In November, Cardano (ADA) made headlines by achieving a remarkable 220% price increase, quickly reinstating its position among the top ten cryptocurrencies with a total market capitalization of $38 billion. The surge can be attributed to the overall bullish sentiment enveloping the entire cryptocurrency market following Donald Trump’s victory in the general election. Speculations about
DeFi
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
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
XRP, the digital asset associated with Ripple, has achieved a significant milestone in the cryptocurrency landscape by securing the third position in market capitalization. This ascent has not only allowed it to surpass Tether (USDT), the leading stablecoin globally, but also to outpace Solana (SOL), often touted as the “Ethereum Killer.” Based on recent statistics
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,
In the ever-evolving world of cryptocurrency and blockchain technology, platforms like Pump.fun are rapidly gaining traction, particularly in the niche sector of meme coin trading. Recently, SecondLane, a private marketplace designed for trading such assets, indicated a robust valuation for Pump.fun, pricing a 1% equity stake at $15 million. This move positions Pump.fun’s fully diluted
In a recent discussion with Mario Nawfal, Jan van Eck, the Chief Executive Officer of the globally recognized asset management firm VanEck, provided a nuanced perspective on the trajectory of Bitcoin amidst broader economic concerns. With an impressive portfolio of $118 billion managed, van Eck’s insights carry significant weight in the ongoing dialogue about cryptocurrency
Ethereum’s price has recently demonstrated notable resilience, particularly after bouncing back from the critical support level of $3,500. This recovery comes after days of navigational struggles within a defined range between $3,500 and $4,000, where periodic consolidations are to be expected. The market appears poised to test the psychological $4,000 resistance imminently, a threshold that
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
In a significant move that bridges traditional messaging and innovative technology, LINE, a leading Japanese communication platform, is set to disrupt the digital landscape with the introduction of decentralized applications (dApps). Scheduled for rollout in 2024, these 30 mini dApps aim to make blockchain accessible to the masses, enhancing user experience across various activities such