Ripple co-founder Chris Larsen confirmed a significant security breach involving his wallets. Initially rumored to target Ripple directly, the hack led to the loss of $112.5 million worth of XRP tokens. This incident has spotlighted the ongoing concerns regarding digital asset security and the measures in place to safeguard against such exploits. Ripple XRP Hack: […]

Tron DAO founder and CEO Justin Sun endorsed Dogecoin (DOGE), Shiba Inu (SHIB), Floki (FLOKI) and other meme coins in the latest Token 2049 conference. Sun believes that meme coins are the “first thing” that set the crypto industry apart from traditional finance. In addition, he encouraged development of such meme coin projects. Tron CEO […]

Big tech titans have already started warming up to the crypto market with well-regulated products like Bitcoin ETFs seeing strong inflows over the last 20 days. With the Bitcoin ETF ads going live earlier this week on Google Search and YouTube, other players like Meta are likely to join the bandwagon soon. Introducing Bitcoin ETF […]

Tether Holdings Limited, the issuer of USDT stablecoin, has unveiled the attestation report for the first quarter of FY24. The latest attestation, as of March 31, 2024, goes beyond the reserves backing Tether Fiat-denominated stablecoins. Moreover, it provides a comprehensive overview of the entire Tether Group’s financial prowess. Tether Reports Gigantic Net Profit In a […]

Layer-1 interoperability platform ZetaChain made a stellar debut in the crypto market with the native token ZETA skyrocketing by over 150% on the first day. However, after hitting a high of $1.81 on Friday, the ZETA price has come under a bit of consolidation. ZetaChain Records $1.81 Million in Liquidations In the latest liquidation data […]

Ladan Stewart, formerly a lead crypto enforcer at the U.S. Securities and Exchange Commission (SEC), has recently provided clarity on the position of the agency towards cryptocurrencies, stating that there is no anti-crypto agenda. Stewart, who worked for the SEC’s Division of Enforcement for more than eight years, shared her experiences and understanding of the […]

Bitcoin (BTC) has showcased notable price fluctuations, with its value-making movements around the $43,000 mark. Despite a slight decrease of 0.14% in the last 24 hours, bringing the price to $43,060.65, the cryptocurrency has seen a range between $42,584.34 and $43,252.05. Amidst this volatility, an interesting trend has emerged concerning the behavior of Bitcoin whales, […]

In a riveting turn of events, despite Bitcoin’s recent turbulent price action, former PayPal president David Marcus took a bullish stance on the world’s largest crypto by global market cap. Speaking with Michael Saylor at the Bitcoin for Corporations event 2024, Marcus proclaimed Bitcoin to be the future native currency of AI (artificial intelligence), sending […]

Bitcoin mining has always been under scrutiny for its high power consumption. However, a recent New York Times report highlighted how the only issue with Bitcoin mining is not its high electricity consumption. Problems with the intense process of creating the OG cryptocurrency range from increased environmental pollution to human resource implications. The following analysis […]

Fluctuations are the order of the day in the cryptocurrency landscape, as the global crypto market tries to recover with an increase of approximately 2% in market capitalization to record 2.17 trillion. The value of Bitcoin (BTC) is still a hotly debated topic as it steadily decreases in price, despite the recently completed Bitcoin halving. […]