Elon Musk’s secret funding boosts Dogecoin price by 2%
Dogecoin saw a 2% increase in value following the revelation in an upcoming biography of Elon Musk that he had been quietly funding the development of the popular meme coin. The book, written by Walter Isaacson and set to be published on September 12, delves into Musk’s financial contributions to Dogecoin and his consideration of […]
BitMEX Co-founder Arthur Hayes predicts Bitcoin bull run is just getting started!
BitMEX co-founder Arthur Hayes has stated that Bitcoin (BTC) has been experiencing a bull run for approximately six months. However, he believes that the market has yet to fully respond to this upward trend. Speaking at the Korea Blockchain Week, Hayes pointed out that the bull run began when the Federal Deposit Insurance Corporation took […]
Shiba Inu ecosystem sees surge in value as 9.2 Million SHIB tokens burned
In a recent update for the Shiba Inu ecosystem, the lead developer, Shytoshi Kusama, has confirmed the development of a burn portal. This announcement coincided with the burning of over 9.2 million SHIB tokens in the past 24 hours. The burn portal is currently in progress and is being developed by the Shibarium team. Kusama […]
What’s the best way to store your Bitcoin?
When it comes to storing Bitcoin, there are several options available. For small amounts and short-term holding, leaving it on the exchange where it was purchased is one option, although there is a risk of losing the Bitcoin in case of exchange problems. Another option is installing a Bitcoin wallet on your smartphone. While convenient […]
UK woman loses £180,000 to crypto scam
A woman from the UK has lost £180,000 (approximately $227,292) after falling victim to an elaborate cryptocurrency scam. The criminals posed as investment advisors and convinced her to invest her money in crypto. They maintained regular contact with her for six months, building a close rapport and gaining access to her phone and laptop. Using […]
Stake bounces back and reopens withdrawals after $41.3M hack
Crypto betting platform Stake has reopened its deposit and withdrawal services just five hours after suffering a hack estimated to have stolen $41.3 million. The unauthorized transactions occurred in Stake’s ETH/BTC hot wallets, with blockchain security firms estimating the total loss. While Stake confirmed that Bitcoin, Litecoin, and XRP wallets were unaffected, it has not […]
Is Bitcoin losing its sparkle? Metrics point to concerning trends
Recent metrics suggest that Bitcoin, the leading cryptocurrency, may be losing its shine. Trading volumes for Bitcoin and Ethereum have declined, potentially reaching levels not seen since 2019. Moreover, Google search traffic for cryptocurrency-related keywords has dropped to 2019 levels, indicating reduced public interest. Low volatility in Bitcoin, historically known for its price swings, further […]
How to mine Dogecoin (DOGE)?
If you’re interested in the world of cryptocurrencies and want to dip your toes into mining, Dogecoin can be a great place to start. Known for its friendly community and Shiba Inu mascot, Dogecoin has gained popularity as a fun and accessible digital currency. Here’s a step-by-step guide on how to mine Dogecoin. Read Now: […]
Who is the real Satoshi Nakamoto?
In the search for the true identity of Satoshi Nakamoto, three prominent figures have emerged as potential candidates, according to a redditor. Nick Szabo, a computer scientist, legal expert, and cryptographer, is credited with introducing the concept of smart contracts. He is a pioneer in the field of digital currency and has written extensively about […]
Ethereum’s Co-Founder Vitalik Buterin makes waves with unusual ETH transactions
Ethereum co-founder Vitalik Buterin has made some intriguing financial moves recently, raising speculation about his intentions. According to blockchain monitoring platform Spot On Chain, Buterin transferred 999 ETH (worth $1.63 million) between Ethereum addresses. This comes after a series of deposits and sales over the past eight days, where Buterin deposited 1,602 ETH ($2.68 million) […]