As Ethereum, the second-largest cryptocurrency by market capitalization, continues to trade in a consolidation phase, uncertainty looms over traders and investors alike. The price stability observed in Ethereum’s recent trading range has fueled speculation on its next move. With key support and resistance levels in focus, market participants are keeping a close eye on technical
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Binance, the leading cryptocurrency exchange globally, is presently facing a barrage of regulatory challenges across various jurisdictions, including India, Canada, and the United States. The most recent setback for Binance came on June 19 when India’s Financial Intelligence Unit (FIU) levied a hefty fine of 188.2 million Indian Rupees (around $2.2 million) against the exchange
In the past 24 hours, major cryptocurrencies such as Bitcoin, Ethereum, and Ripple have shown minor gains, indicating a recovery from the losses experienced in the previous days. This positive trend has brought some relief to investors who were worried about the bearish market conditions. Additionally, AI-related coins like Fetch.ai have seen significant pumps, showcasing
NVIDIA, once seen as a leading force on Wall Street, has now claimed the title of the largest market capitalization in the world, surpassing even tech giant Microsoft. In a surprising turn of events, the company witnessed a significant increase of approximately 3.5% in its stock price over the last 24 hours. This impressive growth
Recently, it was revealed that an undisclosed white-hat hacker group managed to steal approximately $3 million worth of digital assets from leading cryptocurrency exchange Kraken. The hackers exploited a bug in the platform’s system, allowing them to inflate their balances artificially and withdraw funds without completing deposits. One security researcher alerted Kraken about an “extremely
AppNest, the newly launched decentralized app store by APhone, is set to disrupt the traditional mobile app market currently dominated by tech giants like Apple and Google. This platform aims to revolutionize how applications are accessed and managed by users worldwide. The key highlight of AppNest is its developer-friendly approach, eliminating the hefty fees of
Montenegrin Prime Minister Milojko Spajic’s involvement as one of the early investors in Terraform Labs has recently come to light. Court documents released by the U.S. Securities and Exchange Commission (SEC) reveal that Spajic made an initial investment of $75,000 in April 2018, acquiring 750,000 Luna tokens. At their peak, these tokens were valued at
The blockchain gaming industry is on the brink of a major transformation as Ronin, the Ethereum sidechain network powering Axie Infinity, prepares to adopt zero-knowledge Ethereum Virtual Machines (zkEVM) through the use of the Polygon Chain Development Kit (CDK). This integration is poised to revolutionize the scalability and efficiency of the Ronin network, providing game
One of the key aspects of traveling with cryptocurrency is safeguarding your digital wallet. This involves implementing time-tested strategies to ensure the security of your funds. It is crucial to be proactive in protecting your digital assets while on the move. When accessing your crypto accounts while traveling, it is essential to prioritize secure internet
A recent development in the legal saga involving Binance executives in Nigeria has seen a federal high court dismissing a human rights lawsuit filed by Nadeem Anjarwalla, one of the executives, against the National Security Adviser and the Economic and Financial Crimes Commission. The case was dismissed by Justice Inyang Ekwo on June 19, citing