Recently, Nexera, a decentralized finance (DeFi) protocol, fell victim to a smart contract security breach resulting in the loss of $1.5 million worth of NXRA tokens. This breach had a significant impact on the value of the protocol’s native token, causing it to plummet by over 40%. The Cybersecurity Firm Alert The exploit was first
Altcoin Sherpa, a prominent crypto analyst, recently expressed his belief that the Bitcoin bottom has not yet been reached. He mentioned in a social media post that Bitcoin could potentially drop to the $40,000 range, causing further pain for investors. Altcoin Sherpa predicted a period of consolidation for Bitcoin in the coming months, with intermittent
In the wake of the recent crypto market crash, Cardano has been one of the altcoins that have taken a significant hit. However, while some may view this as the end of the road, others, like crypto analyst Alan Santana, see it as an opportunity to buy ADA at a discounted price. Santana’s recent analysis
The CEO of CryptoQuant, Ki Young Ju, has made a bold prediction regarding Bitcoin’s potential to surpass its all-time high if its price remains above $45,000. Despite some uncertainty in the broader financial markets, Ju remains optimistic about the future of the cryptocurrency market. He warns that the market is still vulnerable and that a
Bitcoin whales have been actively accumulating significant amounts of the cryptocurrency over the past month during the market slump. On-chain activity has revealed that over 404,448 BTC, valued at approximately $22.8 billion, has been moved to permanent holder addresses in the last 30 days. This surge in movement has raised eyebrows in the crypto community,
Ronaldo, a seasoned crypto enthusiast, did not stumble into the world of cryptocurrencies by chance. His journey began with a mere spark of curiosity that gradually evolved into a deep passion for understanding the intricate workings of this groundbreaking technology. With over five years of relentless research and dedication, Ronaldo has immersed himself in the
Shiba Inu (SHIB) has shown remarkable resilience in the cryptocurrency market, with a 20% surge on August 6. Despite a 18% decline on a weekly scale, SHIB’s price is around $0.00001359 – a significant improvement. The ecosystem of Shiba Inu has witnessed a surge in important indicators such as transaction volume and burn rate, signaling
The Ronin Network made headlines recently after experiencing a loss of $10 million worth of ETH in a hacking incident, adding to the list of Web3 hacks in 2024. This gaming blockchain platform lost 4000 ETH in the breach. Despite the severity of the situation, there was a positive outcome that is not typically associated
As the crypto market continues to be unpredictable, one trader has made a bold and optimistic prediction for Bitcoin. Despite the recent crash below $50,000, Peter Brandt believes that the pioneer cryptocurrency could skyrocket to new all-time highs of $90,000. This surprising projection challenges traditional market analyses and emphasizes the importance of staying open to
The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s motion to compel additional discovery in their ongoing legal battle. The SEC has argued that Coinbase’s requests for documents are not only irrelevant but also overly burdensome. In a memorandum filed on Aug. 5, the SEC made it clear that it
