Bitcoin’s price surge towards $60,000 recently hit a roadblock as the asset retraced slightly, settling just above $58,000. This halt in momentum comes after a period of intense volatility in the cryptocurrency market. Among the larger-cap altcoins, Stacks has emerged as the top performer, experiencing a significant 14% increase in value. Following closely behind is
The recent Copa America semi-final between Canada and Argentina led to yet another significant betting loss for the Canadian musician and actor, Drake. After wagering $300,000 worth of Bitcoin on Canada to beat Argentina, the odds were not in his favor, and he ended up losing the bet when Argentina emerged victorious with a 2-0
The recent Senate Agriculture Committee hearing shed light on the Commodity Futures Trading Commission’s (CFTC) willingness to step up as a primary regulator for cryptocurrencies. This shift in focus could mark a significant paradigm shift in the oversight of digital assets. In response to Senator Roger Marshall’s inquiry about the CFTC taking the lead in
Binance, the world’s largest cryptocurrency exchange, recently announced a scheduled wallet maintenance that will result in the suspension of deposits and withdrawals for approximately one hour on July 17. Although trading services will remain unaffected during this period, the temporary halt in transactions may raise concerns among users who rely on quick access to their
Recently, an Ethereum whale made a significant transaction that has caused panic among community members. The whale transferred a large amount of ETH ($34.3 million) to the Coinbase exchange, leading to speculations that they might be looking to offload their holdings. This has raised concerns as such a move could potentially impact the price of
Blockchain technology has been rapidly evolving, with new applications and features being introduced to improve security and usability in real-world scenarios. ShardLab, the blockchain arm of Hashed, recently launched a web application that aims to simplify decentralized identity and NFT voucher distribution. By leveraging technologies like account abstraction and zero-knowledge proofs, the app enhances security
Recently, wallets linked to the CoinStats exploiter have made a significant move by transferring nearly $1 million in Ether into the controversial crypto mixing protocol Tornado Cash. This development has raised eyebrows in the crypto community as investigations are currently underway. CertiK, a blockchain security firm, identified two wallets associated with the June CoinStats exploit
Cryptocurrency analyst ‘DonAlt’ has made a bold prediction regarding Bitcoin, suggesting that the leading cryptocurrency could potentially surge to $100,000 in the near future. This optimism is fueled by the increasing inflows into Spot Bitcoin ETFs and the overall positive sentiment surrounding Bitcoin. Many experts, including DonAlt, have projected significant price increases for Bitcoin, with
In an effort to enhance security within the crypto sector, Kraken recently co-founded the Blockchain Security Standards Council (BSSC) alongside several other major industry players. The nonprofit organization, which includes companies like Anchorage Digital, Coinbase, and Fireblocks, aims to create uniform security standards across the crypto industry to address pressing security threats such as fraud,
Ethereum 2.0 staking has witnessed a remarkable surge, with a significant milestone being achieved recently. The deposit contract for staking Ethereum on the Beacon Chain has reached an all-time high of 47.36 million ETH this week, accounting for 33.9% of the entire Ethereum supply. This marks a substantial increase from two years ago when it