The recent decision by Ripple to contribute $25 million to the Fairshake super PAC reflects the company’s commitment to advocating for pro-crypto policies and politicians. This move comes at a critical time when the cryptocurrency industry is facing increasing regulatory scrutiny, particularly from agencies like the Securities and Exchange Commission (SEC). Ripple’s decision to support
In a recent survey conducted by Harris Poll, it was revealed that geopolitical tensions and inflation have significantly impacted the way American voters view cryptocurrencies, particularly Bitcoin. The survey, which gathered responses from over 1,700 likely U.S. voters and funded by Grayscale, a Bitcoin ETF issuer, showcased that one in three voters will take into
In a fascinating turn of events, a crypto user known as Michael recently enlisted the help of cybersecurity researchers Joe Grand and Bruno to recover 43.6 bitcoins that he had lost access to 11 years ago. The process involved hacking time and reverse engineering the password generator used to create the password for the wallet
The cryptocurrency sector faced significant setbacks in May 2024, with blockchain security firm CertiK reporting a loss of $42.6 million to various incidents such as exploits, flash loans, and exit scams. Flash loan attacks, in particular, caused the largest losses in the crypto sector, totaling approximately $20.7 million. Sonne Finance and TLN Protocol were among
Bitcoin’s price movement has shifted back to a choppy market condition, dampening hopes of a quick breakout to new highs. Despite this setback, there is still optimism surrounding the continuation of the current bull cycle. Recent on-chain data suggests that Bitcoin has entered a phase known as the “Euphoria Wave” in the market cycle, shedding
Mastercard has recently introduced its new Mastercard Crypto Credential, which aims to revolutionize blockchain transfers by simplifying the process and enhancing security measures. This new feature allows users on popular exchanges such as Bit2Me, Lirium, and Mercado Bitcoin to utilize easy-to-remember aliases instead of complicated blockchain addresses. The launch of Mastercard Crypto Credential is a
In recent days, the price of Bitcoin has faced significant resistance at the $72,983 level. This rejection has caused a drop in price, with Bitcoin now trading below the 1-day Simple Moving Average (SMA). The price has fallen from $71,942 to $66,785, indicating a potential change in trend. The drop below the SMA in both
In the current year, the XRP Ledger (XRPL) has experienced a significant surge in network activity alongside the broader market recovery. According to the latest report from Messari, active addresses on the XRPL increased by 37% quarter-over-quarter (QoQ), while transactions saw a substantial increase of 113% QoQ. This surge in activity can be attributed to
The recent hack on the Japanese cryptocurrency trading platform DMM Bitcoin has raised serious concerns within the crypto community. The platform lost around $305 million worth of Bitcoin due to the breach, resulting in the loss of 4,502.9 bitcoins. While DMM Bitcoin has reassured its customers that it is investigating the incident and implementing measures
The recent approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC) has sparked a flurry of activity among prospective issuers. Many asset managers have filed amended versions of their S-1 forms following the initial directive from the commission. One of the most significant developments in this space is the revelation
