In the world of cryptocurrencies, there has been an ongoing debate between Bitcoin maximalists and supporters of other digital assets. Ethereum, the leading platform for smart contracts and the second-largest cryptocurrency by market value, has often found itself at the center of this debate. Recently, Steve Barbour, a prominent Bitcoin enthusiast, made headlines by referring
Bitcoin
The Fantom Foundation, a non-profit organization committed to nurturing the growth of the Fantom ecosystem, has been dealt a severe blow. Recent reports by CertiK, a renowned blockchain security firm, reveal that two Fantom Foundation wallets on both the Ethereum and Fantom Network fell victim to a phishing attack, resulting in a staggering loss of
Bitcoin price experienced a startling surge, rising towards $30,000, following the circulation of fake news about the approval of a spot ETF (Exchange-Traded Fund). Despite the subsequent correction, BTC is currently consolidating above the $28,200 level, with the potential for further upward movement toward $29,200. This article delves into the recent price actions of Bitcoin
Bitcoin, the world’s leading cryptocurrency, has experienced a remarkable surge in its price, reaching an astonishing $28,004. This surge can be attributed to several factors that have contributed to the monumental rise. In this article, we will analyze the primary reasons behind Bitcoin’s surge and delve into the implications of these factors. Late on Friday
Ethereum and Bitcoin have had an interesting relationship, with Bitcoin often outperforming Ethereum in terms of investment returns. However, recent trends suggest that Ethereum may be on the verge of entering an accumulation phase, where its market value could turn the tides. In this article, we will delve deeper into the factors that could influence
The ongoing trial against FTX co-founder Sam Bankman-Fried has taken an intriguing turn with the testimony of Zac Prince, the CEO of defunct crypto lender BlockFi. Prince’s appearance in a Manhattan federal courtroom shed light on the intricate relationship between BlockFi, FTX, and Alameda Research. his testimony provided valuable insights into BlockFi’s exposure to Alameda
A trader on Aave, a decentralized liquidity protocol operating on multiple platforms, has recently started selling wrapped Bitcoin (WBTC) to repay outstanding debt. This move comes as the trader faces the risk of collateral liquidation due to a decreasing health factor. In this article, we will delve into the details of the trader’s situation and
The recent remarks by Charles Hoskinson, the founder of Cardano, regarding the US Securities and Exchange Commission’s (SEC) treatment of Ethereum have generated significant debate within the crypto community. In an X (formerly Twitter) AMA session, Hoskinson expressed his opinion on the SEC’s alleged regulatory free pass to Ethereum, highlighting what he perceives as unequal
The Open Network (TON) Foundation, in collaboration with Alibaba Cloud, has recently announced its plans to organize a performance testing event on October 31, 2023. The primary objective of this event is to establish the TON blockchain as the world’s fastest blockchain to receive accreditation from the Guinness World Records. With a significant increase in
The Ethereum market experienced a significant downturn on Monday as the Ethereum Foundation began selling coins. This sudden plunge triggered a chain of liquidation events, causing ETH traders to endure colossal losses in just one day. By October 10th, the Ethereum liquidation figures skyrocketed to over $32 million due to the price crash. The brunt
