There are speculations that the decentralized gambling platform ZKasino may have played a fast one on its users through a rug pull. ZKasino Makes Suspicious Moves In March, the decentralized P2P order book exchange ZigZag levied some accusations against ZKasino. This accusation hinges on the inclusion of the alleged diversion of funds intended for project […]

The Bitcoin network has recorded an all-time high hash rate exceeding 500 exahashes per second. This growth signals a robust increase in the computational power securing the blockchain. Essentially, the hash rate measures the processing power committed to Bitcoin’s network, indicating the number of complex calculations the system can perform per second. Significance of the […]

In a concerning trend within the crypto space, over $26 million worth of Solana (SOL) has been lost in rugged presales of Solana meme coins. ZachXBT, a crypto detective, has shed light on the alarming situation, revealing the extent of the losses incurred by investors. ZachXBT Unearths Solana Meme Coin Presale Scam Crypto sleuth ZachXBT […]

Terraform Labs Pte Ltd (TFL), the company behind the TerraUSD (UST) stablecoin that collapsed the cryptocurrency market in 2022, has filed for Chapter 11 bankruptcy in Delaware, United States, according to court papers filed on Sunday. Terraform Labs chief executive officer (CEO) Chris Amani the move is important for the company and its investors. It […]

Economist Peter Schiff set the stage for a heated debate on the efficacy of the Bitcoin (BTC) as a digital currency following the conclusion of the fourth Halving event. Schiff’s fiery criticism, voiced on social media platform X, slammed Bitcoin’s escalating transaction fees and sluggish processing times. However, BitMEX Research, an arm of the popular […]

As the much-awaited Union Budget 2024 approaches, industry experts and financial analysts have flooded predictions and expectations for the fiscal roadmap that the Indian government is set to unveil on February 1. This year, being an election year, the government is slated to present an Interim Budget instead of a full-fledged one. Whilst, the final […]

LUNC News: Terra Luna Classic community has approved a key proposal to update the IBC client between Terra Classic and Kujira (from 07-tendermint-178 to 07-tendermint-246), allowing the connection between the two chains to work again. This will open up liquidity while free up frozen funds, improving the Terra Classic revival effort. Terra Classic Proposal To […]

The sell-off in the market since last week continues to drive investors out of their comfort following a remarkable rally from mid-October. Cryptocurrencies are bleeding immensely, led by Bitcoin price return to $40,000 after touching 2024 highs at $49,000. While this would have been an excellent time to buy the dip, the uncertainty hovering above […]

As a response to the renewed U.S. sanctions, Venezuela has intensified the use of digital currencies in oil transactions. PDVSA, the state oil company of the country, has been integrating cryptocurrency into its payment options for crude oil and fuel exports more and more in recent years with the goal of avoiding the freezing of […]

Ripple’s XRP is in the red currently and has extended lower than the $0.53 mark. It seems like XRP’s declines wouldn’t come to a stop, however, analyst predictions suggest otherwise. A popular analyst has predicted that the XRP price is poised to rebound in the short term though it has lost over 14% in the […]