In recent times, Celestia, a rapidly growing modular blockchain layer-1, has experienced a major rally following the TIA airdrop. Unlike other airdrops such as Arbitrum, TIA has managed to sustain an upside move with limited sell pressure suppressing the excitement of participants. However, despite this impressive performance, there are concerns about the future of Celestia’s
In a historic election, Argentina has embraced a new era by electing its first-ever pro-Bitcoin President. The results of the presidential election on November 19 unveiled the victory of Javier Milei, a right-wing libertarian and a vocal advocate for Bitcoin. With almost 56% of the votes counted, Milei’s triumph marks a significant shift in Argentina’s
In a devastating blow to quantitative trading firm Kronos Research, a hacker managed to exploit the company’s API keys, resulting in a loss of $25 million. The breach occurred on November 19 when an unauthorized entity gained access to the compromised keys. As a precautionary measure, Kronos Research immediately halted its trading services. However, at
The company responsible for Atomic Wallet, a popular cryptocurrency wallet, is under fire as it requests the dismissal of a class action suit seeking damages from a $100-million hack. The Estonian-based firm argues that the claims should have been filed in Estonia, its home country, and not in the United States. This move, along with
Kronos Research, a prominent market maker, trading firm, and venture capital fund based in Taipei, has recently fallen victim to a breach of its security system. On November 19, the company publicly disclosed the incident, announcing unauthorized access to its API keys through a post on X (formerly Twitter). As a result, Kronos Research suffered
The NFT space has experienced tremendous growth and excitement in recent years. However, this rapid expansion has brought forth several significant challenges. Scalability, security, and the lack of user-friendly NFT marketplaces have emerged as the key obstacles hindering the widespread adoption of this transformative technology. One of the primary issues plaguing NFT platforms is scalability.
The year 2023 has witnessed a significant increase in the focus on digital asset regulation. Governments and regulatory bodies across the globe have proposed various legal frameworks to enhance the safety and integrity of the crypto industry. One notable example is the EU’s adoption of MiCA. However, despite the recognition of the importance of regulations
In the week leading up to November 18th, XRP token prices experienced a decline after a surge in mid-October. Initially, the price rose from $0.49 to $0.72, but by Sunday morning in Tokyo, it fell to $0.61. This volatility in XRP prices has caught the attention of investors and cryptocurrency enthusiasts across the globe. John
It has been a year since the FTX exchange collapsed, causing significant turmoil in the cryptocurrency market. While the FTX collapse wiped out nearly $300 billion in market cap and impacted several cryptocurrencies, it seems that Bitcoin (BTC) has emerged as the top gainer, with a remarkable 120% increase in value. In this article, we
Cryptocurrencies have been increasingly used as a means of conducting illicit activities, including the sale and purchase of illegal drugs. One such example is the sale of fentanyl, a potent synthetic opioid responsible for a growing number of overdoses worldwide. However, recent research conducted by TRM Labs suggests that the growth rate of crypto-denominated fentanyl
