In a shocking turn of events, None Trading, a popular trading tool for cryptocurrencies and nonfungible tokens (NFTs), has announced its shutdown. The reason cited for this sudden closure is a “critical exploit” within the infrastructure of the platform. This exploit not only led to the loss of a substantial amount of funding but also
Leading Chinese layer-1 solution Neo Network (NEO) has recently experienced a significant pump, with price action battling upper trendline resistance. This +7% increase in price has sparked the question: is it too late to buy Neo? In order to answer this question, it’s important to consider the wider efforts to grow the ecosystem. Neo Co-Founder
Digital currency investment firm Grayscale has joined the ranks of companies seeking to launch an Ethereum futures exchange-traded fund (ETF) by filing a proposal with the Securities and Exchange Commission (SEC). This move comes shortly after Valkyrie, another asset management firm, filed a similar proposal for an Ether futures ETF. Grayscale’s filing outlines the details
Ripple (XRP) CEO Brad Garlinghouse recently made a significant move by meeting with members of the U.S. Congress to discuss the issue of regulatory clarity in the cryptocurrency industry. In a social media post, Garlinghouse expressed the importance of engaging with elected officials who are proposing bills in order to achieve regulatory clarity. This proactive
In a recent statement, Binance CEO Changpeng ‘CZ’ Zhao has vehemently refuted claims that he took a $250 million loan from BAM Management. The reports, which stem from a court filing by the Securities and Exchange Commission (SEC), have been dubbed as “wrong information” by CZ. The controversy was sparked by an article published by
The XRP community has once again found itself embroiled in a heated debate surrounding Ripple Labs. Recent data analysis has unveiled a series of massive XRP transactions, totaling 506 million tokens and valued at approximately $260 million. What makes these transactions particularly intriguing is not just their astronomical volume, but also their repetitive nature and
Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization and popularity, has recently achieved significant milestones despite its current price being far from its peak levels registered in November 2021. According to a report by CryptoPotato, the BTC percent supply last active 3+ years ago has exceeded 40%, reaching a new all-time high. This
The rise of the digital age has revolutionized the way businesses connect with consumers. Walmart, a retail giant synonymous with physical stores, recognizes the importance of embracing new avenues to engage with customers. As the lines between physical and virtual spaces become increasingly blurred, the metaverse, with its interactive 3D environments, offers immense potential for
As digital currencies continue to gain popularity, investors are constantly on the lookout for the next big opportunity. In recent months, the world of crypto has witnessed a surge in meme coins inspired by political figures and movements. One such coin, TRUMP2024, has experienced a jaw-dropping rise of +10,000%, while its counterpart, $MAGA, has exploded
In a shocking revelation, Hong Kong-based cryptocurrency exchange CoinEx announced that hackers managed to steal over $70 million worth of tokens due to compromised private keys. This devastating security breach has left the platform scrambling to regain control and seek ways to recover the lost funds. CoinEx representatives have provided further insight into their ongoing
