The Cardano (ADA) ecosystem has witnessed significant growth in various key metrics during the recent months, particularly following the successful implementation of the anticipated Chang upgrade on September 1. Despite facing a bearish market sentiment in terms of price, the Cardano Foundation reported increased investor activity and blockchain usage, indicating a positive trend in the
As Gamee, a prominent player in the mobile gaming industry, ventures into the world of blockchain gaming, they introduce WatBird as their latest game. WatBird’s primary attraction is Wat Racer, a high-speed runner game that challenges players to guide their WatBird through various obstacles to earn “WatPoints.” These points can be accumulated through gameplay and
In 2024, the US Securities and Exchange Commission (SEC) made a bold statement by imposing a staggering $4.68 billion in fines against various crypto companies. This marked a significant increase from the previous year, with 2023 seeing fines totaling $150.27 million. The massive jump in penalties reflects the SEC’s heightened scrutiny of the crypto sector
Grant Thornton, a leading global auditor, recently conducted a thorough review of Liminal’s infrastructure after the hack on WazirX’s systems. This prompted Liminal to engage independent auditors to assess the security of its own platform. The audit reaffirmed that there were no compromises in Liminal’s systems during the incident. Assessment of Vulnerabilities The audit conducted
Coinbase, once a dominant force in the US crypto market, has experienced a significant decline in market share in recent months. According to a report by research firm Kaiko, Coinbase’s market share has dropped from 55% in March to 41% in early September. This decline has been accompanied by the rise of smaller exchanges such
Ethereum, despite its popularity, has been displaying a bearish trend making it one of the worst-performing cryptocurrencies among the top largest by market cap. This negative movement has caused many investors to face losses as the price of Ethereum continues to drop. The possibility of the price falling below $2,000 again looms large, creating concerns
Bitcoin (BTC) faced a significant price drop over the weekend due to the release of August nonfarm payrolls (NFP) data, which failed to meet analysts’ expectations. This led BTC to plummet by nearly 5%, dipping below the $54,000 mark and hitting its lowest level since early August. The resultant market volatility led to the liquidation
Friend.tech’s recent decision to transfer ownership of its smart contracts to Ethereum’s null address has sent shockwaves through its ecosystem. The immediate market reactions and the subsequent drop in the value of the FRIEND token have raised concerns about the platform’s future viability. However, this move is just the tip of the iceberg, as Friend.tech
When analyzing the current state of the crypto market, it is essential to consider the insights provided by crypto analyst Daan Crypto. In a recent analysis, it was highlighted that Bitcoin’s price action is heavily influenced by its ability to hold above the $60,000 range. The Bitcoin Rainbow Chart, a visual representation of price action
The United States Federal Bureau of Investigation (FBI) recently released a paper warning the public about the rising threat of aggressive attacks from North Korean hackers targeting the crypto industry. These attacks are not your typical cyber breaches; they involve intricate social engineering tactics that are difficult to detect, even by those well-versed in cybersecurity