Dunamu, the parent company of South Korea’s premier cryptocurrency exchange, UPbit, has shattered expectations with an eye-popping 85.1% surge in operating profits for 2024. This figure, translating to 1.19 trillion won or approximately $682 million, is not merely a report of financial success; it’s a testament to the resilience and innovation of a company thriving
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In the world of cryptocurrency, few tokens demonstrate the fragility of their existence quite like the Curve DAO token (CRV). As we stand on the brink of what could be a significant breakthrough for CRV, it’s imperative to recognize that its potential ascent is tethered to Bitcoin’s (BTC) journey. This correlation speaks to a broader
The recent announcement that NFTs minted on the Ronin blockchain are now actively integrated into OpenSea marks a pivotal moment in the cryptocurrency landscape. It’s not merely a functional upgrade; it signifies a cultural shift within the NFT community. Those of us adhering to center-right liberal principles must recognize this moment as an opportunity to
In a decisive move that has sent ripples through the cryptocurrency community, South Korea’s Financial Intelligence Unit (FIU) has barred access to 17 overseas crypto exchange applications on Google Play. The targeted platforms, which include household names like KuCoin and Poloniex, are accused of operating without the necessary licensing, thus shocking users who had expected
In a surprising turn of events, Bitcoin has clawed its way back above the $88,000 threshold after dipping below $87,000, revealing the inherent volatility that continues to define the cryptocurrency market. Despite bearish whispers that suggested that the downward trend might persist, Bitcoin’s resurgence hints at a resilient underlying sentiment that keeps the market engaged.
In a landscape where traditional banks are often cumbersome and archaic, Nubank has stepped into the spotlight as a trailblazer in the neobank arena, particularly in Brazil. With over 85 million customers, Nubank is taking bold strides forward as it broadens its cryptocurrency offerings. By incorporating tokens like Cardano (ADA), NEAR Protocol (NEAR), Cosmos (ATOM),
For years, centralized exchanges (CEXs) such as Binance and Coinbase have stood as titans in the crypto trading arena, amassing colossal daily trading volumes—a staggering $17 billion for Binance alone. Historically, these platforms have offered what many would consider a user-friendly experience, leveraging liquidity and speed while serving as the primary gateway for new investors.
The saga of Mt. Gox is one that resonates deeply within the cryptocurrency world—a cautionary tale that serves as a bittersweet reminder of how far the digital currency ecosystem has come, yet how vulnerable it remains. After years of silence following its catastrophic failure, the erstwhile titan of cryptocurrency trading is making headlines again. On
As we traverse deeper into the digital era, the implications of cybercrime grow exponentially. The recent $50 million hack involving Infini has sent shockwaves throughout the blockchain community, revealing not just the vulnerabilities inherent in the technology but also the sheer audacity of those who exploit it. The hack, initially perceived as an external assault,
Ethereum, the second-largest cryptocurrency by market capitalization, is not just floundering in the depths of market volatility; it is poised for a substantial resurgence. Some industry experts see a bullish breakout on the horizon, driven by a complex Inverse Head and Shoulders (iH&S) pattern emerging on Ethereum’s weekly charts. While many might dismiss this as
