Rexas Finance (RXS) is such a token that most analysts and crypto investors are determined to lay their focus on it. Aiming at disruption in the ecosystem of blockchain and decentralized finance, Rexas Finance is set to become one of the leading cryptocurrencies in the next rally predicted in 2025.
The crypto market continues to face multiple hacking incidents, with the latest targeting Shezmu, a leveraged yield protocol. On September 21, Chaofan Shou, co-founder of blockchain analytics firm Fuzzland, raised alarms regarding a compromised storage vault belonging to Shezmu, leading to the theft of approximately $4.9 million in cryptocurrencies. The
The cryptocurrency market has been highly volatile since the start of the month, with Bitcoin hitting a 25-day high yesterday, sparking a brief surge. However, today the overall market has dipped, with total market capitalisation down 0.39% and trading volume dropping by 28%. Despite the red across most altcoins, one
A joint assessment by regional bodies, including the Financial Action Task Force (FATF), has urged India to enhance its regulation of virtual assets. The FATF’s recent report on India’s efforts to combat money laundering and terrorist financing reveals significant risks associated with domestic illegal activities, primarily fraud, cyber fraud, corruption,
The Bitcoin price displays a brief bullish sentiment, attempting to hit a higher value after the recent break-out above $63K. The largest cryptocurrency managed to trade within the $60K range for the past three days. The analysts speculate that the asset could hit a new all-time high (ATH) before this
Jump Crypto’s much-anticipated validator client, “Frankendancer,” has been successfully launched on Solana’s mainnet, as announced by Chief Science Officer Kevin Bowers during the Solana Breakpoint event in Singapore. Frankendancer is a prototype of Firedancer, a second independent validator client being developed by Jump Crypto to enhance Solana’s network performance and
BitMEX co-founder Arthur Hayes made a significant move in the crypto market, depositing 350,010 tokens ($1.26 million) to Binance and Bybit within the past hour. Hayes still holds 1.66 million PENDLE ($5.93 million) in Pendle Finance, with these tokens now unlocked and available for sale. His estimated profit from it
Bitcoin, the world’s leading cryptocurrency, hit a 25-day high of $64,133, hours ago. It gained 10.3% over the past week as bulls made a comeback. Despite an early-month bearish trend, Bitcoin is now trading at $63,821.27, up 3% in the last 24 hours, though trading volume has decreased by 11%,
In an era where cryptocurrencies and blockchain technology are reshaping the financial landscape. Calls for reforming regulatory frameworks are becoming increasingly urgent. Mark Uyeda, the SEC commissioner wants the Securities and Exchange Commission (SEC) to update Form S-1, the standard registration statement for public offerings. This is to better accommodate
At Token2049 in Singapore, Ethereum co-founder Vitalik Buterin emphasized Ethereum’s progress, notably highlighting reduced transaction fees and enhanced scalability through layer-2 (L2) networks. He celebrated the significant decrease in fees on L2s like Optimism and Arbitrum, which now stand at “basically zero,” a vital development for mainstream adoption. “From being
