The mining wallets of the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have been through a consistent decline in the asset holdings since the mid-2024. However, a slight recovery in prices indicates that miners might increase their collective assets. According to the analytics firm Santiment, this drop in supply is
September 13, 2024 2 mins read
Bitcoin’s price performance has remained under pressure for the past few months. The largest asset’s crucial challenge is to break free from its narrow trading range of $50K to $60K. The ongoing market volatility blocks Bitcoin from making an upward movement. Over the past 24 hours, the asset has plunged
September 13, 2024 2 mins read
The Indian crypto exchange, WazirX’s exploit, has been a prolonged discussion among the community for the past two months. The WazirX hack became the notable crypto hack in 2024. Meanwhile, the hacker transferred 5,000 ETH, worth approximately $11.7 million, to the mixing tool. Reportedly, the attacker has recently moved 10,000
September 12, 2024 2 mins read
The defunct crypto exchange, FTX, and its sister firm, Alameda Research reclaimed the dumped 177,693 SOL tokens, worth approximately $24 million, from the Solana Proof-of-Stake (PoS) network. The exchange-affiliated wallet, H4y…gFZ, still holds a 7.057 million SOL in staking, valued around $943 million. FTX was one of the biggest holders
September 12, 2024 2 mins read
A federal judge in the United States has dismissed a class-action lawsuit against Atomic Wallet, an Estonian-based crypto firm. Philip Brimmer, a judge in the Colorado district court, agreed, concluding there were insufficient grounds for the U.S. court to handle the case. Following a $100 million hack in June 2023,
September 11, 2024 1 min read
U.S. presidential candidate Kamala Harris’ winning odds in the upcoming presidential election on crypto-based prediction platform Polymarket rose after the presidential debate on Tuesday in Philadelphia. The former president Donald Trump and Harris are at a tie on Polymarket. Bettors on the prediction platform forecast a 94% chance that Harris
September 11, 2024 2 mins read
Altcoins have shown mixed signals this week, with Ethereum, the largest altcoin, grappling to hold its ground. Its price remains caught between crucial support and resistance levels, recently dropping below $2,400. Notably, over the past 24 hours, despite price fluctuations, ETH witnessed a moderate spike of 1.52%. At the press
September 10, 2024 2 mins read
The North Carolina General Assembly has passed a bill prohibiting the implementation of a Federal Reserve-issued central bank digital currency (CBDC) within the state, following a Senate override of Governor Roy Cooper’s veto. The Republican-majority Senate voted 27-17 in favor of House Bill 690, surpassing the 60% threshold required to
September 10, 2024 2 mins read
The overall crypto market has fluctuated throughout the past few weeks. Amid the dips in market cap and trading volume, Chainlink (LINK) has recently broken through critical resistance at $10.35, while many cryptocurrencies extended their losses. This resurgence comes with moderate gains of 1.93% over the past 24 hours. Notably,
September 9, 2024 2 mins read
Spanish multinational banking giant Banco Bilbao Vizcaya Argentaria (BBVA) has officially integrated USD Coin (USDC), the second largest stablecoin issued by Circle, into its crypto asset services for institutional and private banking clients in Switzerland. This initiative enables clients to manage their USDC holdings—exchange, custody, or automatically convert USDC into
September 9, 2024 2 mins read
