Mixin Network falls victim to $200 Million hack
A major security breach took place on a Sunday Night in Mixin Network, a decentralized cryptocurrency network, which resulted in a confirmed theft of $200 million. The hack has raised concerns within the crypto community regarding the security of decentralized systems. Further details are yet to emerge about the nature and extent of the breach. […]
Ethereum Co-Founder Vitalik Buterin sends 400 ETH to Coinbase
Ethereum co-founder Vitalik Buterin made a deposit of 400 ether (ETH) on a Sunday Evening, to the crypto exchange Coinbase. The Ethereum is equivalent to approximately $632,000 at the moment, as value of ETH stands at $1577.8 while writing this article. This information was obtained from etherscan, a website that scans the Ethereum blockchain. The […]
Why Coinbase CEO Brian Armstrong Believes ‘Biden Administration Is Terrible For Crypto’
Coinbase CEO Brian Armstrong emphasized the importance of political engagement for the crypto industry on Thursday, stating that some political figures might face electoral consequences based on their stance on crypto space in the upcoming 2024 elections. He said “In 2024 some people need to win or lose an election because of their stance on […]
Former Goldman Sachs Exec Raoul Pal predicts Solana to Outperform Bitcoin
Former Goldman Sachs executive macro guru Raoul Pal is optimistic about the cryptocurrency market, referring to the current phase as “crypto spring” and expecting a forthcoming “macro spring.” “We are in ‘crypto spring’ right now, about to enter macro spring,” he said. Speaking on Thursday at Mainnet 2023, Pal stated that he believes Ethereum is […]
Bitcoin is at ‘800-Pound Gorilla’ downside risk, warns Bloomberg analyst Mike McGlone
Bloomberg analyst Mike McGlone warns on Thursday that Bitcoin is at risk of significant downside, facing pressure from rising interest rates and a potential drop below $25,000. “The key thing is 800-pound gorilla… the Federal Reserve is still tightening. So I think this process of reversion is in place.” McGlone believes that the tightening monetary […]
Shiba Inu dummy token CAL is the talk of the town — amasses $4M in volume within hours
Developers of the Shiba Inu accidentally introduced a dummy token called Calcium (CAL) on Friday, for testing purposes. While the token was not intended to be traded, some opportunistic traders jumped in, hoping to capitalize on the situation. Surprisingly, a group of Shiba Inu community members who claimed to have lost money saw potential in […]
Pro-Bitcoin candidate Javier Milei takes commanding lead in Argentina’s election poll
According to an Argentinian survey done by Perfil Argentine presidential candidate Javier Milei, known for his pro-Bitcoin stance, is dominating the polls ahead of the country’s upcoming national election. Milei maintains a commanding lead with a 31% to 34% advantage over his closest rivals, positioning him ahead by more than five points. Many of Milei’s supporters cite […]
Crypto influencer Layah Heilpern Slams Gary Gensler’s over crypto investor protection claims
In a recent statement on X (formerly known as Twitter), crypto influencer Layah Heilpern criticized Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), for his stance on crypto regulation. Heilpern claimed that Gensler’s emphasis on regulation as a means to protect crypto investors was contradictory to his association with Sam Bankman-Fried, […]
Presidential candidate Vivek Ramaswamy promises crypto regulations by Thanksgiving
Presidential candidate Vivek Ramaswamy has announced his plans on Wednesday to release a comprehensive crypto policy framework by Thanksgiving. Speaking at the Messari Mainnet crypto conference, Ramaswamy criticized regulatory agencies, calling them an “unconstitutional fourth branch of government” and a “cancer at the heart of our federal government.” Messari CEO Ryan Selkis, who has seen […]
Crypto Analyst Says Why You Should Invest in Bitcoin And Not Altcoin: ‘transition to Altcoins at the right moment’
Crypto influencer CryptoRover took to X (formerly known as Twitter) and explained why it is not the best time to invest in altcoins. According to him, the market volume for altcoins is decreasing, with venture capitalists (VCs) showing little interest in investing in them. Retail investors are also scarce and low on funds, with most […]