Crypto news

A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams and rug pulls was higher than the amount stolen from decentralized finance (DeFi) projects through exploits and attacks last month. Beosin also discovered that losses from the exploits in May were down 79% compared to April, signaling a continued decline for two consecutive months. Losses From Rug Pulls Surpass DeFi Exploits Over $45 million was lost to crypto...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A company called The Fision is using blockchain to create new apparel. T-shirts, to be precise. The firm creates the shirts and sends them out to potential buyers. The big clincher is that they’re made only from trustfully sourced cotton, and blockchain technology is utilized to ensure that all the shirts sent...

In recent weeks, Ripple’s price has displayed an upward trend, recovering from a notable support level. However, there is still a crucial resistance level that must fall for the market to enter a bullish phase in the coming months. Technical Analysis By: Edris XRP/USDT Daily Chart: The XRP price has consistently increased after bouncing back from the $0.43 support. This level has also been reinforced by the 200-day moving average, while the price has surpassed the 50-day...

Bitcoin’s price is currently going through a phase of consolidation and has reached the 100-day moving average of $26,922. However, two significant support areas ahead on its path could potentially halt the ongoing decline and trigger the next bullish rally. Technical Analysis By Shayan The Daily Chart During the consolidation correction stage, BTC dipped slightly below the middle trendline of the ascending channel and tested it as a pullback. However, the Bitcoin price...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up David Marcus – the former PayPal executive who worked on Facebook’s failed Libra project – believes that after everything that’s happened over the past two years, that bitcoin will still be the face of both money and payments in the future. David Marcus Sees the Promise in BTC Marcus, in a recent interview,...

Meme coins have had a long-lasting impact on the cryptocurrency market as they’ve been cemented into the crypto culture and become an inseparable part of the industry. It all seemingly started with the pioneer Dogecoin (DOGE) back in 2013 when Jackson Palmer and Billy Marcus launched the protocol, giving birth to a subsection of crypto that would be amongst the most explosive ones. PEPE coin seems to be the latest considerable iteration of the meme coin trend, and it also...

The non-custodial decentralized crypto wallet Atomic Wallet – with a reported user base of over five million customers – said some of its users complained about having their digital assets drained. Later reports suggested that numerous users had six figures worth of crypto wiped out, while the largest victim lost nearly $3 million worth of Tether (USDT). The team behind the wallet took it to Twitter yesterday to inform that some users complained about having their accounts...

Bitcoin has remained stuck during the weekend amid the lower trading volumes but still stands above $27,000. The altcoins are also quiet on a daily scale, but several – such as LDO, INJ, and QNT, have produced massive weekly gains. BTC Flat at $27K It was less than a week ago, on Monday when the primary cryptocurrency initiated a massive leg-up that resulted in tapping a three-week high at $28,500. This came after the initial deal reached by the US government in regard to the...

[PRESS RELEASE – Los Angeles, USA, June 2nd, 2023] OvalPixel announced the launch of its groundbreaking blockchain-powered artificial intelligence (AI) trivia game that pays players in crypto tokens. The OvalPixel AI game token with the symbol $OPAIG allows players of all ages and experience levels, from gamers to grandmas, to earn OPAIG utility tokens by correctly answering trivia/quiz questions generated in real-time by OvalPixel’s innovative AI system. We live in an age of...

This year, Ethereum’s network officially transitioned to a Proof-of-Stake consensus algorithm, leaving Proof-of-Work forever behind. One of the multiple implications The Merge has had on the protocol is that there are no longer Ethereum miners. Validators secure the network now, and the path to becoming one is supposed to be tremendously simplified – deposit 32 ETH to the staking contract and run the appropriate software. But it turns out that there’s quite a queue for...