The recent breach of Trezor’s official Twitter account has sent shockwaves through the cryptocurrency community. This incident, likely orchestrated through a SIM swap attack, resulted in a flood of fraudulent messages promoting fake token sales and wallet scams. The compromised account posted about a fictitious “$TRZR” token presale on the Solana network, leading unsuspecting users
Recently, XRP saw a significant spike in price on a cryptocurrency platform, ultimately reaching an all-time high of $74. However, this spike was short-lived and was later revealed to be a glitch on the Atlantis Exchange. This glitch occurred shortly after the platform introduced trading services with XRP, leading to false hope among investors. It
The ongoing legal dispute between Ripple and the United States Securities and Exchange Commission (SEC) is reaching a pivotal moment as the trial date has been scheduled for April 23. This lawsuit dates back to December 2020 when the regulator accused Ripple of conducting an unregistered securities offering by selling XRP tokens worth over $1.3
Bitcoin, the flagship cryptocurrency, has exhibited strong bullish fundamentals despite its recent price decline. On-chain analysis from CryptoQuant has revealed a significant drop in the supply of Bitcoin on exchanges over the past four years, signaling a reduction in selling pressure. This trend, coupled with increasing demand for Bitcoin, suggests a bullish sentiment within the
Bitcoin has recently experienced a significant decline, dropping from its high of over $73,600 to under $60,800. This -17% loss in value has sparked a wave of discussions among crypto experts on social media platforms like X, with users dissecting the potential reasons behind this downturn and pondering the future of the leading cryptocurrency. Respected
A recent ruling by a Federal High Court in Nigeria has put pressure on Binance, the world’s largest cryptocurrency exchange, to hand over detailed information about its local users to the Economic and Financial Crimes Commission (EFCC). This court order is part of the ongoing investigation into Binance’s alleged involvement in the devaluation of the
In the midst of the Solana meme coin frenzy, a new player has emerged in the form of Kermit (KERMIT) token. The market has witnessed an astounding surge of 600x in just 24 hours, showcasing the potential of this frog-themed token. However, a closer look at the price analysis of KERMIT suggests that there may
The recent delay in the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has raised significant concerns within the crypto community. Investment firms such as VanEck, Ark Invest, Hashdex, and Grayscale have all been affected by these delays, sparking discussions about the future of crypto
In the constantly evolving world of non-fungible tokens (NFTs), innovation is key to staying ahead of the curve. Enter the ERC-7231 token standard, a groundbreaking advancement that aims to revolutionize NFTs by introducing new features and capabilities. Developed as an extension of the widely adopted ERC-721 standard, ERC-7231 is set to transform the NFT landscape.
The UK Financial Conduct Authority (FCA) recently made headlines with its announcement to recover $8 million in costs associated with the supervision of stablecoins and cryptocurrencies. This move is expected to have a significant impact on the UK market and all entities operating within it. The FCA’s plan to recover £6.4 million through fees imposed
