After a recent sophisticated cyber attack on WazirX’s multi-signature Ethereum wallet, the exchange conducted a preliminary investigation. According to a blog post on July 25, WazirX revealed that there was no evidence to suggest that the machines of WazirX signers had been compromised during the attack. This attack, which occurred earlier in the month, has
admin
In the rapidly evolving world of cryptocurrency and blockchain technology, Dalmas Ngetich stands out as a seasoned reporter with a distinct viewpoint. His expertise in NFTs, blockchain, DeFi, and crypto news has been honed through years of experience in journalism, coupled with a background in mechanical engineering. With over a decade of work in the
Ethereum whales have been making strategic moves in the market recently, as evidenced by on-chain data showing a significant accumulation of the second-largest crypto token by market cap. Despite a decline in ETH’s price, these investors have been actively purchasing the digital asset. Data from the market intelligence platform IntoTheBlock reveals that Ethereum whales bought
Ordlify, a no-code platform for developing Bitcoin Ordinals collections, has recently entered into a partnership with Magic Eden, a leading cross-chain NFT marketplace. The collaboration aims to enhance the experience for creators and collectors within the Bitcoin Ordinals ecosystem. By leveraging the Ordlify Creator Studio, creators can design, manage, and inscribe Ordinals collections with direct
In an astounding turn of events, a Bitcoin mining device boasting a mere 500 gigahashes per second (Gh/s) managed to successfully mine a block on July 24th. This achievement is nothing short of remarkable considering the slim odds of 1 in 1.1 billion of accomplishing this feat approximately every ten minutes. The device in question,
Two prominent crypto companies, Coinbase and Revolut, faced contrasting fates with UK authorities recently. While the UK’s Financial Conduct Authority (FCA) slapped Coinbase’s subsidiary, CB Payments Limited (CBPL), with a hefty £3.5 million fine for Anti-Money Laundering breaches, Revolut celebrated receiving a restricted banking license from the UK’s Prudential Regulation Authority (PRA). The FCA’s fine
OKX Racer, a Telegram mini app, available through OKX exchange, provides users with the opportunity to predict Bitcoin’s price within a short window of a few seconds. The appeal of OKX Racer lies in its free-to-play model and the potential to earn points and rewards with accurate predictions. Registering on the OKX exchange is the
The second day of trading for the spot Ethereum ETFs took a significantly different turn compared to the first day. Over $133 million were withdrawn from these financial vehicles, leading to a massive price drop of 10% for the underlying asset. This reaction in the market confirmed the initial speculation that the approvals of the
The ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has captured the attention of many in the cryptocurrency world. Despite being in its final trial phase as of April 2024, experts have varied predictions on when a resolution could be reached. Ripple’s CEO has hinted at a potential agreement
The founders of Andreessen Horowitz (a16z), Ben Horowitz and Marc Andreessen, recently expressed their concerns about the regulatory challenges that the crypto industry is facing under the Biden-Harris Administration. They openly criticized the administration’s handling of the industry, pointing out a series of regulatory hurdles that they believe are hindering innovation and growth in the