The crypto market is experiencing an upward momentum, and the global cryptocurrency market capitalization is $2.56 trillion, a 1.69% increase in the past 24 hours and an approximate 118% rise over the last year. Total trading volume of the cryptocurrencies last day was $66.8 billion, as per data from CMC.
May 18, 2024 2 mins read
LayerZero Sybil has concluded the phase of self-report, where users could report fake or duplicate sybil addresses created to baffle the system. Initially, over 2 million addresses were suspected to be sybils, and it has been narrowed down to 803,093 after the completion of the phase. The self-reported address will
May 18, 2024 2 mins read
Bitcoin (BTC) price is experiencing pressure to maintain the key support level at $65,390. It is crucial for the price to remain above this support level to sustain the bullish trend, which targets the $70,000 level. It is essential to maintain this support level for the continuation of the upward
May 17, 2024 2 mins read
XRP is displaying a recovery wave after surpassing the $0.5 mark. The price is striving to go above the $0.5050 resistance level; it could gain a bullish pace if it clears the $0.520 resistance level. At the time of writing, the token trades at $0.5165, an increase of 3.05% in
May 16, 2024 2 mins read
Two police officers in South Korea are facing trial over an alleged bribery case involving a high-profile crypto fraud case. It involves an alleged crypto fraudster surnamed Tak. Tak was accused of orchestrating an art-themed altcoin scam and for running a fake Ethereum and NFT-related project convincing people to invest
May 16, 2024 2 mins read
Floki Inu (FLOKI), a dog themed memecoin, has been making significant progress in the cryptocurrency market, with its price surging over 14% in the last 24 hours and crossing the resistance level of $0.0001790. During writing, Floki Inu trades at $0.0002195, an increase of 11.24% in a day. The price
May 15, 2024 2 mins read
Frog-themed memecoin PEPE had remarkable growth this week and soared over 30%, hitting a new all-time high yesterday at $0.00001128. It gained immense attention as the price surged almost by 109% in the past month and 901% in the past 6 months. Investors and analysts are looking confidently at the
May 15, 2024 2 mins read
Tether has frozen 5.2 million USDT from 12 Ethereum addresses linked to phishing groups. These addresses are tagged as USDT-banned addresses by MistTrack. It is an anti-money laundering tracking system developed by SlowMist AML, and used in on-chain analytics to trace illicit funds. Historically, stablecoin issuers ban suspicious addresses for
May 14, 2024 2 mins read
