The recent cybersecurity breach involving Bybit has sent shockwaves through the crypto community, revealing the unsettling truth that nearly $400 million—27.6% of the stolen Ethereum—has become uncapturable. This stark statistic, shared by Bybit’s CEO Ben Zhou, underscores a troubling trend in the decentralized finance landscape: as advanced cryptographic technologies evolve, so too does the sophistication
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In a world pivoting towards digital assets, there lies a critical narrative that often gets overshadowed by the buzzword-laden discussions of the blockchain community. Semilore Faleti thrusts himself into the limelight with his exceptional knack for unraveling the often convoluted layers of cryptocurrency. Unlike the typical crypto writer whose coverage tends to be a mere
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Ethereum has found itself ensnared in an unsettling stagnation, reminiscent of a teetering tightrope without an audience. Rather than a vibrant exchange of ideas and values, the market has dulled into a monotonous rhythm with a concerning lack of volatility. As the world watches, Ethereum’s price teeters precariously above the critical $1,500 support level, an
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The cryptocurrency market, once a beacon of hope and innovation, has recently found itself enveloped in uncertainty. Ethereum, the second-largest digital currency, is currently grappling with a significant resistance level, trading around $1,610 amidst mounting fears fueled by global trade tensions. While many hope for a resurgence, this situation parallels the volatility we’ve come to
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Bitcoin has become synonymous with the cryptocurrency market, often serving as the bellwether for investors. However, as it nears a pivotal long-term resistance level, we find ourselves at a crossroads that could significantly alter the landscape of crypto investment. Historically, the Bitcoin dominance, a metric that gauges Bitcoin’s market share compared to other cryptocurrencies, has
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In the ever-evolving realm of cryptocurrency, Bitcoin’s recent performance has been nothing short of polarizing. Despite being labeled as “boring,” the asset’s ability to hover above $85,000 indicates an underlying resilience in an otherwise turbulent market. The recent small gains are not just fleeting moments of brightness; they symbolize the cautious optimism of traders who
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In the ever-evolving world of cryptocurrencies, Cardano (ADA) has experienced its fair share of ups and downs. However, recent market movements indicate that the digital asset may be on the cusp of a transformative breakout toward $1.7. The excitement surrounding this possibility is generated not just by speculation but also by tangible indicators that point
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