The crypto market recently experienced a seismic shift with the approval of the spot Bitcoin ETF, a move that significantly impacted various cryptocurrencies, including Cardano (ADA). This event spurred a notable price increase for ADA, pushing it to a peak…
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SEI Token’s Rise: 1390% Surge Positions It Among Top 50 Largest Cryptocurrencies
In the dynamic and ever-evolving landscape of cryptocurrencies, the SEI token has emerged as a remarkable story of rapid growth and potential. Since its launch in August 2023, the SEI token, the native digital currency of the Sei blockchain, has…
Bitfarms (NASDAQ: BITF )Earned 446 Bitcoin in December 2023 and 4,928 Bitcoin for the Full Year
Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global Bitcoin mining company, has reported impressive achievements for the year ended December 31, 2023. The company surpassed its hash rate and capacity, i.e., 446 BTC in December and 4,928 BTC for 2023, ending…
Manta Pacific: $370M TVL Surge, 7th Largest Ethereum Layer 2, New Paradigm Airdrop & Investor Opportunities
Manta Network’s Ethereum Layer 2 blockchain, Manta Pacific, has experienced an extraordinary surge in its total value locked (TVL), soaring to nearly $370 million within a mere two weeks. This remarkable growth can be attributed to the upcoming airdrop event…
Fair Value Accounting Principles Adoption for Bitcoin -Michael Saylor’s Optimistic View
MicroStrategy CEO, Michael Saylor, has recently expressed interest and enthusiasm surrounding the newly approved adoption of fair value accounting principles for Bitcoin and other cryptocurrencies. In a tweet, Saylor highlighted the FASB’s (Financial Accounting Standards Board) official embrace of fair…
Ledger Connect Kit Exploit Exposes DApp Users to Wallet Draining Attack: Timeline, Root Cause Analysis, and Preventive Measures
On the 14th of December 2023, Ledger, a prominent hardware wallet provider, detected an exploit that targeted DApps utilizing the Ledger Connect Kit. This exploit involved the injection of malicious code into the affected DApps, deceiving users into signing transactions…
Demystifying Cryptocurrency Tax: Navigating the Complexities of Crypto Taxation for 2024
In the vast and rapidly evolving landscape of cryptocurrency, a key aspect that often perplexes enthusiasts, investors, and traders alike is the intricate web of taxation. As digital assets become more mainstream, governments around the world are grappling with the…
17.79% Plunge: SafeMoon’s Resilience in the Face of Setbacks and a Path Towards Recovery
SafeMoon, a prominent cryptocurrency, recently faced significant setbacks that led to a decline in its price and raised questions about its future. However, amidst these challenges, SafeMoon has demonstrated resilience and a commitment to navigate the storm. In this comprehensive…
El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’
The nation in Central America, led by Nayib Bukele, has teamed up with the controversial stablecoin Tether for a new venture. On Thursday, the El Salvadoran government, in collaboration with Tether, introduced a joint initiative named “Adopting El Salvador Freedom.”…
US Government’s Crypto AML Measures: Impacting the National Defense Bill
Key Highlights: The United States government has recently removed two provisions from the National Defense Authorization Act (NDAA). Specifically targeting Anti-Money Laundering concerns associated with crypto currency. Revoking NDAA Provisions: A Closer Look Among the various provisions excised from the…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
