The dApp industry has experienced astonishing growth, as highlighted in DappRadar’s recently published 2023 Industry Report. This comprehensive report offers valuable insights into the thriving landscape of NFTs, DeFi, and blockchain gaming. With a 124% year-over-year increase in Unique Active Wallets (UAW), it is evident that the dApp sector is evolving rapidly. One of the
Crypto
The recent report from the Commodity Futures Trading Commission (CFTC) sheds light on a critical issue within decentralized finance (DeFi) systems. The report highlights the absence of clear lines of responsibility and accountability deliberately overlooked by certain industry structures. While acknowledging the immense potential of the DeFi sector, the CFTC emphasizes the substantial risks it
In this digital age, where data is king and cyber threats loom around every corner, it is important to stay vigilant. The recent hack of major crypto data aggregator Coingecko serves as a sobering reminder of the ever-present danger lurking in the online world. This article delves into the details of the Coingecko hack, highlighting
Bitcoin, the largest digital asset, experienced a momentous day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This long-awaited green light signaled a significant milestone for the cryptocurrency industry. However, the approval did not come without its fair share of hiccups, leading
Celsius, the once-prominent cryptocurrency platform that underwent bankruptcy and recently shifted its focus to Bitcoin mining, has faced criticism for its latest controversial move. The platform has targeted former clients who withdrew their funds before the company had the chance to freeze them. This action has drawn outrage from users as Celsius attempts to label
The highly anticipated approval of a spot Bitcoin Exchange-Traded Fund (ETF) has been a subject of discussion among the crypto community. However, a recent revelation by Fox Reporter Eleanor Terrett sheds light on a procedural aspect of the U.S. Securities and Exchange Commission (SEC) that could have a significant impact on the approval process. This
A recent report by Kaiko has shed light on the significant decline in liquidity for privacy tokens. According to the findings, the liquidity for these tokens has plummeted to an all-time low of just $5 million. This alarming drop can be attributed to the delisting of several trading pairs by OKX, a renowned cryptocurrency exchange.
Bitcoin’s recent price dip has triggered the third-highest volume of long liquidations since the bear market reached its lowest point in November 2022. However, a closer analysis by IntoTheBlock reveals an interesting trend in the market. Large Bitcoin holders, who own more than 1% of the total supply, have actively accumulated a substantial amount of
The rise of Bitcoin has been met with a surge in popularity and a growing acceptance of cryptocurrencies as a means of acquiring digital assets. However, despite the continued growth of Bitcoin itself, the number of kiosks providing the option to acquire cryptocurrencies using cash or debit cards has been on a decline. Coin ATM
In the world of decentralized finance (DeFi), security breaches have become an unfortunate reality. Recently, Gamma Strategies, a DeFi protocol built on the Ethereum blockchain, experienced a devastating exploit, resulting in a loss of approximately $3.4 million. The exploit was initially identified by blockchain investigator PeckShield on January 4 and was later confirmed by Gamma
