Pi Network, hailed for its ambitious vision of democratizing cryptocurrency mining through smartphones, marked a significant milestone on September 4, celebrating 2,000 days since its launch on March 14, 2019. Despite the project gathering momentum with over 14 million users having completed their KYC verification, the elusive mainnet and native token remain unavailable to the
Crypto
In a significant legal statement, a Russian court has imposed life imprisonment on Stanislav Moiseev, the alleged ringleader of the infamous dark web drug marketplace known as Hydra. Alongside this severe penalty, he and his associates face steep fines that total over four million rubles, approximately equivalent to $37,500. This decision is part of a
RTFKT, a pioneer in the transformation of the sneaker and digital fashion industries, emerged in 2020 as a creative force in the realm of non-fungible tokens (NFTs). Celebrated for its innovative designs and integration of gaming culture, the company quickly attracted attention. By securing significant funding, including investments from notable venture capital firms like Andreessen
In an era marked by the burgeoning popularity of cryptocurrencies, the trust users place in platforms like Coinbase has come under scrutiny. Recently, Ethereum developer Eric Connor shared his experience of having his account locked after attempting to transfer a significant amount of USDC. This incident reveals not only the inherent vulnerabilities of centralized exchanges
In the past week, the cryptocurrency market, particularly Bitcoin, witnessed significant capital outflows amounting to $457 million. This withdrawal marks a pivotal moment as it represents the first substantial exits since early September. CoinShares attributed this phenomenon to profit-taking activities, particularly following Bitcoin’s recent ascent to the psychologically significant $100,000 mark. Such sell-offs are not
The narrative surrounding Bitcoin ownership often paints a picture where HODLers—those who “hold on for dear life”—are viewed as steadfast pillars resistant to selling their assets. However, on-chain analyst James Check has shed light on a vital misconception: while these long-term holders might seem immovable, they do indeed relinquish their holdings, and their market behavior
Bitcoin (BTC) is currently oscillating between the $94,000 and $96,000 range, stirring discussions among traders and investors alike regarding a potential breakout. This cryptocurrency has demonstrated resilience during volatile market conditions, but on-chain data is suggesting a pivotal shift is on the horizon. According to insights from CryptoQuant, a prominent blockchain analytics platform, signs point
The cryptocurrency landscape is ever-evolving, and the recent surge of meme tokens on the XRP Ledger (XRPL) is a testament to this flux. Tokens such as ARMY, 589, XPILL, PHNIX, and RIPPIE have gained considerable traction, drawing enthusiastic interest and engagement from investors and crypto communities alike. The wave of activity surrounding these tokens mirrors
Pump.fun, a notable player in the Solana ecosystem, has recently seen its reputation and operational stability take a severe hit due to troubling incidents involving its livestream feature. This platform, initially heralded for enabling the launch of meme coins, became a victim of its own success when some users exploited its functionalities in disturbing ways.
On December 1, 2023, at 4 AM UTC, the decentralized exchange (DEX) Clipper was struck by a security breach that targeted its liquidity pools on both Optimism and Base blockchains. This incident marks a significant event in the constantly evolving landscape of decentralized finance (DeFi), raising concerns over security protocols and the ever-present risks associated