The recent resurgence of retail investors in Ethereum meme coin markets has brought about a new wave of excitement. One particular token, Apu, has taken the market by storm on decentralized exchanges (DEX). This shift marks a significant change in market dynamics, especially after a prolonged period of dominance by Solana meme coins. The decline
The recent announcement of Michael Sonnhenshein stepping down as the CEO of Grayscale, the world’s largest Bitcoin ETF, has sent shockwaves through the cryptocurrency community. His replacement by Peter Mintzberg from Goldman Sachs marks a significant shift in leadership for the company. Sonnhenshein’s departure comes at a crucial time for Grayscale, as it was recently
The cryptocurrency market is abuzz with optimism as a crucial Bitcoin metric has just turned bullish, raising hopes for an impending rally in the price of Bitcoin. A unique technical pattern known as the Stablecoin Supply Ratio (SSR) Oscillator has broken below the lower Bollinger Bands, signaling a potential uptrend for the world’s largest cryptocurrency.
Bitcoin, the primary cryptocurrency, has experienced quite a rollercoaster ride in the past 24 hours. With the price dropping below $67,000 multiple times, it has managed to react positively to each correction, currently resting at that crucial line once again. Just a week ago, Bitcoin’s price plummeted to slightly over $61,000 due to some issues
As we look ahead to the economic events of the upcoming week, there are several key highlights that investors and market participants should keep an eye on. From the release of the Federal Reserve meeting minutes to a major earnings report from semiconductor giant Nvidia, there are plenty of factors that could potentially influence market
The highly anticipated American football-inspired web3 game, Draftables, recently made waves by selling out of Founder Pass NFTs on Avalanche’s Hyperspace in less than 10 minutes. The quick sellout of the freebie Founder Pass NFT series highlights the excitement and anticipation surrounding the game. Those who were able to secure these exclusive NFTs will have
The cryptocurrency market is currently experiencing a major shift towards mainstream adoption, with notable developments such as the Bitcoin halving and BTC ETF hype drawing in more users. Along with this trend, crypto whales – investors with significant funds capable of influencing market trends – have also been more active. One interesting observation is that
North Korea’s notorious cybercriminal group, known as the Lazarus Group, has been involved in illicit activities involving the theft of cryptocurrency. A confidential United Nations report obtained by Reuters revealed that the group transferred millions of dollars worth of stolen cryptocurrency back to North Korea. In March 2023, the hackers took $147.5 million worth of
Aiden Pleterski, known as Ontario’s self-proclaimed ‘Crypto King,’ has recently made headlines due to his arrest on charges of fraud and money laundering. Along with his associate, Colin Murphy, Pleterski is accused of orchestrating a Ponzi scheme that allegedly resulted in the theft of approximately $30 million from unsuspecting victims. This case, dubbed ‘Project Swan,’
In a shocking turn of events, two siblings who graduated from the prestigious Massachusetts Institute of Technology (MIT) are now facing serious allegations of exploiting a vulnerability in the Ethereum blockchain. The siblings, Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are accused of swindling a staggering $25 million within a mere 12 seconds. This brazen
Polkadot has recently embarked on a groundbreaking partnership with Founder Institute, a prominent business incubator known for nurturing innovative startup ideas. This collaboration marks the beginning of an exciting chapter in the launch of the first Web3 cohort within Founder Institute’s Core Program. The team at Founder Institute expressed enthusiasm about revolutionizing the landscape of
Magic Square has unveiled a game-changing platform called Magic Launchpad, aimed at revolutionizing the way early-stage projects raise funds. This innovative Initial DEX Offering (IDO) platform boasts an impressive 4.5 million unique user wallets and more than 1400 registered projects. Magic Square’s community-driven approach sets it apart, providing solutions for growth hacking, brand awareness, user
The cryptocurrency market has seen a remarkable week of trading, with Bitcoin leading the way in a positive trend. Bitcoin saw significant gains, exceeding $6,000 and reaching a high price of over $67,000 – its highest level in almost a month. This surge in Bitcoin’s price also had a positive impact on altcoins, with many
Recently, the Chinese police forces unveiled a major underground banking operation that utilized the popular stablecoin Tether (USDT) to facilitate transactions totaling 13.8 billion yuan ($1.9 billion). This illegal operation was discovered by the Public Security Bureau of Chengdu Municipal, leading to the arrest of 193 suspects and the freezing of 149 million yuan ($20.6