The recent hack of Bybit, one of the leading cryptocurrency exchanges, has sent shockwaves through the crypto community, raising important questions about security infrastructure within blockchain-based platforms. Former CEO of Binance, Changpeng Zhao, commonly referred to as CZ, has criticized Safe Wallet’s post-mortem report regarding the attack, highlighting key concerns about the effectiveness of the
Crypto
The cryptocurrency market is notoriously volatile, and Bitcoin, the leading cryptocurrency by market capitalization, is often at the forefront of significant price fluctuations. Recently, Bitcoin’s value plummeted below the $90,000 mark, primarily influenced by macroeconomic news such as US President Donald Trump’s announcement of a 25% tariff on imports from Canada and Mexico. Such geopolitical
The cryptocurrency market is experiencing a tumultuous phase as evidenced by the Bitcoin Fear & Greed Index, which has plunged to a worrying 10. This stark decline marks the lowest sentiment recorded since June 2022 and signals an atmosphere of extreme fear among investors. A notable drop from last week’s neutral stance of 49 to
In the chaotic realm of decentralized finance (DeFi), Jupiter Exchange has carved an impressive niche for itself, transcending some of the more established platforms in the field. Reporting a remarkable daily revenue of $2.73 million, Jupiter has positioned itself as a formidable competitor against the likes of major industry players, including Tether and Uniswap. With
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been a hotly discussed topic in the cryptocurrency community for over four years. With various developments unfolding, there is growing speculation that a resolution may soon be at hand. The complexities of this case, however, require a deeper dive into
The U.S. Bitcoin exchange-traded fund (ETF) market has recently experienced an unprecedented wave of outflows, with nearly $938 million exiting in just one day. This staggering figure coincides with a significant decline in Bitcoin’s price, which fell below $87,000, the lowest it has been since mid-November. Such a dramatic dip in Bitcoin’s value has inevitably
On February 25, Aya Miyaguchi made a significant announcement that marks a pivotal moment for the Ethereum Foundation (EF): she will be stepping up from the role of Executive Director to President. This decision, which Miyaguchi reflects was made a year prior, brings to light her vision for Ethereum amidst a landscape fraught with challenges
Bitcoin recently experienced one of its most dramatic downturns, shedding over 10% of its value in a mere 24-hour period, equating to an eye-watering $10,000 drop. The repercussions of this sudden decline rippled across the entire cryptocurrency landscape, leading to unprecedented liquidation figures that soared to approximately $1.6 billion. This surge in volatility not only
Bitcoin (BTC), the leading cryptocurrency known for its volatility, has recently faced significant downward pressure. With a decline of nearly 13% in just a few days, the asset has dropped from a remarkable high of $99,400 to around $86,300. This article dissects the various factors contributing to Bitcoin’s recent decline, the implications of these events,
Recent actions taken by Grayscale Investments signal a significant shift in the U.S. cryptocurrency landscape. The Securities and Exchange Commission (SEC) has officially acknowledged Grayscale’s application to launch a spot Cardano (ADA) exchange-traded fund (ETF). This marks an essential step in the regulatory approval process, which can often be lengthy and complex. The acceptance of