Fri, November 22
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Janani

A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.

Posts by Janani

Crypto Exchange M2 Secures User Funds After $13M Hot Wallet Breach

Radiant Capital Hackers Bridge $52M to Ethereum After Exploit

Hackers behind the recent Radiant Capital exploit have successfully bridged nearly all stolen funds from Arbitrum and BNB Chain to Ethereum, totaling approximately 20.5K ETH, valued at around $52 million. This move marks the next phase in the aftermath of the October 16 hack, where attackers drained assets across multiple

October 24, 2024 2 mins read
US Elections Fuel Optimism in Crypto Markets as BTC Nears $69K

US Elections Fuel Optimism in Crypto Markets as BTC Nears $69K

With just two weeks until the US elections, market sentiments are shifting as former President Donald Trump extends his lead over Vice President Kamala Harris in betting markets. As key swing states begin to lean Republican, traders are increasingly pricing in a potential Trump presidency, which has historically been viewed

October 23, 2024 2 mins read
Avalanche Adoption Rises to 24% Amidst AVAX Bearish Sentiment

Avalanche Adoption Rises to 24% Amidst AVAX Bearish Sentiment

Avalanche (AVAX) is currently trading at $26.64, reflecting a 3.5% decline over the past 24 hours and a 4% drop over the week. Trading volume has also decreased by 13%, indicating a lack of momentum. Despite these recent setbacks, AVAX is witnessing a new adoption rate of 23.5%, with a

October 23, 2024 2 mins read
Can MAGA Token Sustain Its 68% Monthly Rally?

Can MAGA (TRUMP) Token Sustain Its 68% Monthly Rally?

The current US election cycle has not only ignited political discourse but also intensified activity in the world of PoliFi tokens. The MAGA token, which saw a meteoric rise to $3.35 with a triple-digit surge earlier, is now down by 4% over the last 24 hours, trading at $3.07. This

October 23, 2024 2 mins read
Sky Branding Dilemma Deepens Amid Founder’s Controversial Transactions

Sky Branding Dilemma Deepens Amid Founder’s Transactions

Sky, formerly known as MakerDAO, is currently navigating significant changes and community feedback following its rebrand. Founded by Rune Christensen, Sky is grappling with user concerns regarding its new identity and governance structure. The protocol, previously famous for creating the decentralized stablecoin Dai, has introduced a new stablecoin, USDS, which

October 23, 2024 2 mins read
Can Shiba Inu Bulls Ignite a Rally Soon?

Can Shiba Inu Bulls Ignite a Rally Soon?

Shiba Inu (SHIB), the second-largest meme-inspired cryptocurrency, is currently trading at $0.00001822, reflecting a 2.6% decline over the past 24 hours. However, despite this short-term dip, SHIB has experienced a remarkable 25% increase over the past month, showcasing its potential for volatility and growth. Recent analysis indicates that SHIB is

October 22, 2024 2 mins read
WazirX Founder Nischal Slams CoinSwitch Allegations as Basele

WazirX Founder Nischal Slams CoinSwitch Allegations as Baseless

Indian cryptocurrency exchange, WazirX, is back in the spotlight following accusations from CoinSwitch’s co-founder, Ashish Singhal, regarding the transfer of over $73 million in cryptocurrency to exchanges like Bybit and KuCoin. Singhal expressed concerns about WazirX’s financial stability, fuelling speculation over the exchange’s handling of user funds. However, WazirX’s co-founder,

October 22, 2024 2 mins read
Is Aptos Primed for a Breakout After a 12% Rally?

Is Aptos Primed for a Breakout After a 12% Rally?

In a market increasingly dominated by bearish sentiment, Aptos (APT) stands out with an impressive performance, soaring 12% in the past 24 hours to reach a current price of $11.05. This surge comes despite the overall cryptocurrency market facing a 2% decline, driven largely by a significant downturn in major

October 22, 2024 2 mins read
Coinbase Files FOIA Requests on U.S. Crypto Regulations

Coinbase Files FOIA Requests on U.S. Crypto Regulations

Coinbase has intensified its push for regulatory transparency, filing two Freedom of Information Act (FOIA) requests against U.S. agencies. The exchange aims to shed light on the growing restrictions faced by banks dealing with crypto deposits. It particularly targets the Federal Deposit Insurance Corporation (FDIC) and other regulators involved in

October 22, 2024 2 mins read
Bitcoin Dominance Climbs to 58% as ETF Inflows Continue

Bitcoin Dominance Climbs to 58% as ETF Inflows Continue

This week marked a significant development in the cryptocurrency market, as Bitcoin (BTC) rallied by 10.48%, reaching a weekly high of $69,000. With BTC now within striking distance of the crucial $70,000 psychological level, market participants are optimistic about its near-term trajectory, particularly as no major macroeconomic data is expected

October 19, 2024 2 mins read