Month: June 2024

While the fast-moving world of cryptocurrencies usually spotlights digital innovation, a new trend showcasing the integration of real world assets (RWA) is gaining traction. Recently, these RWAs are sharing the limelight with AI altcoins, showcasing a surge in popularity and investment interest. RWAs represent items of tangible value, including real estate, commodities, and physical assets, […]

Centralized Exchanges Experience Surge in Bitcoin Deposits Recent blockchain analytics have highlighted a considerable movement of Bitcoin into centralized exchanges. Within a span of just a few days, more than 14,000 BTC have been transferred to these trading platforms. This inbound activity is the most significant seen in nearly a month, suggesting changes in investor […]

As the world of cryptocurrencies evolves, new players are entering the field, poised to challenge established platforms like Solana. Two digital currencies, MultiversX and Radix, have emerged with new implementations that aim to vastly improve scalability and transaction efficiency within the blockchain ecosystem. MultiversX (EGLD): Innovator in Sharding Technology MultiversX is revolutionizing the blockchain scene […]

Floki Inu, the project behind the popular meme token, has raised a flag of concern for its investors, alerting them about fraudulent actors circulating deceptive information. The Floki Inu community has been specifically warned against claims of their tokens being traded on unauthorized platforms such as Base or Solana, which the project states is false […]

Ripple Labs has triumphed in a significant portion of a class-action lawsuit as the presiding judge in the Northern District of California court has decided to strike down a majority of the accusations against the company, with the exception of one minor state law claim pertaining to purportedly deceptive statements. This win narrows down the […]

Ethereum enthusiasts had been revving their engines in anticipation of a landmark event in the cryptocurrency arena: the prospective unveiling of the first spot Ethereum ETF around July 4th. However, a sudden twist occurred as the US Securities and Exchange Commission (SEC) interrupted this trajectory by returning applications to the issuers, postponing this breakthrough in […]

Bitcoin (BTC) could be gearing up for a surge following its previous month’s downtrend, as suggested by cryptocurrency market analyst Ali Martinez. Analyzing historical patterns, Martinez has observed that Bitcoin often experiences a resurgence in July, particularly after a dip in June. In the previous month, the leading cryptocurrency’s value declined, but data underlines a […]

Ripple Labs and its CEO, Brad Garlinghouse, are in the limelight once again after a recent court ruling. A class action suit accusing the XRP token issuers of securities violations was largely dismissed by Judge Phyllis Hamilton in a California District Court. The dismissal led to a celebration within the XRP community. However, a minor […]

The digital currency landscape has recently witnessed a welcomed trend of declining losses from malicious activities. Cybersecurity data compiled by the esteemed Immunefi platform indicates a notable drop in funds lost to cybercriminals in 2024, relative to the previous year. Specifically, losses have plummeted by 20% as the year-to-date figures gravitate around $473 million, spread […]

Vitalik Buterin Calls for More Meaningful Crypto Regulations The co-founder of Ethereum, Vitalik Buterin, has conveyed a need for a more effective regulatory framework for cryptocurrencies in the United States. His concerns, voiced during a conversation on Warpcast, revolve around the current regulatory standards that seem to accommodate crypto projects that only offer ambiguous expectations […]