Ethereum, the second-largest cryptocurrency based on market capitalization, is currently in a phase of consolidation. This period of stability in the price of Ethereum has left traders and investors uncertain about the future direction of the cryptocurrency. With Ethereum’s price hovering around key support and resistance levels, market participants are cautiously monitoring technical indicators and
Binance, the leading cryptocurrency exchange globally, is currently navigating through various regulatory hurdles in different countries, such as India, Canada, and the United States. In India, the Financial Intelligence Unit (FIU) imposed a hefty fine of 188.2 million Indian Rupees on Binance for failing to comply with Anti-Money Laundering (AML) regulations. The FIU found that
NVIDIA, once considered a tech giant on Wall Street, has now claimed the title of the largest market capitalization in the world, surpassing Microsoft. The company has experienced a significant increase of around 3.5% in its stock price in the last 24 hours alone. Throughout 2024, NVIDIA has seen an impressive surge in its stock
Kraken, a prominent cryptocurrency exchange, recently faced a major security breach when an undisclosed white-hat hacker group exploited a critical bug in its system. The security researchers, who first identified the bug, demanded compensation from Kraken for their discovery. This raised ethical concerns in the crypto community about the boundaries of bug bounty programs. The
When it comes to traveling with cryptocurrency, one of the key considerations is ensuring the security of your digital wallet. It is essential to implement time-tested strategies to protect your crypto assets from potential threats and cyber attacks. Accessing your crypto accounts while on the move requires a high level of caution, especially when it
Recent reports have revealed that Montenegrin Prime Minister Milojko Spajić was among the early investors in Terraform Labs. In April 2018, Spajić invested $75,000 in the project, acquiring 750,000 Luna tokens at a price of $0.10 each. This made him the 16th investor during Terraform Labs’ initial fundraising phase. Unfortunately, Terraform Labs’ cryptocurrency project ultimately
In a significant development for the blockchain gaming industry, Ronin, the Ethereum sidechain network utilized by Axie Infinity, is on the brink of integrating zero-knowledge Ethereum Virtual Machines (zkEVM) with the assistance of the Polygon Chain Development Kit (CDK). This integration is poised to revolutionize the scalability and efficiency of the Ronin network, empowering game
The mobile app market has long been dominated by tech giants like Apple and Google, who charge exorbitant fees to developers for hosting their applications on their platforms. However, APhone has recently launched AppNest, a decentralized app store that aims to disrupt this traditional model and provide a more developer-friendly and user-centric experience. The Platform
Recently, blockchain security firm CertiK made headlines by revealing a critical vulnerability in the deposit system of the popular crypto exchange Kraken. CertiK claimed that Kraken had threatened its employees and demanded repayment for a “mismatched” amount in an unreasonable timeframe without providing a relevant wallet address. The security firm denied any extortion allegations and
Following a surge above $0.50, XRP experienced a slight decline over the past 12 hours. Despite this, the cryptocurrency managed to erase its weekly losses, standing as the only top digital asset in the green for the week. The uptrend coincided with a notable rise in open interest (OI) as traders closely monitored the ongoing
