Fri, September 11
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Shafika Fathima

A passionate writer who is exploring the world of crypto. In my spare time I write poetry and read novels.

Posts by Shafika Fathima

WazirX Hacker Moves Another $12M in ETH to Tornado Cash

WazirX Exploiter Moves Funds As Platform Processes Fund Recovery

The WazirX exploit has been the talk of the community for the past two months. Having become the largest cryptocurrency hack in 2024, all eyes are set on the platform’s plans and actions for recovery. Meanwhile, the WazirX hack drew new attention in the market as exploiters made their first

September 3, 2024 2 mins read
Cardano's Rally Creates Profit-Taking Pressure as 88% of Supply Turns Profitable

Cardano Initiates Chang Upgrade Granting Governance ADA Token

The cryptocurrency sector is always evolving for which upgradation is a cornerstone. Web3 development thrives on the constant upscaling of networks and blockchains. Over the weekend, the Cardano ecosystem’s much-awaited Chang Upgrade went live. The upgrade brings new updates and will transform certain key aspects of the network.  Notably, the

September 2, 2024 2 mins read
Is Bitcoin (BTC) Entering a Prolonged Slump Below $58K?

Bitcoin Price Plunges to $57K Causing Uncertainty in the Market

The crypto market turned bearish yet again over the weekend with the largest cryptocurrency showing significant price dips. Bitcoin’s price dip has rendered uncertainty in the market with altcoins showing volatility and turning bearish. As prices have raised a tumult there has been a lull in activity within the crypto

September 2, 2024 2 mins read
SHIB

Dormant CoinBase User Sparks Attention with Significant Shib Burns

The Shibarium community is known to show a spur of activity apart from being an active cornerstone for the memecoin sector. Shiba Inu, the second largest memecoin in the market often garners market attention with its burn rates spiking multifold. In recent times, as of the last 24 hours, the

August 30, 2024 2 mins read
Elon Musk Tesla Lawsuit

Elon Musk and Tesla Celebrate Dogecoin Manipulation Lawsuit Dismissal

The cryptocurrency sector confronts several legal complications on a daily basis. While regulatory bodies often stand central to such occurrences, there are instances when individual traders raise issues. One such lawsuit was the 2022 Dogecoin Manipulation case filed against tech billionaire Elon Musk and his company Tesla.  According to market

August 30, 2024 2 mins read
Can Ethereum (ETH) Escape Bearish Control?

How Will Ethereum Navigate its Price From Current Recovery Levels?

The second largest cryptocurrency, Ethereum, in an interesting turn of events, halted its price declines. The altcoin showed a price recovery following its recent brief price dip. Meanwhile, the overall cryptocurrency market has reverted to bullish after Wednesday’s price decline. Bitcoin, however, still remains below the $60K level.  Notably, Ethereum’s

August 29, 2024 2 mins read
$MBAPPE

Memecoin Trader Sees Profits Capitalizing Footballer $MBAPPE Hack

The memecoin sector holds consistent traders’ interests, which results from unique instances. It frequently sees the launch of new tokens apart from several rug-pull incident reports. Relatedly, in the last 24 hours, a memecoin scam was committed related to the prominent football star, Kylian Mbappe.   According to reports, the prominent

August 29, 2024 2 mins read
Solana Foundation Rebuts Centralization Claims Amid Patch Controversy

Solana Price Sees Bearish Takeover After Hitting $160 Levels

In the cryptocurrency sector, volatility in prices is a daily occurrence. Despite that, significant movements in charts often tend to draw investors’ attention. Relatedly, the second largest altcoin, Solana, showed such price movements. The token has seen a price drop of 4.54% in the last 24 hours.  Solana, the native

August 28, 2024 2 mins read
Ton Network

TON Network Encounters Faltering Block Production Due to Overload

The TON community has taken to the spotlight since the week’s beginning. With the controversial detention of its co-founder in France and the launch of a new memecoin $DOGS, the TON Network has seen quite the frenzy. In addition, community members observed a glitch in the blockchain’s activity in the

August 28, 2024 2 mins read
Ethereum Price

Will Ethereum Price Surpass Second Resistance at $2.7K Levels?

The crypto market, as another week begins, showed mild dips in market cap and trading volume. In the last few days, leading cryptocurrencies took bullish turns after several weeks of price slump. Bitcoin surpassed $60K for the first time after the August first-week price dip. Meanwhile, the market has seen

August 26, 2024 2 mins read