Ripple’s native token, XRP, has gained significant attention from industry participants due to recent developments surrounding its parent company and its lawsuit against the US SEC. The performance of XRP’s on-chain metrics and the overall market sentiment are now being closely monitored to gauge the potential for a price rally. According to data from xrpscan,
Crypto
In the ever-evolving world of cryptocurrency, Bitcoin has once again made headlines with a remarkable surge. Over the past 24 hours, Bitcoin has gained an impressive 7.2%, reaching an intraday high of $45,498 during the Asian trading session on Tuesday morning. This significant increase not only marks the beginning of the first working week of
After a challenging 2022, cryptocurrency hedge funds have made a remarkable recovery in 2024. With an average return of 44% through December 20, these funds have outperformed all other monitored strategies. This resurgence marks a positive trend for an industry that experienced significant setbacks, including the collapse of FTX and the closure of one-third of
India’s crypto policy has been subject to controversy and a lack of clarity in several aspects. But despite these challenges, the country has managed to emerge as the top market for cryptocurrency adoption. A recent report by crypto exchange CoinDCX reveals that 28 Indian entities have become “FIU-Registered Reporting Entity.” This signifies the growing interest
In the year 2023, the world of cryptocurrency investments experienced a notable transformation. Venture capital funding in the crypto space encountered a significant decline of 68%, dropping from the impressive $33.3 billion invested in 2022 to $10.7 billion. This decrease marked a significant setback for the industry, but it is important to note that 2023
The crypto-hacking group known as Pink Drainer has recently been implicated in a highly sophisticated phishing scam, resulting in the loss of $4.4 million worth of Chainlink (LINK) tokens. This cyber heist targeted a single victim who unknowingly fell victim to a deceptive tactic involving the signing of a transaction linked to the “Increase Approval”
In a devastating blow to its customers, Catalyx, a Canadian-based crypto trading platform, recently experienced a significant security breach that led to the loss of customer funds under its custody. The specific magnitude of the loss remains undisclosed, but the platform has implemented immediate measures such as suspending crypto and fiat withdrawals while investigations are
Worldcoin, the identity verification project co-created by OpenAI CEO Sam Altman, has recently launched its services in Singapore, following a temporary halt in operations in India. This expansion comes after the release of World ID 2.0 and the open-sourcing of the Worldcoin iris recognition pipeline. As part of its growth strategy, Worldcoin has also partnered
Former U.S. President Donald Trump has been making waves in the cryptocurrency world as a wallet linked to him has reportedly moved over $2.4 million worth of ether (ETH) to the popular crypto exchange Coinbase. This news comes from on-chain firm Arkham Intelligence, which first identified digital assets believed to belong to Trump back in
The digital asset management firm ARK Invest, led by Cathie Wood, recently made a bold move by liquidating its entire holdings in the Grayscale Bitcoin Trust (GBTC), amounting to $200 million. This decision comes as the Securities and Exchange Commission (SEC) is expected to announce its verdict on spot Bitcoin ETFs in the United States