Recently, Rabby Wallet, a popular crypto wallet known for its support for 141 chains and multiple signing modes, faced a serious issue with a fake mobile app. The company behind Rabby Wallet announced the launch of the beta version of its mobile app, only for users to discover that the iOS version available on the
Crypto
Bitcoin (BTC) recently broke through the $50,000 mark, reaching levels not seen since December 2021. The cryptocurrency has continued to climb, currently trading above $51,900. Analysts at CryptoQuant attribute this surge in price to the high demand generated by recently approved spot Bitcoin exchange-traded funds (ETFs). With an estimated 75% of new investments in Bitcoin
In anticipation of the fourth halving in just a couple of months, miners are ramping up their operations on the Bitcoin blockchain. The mining difficulty metric spiked by over 8% recently, reaching a new record high. This metric is crucial for maintaining the block production ratio and adjusts every 2,016 blocks based on the mining
In the past 24 hours, XRP’s price surged above $0.57, indicating a positive momentum for the cryptocurrency. However, the bulls were unable to maintain the pressure, resulting in a slight dip to around $0.56. Nonetheless, this upward movement represents an impressive gain of over 10% since February 9th when XRP was trading below $0.52. Speculation
Tron Founder Justin Sun has recently shared an ambitious roadmap for Tron’s Bitcoin Layer 2 initiative, showcasing the protocol’s commitment to enhancing the interoperability and utility of blockchain technologies. The roadmap not only aims to boost the scalability, speed, and security of the Bitcoin network, but also seeks to integrate tokens on the Tron network
Genesis Global, a prominent cryptocurrency company, has received approval from the bankruptcy court to sell approximately 35 million shares of Grayscale Bitcoin Trust (GBTC), with an estimated value of $1.3 billion. This decision, made by U.S. Bankruptcy Judge Sean Lane in a court hearing held in White Plains, New York, grants Genesis the authority to
The founder of Uniswap, Hayden Adams, recently alerted the crypto community to a concerning new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. These scams involve fake clones of Ethereum Name Service (ENS) domains, where scammers purchase domains closely resembling legitimate Ethereum addresses. This allows them to deceive users and
In a recent development, the court battle between Changpeng Zhao (CZ) and the United States government has experienced a delay in the verdict. This delay comes as CZ pleaded guilty to violations of anti-money laundering (AML) procedures and was allowed to remain out of custody until his sentencing by posting a bail bond of $175
The long-anticipated possibility of FTX restarting its operations after the bankruptcy process has been abruptly dismissed. According to the lawyers representing the defunct exchange, FTX will now move forward with dissolving the company once all debts have been paid off. This news may undoubtedly disappoint investors who had hoped for a revival and potential recovery
Bitcoin’s upward trajectory continues as it reached a new monthly peak of $48,600 recently. After a period of trading sideways, the bulls took charge of the market and pushed the price above $47,000 by the end of the week. Despite initial resistance at $48,000, Bitcoin surged ahead and achieved its highest price point in approximately