Impact

The price of Ethereum has been facing challenges as the month progresses, despite a strong start. The bearish pressure in the cryptocurrency market has been impacting Ethereum, leading to a negative sentiment surrounding the “king of altcoins.” One significant concern contributing to this sentiment is the regulatory uncertainty surrounding ETH, adding to the bearish pressure
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Super Sushi Samurai, a blockchain game on layer-2 solution Blast, recently experienced a significant exploit just hours before the launch of its highly anticipated gaming product. The exploit, supposedly carried out by a white hat hacker, resulted in a staggering $4.6 million loss due to a flaw in the smart contract code. This bug allowed
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The ongoing saga surrounding the extradition of Do Kwon, co-founder of Terraform Labs, has taken another twist with the Appellate Court of Montenegro confirming the decision to hand him over to South Korean authorities. This decision comes after a series of legal battles, including multiple appeals that had temporarily halted the extradition process. Previous Extradition
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The recent surge in Bitcoin’s value, surpassing the $67,000 mark, has caused a wave of liquidations in the crypto market. Traders who were expecting the market to continue its decline were caught off guard by this sharp reversal. According to data from Coinglass, over 86,000 traders suffered losses exceeding $250 million within a 24-hour period.
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The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of conducting an unregistered securities offering by selling XRP, raising more than $1.3 billion. Ripple has defended itself by claiming that XRP is a currency, not a security, and therefore should
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Recently, XRP experienced a surprising spike in its price, reaching an all-time high of $74 on the Atlantis Exchange platform. However, this sudden surge was short-lived and was later revealed to be a glitch. This isn’t the first time such a glitch has occurred in the cryptocurrency market, as similar incidents have been reported in
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