As we approach the close of 2024, a troubling trend has emerged in the cryptocurrency industry that warrants critical examination. Cyvers, a prominent web3 security firm, has unveiled its annual Security, Fraud, and Compliance Report, shedding light on the staggering financial toll exacted by cyber threats. The total losses for the year have surpassed a
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The world of cryptocurrency is often seen as a perplexing and elite domain, where the language of blockchains, decentralized finance (DeFi), and non-fungible tokens (NFTs) create barriers for newcomers and even seasoned enthusiasts. In this dynamic space, Semilore Faleti has emerged as a crucial figure, working tirelessly to unearth, explain, and promote the various aspects
Opeyemi, a dedicated writer, has carved out a unique niche within the rapidly evolving cryptocurrency industry. Although his entry into this digital asset realm wasn’t initially motivated by a longstanding desire, the allure of cryptocurrency and its associated technologies quickly captivated him. Now with over two years of immersion, Opeyemi thrives on illuminating the intricate
Ethereum has continuously established itself as a focal point within the cryptocurrency space, attracting both institutional and retail investors alike. However, the past few days have showcased significant market volatility, with ETH struggling to surpass the yearly highs observed in December. This development has generated uncertainty among traders, compelling them to scrutinize the token’s next
In recent weeks, the cryptocurrency landscape has been nothing short of tumultuous, and XRP, a platform designed for cross-border transactions, has borne the brunt of these fluctuations. Following a promising beginning of the week, where optimism surged due to the anticipation surrounding Ripple’s new stablecoin launch, XRP’s journey took a sharp downturn. This scenario drew
Recent insights from a comprehensive survey carried out by P2P.org shed light on pivotal challenges and emerging trends shaping the landscape of cryptocurrency adoption among institutions. The participation of over 15 significant institutional entities—including intermediaries, investment funds, and venture capital firms—provides a solid foundation for understanding their positions and strategies in the rapidly evolving crypto
As we approach the end of 2024, Bitcoin has emerged as a formidable asset, trading at approximately $98,600 as of December 21, 2024. This marks a 3.4% rise from the previous closing price, embedding Bitcoin within a larger narrative of volatility experienced within a mere week. Just days prior, the cryptocurrency struggled beneath significant psychological
Shanghai-based automotive firm Cango Inc. has made headlines with its surprising entrance into the cryptocurrency realm, specifically Bitcoin mining. This unexpected pivot highlights a growing trend among traditional businesses seeking new revenue streams in the ever-evolving digital economy. By acquiring a staggering $256 million in Bitcoin mining capacity from Bitmain Technologies, Cango has positioned itself
The world of cryptocurrencies and blockchain technology is both thrilling and perplexing, attracting a diverse range of enthusiasts and professionals. Among these voices stands Opeyemi, whose journey into cryptocurrency writing has been marked by passion, curiosity, and an insatiable desire for knowledge. His narrative not only reflects his technical abilities as a writer but also
The digital landscape is continuously evolving as blockchain technology and non-fungible tokens (NFTs) expand across various sectors, particularly gaming. However, with innovation comes scrutiny, exemplified by the recent Wells Notice received by CyberKongz, a prominent gaming-based NFT project. Announced on December 16, this notice from the U.S. Securities and Exchange Commission (SEC) raises vital questions