In July 2023, the Indian cryptocurrency exchange WazirX suffered a staggering $230 million hack that sent shockwaves through the crypto community. Given the size of the breach, users were understandably concerned about the safety and recoverability of their assets. The aftermath of the incident forced WazirX to confront an immediate crisis management scenario. In a
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Bitcoin has recently experienced a significant rally, primarily fueled by favorable US inflation figures released on Friday. The cryptocurrency soared past the $66,500 mark, a milestone not seen since early August, before undergoing a modest pullback shortly thereafter. This response highlights the volatile nature of cryptocurrency, which often reacts sharply to macroeconomic indicators. Following the
The intersection of cryptocurrency and political candidacy has become a significant area of discourse in recent years, as U.S. politicians increasingly articulate their stances on digital assets. One of the latest developments in this dynamic environment was the reevaluation of Democratic presidential candidate Kamala Harris’s position by the lobby group Stand With Crypto, which is
A recent report from Coinshares has shed light on the evolving role of Ethereum (ETH) within the cryptocurrency ecosystem, highlighting how its use is primarily anchored by two main components: marketplaces and stablecoins. This analysis, published on September 24, reveals that these two elements form slightly over half of Ethereum’s current applications. As decentralized finance
In an era where the digital landscape continuously evolves, Semilore Faleti stands as a compelling figure at the intersection of cryptocurrency and social advocacy. With a multifaceted career that spans the fields of journalism, education, and activism, Faleti’s influence reaches beyond the numbers and charts that dominate discussions of blockchain and digital currencies. Through his
In recent weeks, Shiba Inu (SHIB), one of the most well-known meme coins in the cryptocurrency market, has caught the attention of investors as its price surged significantly. With a remarkable increase of about 35% over the past week, SHIB has seen its market capitalization exceed $11.5 billion, placing it as the 14th largest cryptocurrency.
In the dynamic world of cryptocurrencies, Ethereum (ETH) stands as a key player. However, recent market sentiment suggests a troubling trend, as the outlook towards Ethereum has dipped into bearish territory. The cryptocurrency’s volatility has been reflected in its user engagement metrics, particularly through a startling 43% decline in new active addresses. This data spotlights
Wyoming Senator Cynthia Lummis has sparked intrigue within the financial and regulatory landscape by suggesting that SEC Chair Gary Gensler may resign from his position in the near future. During her appearance on CNBC’s Squawk Box on September 27, Lummis countered claims that Gensler is deeply attached to his role, insisting that his tenure could
As the gaming landscape evolves, Nakamoto Games emerges as a pioneering entity within the Web3 gaming sector. Built on the Polygon network, this gaming platform seeks to democratize play-to-earn (P2E) gaming by providing a user-friendly and accessible experience. Unlike conventional gaming platforms that often require lengthy time commitments and serious dedication, Nakamoto Games caters to
As cryptocurrencies become increasingly mainstream, the demand for reliable trading platforms is surging. Numerous crypto exchanges have sprung up to cater to this growing market, each offering distinctive features and functionalities. For both novice traders and seasoned investors, finding the right exchange is paramount. The choice can be the difference between yielding profits or facing