Fri, October 2

Solana Price Faces Severe Selling Pressure; Further Decline Likely?

The price of Bitcoin did not see enough volatility over the weekend to push it beyond $28,000 as bearish sentiment looms. Moreover, the bulk of altcoins, including the top 20, have been stuck in a flat trend, with an inclination towards the downside. An in-depth analysis of the Solana ecosystem,

October 9, 2023 2 mins read

XRP Poised to Surprise Traders Amid Volatile Crypto Market: Analysts

Ripple, the 5th-largest cryptocurrency, could be gearing up for a rally, according to some analysts weighing market risk factors. Glassnode co-founder Negentropic recently tweeted that the current volatile crypto environment may set up willing risk-takers for gains in large-cap coins, including Ripple. He cited declining risk levels similar to those

October 8, 2023 1 min read

Cardano Witnesses Bullish Momentum; Further Surge Likely?

Cardano co-founder Charles Hoskinson has dispelled certain myths and clarified some worries about the Hydra project. Hoskinson made a concerted attempt to clarify and transparently dispel claims of dishonesty over the throughput capacity of Hydra in a recording released on Wednesday. In order to improve Cardano’s scalability, the protocol, which

October 6, 2023 2 mins read

Toncoin surges 9%. What Should Investors Do?

Toncoin, the native token of the well-known TON blockchain, is currently making significant waves in the crypto market, experiencing an impressive surge of 9% in the past 24 hours, climbing from $1.9682 to $2.12. This recovery comes after a week of downward price movement, during which it faced a 5%

October 6, 2023 1 min read

FTX Employees Uncovered Backdoor Months Before Collapse – Report

A group of employees at FTX’s U.S. division discovered a backdoor in the crypto exchange’s systems that gave its trading arm, Alameda Research, special privileges, the Wall Street Journal reported. Citing people familiar with the matter, the WSJ said the employees came across code while examining FTX’s international platform that

October 5, 2023 2 mins read

Stock-Exchange Platforms Bring Music Royalties as an Investable Asset Class to Everyone

Music is often perceived as a form of entertainment, relaxation, and leisure. However, today the relationship between music and finance has become intricate with new platforms and emerging markets creating investment opportunities that both musicians and investors should be aware of. Generating income with music is now more exciting than

October 5, 2023 4 mins read

Defunct FTX Hacker Moves Funds Amid Ongoing SBF Trial

CertiK has recently identified new behavior associated with the infamous FTX hacker. In this case, CertiK Alert detected a large bridge transaction involving 5,624 ether and Bitcoin. Moreover, the hacker transferred 7,500 Ether and 9,375 Ether to EOA. Around 15,000 ETH were discovered to have been converted to BTC by

October 5, 2023 1 min read

Polygon (MATIC) Price Surges Amid Spike in Whale Activity

According to a tweet published by the market analytics portal Santiment, yesterday saw the biggest Polygon (MATIC) transaction since July 2023. According to the announcement, a whale transferred about 37 million MATIC tokens from a Proof of Stake (PoS) wallet to a 3-year old wallet. It was calculated that the

October 4, 2023 2 mins read

Ripple’s XRP Pumps 8% as Federal Judge Denies SEC’s Bid to Appeal

In a significant setback for the U.S. Securities and Exchange Commission (SEC) in its quest to regulate the cryptocurrency market, a federal judge has rejected the SEC’s request to appeal her recent ruling involving Ripple Labs, the company behind the XRP token. District Judge Analisa Torres ruled that the SEC

October 4, 2023 2 mins read

EU Gets Serious About Data, Cites Web3 Browser Extension Swash

The European Union strengthened its reputation as a no-nonsense regulator of data protection in recent weeks, after fining TikTok $379m for breaching its landmark GDPR privacy law.  The Chinese-owned social media giant was reprimanded for failing to protect children’s privacy, such as by making the accounts of users aged under

October 3, 2023 4 mins read