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WazirX Laptops Were Not Compromised in $230M Hack, Confirmed

On August 19, WazirX announced that its systems and laptops were “not compromised” in the $230 million cyberattack fallout on July 18. The announcement follows a forensic investigation conducted by Mandiant Solutions, a Google subsidiary, which confirmed the integrity of the exchange’s equipment. According to the WazirX blog post, Mandiant

August 19, 2024 1 min read

Will Altcoins Resume Dips or Attempt a Recovery?

The largest cryptocurrencies by market cap, Bitcoin (BTC) and Ethereum (ETH), continue to experience bearish fluctuations within the $58K and $60K level and ETH within the $2.6K level, respectively. Altcoins are witnessing a continuous decline, facing selling pressure and a lack of buying interest.  Earlier, the altcoin market experienced a

August 19, 2024 3 mins read

Can Bitcoin Bulls Revisit $65K Before the End of August?

Bitcoin, the leading cryptocurrency, is currently navigating a period of uncertainty after recovering from a significant dip on August 5, triggered by a downturn in Japan’s stock market. Despite this recovery, Bitcoin has faced challenges in sustaining an upward trajectory, hovering between $60,000 and $62,000 and struggling to break past

August 19, 2024 2 mins read

Which Emerging Crypto Should You Buy? Analysts Pick BlockDAG’s $66.7M Presale Amidst Filecoin and Shiba Inu Predictions

While the market experiences a downturn, Filecoin’s forthcoming updates offer a beacon of hope for potential price increases, and Shiba Inu enjoys optimistic predictions despite ongoing market instability. Amidst capital outflows from predominant cryptocurrencies, BlockDAG secures its position as a hotbed for inflows, surpassing other market contenders with its promising

August 19, 2024 4 mins read

Peter Schiff Criticizes US Inflation, Blames Trump-Era Policies

Bitcoin naysayer Peter Schiff recently voiced his disapproval of the US’s present high inflation rates. Saying that policies put in place before Biden was president are to blame. Since the consequences of Biden’s actions will not be realized for at least a few more months. Schiff pointed out that there

August 19, 2024 2 mins read

Bitcoin Miner Marathon Digital Raises $250 Million To Buy These Cryptocurrencies

In a bold move to enhance its cryptocurrency portfolio, Marathon Digital, one of the leading Bitcoin miners, has successfully raised $250 million. This substantial investment is earmarked for increasing its stakes in Bitcoin (BTC) and the promising altcoin ETFSwap (ETFS). As the company looks to solidify its position in the

August 18, 2024 4 mins read

WazirX Restores Investor Balances After $234 Million Hack

The Indian cryptocurrency exchange WazirX has restored investor balances, almost one month after a huge hack shook the company and stole $234 million from users’ Safe Multisig wallets. Despite these developments, many customers are worried and angry since they do not know when they will be able to withdraw their

August 17, 2024 2 mins read

Paypal USD (PYUSD) Surges to Sixth Largest Stablecoin Rank

The cryptocurrency market is mired in neutral sentiment, with only little rebounds sprinkled. The market leader in cryptocurrencies, Bitcoin, has increased its value by about 2% since yesterday, eyeing the $60,000 mark. Nevertheless, today’s main attraction is Paypal USD (PYUSD. A dollar-pegged token that has seen tremendous growth in recent

August 17, 2024 1 min read

Leading Crypto Gainers Spotted Over the Past 24 Hours

The overall crypto market is briefly in the bullish array. Cryptocurrencies are returning from their lows and priced in green. Moreover, the fear and greed index stays at 44, suggesting a neutral sentiment in the market. In the past 24 hours, the global crypto market cap has witnessed a minute

August 17, 2024 3 mins read

Vitalik Buterin Addresses Emerging Threat of Bribery in DAOs

The concept of Decentralised Autonomous Organizations (DAOs) has revolutionised how communities and projects govern themselves. However, as the landscape of decentralised governance evolves, new challenges emerge. Particularly the threat of bribery within “Dark DAOs.”  Ethereum co-founder Vitalik Buterin has recently raised concerns about these threats. Emphasising the need for robust

August 17, 2024 2 mins read