In the wake of Pavel Durov’s arrest in France over the weekend, a surge of celebrities and well-known public figures have come forward to show their support for the embattled entrepreneur. The list of supporters includes high-profile names such as Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson. Durov’s arrest in France on
Cardano, one of the leading cryptocurrencies in the market, has announced a delay in the highly anticipated Chang hardfork to September 1, 2024. This decision has been made to allow major platforms like Binance more time to prepare for the upgrade. Founder Charles Hoskinson mentioned that while the Chang upgrade is technically ready, giving additional
Ethereum (ETH) appears to have weathered the storm, with key metrics pointing towards a potential new all-time high on the horizon. According to data from Glassnode, Ethereum’s market value to realized value (MVRV) currently sits at its lowest pricing level of $1,687. This suggests that the worst may be over for the second-largest cryptocurrency by
Bitcoin Exchange-Traded Funds (ETFs) have been on a remarkable streak recently, with over $500 million flowing into the largest US-based products in the last trading week. On the contrary, Ethereum ETFs are facing challenges, characterized by low trading volumes and frequent withdrawals. The beginning of the month was rocky for spot Bitcoin ETFs, as they
In the volatile world of cryptocurrencies, it is not uncommon for market corrections to trigger panic among investors. The recent Bitcoin crash below $50,000 on August 5 is a prime example of this phenomenon. Many short-term holders, defined as investors who hold onto their assets for a brief period, were quick to liquidate their positions
The recent statements by Federal Reserve Chairman, Jerome Powell, regarding the possibility of future interest rate cuts have sent ripples through various financial markets. This potential shift in monetary policy is not only expected to impact traditional markets but could also have significant implications for the cryptocurrency sector. In this article, we will explore how
Samuel Edyme, also known by his nickname HIM-buktu, is not your typical web3 content writer. His background is a testament to his resilience and determination in the face of adversity. Instead of starting his journey in the crypto universe with a successful investment, Edyme was initially drawn in by a Ponzi scheme that utilized crypto
The downfall of Heartland Tri-State Bank (HTSB) was orchestrated by its own CEO, Shan Hanes, who was sentenced to 293 months in federal prison for embezzling a staggering $47.1 million in a cryptocurrency fraud scheme. Hanes executed 11 unauthorized wire transfers to a cryptocurrency wallet over the span of two months, ultimately leading to the
The recent spike in Bitcoin’s price, attributed to Federal Reserve Chairman Jerome Powell’s hint at a potential rate cut, has brought about a wave of volatility in the cryptocurrency market. This unexpected turn of events has many traders anticipating further price appreciation as they position themselves for potential gains. The market is closely watching Bitcoin
The Cardano (ADA) community is abuzz with excitement as the highly anticipated Chang hard fork approaches. Recent updates from Intersect, a member-based organization for the Cardano ecosystem, have shed light on the key dates for the Chang upgrade launch. A recent meeting of the Chang hard fork group confirmed that the majority of preparations for
