In November 2023, BNB Chain witnessed an alarming phenomenon where 35.5% of its blocks were impacted by what is known as sandwich attacks. This type of attack exploits the inherent structure of decentralized finance (DeFi) and the transparent nature of transaction pools. By identifying a pending transaction, attackers strategically place their orders before and after
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India’s rapidly evolving cryptocurrency market is at a critical juncture as authorities uncover significant tax evasion practices. Recently reported findings have exposed a $99.1 million tax evasion scandal involving a number of cryptocurrency exchanges. The scrutiny of these exchanges reflects not just a regulatory crackdown but also highlights the complexities and challenges inherent in merging
In a pivotal moment for the cryptocurrency landscape, Ethereum (ETH) has recently eclipsed the $4,000 barrier, marking its first foray beyond this threshold in over ten months. The closing week of November revealed a staggering 40% surge in ETH’s value, a phenomenon that is emblematic of a broader crypto resurgence. Central to this revitalization is
Bitcoin has long been heralded as a revolutionary asset, yet its recent fluctuation around the significant $100,000 mark has ignited discussions on its future trajectory. After surpassing this psychological threshold, Bitcoin faced a swift pullback that saw its price dip to approximately $94,000. This unexpected correction, however, should not be misinterpreted as an omen for
The cryptocurrency market is buzzing with newfound optimism, especially with Ethereum’s recent price movements. After breaking past the $4,000 mark—its first significant surge since March—analysts are eager to provide their insights regarding its potential trajectory. In particular, crypto analyst BallaJi has drawn attention by suggesting that Ethereum could see prices as high as $18,000. This
The world of cryptocurrency has been buzzing with excitement as Bitcoin has recently shattered the $100,000 barrier for the very first time. This landmark moment not only reflects the strength and resilience of Bitcoin but also stirs a pot of speculation regarding its future trajectory. The dichotomy of sentiment surrounding Bitcoin at this pivotal juncture
The United States Securities and Exchange Commission (SEC) is reportedly poised to reject applications for two exchange-traded funds (ETFs) connected to Solana (SOL). This anticipated decision has significant implications for the cryptocurrency market, particularly in how institutional investors might approach SOL investing. The context provided by Bloomberg ETF analyst Eric Balchunas indicates that SEC Chair
The Financial Times (FT), a leading global business news outlet, recently garnered attention with a statement that many have termed an apology concerning Bitcoin’s astronomical rise beyond the $100,000 mark on December 5, 2024. Published on FT Alphaville, the publication’s commentary platform, the piece has ignited heated discussions in crypto circles, raising questions about the
Semler Scientific, a provider of healthcare technology solutions, has made waves in the financial sector with its aggressive investment strategy in Bitcoin. Recently, the company revealed that it has expanded its Bitcoin holdings by acquiring an additional 303 BTC for approximately $30 million during the period between November 25 and December 4. This purchase increased
In the fast-evolving landscape of the digital sphere, Samuel Edyme, affectionately known as HIM-buktu, stands out as a multifaceted personality. As a web3 content writer, journalist, and aspiring trader, Edyme has blended his passion for writing with an unwavering eagerness to understand the cryptocurrency market. His dynamic presence has graced the pages of platforms such
