In recent months, Bitcoin has transitioned from a niche digital currency to a serious competitor in the realm of traditional reserve assets. Governments and central banks worldwide are increasingly recognizing the potential benefits of including cryptocurrencies in their portfolios. Notably, the Czech Republic’s recent consideration of Bitcoin by its central bank, driven by Governor Aleš
Crypto
The resignation of Michael Barr from his position as the U.S. Federal Reserve’s Vice-Chair for Supervision marks a pivotal moment in the regulatory landscape, particularly concerning digital assets. Announced ahead of Donald Trump’s anticipated return to the White House, Barr’s exit has prompted a wave of reactions from various sectors, including lawmakers and representatives from
The cryptocurrency market has been experiencing a significant downturn over the past several days, which has left many investors anxious and anticipating a potential turnaround. As December draws to a close, the anticipated “Santa Claus rally” that often characterizes the year-end performance of various markets, including cryptocurrencies, seems to be elusive this year. Reports indicate
The non-fungible token (NFT) market has exemplified resilience in 2024, showcasing remarkable growth despite broad fluctuations in transactions and sales activities. According to data compiled by CryptoSlam, the NFT sector has surpassed its revenue from 2023, generating an impressive total of over $8.7 billion. With cryptocurrency dynamics continuously evolving, understanding the underlying trends and changes
The digital landscape is continually evolving, and with it, the complexities of cybercrime. Recent trends have shown a sinister adaptation by cybercriminals who are now leveraging widely-used platforms to lure unsuspecting victims. A recent incident involving a phishing campaign disguised as Zoom meeting links exemplifies this threat, revealing the vulnerabilities inherent in our digital interactions,
The ever-evolving landscape of cryptocurrency has unfortunately become a playground for malicious activity, leading to a growing focus on digital asset security. Binance, one of the largest cryptocurrency exchanges in the world, took a monumental step in combating this issue through its Anti-Scam Refund Initiative. In a recent year-end report, Binance highlighted its efforts to
The year 2024 has marked a pivotal chapter in the cryptocurrency narrative, dominated not by traditional blockchain projects or technological advancements but by the sensationalism surrounding meme coins. As the market experienced significant growth, meme coins emerged not merely as a fleeting trend, but as substantial players, capturing the imagination—and investments—of a wide range of
In 2024, the cryptocurrency landscape faced unprecedented challenges as access control vulnerabilities surfaced as the primary driver of financial losses from hacks, accounting for an astounding 75% of overall damages across decentralized finance (DeFi), centralized finance (CeFi), and the emergent gaming/metaverse sectors. This dramatic rise from 50% in 2023 highlighted the growing sophistication of cybercriminals
Cryptocurrencies, while promising financial independence, have unfortunately bred an environment rife with scams. A new scheme has emerged, turning traditional narratives on their heads by ensnaring would-be thieves in a web of self-deception. Cybercriminals have devised an intricate trap that lures in those looking to capitalize on others’ naivety in the crypto realm, ultimately making
December has proven to be a monumental month for MakerDAO, one of the most prominent decentralized finance platforms. The analytics from DeFiLlama reveal astonishing metrics that highlight an unparalleled increase in both fees and revenues, marking this month as a significant turning point. During December alone, MakerDAO achieved a staggering peak in fees totaling $40.86