The Ronin Network recently made headlines due to a significant loss of $10 million worth of ETH as a result of a hack, adding to the growing number of Web3 security breaches in 2024. This popular gaming blockchain platform lost 4000 ETH in the incident, creating a wave of concern within the cryptocurrency community. In
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As the world stock markets experience turmoil, the cryptocurrency market has not been spared from the volatility. Ethereum, one of the leading cryptocurrencies, faced a 3% loss this week. The price of Ethereum plummeted below the $3,300 mark, with buyers struggling to reclaim this significant support level. Currently, the support has shifted to $2,800, and
The recent Bitcoin2024 conference led by Bitwise CIO Matt Hougan has sparked a significant shift in market sentiment towards Bitcoin. Hougan believes that investors are currently “not bullish enough” about the potential upside of the flagship cryptocurrency. This change in outlook comes in light of various announcements made at the conference, showcasing support for Bitcoin
Manchester United has taken a pioneering step in the world of football by launching player trading cards and the Fantasy United game for the 2024/25 season on the Tezos Blockchain. This groundbreaking move allows fans to collect cards featuring first-team players, build squads, and engage in a Web3 fantasy football experience. The ‘Fantasy United’ game
The once-popular meme coins that dominated the crypto market in the first two quarters of 2024 are now experiencing a significant cooling off period. Recent findings indicate that only a few lesser-known meme coins have seen gains in the past 30 days, while the more popular ones are struggling to maintain their strength. According to
The recent success story of a trader who bought and sold 170.2 billion PEPE coins, making a $1.77 million profit, highlights the potential for huge gains in the meme coin market. However, it also serves as a stark reminder of the volatility and risks associated with trading these assets. While some traders have seen their
Jan van Eck, the CEO of the investment management company VanEck, recently shared his thoughts on Bitcoin’s potential during the BTC Conference in the United States. He emphasized that over 30% of his portfolio is allocated to the primary digital asset, showcasing his strong belief in its future. VanEck is known for launching spot Bitcoin
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
Save, formerly known as Solend, has recently rebranded and relaunched its platform on Solana to offer a wider range of financial products and services to its users. This strategic evolution signals a new chapter for the platform as it aims to provide enhanced financial opportunities for the Solana community. The rebranding to Save comes after
Igloo, Inc., the company known for its popular NFT brand Pudgy Penguins, has recently secured a whopping $11 million in funding to propel the development of its groundbreaking Ethereum layer-2 scaling network, Abstract. This significant achievement marks a crucial step forward in Igloo’s quest for blockchain innovation. The lead investor in this successful funding round