December often brings a sense of optimism among investors, especially those eyeing cryptocurrencies like Bitcoin. As the year draws to a close, many speculate whether now is the perfect time to dive into this volatile market. Historically, the final month of the year has set the stage for notable market movements, commonly referred to as
Crypto
The Indian government is ramping up its efforts to regulate the booming cryptocurrency sector, evidenced by a high-profile investigation into tax evasion practices among various exchanges. Recent reports have uncovered a staggering $99.1 million in tax evasion attributed to 17 cryptocurrency exchanges, with a prominent spotlight on Nest Services Ltd., a company affiliated with the
In the ever-evolving landscape of decentralized finance (DeFi), the emergence of Sandwich attacks presents significant challenges for traders and investors. Recent data indicates a staggering impact on BNB Chain, where a record 35.5% of blocks encountered these malicious attacks in November. The phenomenon exemplifies how the transparent nature of blockchain technology can be exploited, as
Bitcoin’s recent price movements have elicited strong reactions from investors and analysts alike. Just yesterday, the premier cryptocurrency traded at an eye-popping $102,000, a figure that many in the industry believed was unattainable until recently. However, this surge was short-lived; the asset faced downward pressure, resulting in a quick retracement. The continuous fluctuations in Bitcoin’s
The ongoing legal confrontation between the U.S. Securities and Exchange Commission (SEC) and Binance, a prominent cryptocurrency exchange, underscores the complexities of regulatory oversight in an evolving market. The SEC’s refusal to withdraw its lawsuit against Binance, Binance.US, and former CEO Changpeng Zhao highlights not just the agency’s determination to enforce securities laws but also
Semler Scientific, a prominent player in the healthcare technology sector, has reaffirmed its ambitious vision by significantly increasing its cryptocurrency investments. With a recent acquisition of 303 Bitcoin (BTC) for $30 million, Semler has bolstered its total holdings to 1,873 BTC. This move is not merely a fleeting interest in digital assets; rather, it suggests
On December 6, a cryptocurrency user known as “LeftsideEmiri” shared a harrowing experience on social media, revealing the devastating consequences of a phishing attack that resulted in a staggering loss of $300,000. The individual described the incident as a carefully orchestrated social engineering scheme, emphasizing that no authorized transactions were made on their part. This
In a surprising twist, the Financial Times (FT)—a publication known for its critical stance on cryptocurrency, particularly Bitcoin—has created a stir with a so-called “apology” issued after Bitcoin’s value exceeded the $100,000 mark on December 5, 2024. This statement has elicited mixed reactions from both the financial world and the cryptocurrency community. Many view it
The Pudgy Penguins NFT initiative is poised to revolutionize its ecosystem by introducing its own cryptocurrency named Pengu later this year. Announced through a post on social media platform X, this new token will be deployed on the Solana blockchain, notably diverging from the Ethereum network on which the Pudgy Penguins NFTs are currently built.
In recent weeks, Bitcoin (BTC) surpassed an impressive milestone of $100,000, igniting a fresh wave of discussions around its impact on global economies. Among the countries closely watching this surge is El Salvador, a small Central American nation that made headlines in 2021 when it became the first country to adopt Bitcoin as legal tender.
