Recent geopolitical tensions and concerns about inflation have led to a rise in interest in Bitcoin among American voters. A survey conducted by Grayscale revealed that one in three voters will take into account a political candidate’s stance on cryptocurrencies before casting their vote. This shows a significant shift in voter priorities, with 77% of
Crypto
The cryptocurrency sector has been hit with significant losses in recent months, as reported by blockchain security firm CertiK. Flash loan attacks, in particular, have caused the largest financial damages, totaling around $20.7 million. Sonne Finance was one of the hardest-hit, losing a staggering $20 million, followed by TLN Protocol with a loss of $746,000.
A tale of lost bitcoins has recently been unearthed, showcasing the remarkable efforts of two cybersecurity researchers who aided an anonymous crypto user in recovering 43.6 BTC that had been inaccessible for 11 long years. The individual, identified only as Michael, had lost access to the wallet containing the valuable assets and sought the expertise
Mastercard has recently introduced the Mastercard Crypto Credential, a groundbreaking development that aims to revolutionize blockchain transactions. This new feature enables users to conduct peer-to-peer transactions on platforms such as Bit2Me, Lirium, and Mercado Bitcoin using simple aliases instead of complex blockchain addresses. By streamlining the process and enhancing security, Mastercard is paving the way
In 2024, the XRP Ledger (XRPL) experienced a significant surge in network activity. According to Messari’s latest report, active addresses and transactions on the XRPL increased by 37% and 113% quarter-over-quarter, respectively. This uptick in activity can be attributed to a concentrated group of approximately 45,000 accounts that collectively sent over 30 million transactions, primarily
Recently, DMM Bitcoin, a Japanese cryptocurrency trading platform, faced a devastating hack that resulted in the loss of around $305 million worth of Bitcoin. The exchange confirmed that 4,502.9 bitcoins were drained from their systems, highlighting the vulnerability of digital assets to cyber attacks. Despite the breach, DMM Bitcoin has not provided detailed information about
Recently, the U.S. District Court for the District of Utah made a significant ruling by dismissing the Securities and Exchange Commission’s (SEC) case against Digital Licensing, also known as Debt Box. This decision came as a blow to the SEC, as the judge further ordered the regulatory agency to pay approximately $1.8 million in attorney
The rise of meme coins in the cryptocurrency market has been accompanied by a surge in questionable launches, especially those associated with celebrities. Lookonchain’s data has shed light on the dangers of trading meme coins, with a recent example being American celebrity Caitlyn Jenner’s JENNER token on the Solana blockchain. Despite doubts about the token’s
Blockchain analysis firm Nansen recently made headlines by identifying DBS Bank, Singapore’s prominent banking institution, as a cryptocurrency whale. The wallet in question reportedly contains a substantial amount of Ether (ETH), valued at a staggering $650 million in today’s market. DBS Bank’s Crypto Ventures DBS Bank is no stranger to the world of cryptocurrency. The
Gemini’s bankrupt crypto lending arm has managed to achieve an impressive feat by successfully recovering almost all of its customers’ digital assets. This achievement sets a new standard for industry recoveries from insolvency, showcasing a responsible and proactive approach to addressing financial setbacks in the world of cryptocurrency. The announcement made by Gemini Earn regarding
