Crypto news

[PRESS RELEASE – London, UK, February 17th, 2024] A Gateway to the Build the Future of Blockchain In a landscape where innovation meets expertise, MercureDAO emerges as the leading Web3 Incubator, standing ready to guide crypto projects towards success in this dynamic arena. Key Achievements: 30+ Project Incubated Helped to raise $20 Million 600+ Key Opinion Leaders 7+ Years in Building Web3 Projects Services That Elevate: From project incubation & connections to...

In spite of the fact that Coinbase has always been one of the most well-known trading platforms, business within the past few years hasn’t been much easier for them than lesser-known exchanges. Between crypto winter, an ongoing lawsuit, the need for personnel reductions, and the other expenses of running a business, Coinbase has suffered business contraction for about two years now. However, the exchange’s fortunes have changed. First Profitable Quarter in Two Years...

Bitcoin’s (BTC) uptick by more than 15% this week has caused the asset to hit new all-time highs (ATHs) against several depreciating fiat currencies. With the leading cryptocurrency recording new highs against the Argentine peso (ARS), the Japanese yen (JPY), the Turkish lira (TRY), and the Nigerian naira (NGN), anticipation is rising about when it will register an ATH against the United States Dollar (USD). BTC Records New Highs As reported by CryptoPotato earlier this week,...

After numerous consecutive days of charting impressive gains, Bitcoin has calmed at just under $52,000. The altcoins have also stalled following the recent price surges, with ETH dipping below $2,800 and AVAX slipping below $40. BTC Calms Below $52K The primary cryptocurrency had a highly impressive run over the past ten days. It all started on February 7 when the asset finally broke out of its tight range in which it stood for a week – at around $43,000. The bulls took...

A renowned member of the Shiba Inu team and SHIB influencer, Lucie, recently issued a warning to the SHIB community ahead of the upcoming debut of the SHEboshis NFTs, a new collection within the Shiba Inu ecosystem. SHEboshis NFTs will be tradable on Uniswap and ShibaSwap, with plans to bridge to Shibarium in the future. The SHIB team aims to initiate the next phase of Shib NFTs by releasing the first claimable set to SHIboshi holders for free. However, SHEboshis – based on...

Scammers have taken their tactics to the next level and are now using real funds in address poisoning attacks. A recent incident where a victim lost nearly $50k was brought to light through a post on X by Cyvers Alerts, a platform dedicated to raising awareness about online threats. Crypto Users Targeted with Real ETH An initial post warned of the new phishing scam targeting crypto users, stating, “Beware of a new phishing scam targeting #crypto users! Scammers are now...

A 51% attack occurs when a single network miner or group of miners controls more than half of a blockchain network’s hash rate. Theoretically, this would enable the attacker to block transactions from taking place in the blockchain, alter the sequence of new transactions, and potentially revert past transactions (referred to as “double spending”) by tampering with blockchain data. However, a recent study indicates that executing such attacks is financially unviable within the...

South Korea’s crypto landscape was dominated by Upbit for the longest time. However, there seems to be a shift underway as Bithumb gains momentum, gradually capturing Upbit’s market dominance. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Bithumb’s Market Share Peaks at 72% Crypto trading activity in South Korea has seen a notable increase, particularly in light of the broader market...

Representatives from crypto giants Coinbase and Circle have urged the U.S. government to crack down on non-compliant international digital asset firms – some of which include their biggest competitors. Grant Rabenn, Legal Director of Financial Crimes at Coinbase, told Congress on Thursday that criminals are seeking out “offshore platforms” to avoid anti-money laundering rules enforced by “onshore regulated exchanges.” Coinbase VS Offshore Exchanges Such entities, Rabenn...

The interest in spot Bitcoin ETFs among financial institutions such as banks and brokerages is surging as they push for the Securities and Exchange Commission (SEC) to change the definition of crypto assets. Under the new definition, they would have a bigger role in crypto, such as being Bitcoin ETF custodians. Banks Petition SEC for Crypto Revisions On February 14, a coalition of trade groups, including the Bank Policy Institute, American Bankers Association, Financial...