Recent developments surrounding Ripple and its native cryptocurrency, XRP, have ignited a wave of enthusiasm within the crypto community. The announcement by SEC Chair Gary Gensler regarding his intention to step down on January 20, 2025, coinciding with Donald Trump’s presidential inauguration, appears to have been a catalyst for XRP’s price momentum. Following this news,
Crypto
In November 2019, Upbit, a prominent cryptocurrency exchange in South Korea, fell victim to a massive cyberattack that subsequently led to the theft of $50 million worth of Ethereum (ETH). This unprecedented violation not only shook the cryptocurrency community but also highlighted existing vulnerabilities within digital finance systems. For years, the intrigue surrounding the Upbit
In a groundbreaking decision, a Bankruptcy Judge in the Southern District of New York has sanctioned Celsius Network’s use of non-fungible tokens (NFTs) to serve legal notices. This decision emerges amidst the company’s ongoing insolvency proceedings, underlining the unique challenges posed by the digital economy. The need to recover funds stemming from allegedly fraudulent transactions
On November 21, 2023, the Sui Network—a Layer 1 blockchain—encountered a significant operational disruption, leading to an alarming halt in its mainnet block production. This incident lasted for two hours and temporarily suspended transaction processing on the network. According to the official team announcement, the outage was traced back to a bug within the transaction
As the cryptocurrency landscape expands, the Shiba Inu (SHIB) community finds itself at the center of a growing tide of fraudulent activities. The distinct appeal of Shiba Inu, known not only for its fanbase but also for its meme culture, attracts both legitimate investors and opportunistic fraudsters. Recently, voices within the community, particularly the Shibarium
The cryptocurrency landscape is continually evolving, and the recent introduction of Binance’s token, BFUSD, has stirred considerable anticipation and skepticism. Touted as an innovative alternative to traditional stablecoins, BFUSD promises an attractive APY of 19.55%, raising eyebrows in the financial community. The token presents a new approach to asset management by allowing users to earn
Heather Morgan, notoriously known as “Razzlekhan,” recently found herself in the spotlight for far graver reasons than her eccentric rap persona would imply. After pleading guilty to conspiracy charges linked to money laundering from the infamous 2016 Bitfinex hack, she was handed a hefty 18-month prison sentence. The saga underscores a cautionary tale about the
The cryptocurrency landscape has become increasingly intertwined with politics, particularly in the context of Brian Armstrong, the CEO of Coinbase, and his forthcoming private meeting with then-President-elect Donald Trump. This meeting, facilitated by Trump’s transition team, comes amid rising anticipation regarding key appointments that could significantly influence regulatory frameworks governing the crypto industry. As cryptocurrencies
The cryptosphere is buzzing with new developments as Cardano’s creator, Charles Hoskinson, appears to be reevaluating his past criticisms of Ripple and its flagship cryptocurrency, XRP. In a surprising turn of events, Hoskinson recently had discussions with Ripple’s CEO, Brad Garlinghouse, that hint at the possibility of collaboration between the two major blockchain platforms. This
In recent weeks, Bonk (BONK), a meme coin associated with the Solana blockchain, has captured the attention of crypto investors and enthusiasts. After an impressive two-week rally that saw its price surge to an all-time high of $0.000055, Bonk’s recent settlement at $0.000049 reflects a remarkable growth trajectory. The cryptocurrency market has often seen volatility,
In a notable move to enhance its cryptocurrency portfolio, Tokyo-listed Metaplanet held a Board of Directors meeting on November 18th, where it announced a significant debt issuance. This initiative aims to bolster their investments in Bitcoin, reflecting a broader trend among corporations to diversify and secure their assets in the volatile cryptocurrency market. The decision
As the decentralized finance (DeFi) landscape continues to evolve, Solana has recently marked a significant achievement in its decentralized exchange (DEX) ecosystem. The network has surpassed a staggering monthly trading volume of $70 billion for the first time, indicating a robust uptick in trading activity. This milestone, propelled by consistent daily activity and innovative growth
In the unpredictable landscape of Polish politics, Sławomir Mentzen is making headlines as a prominent libertarian presidential candidate for the upcoming elections in May 2025. At 37, he stands at the forefront of a movement that seeks to redefine Poland’s economic and regulatory framework concerning cryptocurrencies. In a recent announcement on November 17 via X,
The cryptocurrency landscape exhibited notable stability over the weekend, largely characterized by Bitcoin’s impressive resilience. Sustaining its value above $90,000, Bitcoin is currently in an upward trajectory, reflecting a robust demand among investors. The overall market capitalization has surged beyond $3.2 trillion, a significant achievement bolstered by the performance of mid-cap cryptocurrencies. This stability is