As the digital landscape evolves, the emergence of non-fungible tokens (NFTs) has redefined the concept of ownership and investment in digital assets. Unlike traditional currencies, NFTs represent a unique ownership model that applies to a multitude of digital items, including art, gaming characters, music, and more. While the allure of NFTs has attracted many to
Decentralized Finance
On December 1st, 2023, a significant security incident struck the decentralized exchange (DEX) Clipper, drawing attention to vulnerabilities in the DeFi sector. The breach occurred at 4 am UTC and primarily targeted its liquidity pools on the Optimism and Base networks. This incident serves as a stark reminder of the ongoing challenges that decentralized platforms
In recent years, the surge in cryptocurrency ownership has captured the attention of economists and financial analysts alike. A detailed investigation conducted by experts at the United States Treasury, utilizing IRS data from households, has unveiled significant trends in crypto ownership. This surge not only reflected a growing interest in digital currencies but also appeared
Semilore Faleti has emerged as a notable figure in the ever-evolving landscape of cryptocurrency journalism. His foray into writing began with a broader focus, but he soon honed in on the complex world of digital assets. Over two years of dedicated crypto writing, Semilore has developed a deep understanding of the mechanics behind blockchain technology,
November 2024 revealed a striking trend in the cryptocurrency sector, as hacks represented an astonishing 99.96% of all reported losses in the industry. This statistic, illuminated by a comprehensive report from Immunefi published in collaboration with CryptoPotato, indicates an increasingly alarming trend: the decentralized finance (DeFi) space is facing relentless attacks from hackers. Despite an
Bitcoin, long hailed as the flagship cryptocurrency, has recently experienced a remarkable surge, boasting a 33% increase in just one month. This robust upward momentum has reignited discussions about its price trajectory, with enthusiasts and analysts alike setting ambitious targets. Notably, Charles Hoskinson, the founder of Cardano, has projected that Bitcoin could reach a staggering
In a progressive shift toward modern finance, Vancouver’s Mayor Ken Sim has proposed a noteworthy initiative to integrate Bitcoin (BTC) into the city’s investment portfolio. This move, aimed at solidifying Vancouver’s status as a cryptocurrency-friendly municipality, highlights the mayor’s vision of diversifying the city’s financial assets and safeguarding its economic future. During a recent city
In an unprecedented week, the landscape of the cryptocurrency market witnessed stark contrasts, especially within the realm of spot Exchange-Traded Funds (ETFs). Following Donald Trump’s high-profile victory in the 2024 presidential election, the U.S.-based Bitcoin ETFs experienced an exhilarating surge. With every trading day, substantial inflows of capital rolled in, showcasing a remarkable investor confidence
The recent win of Donald Trump in the United States presidential elections has sent ripples through the cryptocurrency landscape, igniting renewed hope and speculation within the digital asset community. Trump’s presidency, slated to commence formally in January, is anticipated to bring a wave of reforms aimed at fortifying the United States’ position in the global
As Bitcoin approaches the remarkable milestone of $100,000, the cryptocurrency market is witnessing a transformative phase. This leap is not just another feather in Bitcoin’s cap, but a pivotal moment that reverberates throughout the entire crypto ecosystem. The euphoria surrounding Bitcoin’s price surge is palpable, yet it’s essential to delve deeper into the implications of