The resignation of U.S. Federal Reserve Vice-Chair for Supervision Michael Barr marks a pivotal moment in the ongoing discourse surrounding banking policies and cryptocurrency regulation. As former President Donald Trump prepares to reclaim his position in the White House, Barr’s departure raises profound questions about the future direction of U.S. financial oversight. What makes this
Crypto
In an era where financial crimes are increasingly sophisticated, the crypto exchange Binance has demonstrated commendable leadership in combatting fraud. By deploying advanced technologies such as artificial intelligence (AI) and machine learning (ML), the company has shifted its approach from merely responding to breaches after they occur to a proactive defense strategy that seeks to
The cryptocurrency market in 2024 experienced a remarkable shift, with meme coins emerging as the main characters in a rapidly evolving narrative. The influence of these tokens on the market cannot be understated, as they collectively garnered over 30% of global investor interest, indicating a transition towards speculative investments that often lack the foundational support
The cryptocurrency market has faced significant downturns lately, experiencing a rough patch that many investors hoped would shift with the onset of the holiday season. Contrary to popular speculation surrounding a seasonal rally—often referred to as the Santa Claus rally—market participants are observing price stagnation and pessimism. As this tumultuous year draws to a close,
The non-fungible token (NFT) landscape has witnessed a robust performance in 2024, surpassing the revenue figures from the previous year — an outcome that was largely unexpected by many market analysts. According to data collected by CryptoSlam, the NFT sales have reached approximately $8.72 billion, which is a marginal increase of $230,000 compared to 2023.
The digital age has unlocked countless opportunities for innovation, but it’s also given rise to a multitude of threats, particularly in the realm of cybersecurity. Recent intelligence from SlowMist, a prominent blockchain security firm, illustrates the alarming trend of cybercriminals exploiting trusted applications for their own malicious intents. In one prevalent scheme, a phishing campaign
In a remarkable twist in the ongoing battle between cybercriminals, a near-genius scam has emerged that takes advantage of some of the most opportunistic thieves in the cryptocurrency world. Instead of being mere victims, these thieves are now ensnared in a web of deception spun by scammers who cleverly publicize wallet seed phrases to bait
Amidst fluctuations in the crypto market, Bitcoin is expected to maintain its position as a predominant force within the digital finance landscape. The recent insights from Franklin Templeton’s 2025 crypto outlook report reinforce this notion, indicating that Bitcoin may further entrench itself as a critical global financial asset. With an increasing consensus that Bitcoin serves
As we navigate the digital financial realm of 2024, it becomes evident that access control vulnerabilities have reached alarming levels. Recent findings indicate that these vulnerabilities have overtaken other significant security threats, accounting for an astounding 75% of all losses in the cryptocurrency sector. This represents a noticeable uptick from just 50% in 2023, translating
December has marked a significant turning point for MakerDAO, evidenced by the remarkable financial performance reported by DeFiLlama. The decentralized finance (DeFi) platform hit a staggering $40.86 million in fees and recorded $26.77 million in revenue, both unprecedented metrics for the protocol. This financial success not only illustrates a surge in user activity but also
