Bitcoin, the undisputed king of cryptocurrencies, is once again on a wild ride. After a surge over the weekend that brought it close to shattering its all-time high, the digital asset has dipped back below the crucial $70,000 mark in the last 24 hours. This sudden correction has left investors wondering if the predicted surge
Wallet
An anonymous cryptocurrency investor known as “Sell When Over” on a platform reported a staggering loss of $800,000 as a result of two suspicious Google Chrome browser extensions. The investor initially noticed a loss of $500,000 from their various wallet applications, prompting them to suspect foul play. Upon further exploration, the investor found that their
FTX creditors are expressing strong disapproval of the bankrupt crypto exchange’s decision to sell its Solana holdings at a significant discount to crypto venture firms. The offloading of 30 million SOL at a rate of $64 each to VC firms like Pantera Capital and Galaxy Trading represents a substantial 62% markdown from the current market
Recently, there has been a significant increase in the number of short-term Bitcoin holders engaging in buying activities, with over 1.2 million BTC accumulated since December 2023. This surge in accumulation has caught the attention of market analysts, as it represents a departure from the traditional accumulation patterns seen in the cryptocurrency market. While whales
Coachella is not just any music festival; it is a cultural phenomenon that has captivated music fans worldwide since its inception in 1999. With its star-studded lineup, art installations, and fashion-forward attendees, Coachella has always been at the forefront of innovation in the festival scene. However, the introduction of Coachella Quests takes fan engagement and
KuCoin, a prominent cryptocurrency exchange, has recently faced legal challenges with US authorities, leading to a noticeable decrease in user assets on the platform. A proof-of-reserve certificate released by the exchange highlighted the sharp decline in user holdings, with Bitcoin balances dropping by 25.4% to 12,114 BTC in March. Similarly, Ethereum balances saw a decrease
Shiba Inu (SHIB) has witnessed a remarkable surge in token burns during the month of March, resulting in the removal of billions of tokens from circulation. The data indicates that over 15.5 billion assets were destroyed, with a significant spike occurring on March 8 when nearly 14 billion SHIB tokens were sent to a null
In the ever-evolving landscape of cryptocurrency, new coins and tokens are constantly being introduced. One recent launch that has piqued the interest of many in the crypto community is Poopcoin. Created by Jordan Castro, also known as Poopie, Poopcoin entered the market just ten hours ago and has already seen an impressive $60 million in
In the wake of the October 7th attacks on Israel, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) have intensified their efforts to crack down on entities associated with terrorism financing through cryptocurrency. This crackdown has led to the imposition of fresh sanctions on two
Cardano (ADA), the proof-of-stake blockchain platform, continues to make significant progress in technological advancements, as reported by Input Output Hong Kong (IOHK), the engineering firm responsible for the Cardano blockchain. The recent announcement by IOHK highlights crucial improvements across various aspects of the platform, signaling further growth and development for Cardano. One area of notable