin ETFs “speculative casinos” and doubted their sustainability. Even with his reservations, Bitcoin ETFs like […]
Crypto News Stories of the Week: Bitcoin ETF Trends, Jim Cramer Backtracks, ChatGPT Store and More
The week from January 1 to date was an eclectic one for the digital currency ecosystem with anticipation for spot Bitcoin ETF approval entering a whole new level. While the market suffered a major drawdown following a bearish report from Matrixport, there is a general calmness now with new capital flowing into the ecosystem. With […]