In the realm of blockchain technology, Berachain is making headlines with its remarkable rise within a mere 20 days post its Mainnet launch. As an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain, Berachain has quickly established itself as a formidable player in decentralized finance (DeFi). Surpassing established competitors like SUI, Avalanche, and Arbitrum, Berachain achieved
admin
Citadel Securities, a significant player in the financial markets, is reportedly setting its sights on the burgeoning world of cryptocurrency market making. According to a recent Bloomberg News report, the firm is exploring opportunities to enhance liquidity on well-known cryptocurrency exchanges such as Coinbase, Binance, and Crypto.com. This strategic move appears to be aimed at
The recent security breach at the stablecoin bank Infini has sent shockwaves through the cryptocurrency community. With over $49 million in USDC stolen, the incident not only highlights vulnerabilities in decentralized finance (DeFi) but also serves as a cautionary tale about the importance of robust security protocols. On-chain tracking platforms revealed that the breach stemmed
As Bitcoin continues to navigate the complexities of the cryptocurrency market, analysts hold mixed views about its near-term trajectory. The volatility inherent in crypto trading has placed Bitcoin in a precarious position, which has led experts, including crypto analyst Hamed_AZ, to present a spectrum of possibilities. Notably, the sentiment among multiple analysts leans towards the
Recently, Bitcoin’s value has experienced a notable decline, slipping below the crucial 100-day moving average, now situated at $98,000. This downturn is raising eyebrows as it inches closer to the pivotal support level of $95,000. Such a movement is often indicative of increased selling pressure, but what makes the current situation particularly intriguing is the
The cryptocurrency market has been marked by volatility recently, with Bitcoin (BTC) witnessing a decline from its recent high of $96,000. After sustaining this price level over the weekend, Bitcoin encountered resistance that led to worrying dips for traders and investors alike. As the market opened, BTC fell below the psychological barrier of $93,500, marking
The crypto landscape has always been vibrant, tumultuous, and fraught with risks—both financial and reputational. This volatility has recently come to the forefront with OX.FUN, a crypto derivatives exchange tied to the controversial founders of the now-defunct Three Arrows Capital, Su Zhu and Kyle Davies. The exchange faces serious allegations of financial misconduct, compelling the
In the past week, various economic reports have surfaced, indicating potential fragility within the U.S. economy. Most notably, the service-sector Purchasing Managers’ Index (PMI) recorded its lowest reading in over two years, igniting concerns among analysts and investors alike. As the economy grapples with these troubling signs, key data releases—specifically regarding Gross Domestic Product (GDP)
As the world of cryptocurrencies continues to evolve, the demand for stablecoins remains unwavering. The recent announcement from Reeve Collins, a co-founder of Tether, regarding the launch of a decentralized stablecoin named USP marks a significant development in this dynamic space. Set to debut in 2025 on the Ethereum and Solana blockchains, USP aims not
Once predominantly aimed at the elderly, financial fraud is now evolving and seeking younger victims. The emergence of “Pig Butchering” scams marks a troubling shift as tech-savvy individuals in the age bracket of 30 to 49 become the latest targets. In a world increasingly driven by digital transactions and cryptocurrencies, scammers have recognized that younger
