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.
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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
In December 2024, the crypto market underwent a significant transformation as artificial intelligence (AI) technologies established themselves as frontrunners in the rapidly evolving financial landscape. A report from Dexu AI, a respected Web3 analytics platform, reveals that AI-focused cryptocurrencies generated impressive returns, highlighting the shift towards more technologically sophisticated solutions. Notably, the AI16Z token soared
In recent months, the conversation surrounding Bitcoin as a national asset has shifted from niche forums to the mainstream political arena. The CEO of Metaplanet, a Japanese venture capital firm, has sparked renewed interest by asserting that the United States is igniting a global quest for Bitcoin (BTC) reserves. This assertion implies a significant shift
The realm of cryptocurrency is constantly evolving, with companies pushing the boundaries of what is possible. Among these players, the AI platform ai16z is contemplating a transformative move by potentially launching a layer-1 (L1) blockchain network. This ambition is not just about creating another blockchain; it’s a strategic pivot towards an innovative tokenomics model designed
The realm of cryptocurrency has gained considerable traction in recent years, prompting regulatory bodies, particularly in the United States, to grapple with the complexities that accompany this digital asset class. As the landscape evolves, so too does the Tax Code, leading to a slew of regulations that affect how taxpayers report their crypto transactions. In
