The implosion of the TerraUSD and Luna cryptocurrencies not only raised significant alarm within the financial sectors but also put a spotlight on the vulnerabilities that exist within the crypto space. Central to this saga is Do Kwon, co-founder of Terraform Labs, who has found himself at the heart of ongoing legal turmoil following the
Crypto
As 2025 unfolds, Bitcoin is basking in a remarkable resurgence, once again crossing the pivotal $100,000 threshold. This rise, marked by an 8% increase in just a week, rekindles optimism among investors, though it still lingers below its peak established in late 2024, which exceeded $108,000. This latest rebound underscores Bitcoin’s influential role in the
Ripple has entered a phase of stagnation, characterized by a tight balance between buying and selling pressure. This equilibrium is marked by an evident lack of volatility, reflecting a broader sentiment of uncertainty among investors. As the digital asset hovers within a narrow price range, it becomes increasingly crucial for Ripple to achieve a breakout
The cryptocurrency market is notorious for its rapid fluctuations, and recent events serve as a prime illustration of this unpredictable nature. Within a span of just 24 hours, Bitcoin (BTC) experienced a significant downturn—plummeting from a high of over $102,000 to a staggering $95,200. The sharp decrease highlights an alarming trend that’s increasingly common in
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
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