The US Securities and Exchange Commission (SEC) has been making headlines with its aggressive regulatory approach towards crypto companies. In 2024, the SEC imposed a staggering $4.68 billion in fines, marking a significant increase from previous years. This has raised concerns within the crypto industry about the implications of such hefty penalties. Rise in Fines
Gamee, a prominent figure in the mobile gaming industry, is making a significant move into the blockchain gaming realm with its latest creation, WatBird. The focal point of the game is Wat Racer, a fast-paced runner game that challenges players to guide their WatBird through obstacles to earn valuable WatPoints. The mechanics of Wat Racer
The landscape of US crypto exchanges has been experiencing a significant shift in recent months, as highlighted by a report from research firm Kaiko. Coinbase, once the dominant player in the market, has seen its market share decline from over 50% earlier this year to 41% in September. In contrast, smaller exchanges like Bullish have
Grant Thornton, a leading global auditor, recently conducted a thorough review of Liminal’s infrastructure to confirm its security following a hack on WazirX’s systems. The comprehensive audit found no evidence of compromise in Liminal’s frontend, backend, or user interface (UI). This reaffirms Liminal’s assertion that its systems were not compromised in the hack that resulted
Despite its popularity, Ethereum continues to underperform among the top largest cryptocurrencies by market cap. Recently, there has been a bearish movement causing the price to drop, putting many investors in the red. The ongoing trend suggests that the ETH price may fall below $2,000 once again. Amidst the downward trend, there is still a
Bitcoin (BTC) faced a significant price drop over the weekend, triggered by the release of August nonfarm payrolls (NFP) data that failed to meet analysts’ expectations. The cryptocurrency experienced a sharp decline of nearly 5%, falling below the $54,000 mark, its lowest level since early August. This downward trend led to the liquidation of $200
Friend.tech’s recent decision to relinquish control of its smart contracts and transfer ownership to Ethereum’s null address has sent shockwaves through its ecosystem. This move has not only had a significant impact on the platform’s value, particularly the FRIEND token, but has also raised questions about the platform’s sustainability and future prospects. By effectively locking
The cryptocurrency market is always full of excitement and uncertainty, with Bitcoin being the focal point of most discussions. Recently, crypto analyst Daan Crypto brought attention to a Bitcoin Rainbow Chart, offering valuable insights into the current price action of the leading cryptocurrency. This article aims to delve deeper into the analysis and provide a
The United States Federal Bureau of Investigation (FBI) recently issued a warning about the increased level of attacks from North Korean hackers targeting the cryptocurrency industry and companies connected to digital asset investment products. These attacks are not your typical cyber threats; they are highly sophisticated social engineering tactics that can easily deceive even the
Since the Merge two years ago, Ethereum has been struggling to maintain its performance relative to Bitcoin. Once hailed as ultra-sound money, the reputation of ether (ETH) has taken a hit, with the coin teetering on the edge of undervaluation. The transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism on September 15, 2022, marked
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