As inflation continues to plague Argentina, more and more citizens are turning to Bitcoin as a safe haven for their assets. Recent data has shown a significant increase in Bitcoin purchases in the country, with the number of weekly transactions reaching a high of 34,700 in the first week of March. This surge in interest
Crypto
The rise of meme coins in the cryptocurrency market has been nothing short of meteoric in recent weeks. These assets, known for their volatile nature, have seen triple-digit price increases, attracting a wave of eager investors looking to capitalize on the trend. The popularity of meme coins on social media platforms like X (formerly known
The decentralized finance ecosystem within the XRP community has recently seen significant progress with the implementation of automated market maker (AMM) functionality on the XRP Ledger (XRPL). This advancement has opened up new opportunities for users to participate in liquidity pools and engage in token swapping activities. According to XRPScan, the introduction of AMM features
Super Sushi Samurai, a blockchain game set to launch on the layer-2 solution Blast, faced a major setback just hours before its release. The exploit, carried out by a white hat hacker, led to a loss of $4.6 million due to a bug in the smart contract code. The vulnerability allowed an unauthorized party to
After a long back-and-forth, the Terraform Labs co-founder, Do Kwon, may finally be handed over to South Korean authorities. The Appellate Court of Montenegro has confirmed the decision to extradite him back to his native country. This decision comes after Terraform Labs’ Chief Executive Officer, who was arrested alongside Kwon in Montenegro, was earlier supposed
Following a period of continuous local lows, Bitcoin experienced a significant reversal in its price trajectory after the latest FOMC meeting. The cryptocurrency surged by over seven thousand dollars at one point, bringing relief to investors who were concerned about the recent downward spiral. While Bitcoin made a notable recovery, several altcoins actually outperformed the
Recently, the official Twitter account of hardware wallet manufacturer Trezor was compromised, leading to a series of fraudulent messages being posted. The breach was likely orchestrated through a SIM swap attack, as suggested by ZachXBT, an anonymous on-chain sleuth who first raised the alarm. This incident highlights the vulnerability of even well-known companies to sophisticated
Recently, XRP experienced a notable spike in its price, reaching an all-time high of $74 on the cryptocurrency platform Atlantis Exchange. However, this price surge was short-lived and was actually a result of a glitch on the platform. This isn’t the first time such a glitch has occurred, as a similar incident happened last year
The legal battle between Ripple and the SEC, which began in December 2020, is quickly approaching its climax with the trial scheduled for April 23. The dispute arose when the SEC accused Ripple of conducting an unregistered securities offering through the sale of XRP, raising over $1.3 billion in the process. Ripple has consistently maintained
Recently, a Federal High Court in Nigeria made a significant ruling that could potentially have far-reaching consequences for Binance, the world’s largest cryptocurrency exchange. The court ordered Binance to release comprehensive data of all local users trading on its platform to the Economic and Financial Crimes Commission (EFCC). This move comes as part of a