The cryptocurrency landscape has been abuzz lately, thanks primarily to Bitcoin’s powerful bullish price action. The digital asset recently shattered the psychological barrier of $60,000 after weeks of hovering below this critical level, making the atmosphere ripe for optimism among crypto investors. With Bitcoin’s value soaring by 9.8% over the past week and a notable
Methods
The decision by the Future Forward USA PAC to start accepting crypto donations through Coinbase Commerce marks a significant shift in the way political campaigns are funded. This move comes after initial confusion caused by comments made by a Coinbase executive regarding Vice President Kamala Harris directly using the platform for her campaign contributions. However,
Cardano recently completed its Chang upgrade, transitioning to a decentralized governance system. This new system allows ADA holders to actively participate in shaping the future direction of the network. By enabling on-chain voting, introducing Delegate Representatives, enhancing smart contract capabilities with PlutusV3, and implementing a new governance structure, Cardano is taking a significant step towards
The FBI has recently announced a groundbreaking decision to utilize Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud scheme. This marks a significant departure from traditional methods of victim contact and restitution in cases of financial crime. By leveraging NFTs, the FBI aims to streamline the recovery process for victims
Bitcoin has seen a significant increase in popularity and mainstream adoption over the past few years, leading to an influx of institutional investors in the cryptocurrency market. These institutions have rapidly grown their Bitcoin holdings, resulting in a significant shift in the distribution of BTC ownership. One striking development highlighted by crypto pundit Marty Party
In the realm of cybercrime, there has been a mix of good news and bad news. While overall illicit transactions have seen a decrease from the previous year, there has been a concerning rise in stolen funds from crypto scams and ransomware attacks. The amount of stolen funds from crypto scams has nearly doubled from
Confiction Labs, the developer of the popular shooter game Riftstorm, recently unveiled a new system called Proof of Exposure. This system is geared towards combating Web3 gaming bots by integrating NFT allowlist verification, a move aimed at addressing the growing issue of automated bot accounts disrupting the gaming experience for both developers and genuine players.
Shiba Inu’s price faced a 3% dip recently as the cryptocurrency market took a hit due to the US government moving $2 billion worth of its bitcoin holdings to another address. Despite this setback, there are some indicators within the Shiba Inu ecosystem that suggest a potential rally might be on the horizon. One significant
Ferrari, the renowned Italian luxury sports car manufacturer, recently announced its plans to broaden its cryptocurrency payment system to its European dealer network by the end of July. The company also has ambitions to extend this option to more countries within its global dealership network where digital currencies are legally recognized by the end of
Recently, a blockchain security firm called Cyvers Alert made a shocking revelation about the Indian exchange WazirX. According to the report, WazirX was exploited for approximately $235 million in a series of suspicious transactions involving their Safe Multisig wallet on the ETH network. The total amount of $234.9 million was transferred to a new address,