In November 2019, South Korea’s Upbit cryptocurrency exchange endured a monumental cybercrime, marking one of the largest heists in the digital currency space. Investigators have since linked the operation to North Korean hacking groups, specifically Lazarus and Andariel, known for their sophisticated and brazen cyber attacks. Understanding the intricacies of this heist not only illustrates
Strategies
On the occasion of Nikolai Durov’s 44th birthday, a notable initiative has emerged within the world of blockchain and digital art—the launch of the NikolAI project’s first NFT series. Durov, acclaimed for his groundbreaking work as a mathematician and cryptographer, as well as his influential role in co-founding Telegram, is a pivotal figure whose contributions
In recent years, the United Kingdom has witnessed a remarkable surge in interest and participation in digital assets. With approximately 6 million individuals and 32% of UK institutions venturing into this dynamic domain, the rationale for a regulated digital currency solution has become increasingly evident. Amidst this backdrop, Agant’s initiative to launch GBPA, a stablecoin
The cryptocurrency market has always been rife with new innovations and speculative ventures, and Binance’s newly introduced token, BFUSD, is no exception. Announced recently, BFUSD promises an aggressive 19.55% annual percentage yield (APY), enticing users to consider it as a lucrative alternative to traditional stablecoins. As users look for high-yield investments, the introduction of BFUSD
The gaming industry is undergoing a significant transformation, thanks to the advent of play-to-earn (P2E) models. These frameworks allow players to earn tangible rewards, turning in-game activities into real-world gains. This article delves into the crucial steps for creating successful P2E games, exploring the intersection of blockchain technology, user engagement, and sustainable economic modeling. Understanding
In an unprecedented move, Major Jason Lowery of the U.S. Space Force is seeking to bridge the divide between cryptocurrency and national security. His application to serve as a military advisor on the National Security Council (NSC) and the White House Office of Science & Technology Policy (OSTP) has sparked discussions about the implications of
The cryptocurrency landscape has witnessed remarkable fluctuations, particularly within the realm of meme coins, which have become wildly popular among investors. Recently, Bonk (BONK), a Solana-based meme currency, has captured attention with its meteoric rise in value, reaching a new all-time high. While traditional investors might advise caution, the enthusiasm from the crypto community surrounding
In an ambitious step towards enhancing its cryptocurrency investments, Tokyo-based Metaplanet has taken a bold move by announcing a new debt issuance. This decision, revealed during a Board of Directors meeting on November 18th, 2024, reflects a strategic alignment with current trends in corporate treasury management, particularly those observed in the cryptocurrency sphere. Metaplanet plans
The cryptocurrency market has showcased a notable resilience over the weekend, with Bitcoin holding its ground above the $90,000 threshold. With its price hovering just below the $92,000 mark, Bitcoin is once again rallying, eyeing a potential breakout that could challenge its all-time highs. This stable movement comes as Bitcoin’s total market capitalization eclipses $3.2
Bitcoin (BTC) has been making headlines with its impressive surge to around $93,400 recently, sparking discussions about its potential to reach the coveted $100,000 milestone. According to insights from CryptoQuant, a prominent analytics platform, the notion that Bitcoin may be overvalued is dismissed based on several key indicators. The Trader On-chain realized max band, a