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Crypto Hack Decline in Q1 2023: Temporary Relief or Calm before Storm

Despite a decline in crypto hacks in Q1 2023, the article warns that it is likely a temporary break before a potential surge in attacks. Crypto hacks significantly decreased during Q1 2023 compared to 2022, according to a report by blockchain intelligence company TRM Labs. According to the TRM Labs study reported by Cointelegraph, the amount stolen in cryptocurrencies dropped dramatically from nearly $30 million to less than $11 million compared to the quarters of 2022. “The average...

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Bitcoin’s 13th Pizza Day: Reflecting on the Transaction that Changed Crypto History

Today- May 22 – is the 13th anniversary of Bitcoin Pizza Day, a historic event that marked the first time BTC was publicly used as a medium of exchange. On 22 May 2010, Laszlo Hanyecz, a programmer and early Bitcoin adopter, forever etched his name in history by purchasing two Papa John’s pizzas for 10,000 BTC. As the world celebrates the 13th Bitcoin Pizza Day, let’s reflect on the astronomical growth that Bitcoin has achieved, both in value and as a viable payment method...

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Cardano Due for a Price Explosion? Consolidation at $0.36 Tightens (ADA Price Analysis)

With the price consolidating under the key resistance, ADA may attempt a breakout. Key Support levels: $0.36, $0.34 Key Resistance levels: $0.38, $0.40 The price has formed a double bottom with good support at 36 cents. As long as this key level holds, bulls have a good chance to take ADA’s price to the resistance at 38 cents. A breakout above it would confirm the end of this correction that started in April. Chart by TradingViewTrading Volume: The volume continues to be low,...

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Top Web3 Builders Back RedStone’s Cross-Chain Expansion with $350K Angel Round

[PRESS RELEASE – Please Read Disclaimer] BAAR, Switzerland – May 22, 2023 – RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by recognized Web3 leaders including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski, and Emin Gün Sirer. The support from a host of Web3 pioneers demonstrates the pronounced need for diverse and efficient oracle options across the industry. With presence...

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LOVESNOOPY Announces 85.0246% of Tokens Burned

[PRESS RELEASE – Seattle, USA / Washington, May 22nd, 2023] LOVESNOOPY, a meme coin inspired by the beloved original dog character Snoopy, has announced the burning of 65% of its total supply on May 21st, which, when combined with previous burns, amounts to 85.0246% tokens burned. The current price of $0.00000005928, the market capitalization of LOVESNOOPY stands at approximately $8.26 million USD. I LOVE SNOOPY, a project that boldly launched with the vision of becoming the...

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The Ethereum Shapella Upgrade Occurred; Now What?

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up April saw the next big Ethereum update take place, and analysts are weighing in on what it can do for the world’s second largest digital currency by market cap (and the primary competitor to bitcoin) in the long run. Ethereum Endures Its Second Major Upgrade in 7 Months This is the second major upgrade to...

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Huobi Ordered to Cease Operations in Malaysia after Failure to Comply with Local Regulations

The Malaysian SC has urged the local investors to immediately cease trading via Huobi Global, withdraw their investments, and close their accounts. A leading centralized crypto firm Huobi Global Limited and its Chief Executive Officer Leon Li have been accused of operating a digital asset exchange in Malaysia without registration. As a result, the Securities Commission of Malaysia (SC) has ordered the cryptocurrency exchange to immediately cease operations within its jurisdiction. Notably,...

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EU Slaps $1.3B Fine on Meta for Violating GDPR EU User Data Protection Laws

On Monday, the EU imposed a record $1.3 billion fine on social media giant Meta for transferring EU user data to the US.  Meta Platforms Inc (NASDAQ: META) recently incurred a record 1.2 billion euros ($1.3 billion) fine from the European Union (EU) for privacy violations. European privacy regulators alleged that the Facebook parent unlawfully transferred data from European users to the US. The Irish Data Protection Commission (DPC), which announced the penalty, also ordered Meta to cease...

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Bitcoin (BTC) Headed for Massive Price Moves Soon, According to This Metric

Although typically regarded as a volatile asset with major price fluctuations, bitcoin has been stuck in a tight range for the past several days. However, all that could change in the following days, at least according to similar historical developments. Aside from a price dive on May 12 to a two-month low, BTC’s recent performance has been rather uneventful. The asset went to a high of $27,600 last week and then dipped by a grand, which was the most substantial price move of...

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Ryanair Posts Impressive FY23 Profit as It Capitalized on Its Oil Hedging Positions

The aviation business faces numerous problems and uncertainties, including fuel pricing, regulatory changes, geopolitical events, economic conditions, and competition from other carriers. Ryanair Holdings Plc (NASDAQ: RYAAY) one of the largest and most well-known low-cost carriers in Europe has reported a full-year net profit pegged at 1.43 billion euros ($1.55 billion). This record was boosted by increased traffic and rates, as well as favorable oil hedging positions of which it recorded...

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