In a recent development, Justin Sun, a top representative for the crypto exchanges HTX and Poloniex, has announced plans to reward users and cover losses. This comes after the exchanges were targeted in hacker attacks, resulting in significant losses for users. In this article, we will delve into the details of this announcement, the planned
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In a recent interview during the Binance Blockchain Week held in Istanbul, Turkey, CryptoPotato had the opportunity to speak with Richard Teng, the newly appointed CEO of Binance. Teng, who previously served as Binance’s Head of Regional Markets, expressed his enthusiasm for the industry and shared his excitement for the future plans of the world’s
Cryptocurrency analyst PlanB, renowned for his bullish stance on Bitcoin and the stock-to-flow model, has recently reaffirmed his optimistic long-term view on the leading cryptocurrency. PlanB believes that we might be witnessing the final days of Bitcoin trading below the $40,000 mark. In a recent analysis, PlanB emphasized the strong price surge that Bitcoin is
European Central Bank (ECB) President Christine Lagarde recently shared a personal story about her son’s experience with cryptocurrency investments. According to Reuters, Lagarde revealed that her son lost a significant portion of his investments despite her warnings. In her own words, Lagarde stated, “He ignored me royally, which is his privilege… And he lost almost
The Blast network, a Web3 protocol, has seen a significant surge in value since its launch, accumulating over $400 million in total value locked (TVL) in just four days. This remarkable growth has caught the attention of the blockchain community, but it also raises questions about the network’s security. Jarrod Watts, a Polygon Labs developer
The U.K. government, in collaboration with The Investment Association, the Financial Conduct Authority (FCA), and HM Treasury, has officially approved a project for authorized funds to develop tokenization in the investment sector. This initiative aims to enhance efficiency, transparency, and competitiveness in the industry, opening up new possibilities for fund management. The implementation of distributed
The cryptocurrency market has been experiencing some exciting movements recently, and the crypto analyst behind the popular YouTube channel, Crypto Capital Venture, believes that Bitcoin and Cardano could be on the verge of significant breakouts. In his latest video, published on November 24th, the analyst pointed out the building momentum in both Bitcoin and Cardano,
Ethereum has had a positive week, with a notable price increase of 4.7%. This surge brings Ethereum closer to the key resistance level at $2,100, which is being tested for the second time this month. A breakout above this level could potentially pave the way for ETH to rally and reach new all-time highs. Looking
Shiba Inu (SHIB) burn tracker, Shibburn, has recently brought forward some serious allegations against the creator of the popular meme coin. The project claims that the creator, known by the pseudonym “Ryoshi,” has not been acting in the best interest of the SHIB ecosystem. These allegations have sent shockwaves through the SHIB community and raised
The price of NEO’s native settlement token, GAS, has experienced a significant surge, with an 11.5% increase despite a notable retracement. This surge in GAS price can be attributed to the growing interest in staking NEO and the announcement that GAS will be utilized for settlement on NEO’s sidechains. However, with the price experiencing a