A recent hacking incident involving the Indian crypto exchange WazirX has raised concerns in the cryptocurrency community. The hacker managed to steal over $235 million worth of assets from the exchange, prompting a swift response from blockchain security firm Cyvers. In the past 24 hours, the hacker has already transferred around $10 million through sanctioned
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Summers have historically been bearish for the Bitcoin price, and the year 2024 has proven to be no different. Since the beginning of summer in June, the price of Bitcoin has experienced significant weakness, with multiple flash crashes causing fluctuations in the value of the pioneer cryptocurrency. The price of Bitcoin has dropped from over
Samuel Edyme, known by his nickname HIM-buktu, is a multifaceted individual in the web3 space. His background as a content writer, journalist, and aspiring trader showcases his diverse skill set and insatiable curiosity for the industry. Edyme has contributed to various renowned platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter, establishing himself as a prominent
X Empire, previously known as Musk Empire Game, is a tap-to-earn crypto game available on Telegram that allows players to engage in virtual mining to earn rewards. This unique gaming experience combines the excitement of tap-to-earn mechanics with the growing popularity of cryptocurrency, making it a game worth exploring for enthusiasts of blockchain-based games. With
Recently, WazirX embarked on the second phase of its fiat currency withdrawal process ahead of schedule, catching many users by surprise. The initial date for the process to commence was set for September 9th, but it began on September 3rd. This unexpected move comes in the aftermath of a significant security breach that resulted in
Ripple has recently announced that Yonsei University in South Korea has joined its University Blockchain Research Initiative (UBRI) program. This collaboration marks the addition of another prestigious academic institution to Ripple’s global network of partners, bringing the total number of UBRI partnerships to 58. Yonsei University will be embarking on a multi-year research initiative focused
The current volatility in the price of Bitcoin has been influenced by several economic factors that are creating uncertainty in the financial markets. While Bitcoin experienced a drop in value from $59,076 to as low as $57,127, there are underlying issues affecting its trajectory. One of the key factors impacting the price of Bitcoin is
Bitcoin’s price dipped below $56,000 recently, sparking concerns about a potential downtrend. Arthur Hayes, co-founder of BitMEX, warned of a worst-case scenario where the price could gradually decline to $50,000. His analysis is based on the broader macroeconomic environment, highlighting the impact of the Federal Reserve’s actions and US Treasury market dynamics. Hayes pointed out
Samuel Edyme, known by his nickname HIM-buktu, has made a significant impact in the world of web3 content writing, journalism, and trading. His versatile nature and unique approach to market analysis have set him apart from his peers. Edyme’s journey into the crypto universe was not a smooth one, as he initially fell victim to
Despite the completion of the highly anticipated Chang upgrade, Cardano has experienced a drop in price. The new features introduced by the Chang hardfork, such as on-chain voting and enhanced smart contract capabilities, were expected to bring positive momentum to the project. However, at the time of writing, Cardano (ADA) was down 2.7%, trading at
