The world of cryptocurrency, celebrated for its decentralization and security, still harbors vulnerabilities that can lead to devastating financial losses. A recent incident involving a user on the social platform X, who goes by the handle “LeftsideEmiri,” highlights the alarming prevalence of social engineering attacks in the crypto arena. This case serves not only as
Crypto
The NFT landscape is constantly evolving, and few projects have managed to attract attention as effectively as the Pudgy Penguins. The announcement of their upcoming cryptocurrency, Pengu, has stirred excitement and speculation within both the NFT and broader cryptocurrency communities. Set to launch on the Solana blockchain, the Pengu token aims to establish a new
On December 5, 2024, Bitcoin’s valuation astonishingly crossed the $100,000 threshold, prompting The Financial Times (FT) to issue an unusual statement framed as an “apology.” This message, disseminated via FT Alphaville, the outlet’s platform for daily commentary, was quickly met with a mixed bag of reactions, particularly from the cryptocurrency community. While it purported to
The ongoing lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against cryptocurrency exchange Binance, its American counterpart Binance.US, and former CEO Changpeng Zhao, reflects deepening tensions in the evolving world of digital asset trading. The legal clash is rooted in allegations that these entities were operating an unregistered securities exchange through their dealings
In a bold move that underscores its commitment to innovative financial strategies, Semler Scientific has once again expanded its cryptocurrency portfolio, purchasing $30 million worth of Bitcoin. This latest acquisition, which was finalized between November 25 and December 4, 2024, saw the healthcare technology provider secure an additional 303 BTC at an average price of
Bitcoin, the flagship cryptocurrency, is renowned for its erratic price fluctuations that astonish both seasoned investors and newcomers alike. This week has been no exception as Bitcoin surged to an impressive $102,000 before retreating slightly in the wake of a significant correction. The price volatility has made it both a potentially lucrative investment and a
Bitcoin recently captivated the financial world with an unprecedented price surge, exceeding $100,000 for the first time in its history. This meteoric rise, marked by an increase of more than $30,000 since November 6, has spurred both excitement and caution among investors. Such a significant jump often prompts profit-taking, leading to fluctuations in market dynamics
The Central American nation of El Salvador has made headlines recently with its audacious venture into the world of cryptocurrency, specifically Bitcoin (BTC). This bold step, officially taken in 2021, culminated in Bitcoin being recognized as legal tender. Since then, President Nayib Bukele has been vocal on social media, expressing pride in the substantial investment
MARA Holdings, the preeminent publicly traded Bitcoin mining company on Wall Street, has recently finalized a noteworthy offering of convertible senior notes, raising a staggering $850 million. The announcement came on December 5, signifying the firm’s intent not only to enhance its Bitcoin holdings but also to reinforce its financial standing by purchasing back some
The Tron blockchain has experienced a remarkable resurgence in recent weeks, culminating in a historic milestone. The total value locked (TVL) on the Tron network skyrocketed to $36.2 billion as of December 4, representing an unprecedented high that showcases the increasing attractiveness of the platform to decentralized finance (DeFi) users. This dramatic increase in TVL