In a momentous historical event, Argentina has made a groundbreaking stride by electing its first-ever pro-Bitcoin President. The results of the presidential election, announced on November 19, showcased a victory for Javier Milei, a right-wing libertarian and an advocate for Bitcoin. With nearly 56% of the votes, Milei emerged victorious, paving the way for a
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Celestia, a rapidly growing modular blockchain layer-1, has experienced a significant rally following the TIA airdrop. Unlike other airdrops such as Arbitrum, TIA has managed to maintain an upward trajectory even after the distribution, thanks to limited sell pressure. This success has garnered excitement among participants and has raised questions about the future of Celestia.
The blockchain gaming industry has experienced impressive growth in October 2023, as highlighted in a report by DappRadar and the Blockchain Gaming Alliance. With a milestone of 1 million daily unique active wallets (dUAW), the industry has seen a 16% increase compared to the previous month. This significant figure accounts for one-third of the overall
The company behind Atomic Wallet, an Estonian firm, has requested a United States court to dismiss a class action suit seeking damages from a $100-million hack. The suit alleges that Atomic Wallet failed to provide adequate security measures, resulting in the exploitation of the wallets of up to 5,500 users. However, the company argues that
In a recent incident, Kronos Research, a market maker, trading firm, and venture capital fund based in Taipei, suffered a breach of its security system, resulting in the withdrawal of significant amounts of crypto assets. The company disclosed the security incident on social media, announcing that unauthorized access had been made to its API keys.
The year 2023 has witnessed a significant surge in the focus on digital asset regulation, with various legal frameworks proposed worldwide to enhance the safety and integrity of the industry. Among these frameworks, the European Union’s adoption of the Markets in Crypto Assets (MiCA) framework stands out. While many countries acknowledge the importance of implementing
The week ending Sat, Nov 18 marked a downturn in XRP token prices. After experiencing a significant surge from $0.49 to $0.72 in mid-October, XRP fell to $0.61 by Sunday morning Tokyo time. This decline has sparked speculation among investors about the future of the cryptocurrency and its potential impact on the ongoing Ripple lawsuit.
The world of non-fungible tokens (NFTs) has gained immense popularity in recent years. However, it is not without its challenges. Scalability, security, and user-friendliness are some of the key concerns plaguing the NFT space. As the number of transactions increases, networks like Ethereum can experience slow speeds and high fees, leading to delays and frustration
It has been a year since the demise of the FTX exchange, an event that had a significant impact on the cryptocurrency market. The collapse resulted in a loss of nearly $300 billion in market cap, affecting various cryptocurrencies. Tokens with deep financial ties to FTX, such as Solana (SOL), Serum (SRM), and the native
A recent study conducted by TRM Labs has shed light on the slowing growth rate of crypto-denominated fentanyl sales in 2023. This revelation marks a significant decline from the average growth rate of 155% recorded since 2019. Examining data from over 100 online vendors of fentanyl and its precursors, TRM Labs discovered that these sales
