In a troubling turn of events, decentralized finance (DeFi) platform Arcadia Finance appears to have fallen prey to an exploit, resulting in a loss of approximately $455,000. Reports have surfaced, indicating that a prominent blockchain security firm has identified fraudulent […]
Standard Chartered, a leading UK-based bank, has made bold predictions about the future price of Bitcoin (BTC), forecasting a surge to $50,000 this year and an astonishing $120,000 by the end of 2024. The bank suggests that such price increases […]
Evolution of blockchain has engulfed a variety of sectors. This revolutionary technology has not only optimized industries such as healthcare and finance, but also made gaming and art industries more lucrative and interactive. For instance, the rise of esports and […]
The announcement on July 6, made by crypto exchange platform Bitfinex, stated that the platform recovered $312,219.71 in cash and 6.917 in Bitcoin Cash for the 2016 hack from the United States Department of Homeland Security. The United States Customs […]
In a recent Twitter Space conversation, Vitalik Buterin, co-founder of Ethereum, expressed his enthusiasm for the emergence of Ordinals on the Bitcoin network. According to Buterin, these developments signify a resurgence of the “builder culture” within the Bitcoin community and […]
The cryptocurrency ecosystem with all of its limitless benefits, is prone to manipulation at times. Digital assets are volatile in nature and this volatility can be manipulated by certain actors. One of the common practices used by these actors is […]
In a concerning turn of events, Multichain faced another blow as the Fantom bridge of Multichain was targeted by hackers, resulting in the loss of $126 million worth of assets. Simultaneously, Aptos Network, fell victim to a Twitter account hack, […]
Online gambling took the world by storm during the COVID-19 pandemic, when land casinos were not available, and there was nothing much that everyone could do given the lack of accessible amenities and entertainment options, at least without risking yourself […]
A fresh Bitcoin analysis predicts that the BTC bulls will encounter the challenging task of breaking BTC price action beyond $35,000. The trading firm QCP Capital, in its July 5 update, stated the potential cooling-off point for the Bitcoin bull […]
Ethereum developers and members of the community have come together to propose a new token standard aimed at protecting decentralized finance (DeFi) protocols from potential hacks and exploits. The proposed ‘Circuit Breaker’ mechanism would act as a safeguard by temporarily […]
