In the rapidly evolving landscape of cryptocurrency, the journey towards financial freedom can often be laden with perilous traps. One such trap is the shocking phenomenon of address poisoning, a technique that has recently led a cryptocurrency holder to lose an astounding $3 million worth of PYTH tokens. This incident not only underscores the importance
Crypto
In a tumultuous and rapidly evolving cryptocurrency landscape, the Base network has managed to carve out a significant niche for itself recently. As evidenced by increased activity across various blockchain platforms, Base has seen its metrics improve, particularly its total value locked (TVL), which has exceeded the $10 billion threshold for the first time. This
In an unprecedented move that intertwines traditional finance with the burgeoning world of cryptocurrencies, Howard Lutnick, the anticipated Commerce Secretary under President-elect Donald Trump, is planning to launch a massive $2 billion project. This initiative targets Bitcoin-backed lending, where clients would utilize their Bitcoin holdings as collateral to secure loans. As shared by Bloomberg, this
In a strategic move to broaden its service offerings, Binance, the world’s largest cryptocurrency exchange, has announced the introduction of new monthly options starting November 26. The trading pairs SOL/USDT and BNB/USDT will be added to the platform, allowing traders to speculate on the future values of Solana (SOL) and Binance Coin (BNB) against Tether
The recent electoral victory of Donald Trump has ushered in a wave of bullish sentiment in the cryptocurrency market, with Bitcoin emerging as the standout performer. Three weeks post-election, Bitcoin’s price trajectory has been nothing short of remarkable, soaring from below the $70,000 mark to an unprecedented high surpassing $99,000. This surge culminated in a
In recent days, cryptocurrency markets have witnessed a substantial rally, sending many digital assets to unprecedented highs. However, as the week has progressed, we observe a notable reversal in momentum, with numerous cryptocurrencies experiencing corrections. This shift can largely be attributed to profit-taking by investors who look to capitalize on the rapid gains seen over
The landscape of digital currencies and blockchain technology is rapidly evolving, capturing the interest of various sectors, including political entities. Recently, the Trump Media and Technology Group (TMTG), primarily owned by the controversial figure Donald Trump, has made headlines with its application to trademark a new digital currency service named TruthFi. This development signifies TMTG’s
BIT Mining, a significant player in the Bitcoin mining industry, recently found itself at the center of a bribery scandal that has raised significant concerns about corporate ethics and compliance. Under scrutiny for its attempts to secure a resort license in Japan, the company has agreed to pay a hefty $10 million in penalties as
In the cryptocurrency world, volatility is a familiar theme, and the latest fluctuations in Bitcoin’s price have exemplified this trend. After reaching an all-time high, hovering just shy of the $100,000 mark, Bitcoin’s value has experienced a significant pullback, shedding over $4,000 since its peak on Friday. This rapid oscillation demonstrates the inherent unpredictability of
Bitcoin, the leading cryptocurrency, stands at the forefront of a financial revolution with prices soaring over 40% in anticipation of the upcoming US elections on November 5th. Analysts attribute this phenomenon not only to the optimistic narrative surrounding the Trump campaign’s initiatives for the burgeoning internet industry but also to inherent patterns observed in Bitcoin’s
