XRP, the native token of Ripple, has once again caught the attention of the cryptocurrency market with its upward movement. Over the past day, XRP has risen by over 2%, generating an impressive $1.19 billion in trading volume. Despite the legal challenges it has faced, XRP has shown resilience and made headlines throughout the past
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In a landmark decision, the EthereumPoW (ETHW) organization has announced its dissolution, marking a significant step towards its goal of achieving complete decentralization. The move comes after extensive discussions and a consensus among the majority of members, in line with the commitments made during the initial fork. The dissolution of the EthereumPoW Core development team
Paxos, the New York-based stablecoin issuer, has recently announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform. This move marks a significant milestone for Paxos in the competitive stablecoin landscape, as it seeks to reach a wider audience of everyday consumers. With rivals such as Circle and Tether also vying for
On the 30th of July, the Curve Finance community was dealt a severe blow when four of its mining pools fell victim to an exploit, resulting in a staggering loss of $73.5 million. The exploit took advantage of a re-entrancy bug in the Vyper programming language, allowing hackers to siphon funds from the pools. In
Ethereum, the second-largest cryptocurrency and the most prominent altcoin, has experienced significant growth in its market capitalization over the past year. According to a report from crypto analytics firm IntoTheBlock, Ethereum’s market cap has increased by 85%, moving from approximately $149.18 billion to its current value of $275.98 billion. However, when compared to other major
As the year comes to a close, the interest in altcoins, particularly Polkadot (DOT), has significantly increased. With an impressive gain of 47% in December alone, Polkadot has emerged as a standout performer in the cryptocurrency market. Furthermore, in the last two days, the value of DOT has risen by 20%, reaching a new record
Cryptocurrencies, including XRP, have experienced a rollercoaster ride of price movements this year. The value of XRP has increased by 74% in 2024, aligning with the overall bullish sentiment in the cryptocurrency market. However, XRP’s journey has not been without its ups and downs. While it witnessed a significant price spike earlier in the year,
The Securities and Exchange Commission (SEC) has been facing a battle with the crypto industry over the approval of a Bitcoin exchange-traded fund (ETF). While a U.S. circuit court in Washington D.C. recently ordered the SEC to revisit its rejection of a Bitcoin ETF application by Grayscale, the outcome is still uncertain. This article will
The native cryptocurrency of Solana continues to impress with its recent surge, breaking beyond the $110 mark on Sunday morning. This remarkable rise showcases the resilience of Solana and its growing acceptance in the cryptocurrency space. The price of SOL has soared to levels not seen since Terra collapsed a year and a half ago,
The U.S. Securities and Exchange Commission (SEC) has recently set a strict deadline of December 29th for companies interested in launching exchange-traded funds (ETFs) tied to the spot Bitcoin price. This development, which emerged from a high-level meeting on December 21st, has garnered significant attention from leading financial entities, including BlackRock, Grayscale Investments, ARK Investments,
