While Ethereum (ETH) struggles to maintain its position above $1,600, investors in the cryptocurrency market are now turning their attention to its competitors. One cryptocurrency that has caught the eye of many is Solana (SOL). Despite facing a tough week in the crypto market and a significant loss of 28% in the last four weeks,
James Howells, a resident of Newport, has found himself in a battle against the city’s local council in a quest to retrieve his lost treasure. Howells accidentally disposed of a hard drive containing a staggering 8,000 Bitcoin (BTC), and for the past decade, he has been tirelessly attempting to gain access to a landfill site
In a recent report, it has been revealed that Luna, a subsidiary of Digital Currency Group (DCG), is planning to pause certain services in the United Kingdom. This decision comes ahead of new regulations set by the U.K.’s Financial Conduct Authority (FCA) and will have a significant impact on the crypto trading features offered by
Arbitrum, a layer-2 scalability solution within the Ethereum network, has been gaining traction and attracting attention with its impressive total value locked (TVL) and active ecosystem. However, in a surprising turn of events, the price of Arbitrum (ARB) tokens experienced a sharp decline of 14.5% between September 9 and September 11, reaching its lowest point
In an interview with CNBC on Monday, David Marcus, former President of Paypal and Head of Facebook Payments, expressed his belief that Bitcoin (BTC) is the universal protocol for money on the internet. He emphasized Bitcoin’s significance as the flagship cryptocurrency and its core value as a payment solution while discussing its potential as a
The anticipation is growing within the Enjin community as the debut of the Enjin Blockchain approaches on September 13th. This highly-anticipated development aims to revolutionize the NFT gaming ecosystem by democratizing access to NFTs. With the goal of enhancing the user experience in the NFT marketplace, the Enjin Blockchain will unite the Enjin and Efinity
Lido Finance, the Ethereum staking protocol, has responded to allegations that hackers exploited a security flaw in the token contract of Lido DAO (LDO). Despite the existence of the flaw, Lido Finance assures users that both the LDO and staked-Ether (stETH) tokens remain secure and unaffected. While Lido Finance did not confirm any specific exploits,
Grayscale’s recent victory over the SEC has been hailed as a major setback for the financial regulator. However, despite this win, the crypto industry has not witnessed a significant increase in the accumulation of digital assets in the spot market. In fact, data from CCData’s latest report reveals a continued decline in trading volume for
Coinbase, one of the leading cryptocurrency exchanges, has recently announced an increase in the interest rate for holding the USDC stablecoin. Users can now earn up to a 5% reward rate on USDC holdings, a significant improvement from the previous 4% rate introduced earlier this year. This update demonstrates Coinbase’s commitment to promoting stablecoin adoption
The price of Pepecoin (PEPE) has experienced a significant downfall, plunging nearly 85% from its previous record high of $0.00000448 in May 2023. Unfortunately for investors, this bearish momentum is likely to persist throughout the month of September. The cryptocurrency has recently encountered two troubling security breaches, leading to a diminished level of confidence among
