Blockchain

It was a difficult weekend for Avalanche (AVAX) holders, with the token’s value dropping 16% in the past three days. This sharp drop resulted from an exploit on the Avalanche network, which led to millions of AVAX tokens being stolen from the Stars Arena social application. Given this unfortunate event, some investors are seeking alternative gaming tokens to add to their portfolios – with Meme Kombat (MK) and TG.Casino (TGC) emerging as standout contenders. Stars Arena Hack...

Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till the halving, analysts are now offering predictions about Bitcoin’s chances. While the specific count might not be the same across analysts, Rekt Capital posted on X...

According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024. One such Bitcoin halving prediction is that of Binance CEO Changpeng Zhao (CZ). Zhao recently shared some insights from the previous three Bitcoin...

Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...

Elliptic analysts had predicted that the amount laundered through DEXs, bridges, and coin swaps would rise to $6.5 billion by the end of 2023 and $10.5 billion by 2025. Blockchain analytics platform Elliptic has found through recent on-chain analysis that criminals, including the notorious North Korean hacking group Lazarus, have laundered approximately $7 billion of illicit cryptocurrencies through decentralized exchanges (DEXs), cross-chain bridges, and coin swap services....

Friend.tech’s Total Value Locked (TVL) has undergone a substantial decline recently, registering its most significant single-day drop of 7.8% in early October, indicating a noteworthy downturn in performance. Additionally, there has been a significant redemption of keys on Friend.tech, with reports of ongoing sim swap attacks casting a shadow over the network. Massive Drop in Friend.tech TVL A data and research analyst, Tom Wan, recently released an X thread exposing the...

The cryptocurrency arena is expectant with optimism as the bull run is imminent around the corner. Ethereum and Bitcoin Spark (BTCS) rank highly as prominent players, sparking enthusiasm and anticipation of high-potential digital assets. ETH excites with its strong market presence, whereas BTCS thrives with its unique features hinting at a promising future. As the crypto sphere evolves, exploring speculations and insights into the potential bull run of Ethereum and Bitcoin...

A Nansen analyst recently published a report diving deep into the Solana ecosystem, exploring the on-chain data, network developments, and other findings. As per the findings, amidst challenges like network halts and the FTX/Alameda saga, the Solana blockchain shows significant resilience and continuous improvements, achieving a 100% uptime year-to-date. Solana’s Performance Till Date The report shared via an X thread by Nansen on Oct. 5 began by highlighting the current TVL...

The cryptocurrency arena is expectant with optimism as the bull run is imminent around the corner. Ethereum and Bitcoin Spark (BTCS) rank highly as prominent players, sparking enthusiasm and anticipation. ETH excites with its strong market presence, whereas BTCS thrives with its unique features hinting at a promising future. As the crypto sphere evolves, exploring predictions and insights into the potential bull run of Ethereum and Bitcoin Spark becomes essential for those...

TL;DR Ripple’s trial against the SEC in April 2024 is pivotal for XRP’s price. Partnerships with banks like HSBC and macroeconomic factors will impact its valuation. XRP is currently more trending than Bitcoin due to recent legal victories. Could XRP Thrive Next Year? The popular AI-powered language model ChatGPT could not directly answer the question of whether the Ripple community will witness a price surge of XRP in 2024. However, it pinpointed several factors that could...