Solana’s Phantom wallet has come under what was described on the X app as a Distributed Denial of Service (DDoS) attack. Phantom Wallet Attack: No Funds Lost According to the update shared, the protocol has discovered several attempts to overload its systems. To that effect, some of Phantom’s services have been suspended temporarily until the […]
Changpeng Zhao’s Binance France Ownership Raises Regulatory Concerns
Speculation intensifies over the future of Binance founder Changpeng Zhao, known as CZ, amid reports of his sole ownership of Binance France. The revelation has triggered discussions regarding the potential ramifications, especially as European regulators scrutinize Binance’s legal standing. Notably, with ongoing legal battles and impending regulatory decisions, the fate of Binance and CZ remains […]
Apple Gears Up For Major AI Advancement, OpenAI Dominance At Stake?
In a strategic move, Apple’s CEO Tim Cook hinted at a groundbreaking artificial intelligence (AI) revelation later this year. Tim Cook’s recent remarks, although vague, point towards Apple’s ambition to rival tech giants such as Microsoft, Google, Amazon, and notably, OpenAI, in the realm of advanced AI models capable of generating text and images. Notably, […]
Consensys vs. SEC: McHenry Accuses Gensler of Misleading Congress on Ethereum Classification
Representative Patrick McHenry has accused SEC Chairman Gary Gensler of misleading Congress. This accusation emerged during a Financial Committee hearing on the lawsuit between Consensys Vs. SEC. McHenry pointed to court filings that question Gensler’s consistency regarding Ethereum’s (ETH) classification as a security. These filings show a possible contradiction in Gensler’s statements compared to previous […]
Pepe Coin Price Prediction Hints Final Dip Before $PEPE Regains $0.0000015 Mark
Pepe Coin Price Prediction: PEPE, The Frog-themed Memecoin, has been experiencing a downward trend for almost two months, following its peak price of $0.00000175. This correction phase wiped out over 50% of the gains made during its rally in October-November, leading to a 46% drop in the PEPE price, which now stands at $0.00000094. Nonetheless, […]
Possible Outcomes of FOMC Meeting, How Would Bitcoin And Crypto Market React?
Bitcoin and the broader cryptocurrency market have come under strong selling pressure a day before the FOMC meeting, as sentiment turns risk-OFF. The Bitcoin price is already down over 5% just flirting around the $60,000 level as of now. FOMC Meeting and Its Possible Outcomes In a significant shift, market expectations for rate cuts have […]
Bitcoin Academy Founder Lands in SEC’s Net For Fraud
51-year-old Brian Sewell has been caught in the middle of a Bitcoin fraud and the United States Securities and Exchange Commission (SEC) has levied charges on him for this crime. SEC-Sewell Enters Settlement Over Bitcoin Fraud Brian Sewell, who resided in Hurricane, Utah, before relocating to Puerto Rico, is the founder of American Bitcoin Academy […]
Bitcoin Correction: Analyst Explains How This BTC Retreat Is Different
The Bitcoin price has witnessed a sharp decline today, gaining attention from investors. Meanwhile, the flagship crypto has slipped below $57,000 today, falling more than 7% over the last 24 hours amid a broader crypto market crash. Notably, it seems that the investors are staying on the sideline ahead of the FOMC decision on interest rates today. Meanwhile, […]
Shibarium Delays Burn Mechanism Launch, Here’s Why?
In a cyclone of breakthroughs witnessed across the global crypto horizon, Shiba Inu, one of the most renowned meme coins trading within the market, curated a torrent of speculative buzz on Saturday as the token’s community spotlighted key details on the upcoming launch of the Shibarium Burn mechanism. Ragnar Shib, a prominent member of Shiba […]
What Historical Trends Hint for Ethereum Price Behavior in May?
Amid the broader market correction, the Ethereum coin witnessed a three-day losing streak with its price falling from $3286 to $2888 accounting for 12%. The recent fall backed by increasing volume hints at the sellers’ conviction to lead the asset value lower as BTC goes Sub-60K. However, an analysis of the daily chart shows the […]