A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Sony Group, the global conglomerate, is making a major entry into the blockchain space with the announcement of Soneium, a new Ethereum Layer-2 blockchain developed in partnership with Startale Labs. This innovative project aims to address key challenges in scalability and user experience, setting the stage for broader mainstream adoption
August 23, 2024 2 mins read
As new spot exchange-traded funds (ETFs) enter the U.S. market, Ethereum, the second-largest cryptocurrency by market cap, continues to grapple with substantial difficulties. Despite recent efforts to reach new price peaks, ETH has struggled to surpass the crucial $3,000 resistance level, contending with market fluctuations and waning dominance compared to
August 22, 2024 2 mins read
Coinbase, one of the top cryptocurrency exchanges globally, is making significant strides in advancing its offerings in Europe, particularly in light of the European Union’s evolving cryptocurrency regulations. As part of this expansion, Coinbase is introducing conversions between the fiat euro and the euro-pegged stablecoin EURC, set at a fixed
August 22, 2024 2 mins read
Bitcoin (BTC) has displayed a surge of approximately 5% within the past 24 hours, climbing from a low of $58,893 to a high of $61,834. This rise follows a period of consolidation, with Bitcoin briefly nearing the $62,000 zone before experiencing a slight dip. At the time of writing, Bitcoin
August 22, 2024 2 mins read
This week, the global cryptocurrency market has shown signs of recovery, with many tokens displaying positive price movements. However, the Fear and Greed Index remains at 45, indicating a neutral market sentiment. Despite this, the global crypto market cap has decreased by 1.59% to $2.1 trillion, and the total market
August 21, 2024 3 mins read
Terraform Labs, the company behind the troubled TerraUSD stablecoin, is progressing through its Chapter 11 bankruptcy proceedings. The U.S. Bankruptcy Court has set a “confirmation hearing” for September 19, 2024, to evaluate the company’s proposed restructuring and liquidation plans for Terraform Labs Pte Ltd. and Terraform Labs Limited. On August
August 21, 2024 2 mins read
Brazil’s Securities and Exchange Commission (CVM) has greenlit a second Solana ETF, marking a notable step for crypto investments in the region. This new fund is set to be launched by asset manager Hashdex, a Brazil-based asset manager managing over $962 million in assets, in collaboration with local investment bank
August 21, 2024 2 mins read
In the last 24 hours, the Ethereum (ETH) price has climbed over 4%, rising from a low of $2,566 to a high of $2,695, which has sparked optimism among investors. After a week of consolidation, the second-largest cryptocurrency finally broke through the $2,500 resistance zone. At the time of writing,
August 20, 2024 2 mins read
Recent significant Bitcoin (BTC) and Wrapped Bitcoin (WBTC) transactions have drawn attention to an address suspected to be connected to Justin Sun’s team. The activity has sparked widespread speculation within the cryptocurrency community, especially following BitGo’s recent decision to transition WBTC custody to a joint venture involving Sun’s TRON ecosystem.
August 20, 2024 2 mins read
On August 19, WazirX announced that its systems and laptops were “not compromised” in the $230 million cyberattack fallout on July 18. The announcement follows a forensic investigation conducted by Mandiant Solutions, a Google subsidiary, which confirmed the integrity of the exchange’s equipment. According to the WazirX blog post, Mandiant
August 19, 2024 1 min read
