Bitcoin, the king of cryptocurrencies, experienced a rollercoaster ride in the past few days. The market witnessed significant volatility due to vulnerability issues reported by Ledger, a major wallet company. This article explores the twists and turns that Bitcoin took, along with the performance of other altcoins in the market. Bitcoin soared to a 19-month
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Ordinals critics argue that inscriptions, particularly BRC-20 tokens, are causing a denial of service attack on regular Bitcoin (BTC) transfers. However, on-chain analysis conducted by lead Glassnode analyst James Check challenges this claim. According to Check, the majority of Bitcoin block space is still filled with normal monetary transactions, with inscriptions simply occupying any remaining
As the world of cryptocurrencies continues to evolve, so do the tactics employed by scammers and fraudsters. One such tactic that has been gaining prominence is called “Approval Phishing.” It is a malicious approach that specifically targets crypto users, exploiting their trust and familiarity with blockchain transactions. Traditionally, scammers would distribute fraudulent crypto apps to
In the midst of a volatile market, Bitcoin has made a strong comeback. After dipping below the $41,000 mark, the cryptocurrency’s bulls have returned, pushing the price north and beyond $43,000. This resurgence has not only affected Bitcoin but also the altcoin market, with several coins standing out in the green. Over the weekend, Bitcoin
In recent discussions among experts in the crypto industry, one recurring topic that has surfaced is the potential of Tether becoming the de facto central bank digital currency (CBDC) of the world. This speculation follows comments made by Cantor Fitzgerald CEO Howard Lutnick, who expressed his support for Tether, stating that he holds their treasuries
Coinbase Global Inc. is making significant strides in expanding its services internationally to cater to users who have reservations about U.S.-based platforms. This move aims to provide a seamless and enhanced trading experience while overcoming regulatory uncertainties. With its stock value steadily rising, Coinbase is determined to solidify its position as a cornerstone of the
Bitcoin and the altcoin market continue to grapple with the recent market decline, resulting in a relatively stagnant price for Bitcoin around $41,000. Altcoins have also been affected, with tokens like SOL and AVAX experiencing significant losses. Despite recent highs, Bitcoin’s price pump to $44,700 was short-lived, as bears quickly reminded investors of their presence.
In a recent announcement by the National Vulnerability Database (NVD), a critical vulnerability has been identified in Bitcoin. This vulnerability has the potential to impact the Ordinals Protocol, which was developed in 2022. The NVD, overseen by the National Institute of Standards and Technology (NIST), plays a crucial role in cataloging and disseminating information about
Bitcoin’s highly anticipated halving event is drawing closer, and investors are eagerly speculating whether it will ignite another remarkable bull market like those seen in the past. Mitchell Askew, Head Analyst for Blockware Solutions, believes that not only will the halving bring forth further gains, but its impact will continue to maintain exponential strength in
Tax evasion has become a significant area of focus in cryptocurrency investigations, according to a report from the Internal Revenue Service (IRS) criminal investigations division. In the previous fiscal year alone, more than half of all probes conducted were related to tax matters. This represents a shift from three years ago when money laundering dominated
