Coinbase has found itself in a storm of controversy as it grapples with increasing account restrictions, which the platform attributes to a notable rise in fraudulent activities. Following the conclusion of the recent US presidential election, the exchange observed a dramatic surge in user engagement—an event that notably correlated with a threefold increase in fraudulent
In the ever-evolving landscape of cryptocurrency, predictions about the market’s trajectory carry weight and potential consequences. The recent assertions made by crypto analyst Tony Severino regarding Bitcoin’s potential peak by January 2025 demand a thorough examination. Severino’s analysis suggests an imminent end to the current bull run and raises the bar for speculation regarding Bitcoin’s
As the year draws to a close, many investors find themselves contemplating the potential benefits of investing in cryptocurrencies like Bitcoin. December has historically been seen as a fruitful time for both traditional equities and digital assets, often attributed to the so-called “Santa Claus rally.” But what does this mean for Bitcoin investors as they
The world of Non-Fungible Tokens (NFTs) has witnessed a roller coaster of transformations over the past year, from staggering highs to sobering lows and now hints of recovery that are equally promising and precarious. As we delve into the current state of the NFT market, it is vital to sift through the data, trends, and
Recent revelations regarding tax evasion in India’s burgeoning cryptocurrency market have sent shockwaves through the financial community, highlighting the controversial dynamics of crypto trading and regulation in the country. The GST authorities have uncovered a staggering ₹99.1 million (approximately $99 million) in tax evasion involving 17 cryptocurrency exchanges operating in India, signaling an urgent need
November saw alarming statistics in the world of decentralized finance (DeFi), particularly concerning the BNB Chain, where a staggering 35.5% of its blocks were reported to be affected by Sandwich attacks. This aggressive form of front-running, a tactic where malicious actors anticipate and exploit upcoming transactions, has become increasingly prevalent. Within just one week, a
The cryptocurrency market is experiencing a significant resurgence, with Ethereum (ETH) taking the lead as it surpasses the $4,000 mark for the first time in ten months. This pivotal moment signifies not only a remarkable 40% price increase within a single week but also reflects a broader positive shift within the crypto landscape. Analysts and
Bitcoin has undoubtedly captivated the financial world, particularly during its recent rousing journey past the $100,000 threshold. However, this remarkable ascent has been met with unexpected volatility. After a brief surge that propelled Bitcoin beyond this significant psychological milestone, the leading cryptocurrency quickly faced a stark correction, slipping down to around $94,000. This retracement raises
In a rapidly changing digital landscape, Semilore Faleti emerges as a committed figure in cryptocurrency journalism, adept at unraveling both complex ideas and prevailing narratives within the blockchain sector. What sets Semilore apart is not just his expertise in digital currencies but his unique perspective that intertwines financial advocacy with a deeper commitment to social
The cryptocurrency market is notoriously volatile, yet the current momentum around Ethereum (ETH) indicates a potentially bright future. After surging above $4,000 for the first time since March 2023, Ethereum has rekindled the hopes of investors. With analysts like BallaJi projecting that ETH could soar as high as $18,000, the atmosphere surrounding Ethereum has shifted