The cryptocurrency market has shown signs of recovery in the past 24 hours, with major digital assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) experiencing minor gains. Additionally, AI-related coins like Fetch.ai saw significant pumps, boosting investor confidence in these niche sectors within the crypto market. On the flip side, the price of
digital assets
Kraken’s Chief Security Officer, Nick Percoco, recently disclosed that a group of white-hat hackers has refused to return approximately $3 million in digital assets stolen from the exchange’s treasury. The hackers exploited a bug in Kraken’s system that allowed them to artificially inflate their balances on the platform. On June 9, a security researcher alerted
When it comes to traveling with cryptocurrency, one of the most important aspects to consider is the security of your digital wallet. There are several time-tested strategies that can help ensure the safety of your funds while on the move. Another crucial factor to keep in mind when accessing your crypto accounts while traveling is
In the midst of significant turbulence in the cryptocurrency market, investors have started gravitating towards Bitcoin as a safe haven amidst chaos. Recently, Bitcoin’s dominance has reached a nine-week high of 57%, showcasing a clear preference for the leading digital asset. Altcoins, on the other hand, have suffered from a massive sell-off, losing significant market
South Korea’s Financial Supervisory Service (FSS) has recently addressed the concerns surrounding the potential removal of various digital assets from local cryptocurrency exchanges. This development comes in light of the Virtual Asset User Protection Act, which aims to enhance compliance and scrutiny of listed tokens on these platforms. Contrary to initial reports, the FSS has
The aftermath of the FTX collapse has led to a new legal battle over millions of dollars in assets seized from Sam Bankman-Fried (SBF), the former CEO sentenced to 24 years in prison. Various parties are now vying for control of the assets seized from SBF and former FTX executives. These assets range from airplanes
Coinbase recently released a report expressing concerns about the dwindling pool of crypto talent in the United States. According to the report, there has been a significant decline in the number of US-based crypto developers, dropping by 14 points over the past five years to a mere 26% today. The largest US exchange attributes this
Currency has played a significant role in the advancement of societies throughout history. From bartering systems to standardized coins and paper money, the evolution of currency has shaped human experience. However, in recent decades, the financial landscape has been marred by chaos and instability, raising concerns about the loss of control over traditional currencies. The
Bitcoin has faced challenges in surpassing the recent all-time high of $73,000, but Bernstein, a prominent brokerage firm, remains positive about the future trajectory of the asset. In a recent report, Bernstein analysts revised their long-term price forecast for BTC to $200,000 by the end of 2025, up from their previous prediction of $150,000 for
Bitcoin’s price has been on a wild ride over the past few days, experiencing significant fluctuations. Starting from a positive note earlier in the week, with the price pumping to over $70,000, the situation quickly turned sour as fears about the US CPI numbers and the subsequent FOMC meeting took hold. The cryptocurrency dropped to