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
Crypto
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
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 unpredictable world of cryptocurrencies, Bitcoin’s recent price action has captivated traders and investors alike. Just yesterday, Bitcoin surged to a remarkable high of $102,000 but soon faced a dip that saw its value retract by several thousands. The fluctuations underscore the asset’s notorious volatility, drawing attention to the factors influencing these rapid price
In recent months, the U.S. Securities and Exchange Commission (SEC) has found itself embroiled in a significant legal confrontation with Binance, one of the largest cryptocurrency exchanges in the world. This lawsuit is not just another skirmish in the ongoing regulation of the crypto market; it represents a pivotal moment in how regulators are navigating
In the digital landscape of cryptocurrency, where fortunes can be made and lost within an instant, the threat of cybercrime is ever-present. A recent narrative from a user known as “LeftsideEmiri” on social media platform X serves as a stark reminder of the perils of social engineering attacks in this realm. This alarming incident, where
El Salvador has made headlines globally for its pioneering decision to adopt Bitcoin (BTC) as legal tender in 2021. This bold gambit has not only thrust the small Central American nation into the spotlight but also positioned it at the vanguard of the cryptocurrency movement. Recently, Bitcoin’s price crossed the $100,000 threshold, injecting considerable optimism
The Pudgy Penguins NFT collection continues to capture attention in the crypto space, with exciting new developments on the horizon. Recently, the project announced the impending launch of its cryptocurrency, the Pengu token, which is set for release on the Solana blockchain later this year. This milestone represents not only a significant addition to the
In an exhilarating turn of events for cryptocurrency enthusiasts, PEPE, the third-largest meme coin by market capitalization, has reignited its bullish trajectory. Surging by an astounding 20% in just 24 hours, PEPE has reached a new price peak of over $0.000026. This momentum is attributed to recent revelations about whale investors amassing significant quantities of
