The Normie (NORMIE) token recently faced a major setback when it fell victim to a smart contract exploit, causing its value to plummet by a staggering 99% in just three hours. This exploit resulted in the market cap of the token dropping from $42 million to a mere $200,000. The aftermath of this incident has
Recently, Ethereum has gone through a critical week that has the potential to shape its future trajectory. A technical candlestick arrangement is indicating that ETH prices could be gearing up for a significant upturn in the near future. By examining the events on the monthly chart, one analyst has noted that the ETH/BTC ratio is
In the last 24 hours, Floki Inu (FLOKI) experienced a significant uptick in value, witnessing a 20% rise that pushed its market cap to approximately $2.6 billion. This surge propelled FLOKI back into the fifth position within the meme coin sector, showcasing a resurgence in trader interest and market activity. The meme coin landscape as
The fusion of social media and finance has given rise to the concept of SocialFi, a revolutionary paradigm that redefines user engagement and profitability within online platforms. At the heart of this transformative movement lies the empowerment of content creators through the utilization of social tokens. These digital assets enable creators to monetize their content
The European Securities and Markets Authority (ESMA) has been closely examining Maximum Extractable Value (MEV) as a form of illegal market abuse within the proposed technical standards for the Markets in Crypto-Assets (MiCA) regulation. This scrutiny by ESMA has significant implications for the crypto industry, as highlighted by commentator Patrick Hansen. ESMA’s draft explicitly mentions
The world of cryptocurrency has witnessed a new wave of meme coins on the Solana blockchain, catching the attention of investors globally. These meme coins, including Sealana ($SEAL), DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME), and Popcat ($POPCAT), have quickly risen to become top ten meme coins by market capitalization within a short period.
Shiba Inu ($SHIB) has emerged as a top-performing digital asset investment in 2024, surpassing the likes of Bitcoin, Ethereum, and even Dogecoin. With a current price of $0.00002547, Shiba Inu has seen a remarkable 200% increase from its price a year ago. In comparison, Bitcoin has risen by 158%, Ethereum by 115%, and Dogecoin by
Toncoin (TON), the native token of The Open Network blockchain, has been making waves in the cryptocurrency market recently. According to a recent analysis by CryptoQuant, TON has surpassed Bitcoin in price performance by an impressive 118% since the beginning of 2024. The on-chain analytic company’s research has revealed interesting trends in investor sentiment across
The Worldcoin project, led by Sam Altman, has hit a roadblock in Hong Kong as the Office of the Privacy Commissioner for Personal Data (PCPD) has ordered the Worldcoin Foundation to cease all activities in the region. This action was taken due to the collection of facial and iris biometric data from over 8,000 individuals
In a significant move to combat online fraud and financial scams, prominent US-based cryptocurrency exchange Coinbase has launched a new initiative called ‘Tech Against Scams’. This coalition includes industry leaders such as Meta, Ripple, Gemini, Kraken, Match Group, and GASO. The primary goal of this initiative is to address online fraud while simultaneously protecting and
Fourteen years ago, the idea of using 10,000 bitcoins (BTC) to purchase only two pizza boxes seemed inconsequential. Fast forward to today, and the story has drastically changed. Bitcoin Pizza Day, celebrated on May 22, is a tribute to a remarkable event in the cryptocurrency world. It marks the day when Laszlo Hanyecz, a Floridian
The recent surge in the price of Bitcoin to $71,000 was fueled by the news of the Ethereum ETF approval. However, the price quickly corrected to $67,000 and is now consolidating. Despite this, Bitcoin whales are showing signs of activity in the market, with a significant increase in their holdings over the past few days.
The recent approval of the Ethereum Spot ETF has sparked a wave of speculation regarding the potential performance of these investment funds once they hit the market. Renowned Bloomberg ETF analyst, James Seyffart, has weighed in on the subject, offering his insights on the level of investments these ETFs are likely to attract compared to
The cryptocurrency market has been witnessing a concerning trend in the form of tokens being launched with high valuations but limited initial circulating supply. Recent findings from Binance Research shed light on this alarming practice, revealing that an increasing number of tokens are entering the market with inflated valuations. This phenomenon has raised questions about