Bitcoin’s price experienced significant fluctuations recently, hitting close to $60,000 but then retracing by over $2,000. This rollercoaster ride in price movement has left traders and investors on edge, unsure of what direction the market will take next. While Bitcoin’s price has been erratic, most altcoins have remained relatively sluggish on a daily scale. However,
Recently, the popular crypto privacy protocol Railgun successfully thwarted Inferno Drainer’s latest effort to launder stolen funds. SlowMist’s anti-money laundering tracking system, MistTrack on X, reported that an attempt to launder over 174 ETH, valued at approximately $533,000, was intercepted by Railgun. As a result, the perpetrators were forced to return the stolen ETH to
Anomaly Games, a pioneering Web3 startup, has recently partnered with Google for Startups Cloud Program, marking a significant milestone in the gaming industry. This strategic collaboration aims to revolutionize the gaming sector by leveraging advanced cloud technology, artificial intelligence, and Web3 innovations. The partnership between Anomaly Games and Google for Startups Cloud Program promises to
Recently, the Cardano blockchain has been experiencing a period of relative quietness, accompanied by ADA price consolidation. However, amidst this lull, there has been a notable observation regarding the behavior of Cardano whales and their impact on the overall market sentiment and price movement. Despite the overall quietness in the market, on-chain transaction data has
The US Securities and Exchange Commission (SEC) has concluded its investigation into stablecoin issuer Paxos. Paxos announced on July 11 that the SEC had issued an investigations termination notice on July 9, confirming that no enforcement action would be taken against Paxos Trust Company regarding the Binance USD (BUSD) stablecoin. This decision comes more than
Bitcoin (BTC) has recently shown strong bullish momentum after breaking above its bearish trendline. This has sparked optimism among traders and investors regarding the digital asset’s potential to reach the $60,152 mark. With a market capitalization exceeding $1.1 trillion and a trading volume of over $24 billion, Bitcoin’s current price hovers around $58,119, indicating a
In a time of challenging market conditions, DWF Labs, a Web3 market maker and investment firm, is setting the stage for continued growth and innovation. Despite the obstacles presented by the current landscape, the firm is determined to forge ahead with ambitious plans that prioritize transparency and fair market practices. The recent launch of their
The recent movement of nearly $1 million in Ether into the Tornado Cash protocol by wallets associated with the CoinStats exploit highlights the ongoing challenges faced by the cryptocurrency industry. The fact that these wallets were able to transfer such a significant amount of funds into a controversial crypto mixing protocol raises concerns about the