Scams in the cryptocurrency industry are nothing new and the meme coin community, especially, has long been a target of wrongdoers. The Shiba Inu team has come up with another critical warning, trying to protect its users from exploiters who try to drain their wallets by prompting various actions. Important Warning for the Shiba Inu […]
Stock markets have shown signs of recovery, but the same cannot be said for crypto markets, which are facing heavy resistance. Volatility could tick up again as all eyes will be on the Federal Open Market Committee (FOMC) meeting and minutes this week in addition to economic data reports. Economic Events Aug. 19 to 23 […]
New research by Chainplay highlights a staggering 97% failure rate for meme coin projects since 2024. The data shows that meme coins have an average lifespan of just one year, while typical crypto projects last about three years. The Mortality Rate of Meme Coin Projects According to AlphaQuest, a crypto research tool, an average of […]
Investigations into a multi-million dollar hack on the omnichain tokenization platform Holograph have begun to yield results. French authorities have arrested two individuals who may have been involved in the attack. According to a tweet by the official Holograph X account, the Italian Directorate of Anti-Mafia Investigations, in collaboration with multiple enforcement agencies, including Europol, […]
The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At the same time, the miner hash price has plunged to a record low. According to a report from CryptoQuant, Bitcoin’s hashrate currently stands at 627 exahashes per second (EH/s), representing a significant recovery from an […]
For the week ending Aug. 17, Bitcoin price continued its shaky action, even as low consumer inflation signaled an upcoming dollar supply glut and the S&P 500 Index rallied. The latest U.S. consumer inflation readout gave the Fed more ammo to justify a big rate cut in September. That’s bullish news for Bitcoin, because more […]
On Aug. 15, crypto compliance and research firm Chainalysis released the first part of its 2024 crypto crime report. The firm revealed that aggregate illicit activity on-chain has dropped by 19.6% year-to-date, down from $20.9 billion to $16.7 billion. It added that this demonstrates “that legitimate activity is growing more quickly than illicit activity.” Part […]
Ethereum has entered a consolidation correction phase, retracing back toward the broken lower boundary of the multi-month wedge. This movement suggests a potential pullback to the previously breached level, indicating a likely continuation of the bearish trend in the upcoming days. Technical Analysis By Shayan The Daily Chart A closer examination of Ethereum’s daily chart […]
A new financial disclosure has revealed that Trump has millions of dollars invested in crypto – an industry that’s become a clear target of his electoral campaign. Yet despite his many specific appeals to Bitcoin investors, there’s no evidence that the former president holds any BTC himself, as opposed to smaller alternatives. Trump’s Crypto Portfolio […]
Blockchain investigator ZachXBT has released information regarding North Korean developers who allegedly stole $1.3 million from a project’s treasury. The theft was carried out when the devs, who had been hired using fake identities, injected malicious code into the system, which allowed the unauthorized transfer of funds. ZachXBT Uncovers Crypto Workers Scheme ZachXBT explained on […]