In March 2024, the blockchain security firm PeckShield released a report that highlighted a troubling trend in the crypto space. Despite an overall improvement in investor sentiment, the report revealed that there were over 30 incidents of crypto hacks during the month, resulting in approximately $187.29 million in losses. This surge in hacks has raised
Coinbase CFO Alesia Haas recently expressed her belief that Ethereum (ETH) should not be classified as a security. She pointed out that both the SEC and the CFTC have previously stated the same opinion. Haas emphasized that the lack of regulatory clarity surrounding cryptocurrencies in the US is at the core of the classification issue.
Argentina recently introduced new regulations aimed at the country’s cryptocurrency sector, requiring all local crypto firms to register with the regulatory body or face potential shutdown. This move comes after the senate passed legislation approving the Registry of Virtual Asset Service Providers in alignment with the Financial Action Task Force’s recommendations. The goal behind these
Many market analysts are currently fixated on Bitcoin as the Bitcoin Halving approaches, anticipating further price increases for the leading cryptocurrency. However, crypto analyst Jason Pizzino has recently drawn attention to altcoins such as Ethereum (ETH) and Solana (SOL), suggesting that these coins may be poised for significant gains in the near future. Pizzino’s analysis
Bitwise Asset Management, a prominent provider of cryptocurrency index funds, is advocating for the U.S. Securities and Exchange Commission (SEC) to postpone the approval of a spot Ethereum Exchange-Traded Fund (ETF) until December. This strategic move aims to shift the industry’s focus from Bitcoin-related products to highlight the potential and significance of Ethereum in the
Popular cryptocurrency analyst and enthusiast Rekt Capital has recently analyzed the performance of Bitcoin (BTC) and suggested that the cryptocurrency is on the brink of a breakout from a weekly range. According to Rekt Capital, Bitcoin has been trading within a range he referred to as Black-Black, ever since facing an 18% correction. This range
Nakamoto Games, a leading Web3 gaming hub, has announced plans for three major releases in the upcoming weeks, marking a pivotal moment in the company’s journey. The first of these releases, GalacticGrail, is a AAA Collectible Card Game scheduled to launch on April 1st. With promises of setting new standards in the collectible card game
The recent partnership between WAX and Amazon Web Services (AWS) is set to revolutionize the Web3 gaming sector. By integrating blockchain tools into the Amazon Managed Blockchain service, developers now have direct access to WAX’s Web3 networks through the AWS console. This integration aims to streamline the development process for blockchain-based games and apps by
Shiba Inu (SHIB) witnessed a remarkable surge in token burns during the month of March, with billions of tokens being removed from circulation. The burning mechanism, aimed at reducing the circulating supply of SHIB, resulted in over 15.5 billion assets being destroyed. The most significant spike in burning activity occurred on March 8, when almost
With the booming crypto market, there has been a sharp increase in crypto crimes targeting individuals, particularly the elderly. Fraudsters are preying on vulnerable seniors, convincing them to invest their funds in cryptocurrencies under false promises of high returns. This has led authorities to ramp up their efforts to crack down on such scams. Two