On the 30th of July, four Curve Finance pools were exploited due to a re-entrancy bug made possible by the Vyper programming language. The hackers attacked four mining pools and made off with a total of $73.5 million. Almost immediately, the community sprang into action – Curve itself extended the standard olive branch, offering to treat the incident as a white hat incident in return for 90% of the stolen funds being sent back. Meanwhile, genuine white hats also went after...
Read More »Ripple: Wird 2024 das Jahr von XRP?
Das Jahr 2023 neigt sich dem Ende zu, und viele Investoren und Krypto-Enthusiasten richten ihren Blick auf das kommende Jahr, insbesondere auf Ripple und seine Kryptowährung XRP. Ripple hat in der Krypto-Welt aufgrund seiner einzigartigen Technologie und Partnerschaften mit Finanzinstitutionen stets für Aufsehen gesorgt. Doch wird 2024 das Jahr von XRP sein? In diesem Artikel werfen wir einen Blick auf die möglichen Szenarien. Technologische Innovationen und Partnerschaften Ripple hat sich...
Read More »Nigerian Central Bank Lifts Ban Restricting Banks From Servicing Crypto Clients
The Central Bank of Nigeria (CBN) has lifted a ban preventing banks from operating accounts for cryptocurrency service providers in the country. According to a December 22 circular sent to banks, the affected financial institutions can now open accounts for Virtual Assets Service Providers (VASPs) registered with the Securities and Exchange Commission (SEC) in line with stringent know-your-customer (KYC) and anti-money laundering checks. CBN Eases Crypto Ban In February 2021,...
Read More »2 Bitcoin ETF Hazards: SEC Rejection and Competition From Funds
A U.S. circuit court in Washington D.C. has ordered the Securities and Exchange Commission to revisit its rejection of a Bitcoin ETF application by crypto hedge fund Grayscale. But that doesn’t mean the SEC won’t find new reasons to reject it or any of the dozen other applications. SEC Rejection or Delay Could Tank Bitcoin Price Crypto industry investors and insiders expect the price of Bitcoin and other crypto assets to surge if and when the SEC approves an exchange-traded...
Read More »Is BTC in Danger of Crashing Below $40K in a Vicious Correction? (BTC Price Analysis)
After an extended consolidation phase around the crucial $45K resistance region, Bitcoin’s price is exhibiting slight fluctuations, possibly forming a double-top pattern. The emergence of this pattern could signal a notable downturn in the short term. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart reveals that Bitcoin’s consolidation has prolonged near the critical $45K resistance zone. This significant price range aligns with the upper...
Read More »We Asked ChatGPT if BONK Will be the Biggest Memecoin on Solana Next Year
TL;DR Bonk Inu’s (BONK) Current Status: Bonk Inu, a memecoin on Solana, has seen a 300% price increase recently, with its future performance dependent on market trends, community strength, and regulatory changes. Community and Technological Influence: BONK’s success could be influenced by its community support, social media trends, and technological advancements. Competition from Dogwifhat (WIF): The new Solana memecoin dogwifhat (WIF) has seen a 450% price increase, posing a...
Read More »Das Finanzwesen der Zukunft braucht keinen Platz mehr, sondern Server
Das Finanzwesen der Zukunft: Server statt Platz In einer Welt, die zunehmend von Digitalisierung und technologischer Innovation geprägt ist, steht das Finanzwesen an der Schwelle zu einer radikalen Veränderung. Die Zukunft des Finanzwesens wird nicht mehr durch physische Standorte wie Bankfilialen oder Börsensäle definiert, sondern durch leistungsstarke Server und fortschrittliche IT-Infrastrukturen. Diese Entwicklung ist das Ergebnis einer Reihe...
Read More »Solana Soars Past $100 With 17% Surge, Bitcoin Sluggish Beneath $44K (Weekend Watch)
Bitcoin came close to $44,000 hours ago, but it was rejected there and pushed south by about $500. Most altcoins trade quietly on Christmas Eve, but Solana has gone on a tear once again and has definitively surpassed BNB as the fourth-largest cryptocurrency. SOL Becomes 4th It’s safe to say that Solana’s native token has been at the forefront of the recent price rally among the altcoins. The past week alone brought a 55% surge for SOL. On a daily scale, the asset is up by...
Read More »Artificial Intelligence (AI) Agents Set to Rule the Blockchain: Nansen Reports
In the face of declining prices in the crypto market and rising global interest rates, investors turned their attention to artificial intelligence (AI) this year. Bitcoin will remain the primary focus in the future; experts also suggest that AI will take center stage. According to Nansen’s latest projection, AI agents will dominate the blockchain in 2024, contributing to a more secure and streamlined ecosystem. AI Prominicense Nansen’s forecast for 2024 envisions a pivotal...
Read More »TradFi Embracing Ethereum: Messari Predicts Wall Street’s Attraction to the Blockchain
Messari’s latest newsletter posits that the industry is witnessing crypto’s adolescence, emphasizing that smart contract blockspace is becoming a commodity. CEO Ryan Selkis acknowledged 2023 as Ethereum’s best year yet, citing its status as the strongest network in terms of community size and revenue generation through fees. However, he suggested that the crypto industry is still in its “adolescence” while asserting that smart contract blockspace is evolving into a commodity,...
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