Recently, Gala Game, a popular Web3 gaming project, fell victim to an exploit by an unknown attacker. The attacker, believed to be a compromised or rogue admin address, managed to mint a staggering 5 billion GALA tokens, amounting to over $200 million. The security breach was quickly contained, and the affected wallet was frozen to
Peter Schiff, a well-known gold bug and vocal critic of bitcoin, recently issued a warning about the impact of the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission. Despite bitcoin’s price resurgence above $70,000, Schiff believes that bad news may be on the horizon for BTC if Ethereum ETFs are
The recent surge in Bitcoin and Ethereum prices has left short-term traders reeling from massive liquidations, with over $330 million being wiped out from the crypto market in just one day. According to Coinglass data, more than 78,000 crypto traders have seen their positions liquidated, resulting in significant losses for many. In a surprising turn
Polimec, a newly launched decentralized funding protocol on the Polkadot network, aims to revolutionize how Web3 projects raise capital and issue tokens. Offering a transparent and regulatory-compliant environment, Polimec facilitates connections between investors and startups on a global scale. This innovative platform represents a significant advancement in Web3 fundraising engagement by enabling community members to
The cryptocurrency market has seen a significant surge in activity with experts and investors showing a growing interest in a new Solana meme coin called Sealana (SEAL). This sudden surge in popularity is primarily attributed to the positive momentum in the markets, fueled by expectations of the approval of spot Ethereum ETFs by the SEC.
Fanton Fantasy Football has taken the world by storm, offering football fans a unique way to showcase their passion for the sport. One of the standout features of Fanton is its integration with Telegram, a widely-used messaging app. This integration allows players to participate in the game without the need to download a separate app
Cryptocurrency analyst Jelle has recently identified a falling wedge pattern on Ethereum’s chart, indicating a possible bullish signal in technical analysis. This pattern, coupled with Ethereum’s reclaiming of the 100-day Exponential Moving Average (EMA), suggests a momentum that could lead to a breakout. If Ethereum manages to break past the upper boundary of the wedge,
Recent developments within the SEC have sparked greater optimism surrounding the potential approval of spot Ethereum ETF applications. Bloomberg ETF analyst Eric Balchunas mentioned that there might be a shift in the SEC’s stance, leading to a possible denial reversal. Additional insights from ETF Store President Nate Geraci and analysts James Seyffart further fueled this
The world of cryptocurrency has seen a resurgence in retail investor interest in Ethereum meme coin markets, with the emergence of a new token called Apu causing a stir in the decentralized exchange (DEX) markets. This article aims to delve into the current price trends of Apu and analyze whether another meme coin, Dogeverse, holds
The recent announcement of Michael Sonnhenshein stepping down as the CEO of Grayscale, the world’s largest Bitcoin ETF, has raised eyebrows within the cryptocurrency community. The company press release on Monday disclosed that Peter Mintzberg, currently the global head of strategy at Goldman Sachs’ Wealth Management Division, will be taking over as the new CEO
