In July, the Indian cryptocurrency exchange WazirX faced a staggering blow when it suffered a $230 million hack that struck at the heart of its operations. This breach not only threatened the security of user assets but also put the platform’s reputation on thin ice. In the aftermath, WazirX found itself in a race against
Ronaldo’s venture into the realm of cryptocurrencies is not merely a phase or trend; it is a deep-seated journey rooted in curiosity and a desire for in-depth understanding. Like many who are drawn into the crypto space, Ronaldo started with basic inquiries about what constituted cryptocurrencies. Over time, this initial curiosity blossomed into a thorough
Bitcoin, the pioneering cryptocurrency, has shown remarkable resilience recently, surging past the $64,000 mark. This significant leap has brought it above its 200-day moving average, a critical indicator for many traders and investors. Such movements often signal bullish trends in the market. Moreover, indicators like the Relative Strength Index (RSI) are also trending positively, suggesting
As cryptocurrency becomes an increasingly important topic in the political arena, the way politicians are evaluated for their support of the industry can be influential in shaping public perception and policy. A recent incident involving Stand With Crypto, a digital asset lobby group backed by Coinbase, exemplifies the dynamic and sometimes contentious relationship between cryptocurrency
The landscape of cryptocurrency is in constant flux, but a recent report by CoinShares sheds light on the pivotal role played by Ethereum (ETH) in this dynamic ecosystem. According to findings released on September 24, two primary areas—marketplaces and stablecoins—are fundamental to Ethereum’s current prominence. While the network is undeniably influential in these domains, the
Semilore Faleti’s journey as a cryptocurrency writer represents a compelling intersection of digital finance and societal awareness. Initially dabbling in various subjects, Semilore recognized his passion for the digital asset sector, focusing on the intricate mechanics of cryptocurrency and blockchain technology. This revelation marked a significant turning point in his career, allowing him to shift
Shiba Inu (SHIB) has recently captured the spotlight in the cryptocurrency world, witnessing an impressive price increase of 35% over the past week. This surge has propelled its market capitalization beyond the $11.5 billion mark, establishing SHIB as the 14th largest cryptocurrency, while retaining its position as the second-largest meme coin, trailing behind Dogecoin. Such
The Ethereum (ETH) market has recently displayed a significant downturn in sentiment, marking a period of financial unease for investors and stakeholders alike. This bearish attitude towards Ethereum arises from the pronounced price volatility that has characterized its recent trading patterns. The resulting anxiety is notable, as indicated by a staggering 43% drop in new
In a recent interview on CNBC’s Squawk Box, Wyoming Senator Cynthia Lummis shared her insights regarding the possibility of Securities and Exchange Commission (SEC) Chair Gary Gensler stepping down. Despite the hosts’ belief that Gensler is content in his role, Lummis casts doubt on his longevity as the SEC’s leader. Particularly, she suggests that a
On September 27, the United States Securities and Exchange Commission (SEC) reached a significant settlement with Mango Markets’ decentralized autonomous organization (DAO) and the Blockworks Foundation. The SEC had previously accused these entities of selling unregistered securities, a notable point of concern that emerged after a massive $100 million exploit took place on the Mango