Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
In a dramatic twist, a CryptoPunks NFT that once commanded $1.5 million was recently sold for a mere $23,000. This sudden and steep decline in value has captured widespread attention and sparked discussions within the cryptocurrency community. The NFT, a highly coveted piece from the CryptoPunks collection, experienced a shocking
September 12, 2024 2 mins read
Cardano founder Charles Hoskinson recently expressed his frustration over increasing misinformation regarding ADA staking and market cap manipulation. These false claims have become widespread, reaching what Hoskinson described as “epic levels.” A particular rumor asserts that ADA holders are trapped in staking pools. Consequently, this situation prevents them from selling
September 11, 2024 2 mins read
Ethereum is trading at $2,329, according to CMC data, reflecting a slight decrease of 1.32% over the last 24 hours. Ethereum, the second-largest cryptocurrency by market capitalization, has faced notable pressure amid broader market corrections. With Ethereum’s network still being the backbone of decentralized finance (DeFi) and NFTs, price fluctuations
September 11, 2024 2 mins read
Indonesian cryptocurrency exchange Indodax is facing a significant financial blow following a recent exploit. The losses are estimated at $15 million. According to PeckShield, the platform has experienced a considerable outflow of funds, totaling approximately $15.7 million. These funds have been dispersed across various blockchain networks, including Ethereum, Polygon, and
September 11, 2024 2 mins read
As of September 10, 2024, Bitcoin (BTC) is trading at $57,027 according to CMC data, reflecting a slight pullback following recent upward movements. The cryptocurrency’s 24-hour trading volume has surged by 46%, reaching $33.83 billion, indicating heightened market activity and its market cap has increased by 3.12% to $1.12 trillion.
September 10, 2024 2 mins read
Crypto scammers struck again during Apple’s highly anticipated iPhone 16 launch, using a deep fake of Apple CEO Tim Cook to deceive viewers. The fraudulent livestreams appeared on YouTube, promising fake cryptocurrency giveaways under the guise of official Apple promotions. The scam involved altered videos of Cook, who appeared to
September 10, 2024 2 mins read
In a recent blog post, Kraken Australia detailed its concerns about ASIC’s judgment, which it believes reflects the broader ambiguity in the country’s regulatory environment. According to Kraken, the ruling exemplifies the challenges that crypto businesses face in Australia, where regulations remain unclear and inconsistent. Kraken Australia’s criticism comes at
September 9, 2024 2 mins read
Woo X, a prominent Taiwan-based cryptocurrency exchange, has unveiled a groundbreaking copy trading feature. This new offering promises to revolutionize social trading by allowing users to mirror top traders’ strategies with an innovative twist. The new copy trading feature at Woo X stands out due to its unique counter-trading capability.
September 9, 2024 2 mins read
Trust Wallet, a leading decentralized crypto wallet backed by former Binance CEO Changpeng Zhao (CZ), is experiencing remarkable growth in Africa and South Asia. Users in these regions increasingly seek stablecoins like USDC to secure their financial assets. The rise in adoption highlights the growing trust in on-chain wallets, particularly
September 9, 2024 2 mins read
Bitcoin is trading around the $54,000 mark, showing strong market dynamics as it hovers near significant support levels. Bitcoin price declined by 4.09% in the last 24 hours. Over the last few days, BTC’s performance has indicated a mixed sentiment, with both bullish and bearish factors in play. Bitcoin’s previous
September 7, 2024 2 mins read