Individual investors have been negatively impacted by the withdrawal delays, and questions have been raised concerning the general security and dependability of Bitcoin exchanges. The WazirX exchange has restored investor balances over a month after a significant attack caused the loss of $234 million in client monies in the Safe Multisig wallet of the Indian […]
According to data released on Wednesday, Americans are taking longer to pay off their debt. Despite the fact that the unwinding of the yen carry trade has probably stopped since Monday, risk assets like bitcoin (BTC) have stabilized. However, there are still hazards, such the slower U.S. consumer borrowing, according to Markus Thielen, the founder […]
Scalability, institutional adoption, and sustainable DApp ecosystem growth are Ethereum’s weak points. The last time Ether traded above $4,000 was on March 14, more than two months before the US Securities and Exchange Commission approved Ether as a spot exchange-traded fund (ETF) on May 23. Investors are now wondering if the bullish momentum has peaked […]
The WazirX breach exposed vulnerabilities in Multisig wallets despite strict security measures, with hackers exploiting data discrepancies. WazirX, an Indian cryptocurrency exchange, suffered one of the year’s largest assaults, losing nearly $230 million from a multisig wallet. WazirX claimed an attack on one of its multisig wallets, which had been using Liminal’s digital asset custody […]
The use cases of cryptocurrencies are quite limited so far, majorly only for making payments for digital assets. But what if cryptocurrencies can be used to make retail payments at stores? Debit cards are now one of the most common modes of payment in retail outlets and even in brick-and-mortar stores. They have transformed our […]
Prediction markets for Trump’s election odds surged, and so did the value of numerous other memecoins with his image. This was in response to an attempt on the former president’s life during a rally in Butler, Pennsylvania. The largest Donald Trump memecoin, MAGA (TRUMP), saw a price increase of over 30% in the wake of […]
Introduction Hacks and attacks are not new in the blockchain and web3 space. However, these attacks often cause severe losses. It is crucial to be proactive in understanding about these attacks and learning how to prevent them. One such attack is the Infinite Mint Attack. Let’s understand it. What’s an Infinite Mint Attack? An Infinite […]
Introduction Metamask has rolled out new privacy updates that enable users to configure their wallets according to their privacy preferences. Consensys, MetaMask’s parent company, has updated a new privacy policy to improve transparency, user consent, and control over personal data. These new changes in the policy aim to apply better security and privacy measures for […]
Today, dated June 18, 2024, Bitcoin stands at $ 65,681.76. We already explained and discussed the workings of a Bitcoin ETF in our previous blog, “How Bitcoin ETFs Make Crypto Accessible for All.” Bitcoin ETFs are like other Exchange-Traded Funds (ETFs) traded on exchanges. They allow traditional investors to invest in Bitcoins and make profits […]
Initially, when cryptocurrency was introduced in 2009, it just used to be a buzzword for many, and some form of digital collectible for geeks. But over the years, blockchains, crypto, and other digital assets have drastically evolved, become more sophisticated, and have started dominating the financial world. Several crypto spams and hacks also cost people […]
In a significant milestone for Diamante Blockchain, the DIAM presale has conclusively demonstrated the market’s robust confidence and interest in its utility coin, DIAM, with over $5 million successfully raised. With this incredible achievement, it’s clear there is growing enthusiasm and trust in the Diamante Ecosystem as well as in the native digital asset, DIAM, which operates on the Diamante Net blockchain network. DIAM acts as an authorization coin that […]
The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time the central topic of the forum will be making money on Bull Run, […]