Gamma Strategies – a DeFi protocol built on the Ethereum blockchain – fell victim to an exploit, resulting in a loss of approximately $3.4 million. In response to the attack, the protocol swiftly implemented measures to prevent further losses, temporarily disabling deposits to all public DeFi vaults while keeping withdrawals active for users in need of accessing their funds. The exploit was initially identified by blockchain investigator PeckShield on January 4, which was...
Read More »Important Binance Announcement Affecting These 12 Cryptocurrencies
TL;DR Binance has added 10 digital assets, including privacy coins like Monero (XMR) and Zcash (ZEC), to its closely monitored list, with potential risks of delisting based on various criteria. Other exchanges like OKX are also scrutinizing privacy coins, aligning with international regulatory trends concerning these types of cryptocurrencies. Binance to Pay Special Attention to These Cryptocurrencies The world’s largest cryptocurrency exchange – Binance – announced the...
Read More »Former Citigroup Execs Plan to Launch Bitcoin Securities Not Needing SEC Approval
A group of former Citigroup Inc. executives, along with Franklin Templeton, BTIG, and Broadhaven Ventures, are set to offer securities backed by Bitcoin that they claim do not require approval from U.S. regulators. As the debate and anticipation surrounding the approval or denial of spot Bitcoin ETFs intensify, the executives’ efforts look at an alternative approach to providing exposure to BTC. Bitcoin Depositary Receipts to Offer Access to Bitcoin Securities The new...
Read More »Shiba Inu Hits Another Major Milestone: What About the SHIB Price?
TL;DR Shibarium, Shiba Inu’s layer-2 solution, has seen substantial growth in terms of transaction volume. The network’s advancement could boost SHIB’s price through increased community engagement and investor interest. Despite a slight recovery, SHIB’s overall value is down on a weekly basis. The popular memecoin Shiba Inu (SHIB) has once again made the headlines thanks to its layer-2 blockchain solution – Shibarium. According to Shibariumscan, total transactions on the...
Read More »Quick Flush or a Sign of Deeper Correction for BTC: Yesterday’s Crash In-Depth (Bitcoin Price Analysis)
Bitcoin’s price experienced a massive drop yesterday, fluctuating over 10% in 24 hours. While the cryptocurrency has yet to break below any significant support level, analyzing the root of this move and what it means for the market is essential. Yesterday’s crash, albeit caused by a questionable report, provides some insightful data from a technical perspective. Technical Analysis By TradingRage The Daily Chart On the daily chart, it is evident that the price has been...
Read More »Im April 2024 findet das nächste Halving statt
Das sogenannte Bitcoin Halving (dt. Halbierung) ist eine regelmäßige Halbierung der Belohnungen in Form von Bitcoin, die die Miner für die Bereitstellung ihrer Rechenkapazitäten erhalten. Diese Belohnung wird in Form von Bitcoin ausgezahlt. Das nächste Halving-Event im April 2024 ist ein bedeutendes Ereignis in der Welt der Kryptowährungen, insbesondere für Bitcoin. Das Halving, das ungefähr alle vier Jahre stattfindet, ist ein Mechanismus, der in...
Read More »Warum sie 2024 einen Bitpanda Account eröffnen sollten
Das Jahr 2024 markiert eine aufregende Zeit für digitale Innovationen und finanzielle Möglichkeiten. Eine der herausragenden Plattformen, die Aufmerksamkeit verdient, ist Bitanda. Hier sind einige überzeugende Gründe, warum die Eröffnung eines Bitanda-Accounts in diesem Jahr eine kluge Entscheidung ist. 1. Fortschrittliche Technologie Bitanda hat sich durch die Implementierung neuester Technologien in der Blockchain- und Kryptowährungswelt hervorgetan. Die Plattform bietet verbesserte...
Read More »EOS Price Analysis: Upsides Could Be Capped Near $0.825
EOS price started a fresh decline after it failed to clear $0.900 against the US Dollar. The price is now trading below $0.825 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.860 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.804 and $0.825 resistance levels. EOS price is struggling below $0.825 against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Protect This Uptrend Support
Litecoin started a fresh decline from the $78.00 resistance zone against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There was a break below a key contracting triangle with support at $72.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $60.00 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...
Read More »Radiant Capital Flash Loan Attack Leads to $4.5 Million Loss
Cross-chain lending protocol Radiant Capital has suffered a hack resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million, according to blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol featuring cross-chain functionality built using LayerZero technology. As of the latest data from DefiLlama, the protocol has around $315 million in total value locked. Radiant Capital...
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