The cryptocurrency market has been subjected to intense scrutiny following the spectacular downfall of FTX and Alameda Research. On December 3, a notable event occurred as the U.S. government transferred approximately $33.6 million worth of several cryptocurrencies to two unmarked addresses. The digital assets in question included high-profile tokens such as Ethereum (ETH), Binance USD
In the rapidly evolving landscape of technology, the introduction of the world’s first Web3 laptop by Thomson Computing marks a pivotal moment for both traditional and decentralized computing. This innovative device aims to create a seamless pathway for users to access the decentralized internet, offering an unprecedented combination of security and user experience. As the
The recent life sentence of Stanislav Moiseev, the alleged mastermind behind the infamous Hydra marketplace, marks a significant turning point in the realm of online drug trafficking. Alongside a hefty fine and lengthy prison terms for other members of his operation, the court’s decision highlights the efforts of law enforcement to combat illegal activities facilitated
In a groundbreaking trading session in Asia on Thursday, December 5, Bitcoin’s price surged to an unprecedented high of $103,630, as reported by Tradingview on Binance. This remarkable leap from an intraday low of approximately $95,000 represents a striking increase of over 7% within a mere 12 hours. Bitcoin has now showcased a staggering year-to-date
Recent discussions surrounding Bitcoin trading habits have shed light on a common misconception: the belief that HODLers, or long-term Bitcoin holders, never sell their assets. This notion was challenged by on-chain analyst James Check, who pointed out that these holders do indeed engage in selling. This behavior has significant implications for the market, particularly in
Ethereum (ETH), the prominent cryptocurrency that ranks second only to Bitcoin in terms of market capitalization, is currently navigating another challenging chapter in its price history. Recently, the asset has witnessed a noticeable decline, dropping by 2.4% within a 24-hour period, with its price hovering around $3,577. This downturn reflects a 26.8% drop from its
In the world of cryptocurrency, the ideal is to decentralize financial systems and return power to users, away from traditional banking institutions. However, recent events have shown that users of centralized exchanges like Coinbase can often fall into the very pitfalls they sought to escape. One notable incident occurred when Ethereum developer Eric Connor found
The cryptocurrency realm is no stranger to volatility, and SUI has recently experienced a striking resurgence, gaining over 115% within a week of USDC’s launch on the layer-1 blockchain. This significant price rally, which saw SUI leap from a low of $0.742 to a peak of $2, can be attributed to multiple factors, including heightened
As of now, Bitcoin (BTC) is trading in a narrow band between $94,000 and $96,000. However, recent data suggests that significant movement is imminent. Insights from blockchain analysis firm CryptoQuant have highlighted a potential for a bullish breakout in the coming weeks. Market participants are currently eager to assess whether these analytics will translate into
In a surprising turn of events, RTFKT, the innovative creator behind futuristic non-fungible token (NFT) sneakers and avatars, has declared its impending closure slated for early January 2025. Announced on December 2 via their official post on X, the firm reflected on its achievements while outlining plans to finalize operations. RTFKT’s inception in 2020 positioned