In a recent report by blockchain security firm Cyvers Alert, it was revealed that the Indian exchange WazirX fell victim to an exploitation resulting in the loss of approximately $235 million. According to Cyvers, multiple suspicious transactions were detected involving WazirX’s Safe Multisig wallet on the ETH network, with a total of $234.9 million being
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As Joe Burnett, Senior Product Marketing Manager at Unchained Capital, pointed out in a recent YouTube video, the current market may be significantly underestimating Bitcoin’s potential this cycle. Unlike traditional market analyses that tend to compare Bitcoin’s performance in the current cycle to historical data, Burnett argues that it is crucial to consider Bitcoin within
The price of Shiba Inu (SHIB) has been quite volatile recently, surging substantially before dropping 4.5% in the past 24 hours. This sudden decrease comes after a period of significant growth where SHIB’s price jumped by almost 20%. Currently, SHIB is valued at approximately $0.00001868, reflecting the recent decline. Along with the decrease in SHIB’s
The gaming industry has witnessed a groundbreaking announcement with the launch of MON Protocol’s new investment fund, MON Ventures. This initiative is set to revolutionize the way blockchain gaming studios operate and grow on a global scale. The team behind MON Ventures comprises former senior executives from reputable gaming and media companies such as Ubisoft,
In a recent development, leading crypto exchange OKX has made a bold move by announcing the discontinuation of its services in Nigeria. This decision comes in response to recent regulatory changes in the country, which have posed significant challenges for the exchange and its users. According to emails sent to OKX’s Nigerian customers, they have
The gaming industry is no longer just about classic console games. Players now have a plethora of options, including mobile applications and online platforms. The rise of social messaging apps like Telegram has further revolutionized the gaming experience by opening up new opportunities for innovative gameplay. Anomaly: Pioneers in Integration Anomaly, based in San Francisco,
As the launch date of spot Ethereum ETFs draws near, investors are eagerly anticipating the potential for these ETF inflows to drive the price of Ethereum to new record highs. Experts like Matt Hougan, Chief Investment Officer of Bitwise, are optimistic about the significant impact that these ETF flows could have on the value of
Dalmas Ngetich is a seasoned crypto reporter who brings a unique perspective to the industry. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles in the past eight years. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC reflects
Bitcoin developer Samson Mow has been vocal about his belief that Bitcoin will reach $1 million. He remains confident in this prediction, stating that BTC will hit this milestone within a year. Mow’s optimism is based on the current demand exceeding supply in the Bitcoin market, as well as the upcoming Bitcoin halving that is
The Chief Investment Officer of Bitwise Asset Management has made a bold prediction regarding Ethereum Exchange-Traded Products (ETPs) driving ETH prices to new all-time highs above $5,000 by the year’s end. The introduction of ETPs is expected to have a significant impact on Ethereum’s price, potentially surpassing the effects seen with Bitcoin. This forecast is