In a surprising move, Justin Sun, a top representative for the crypto exchanges HTX and Poloniex, recently announced plans to reward users and cover losses. On November 24th, Sun took to social media to express his deepest apologies to the users affected by the hacker attacks on HTX and Poloniex and reassured them that all
Bitcoin, the world’s most popular cryptocurrency, has experienced substantial growth in price performance this year. With the cryptocurrency currently up over 125% in 2023, many analysts, including the well-known crypto analyst PlanB, believe that this upward trend will continue. Based on his analysis of Bitcoin’s realized price, PlanB suggests that we might be nearing the
During Binance Blockchain Week, I had the extraordinary opportunity to sit down with Richard Teng, the newly appointed CEO of Binance. As the former Head of Regional Markets for Binance, Teng witnessed the rapid growth of the cryptocurrency industry firsthand. He shared his fascination with the foray of cryptocurrencies into traditional finance circles during a
European Central Bank President Christine Lagarde recently revealed that her own son had experienced significant financial loss as a result of investing in cryptocurrency. Lagarde disclosed that her son had disregarded her warnings and ultimately lost “almost all” of his invested funds. This incident serves as a cautionary tale, highlighting the potential risks and volatility
Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. However, the success of Blast network has not come without controversy. Polygon Labs developer relations engineer Jarrod Watts recently raised concerns about the network’s security
The Investment Association has announced that the U.K. has given the green light to a project that allows authorized funds to develop tokenization within the investment sector. With the aim of enhancing efficiency, transparency, and competitiveness, this initiative is part of a collaborative effort between the Technology Working Group of the government’s Asset Management Taskforce,
In the world of cryptocurrencies, Bitcoin and Cardano are currently attracting the attention of investors and analysts. The crypto analyst behind the popular YouTube channel Crypto Capital Venture has expressed his belief that both Bitcoin and Cardano could be on the verge of significant breakouts in the near future. While he stops short of calling
The price of NEO’s native settlement token, GAS, has experienced a significant surge, with an increase of 11.5% despite a notable retracement. Traders have been flocking to acquire GAS tokens following the announcement that it will be used for settlement on NEO’s sidechains. This surge in demand has resulted in moments of divergence, where the
This week, Ethereum has experienced a 4.7% price increase, bringing it closer to the key resistance level of $2,100. While this level has been tested before this month, a potential breakout could pave the way for ETH to reach new highs. The momentum remains bullish, with sellers struggling to contain the uptrend. This increases the
Shiba Inu (SHIB) burn tracker, Shibburn, has recently raised concerns about the creator of the meme coin, who goes by the pseudonym “Ryoshi”. The community project has alleged that Ryoshi’s actions are not in the best interest of the SHIB ecosystem. These allegations highlight potential dishonesty and greed that may have hindered the growth of
