A decentralized exchange (DEX), KyberSwap, recently suffered a considerable security breach that resulted in substantial financial losses. In a new twist, the hacker behind the breach transferred much of the stolen money, almost $2.5 million in Ether, from Arbitrum to the Ethereum network. This has attracted the attention of blockchain analytics firms and has raised […]

The Federal Reserve Bank of Atlanta released a statement on Monday, warning other banks about the risks of blockchain and crypto. The statement comes at a time when the alleged use of crypto in illicit activities has taken a resurgence. The Atlanta Fed’s cautious stance also advised banks to follow the Federal Reserve’s complete guidance […]

Spot Bitcoin ETFs have experienced a significant surge in trading volume recently, reaching a record $3.24 billion. This surge underscores the growing interest in Bitcoin exchange-traded funds and indicates a notable shift in investor sentiment towards the cryptocurrency market. The surge in spot Bitcoin ETF trading volume is indicative of a supply shock within the […]

Top crypto to buy price prediction: The bullish sentiment in the cryptocurrency market is palpable, with a significant uptick observed across the board. Bitcoin has soared past the $57,000 mark, reaching heights unseen since November 2021. This resurgence has shifted investor focus towards Layer 1 solutions, known for their scalability and efficiency.  As the market […]

In Japan, the response to the burgeoning stablecoin sector has been proactive and regulatory in nature. The nation has instituted a new regulatory framework specifically for “Electronic Payment Instruments Services” (EPIS) that deal with stablecoins. This framework underscores the importance of compliance with the Payment Services Act (PSA), which necessitates registration for conducting EPIS. Such […]

Coinbase has announced the expansion of its asset recovery tool to include support for BNB Chain and Polygon networks. This is a step further to address the unwarranted fears that have developed in investors’ minds whenever they accidentally transfer assets to blockchains that are not supported, improving the experience and security platforms in the digital […]

Matrixport, a leading entity in the dynamic realm of cryptocurrency, has taken a significant stride towards regulatory compliance. On February 26, the company submitted an application for a virtual asset trading license to the Hong Kong Securities and Futures Commission (SFC). This move underscores Matrixport’s commitment to adhering to regulatory standards, crucial for fostering trust […]

Ethereum price forecast: Ether has in the last 20 days surged by almost 40% from $2,416 to $3,344, outperforming Bitcoin’s 35% increase over the same period to $59,354 on Wednesday, February 28. Although market participants anticipated a rally ahead of the Bitcoin halving due in April, it seems to have come early. Unlike other bull markets, cryptos are trading […]

Amid the aggressive recovery trend in the crypto market, the Shiba Inu coin picked up sustainable momentum last week after the price rebounded from $0.00000934 local support. This positive upswing surged this memecoin 20% to currently trade at $0.0000112. The rising price has breached the resistance trendline of a long-coming channel pattern indicating an early […]

The world’s largest cryptocurrency Bitcoin (BTC) has been on an unstoppable price rally with the BTC price surging all the way to $64,000. Interestingly, the Bitcoin price is just 10% away from hitting a new all-time high, thereby keeping investors on the edge of their seats. Also, the massive trading activity registered by the Bitcoin […]