Recently, WazirX conducted a preliminary investigation into a sophisticated cyber attack on its multi-signature Ethereum wallet. The attack raised concerns within the crypto community, as it targeted the exchange’s signers and a custody service provider, Liminal. The investigation revealed that compromised hardware wallets were likely the cause of the breach, contradicting the initial belief that
A recent prediction by a crypto analyst suggests that Bitcoin (BTC) could potentially reach an unprecedented high of $263,000. This forecast is based on the observation of a technical pattern called the “Cup with Handle chart pattern.” According to the analyst, for Bitcoin to achieve this bullish surge, it will need to break above the
Dalmas Ngetich, a seasoned crypto reporter, has made a significant impact on the crypto industry with his unique perspective and expertise. With a specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, Dalmas stands out in the field. His background in mechanical engineering and over a decade of experience in journalism has equipped him
Cardano (ADA) has been facing a noticeable decrease in value over the past week, especially with the recent drop below the $0.41 mark. This decline is not isolated to ADA alone, as many other altcoins have also been reacting negatively to the significant decrease in Ethereum’s price within the last 24 hours. The recent downtrend
Recently, there has been a surge in activity among Ethereum whales in the market. These large investors have been actively accumulating Ethereum, the second-largest cryptocurrency by market cap, despite a downward trend in its price. This article will delve into the on-chain data surrounding Ethereum whales’ activities and analyze the potential implications for the price
In a surprising turn of events, a Bitcoin mining device known as Bitaxe, with a modest hashrate of 500 gigahashes per second (Gh/s), managed to successfully mine a block on July 24. This remarkable feat earned the lucky miner a substantial reward of $206,000 in Bitcoin. The device, produced by D-Central Technologies, is surprisingly compact,
Ordlify, a no-code platform tailored for developing Bitcoin Ordinals collections, has recently announced its partnership with Magic Eden, a leading cross-chain NFT marketplace. This collaboration aims to enhance the overall experience for creators and collectors alike within the Bitcoin Ordinals ecosystem. By leveraging the Ordlify Creator Studio, artists and creators can now seamlessly design, manage,
Two prominent crypto companies, Coinbase and Revolut, recently found themselves on opposite ends of the spectrum when it came to dealing with the UK authorities. The UK’s Financial Conduct Authority (FCA) imposed a fine of £3.5 million ($4.5 million) on CB Payments Limited (CBPL), a subsidiary of Coinbase Group, for violations related to Anti-Money Laundering
Getting started with OKX Racer is a breeze. To begin, users must first register on the OKX exchange. Once registration is complete, users can easily connect their account with OKX to unlock exciting features and rewards. The user-friendly interface of the OKX Racer mini-app allows newcomers to navigate the platform effortlessly and start predicting Bitcoin
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing for quite some time now. With the trial phase starting in April 2024, the case has seen both parties presenting necessary information and documents, adhering to court rules, and waiting for a resolution. Despite being in its final