NVIDIA, a company known for its innovative technology and strong presence on Wall Street, has recently achieved a major milestone. With a substantial increase in its stock price, NVIDIA now holds the title of the largest market capitalization in the world, beating out tech giant Microsoft. This achievement comes after a consistent rise in the
Crypto
Cryptocurrency exchange Kraken recently faced a significant security breach when an undisclosed white-hat hacker group stole digital assets worth approximately $3 million from the platform’s treasury. The hackers exploited a bug in the system that allowed them to inflate their account balances artificially. Despite the bug not posing a risk to customer funds, it enabled
The recent revelation about Montenegrin Prime Minister Milojko Spajić’s involvement as an early investor in Terraform Labs has raised many eyebrows. Court documents released by the U.S. Securities and Exchange Commission (SEC) showed that Spajić invested $75,000 in April 2018, acquiring 750,000 Luna tokens. Unfortunately, the cryptocurrency project failed in 2022, leading to losses exceeding
In the past 24 hours, XRP experienced a slight decline from its recent high above $0.50, after making a comeback in the market. Despite this minor setback, XRP managed to erase its weekly losses, making it the only top cryptocurrency in the green for the week. At the same time, there has been a noticeable
Infamous ex-convict Martin Shkreli has recently found himself in hot waters yet again, this time in the world of cryptocurrency. Shkreli, who previously served time in prison for financial-related frauds, has now come forth with a shocking confession regarding his involvement in the creation of the new Donald Trump-themed token DJT. This revelation has stirred
David Hirsh, the Chief of the Crypto Asset and Cyber Unit at the SEC, recently announced his resignation from the agency after nine years of service. His decision to leave the SEC may have been influenced by personal reasons, as he mentioned that he plans to dedicate more time to his family and travel before
Ripple’s XRP has shown resilience in the face of negative market conditions, with its price rising by 1% in the past 24 hours and by 3% over the week. This performance has outshined other major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), which have all experienced dips in the same time frame.
Bitcoin experienced extreme volatility on Monday, with a significant drop to a new monthly low of $64,000. The altcoins did not fare any better, as many witnessed substantial declines, leading to over 190,000 traders facing losses. The weekend had been relatively stable for the primary digital asset, hovering around $66,000. However, Monday started off on
Shibarium, the layer-2 scaling solution for Shiba Inu, has seen a massive surge in interest recently. The number of new accounts on the network skyrocketed by over 860%, indicating a growing community and heightened activity within the protocol. This surge in new accounts could signify a positive trend for Shibarium and potentially contribute to a
Liquid staking and the concept of liquid restaking have gained significant traction in the cryptocurrency space over the past year. Lista DAO is at the forefront of this movement, showcasing an open-source liquidity protocol designed to earn yield on collateralized cryptocurrencies such as BNB, ETH, stablecoins, and other digital assets. The protocol also enables users
