This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current […]
BlackRock ETF will be ‘big rubber yes stamp’ for Bitcoin: Interview with Charles Edwards
Bitcoin’s future is overwhelmingly bright, and short-term price pressures should not distract investors from a future global asset class, says the Capriole Investments founder.
The Roadmap Progresses: Polkadot 1.0 Sets the Stage for Community-Driven Polkadot 2.0
Polkadot 1.0 according to the blockchain network has finally been released. The protocol is now charting a transition to a new advanced era. Polkadot 1.0 has officially been released with all the functionalities and pioneering vision listed in the Polkadot whitepaper. This marks a significant milestone in blockchain technology evolution and it is worth noting […]
Curve omnipool platform Conic Finance hacked for $3.2 million in ETH
According to initial analysis by Peckshield, the root cause for Conic Finance’s hack was the new CurveLPOracleV2 contract.
Sam Bankman-Fried Accused of Leaking Ellison’s Docs to NYT: US DOJ
Sam Bankman-Fried (SBF), the founder and ex-CEO of the fallen cryptocurrency exchange FTX, is now faced with an accusation by the U.S. Department of Justice (DoJ). He is alleged to…
A Decentralized Rollup Pilot by Injective and Espresso Systems
An exciting new collaboration has been announced between Injective and Espresso Systems, a protocol that creates decentralized rollup sequencers. With this partnership, Injective will introduce decentralization into its ecosystem, focusing on Cascade and the wider IBC (Inter-Blockchain Communication) ecosystem. Espresso Systems is committed to building tools and infrastructure that enable safer, open, performant interactions and […]
FTX Sues Execs to Claw Back $1 Billion
Reading Time: 2 minutesFTX has filed a lawsuit against founder Sam Bankman-Fried and former executives for allegedly misappropriating over $1 billion before FTX’s bankruptcy The complaint accuses the defendants of funding personal projects, luxury condos, and political contributions The alleged fraudulent transfers occurred between February 2020 and November 2022 and can be invalidated under bankruptcy […]
Coinbase Borrow to be Wound Down
Reading Time: 2 minutesCoinbase Borrow is gradually winding down, with customers having until November 20, 2023, to settle outstanding loan balances The program launched in November 2021 but new loans ceased in May The closure is attributed to a decline in demand in 2022 rather than enforcement action Coinbase Borrow, the program that enables customers […]
Scammers Involved in Uniswap Founder’s Twitter Account Hack Stole $3.6M from Victims
In a recent cybersecurity incident, the Twitter account of Uniswap founder Hayden Adams (@haydenzadams) was hacked by scammers who have reportedly been active since April 2023. (Read More)
Chainlink ( LINK ) Price Skyrockets 15% as CCIP Protocol Connects Trillion-Dollar Banks and Ethereum (ETH) and Others
The Chainlink (LINK) price has remained relatively stable within the $6-$8 range for an extended period, acting as an investment accumulation zone. Despite the absence of significant price fluctuations, there are indications of increased whale transactions and accumulation by major holders. Amidst consolidation in the wider cryptocurrency market, Chainlink (LINK) has stood out, showcasing impressive […]