In 2024, the landscape of cryptocurrency security has shifted dramatically, revealing a troubling uptick in access control vulnerabilities. A staggering 75% of all financial losses attributable to crypto hacks now stem from these weaknesses, a substantial leap from the previous year’s figure of 50%. This drastic increase, as reported by cybersecurity firm Hacken, equates to
Crypto
The cryptocurrency landscape has been a whirlwind of change, particularly in the concluding month of 2024. The emergence of AI-driven technologies has not only dominated headlines but has also resulted in considerable financial returns for investors. In stark contrast, the once-enigmatic allure of meme coins and modularity projects has diminished significantly. As we delve into
Despite encountering a rough patch recently, the cryptocurrency market seems to be sustained by an unwavering belief in Bitcoin’s supremacy. According to Franklin Templeton’s 2025 Crypto Outlook report, Bitcoin is poised to maintain its status as a principal financial asset. This resilience indicates a growing acceptance of Bitcoin not merely as a speculative investment but
December 2023 has proven to be a remarkable month for MakerDAO, as evidenced by the latest figures released by the decentralized finance (DeFi) analytics platform, DeFiLlama. The protocol achieved unprecedented highs, raking in $40.86 million in fees and $26.77 million in revenue throughout the month. These statistics not only underscore a thriving user base but
The cryptocurrency ecosystem continues to evolve rapidly, and with this evolution comes a labyrinth of regulatory hurdles that investors must navigate. One of the most significant developments on the horizon is the introduction of new tax regulations by the United States Internal Revenue Service (IRS), specifically aimed at cryptocurrency holders who engage with centralized finance
The financial landscape in Syria has faced tremendous challenges over the past decade, with hyperinflation and currency devaluation becoming part of everyday life for its citizens. In response to this dire situation, the Syrian Center for Economic Research (SCER) has put forward an ambitious strategy designed to rejuvenate the country’s economy through the legalization of
In the ever-evolving landscape of cryptocurrency, security concerns remain at the forefront, with conversations frequently shifting from technological advancements to nefarious activities. The recent resurgence of the infamous “Blockchain Bandit,” who has reportedly consolidated a staggering 51,000 ETH valued at around $172 million, underscores significant vulnerabilities within the crypto realm. This consolidation, conducted on December
The emergence of artificial intelligence (AI) continues to transform multiple sectors, and the cryptocurrency landscape is no exception. The AI16Z platform is contemplating an ambitious strategic shift that involves the potential launch of its own layer-1 (L1) blockchain network. This initiative aims to reshape the tokenomics model of the AI16Z token, establishing it as the
The burgeoning world of cryptocurrency has gained significant attention in the last decade, but recently, one particular discussion has sparked interest across international borders — the establishment of a Bitcoin reserve by the United States. This topic gained momentum during the New Year’s Eve Party in Miami, where a conversation featuring Gerovich, the CEO of
On December 31, 2023, a groundbreaking initiative emerged in Switzerland, aiming to prompt the Swiss National Bank (SNB) to consider Bitcoin as an integral part of its monetary reserves. This move, largely championed by ten fervent Bitcoin proponents, is significant given Switzerland’s long-standing reputation as a financial stronghold. The initiative, which targets a constitutional amendment,