Recently, an Ethereum whale made a significant transaction that has caused panic among community members. The whale transferred a large amount of ETH ($34.3 million) to the Coinbase exchange, leading to speculations that they might be looking to offload their holdings. This has raised concerns as such a move could potentially impact the price of
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Blockchain technology has been rapidly evolving, with new applications and features being introduced to improve security and usability in real-world scenarios. ShardLab, the blockchain arm of Hashed, recently launched a web application that aims to simplify decentralized identity and NFT voucher distribution. By leveraging technologies like account abstraction and zero-knowledge proofs, the app enhances security
Recently, wallets linked to the CoinStats exploiter have made a significant move by transferring nearly $1 million in Ether into the controversial crypto mixing protocol Tornado Cash. This development has raised eyebrows in the crypto community as investigations are currently underway. CertiK, a blockchain security firm, identified two wallets associated with the June CoinStats exploit
Cryptocurrency analyst ‘DonAlt’ has made a bold prediction regarding Bitcoin, suggesting that the leading cryptocurrency could potentially surge to $100,000 in the near future. This optimism is fueled by the increasing inflows into Spot Bitcoin ETFs and the overall positive sentiment surrounding Bitcoin. Many experts, including DonAlt, have projected significant price increases for Bitcoin, with
In an effort to enhance security within the crypto sector, Kraken recently co-founded the Blockchain Security Standards Council (BSSC) alongside several other major industry players. The nonprofit organization, which includes companies like Anchorage Digital, Coinbase, and Fireblocks, aims to create uniform security standards across the crypto industry to address pressing security threats such as fraud,
Ethereum 2.0 staking has witnessed a remarkable surge, with a significant milestone being achieved recently. The deposit contract for staking Ethereum on the Beacon Chain has reached an all-time high of 47.36 million ETH this week, accounting for 33.9% of the entire Ethereum supply. This marks a substantial increase from two years ago when it
Over the past 30 days, Bitcoin has faced a significant price dip of around 15%. This decrease was particularly noticeable at the end of last week when the price dropped below $54,000 for the first time since February. However, in the following days, the cryptocurrency managed to recover some of its losses and is currently
Ethereum (ETH) has recently emerged as the top trending token in the cryptocurrency sector. This surge in popularity is largely attributed to the updated S-1 forms filed for spot ETH ETFs by major financial firms like BlackRock, Fidelity, VanEck, and others. The market intelligence platform Santiment has highlighted ETH as a standout performer, suggesting that
The recent drop in Bitcoin price below $60,000 has caused major holders such as the German and US governments to rapidly sell their holdings, resulting in one of the largest drops seen for the pioneer cryptocurrency in the last two years. This market movement has cost the industry billions of dollars. Despite this, the majority
The recent news surrounding Artur Schaback, the co-founder and former CTO of Paxful, is alarming. Schaback pleaded guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program as required by the Bank Secrecy Act. This failure is not only a breach of trust but also a violation of regulations