A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Uniswap’s native token, UNI, has seen a remarkable 35% surge in the past 24 hours, marking a four-month high of $9.41. This comes in a broader market upswing following Donald Trump‘s re-election as the 47th U.S. president, which has sent bullish ripples across the crypto landscape. Trading volume for UNI
November 6, 2024 2 mins read
Israel has reportedly lost billions of shekels in potential tax revenue from cryptocurrencies, according to a report published today by the State Comptroller and Ombudsman. The audit highlights severe lapses in the nation’s approach to taxing digital currencies, revealing an estimated annual revenue loss of NIS 2 to 3 billion
November 6, 2024 2 mins read
The much-anticipated U.S. presidential election has arrived, sparking a wave of tension across stocks, bonds, and the crypto market. Investors are preparing for potential turbulence as forecasts point to a highly contested race. Bitcoin remains a focal point, continuing to be viewed as a “Trump trade”, reports QCP. The “Trump
November 5, 2024 2 mins read
As the cryptocurrency market grapples with uncertainty surrounding the U.S. presidential election, Ethereum (ETH) has experienced significant downward pressure. Currently trading at approximately $2,443, ETH has seen a 0.73% decline in the past 24 hours and a steep 7% drop over the last week. Despite a slight recovery in total
November 5, 2024 2 mins read
In October 2024, the crypto industry witnessed losses of $129.6 million, driven by various security incidents, including exit scams, flash loan attacks, and significant exploits. According to CertiK, a blockchain security firm, exit scams accounted for $1.2 million, flash loan attacks led to $1.5 million in losses, and a staggering
November 5, 2024 2 mins read
Solana (SOL) is riding a wave of growth, achieving its highest-ever monthly active address count in October. The network recorded over 123 million active addresses, marking a 42% increase from September. This surge highlights a striking rise in user engagement, up from just 12.7 million active addresses in January. Fueling
November 4, 2024 1 min read
XRP, currently trading at $0.5075, witnessed a minor 0.48% surge over the past 24 hours. This upward movement aligns with the broader crypto market, which recorded a slight 0.09% uptick after experiencing losses throughout the day. However, XRP had previously dropped to a ten-day low of $0.4917. Meanwhile, over recent
November 4, 2024 2 mins read
Heather Morgan, known in the music world as “Razzlekhan,” is set to be sentenced on November 15 for her involvement in laundering 120,000 bitcoins stolen from Bitfinex during a 2016 hack. Prosecutors have requested an 18-month prison term for Morgan, who pleaded guilty in August 2023 to one count of
November 4, 2024 2 mins read
Aurelien Michel, the developer behind the controversial Mutant Ape Planet NFT collection, has been sentenced to a month of incarceration and ordered to forfeit $1.4 million in fraud-related penalties. The decision, handed down by U.S. District Judge Margo Brodie, comes as part of a case involving Michel’s alleged scheme that
November 2, 2024 2 mins read
Coinbase has revealed troubling findings about the Federal Deposit Insurance Corporation (FDIC), uncovering over 20 instances where the regulator advised banks to avoid providing crypto-related services. This information emerged following the exchange’s recent Freedom of Information Act (FOIA) requests aimed at shedding light on the ongoing governmental crackdown on cryptocurrencies.
November 2, 2024 2 mins read