In an alarming development for South Korean investors, over 33,000 individuals find themselves unable to access approximately $13 million in digital assets due to the cessation of operations by multiple cryptocurrency exchanges. According to reports from The Korea Times as of October 14, fourteen exchanges have either shut down or temporarily halted their services following
On December 10, Microsoft will hold an essential shareholder meeting that revolves around the hotly debated topic of Bitcoin and its viability as an investment. Currently trading at around $68,115, Bitcoin has seen a modest increase of approximately 1.22%. This rise in value coincides with ongoing discussions about cryptocurrency as a reliable hedge against inflation,
The cryptocurrency market is buzzing with anticipation as a significant amount of Bitcoin options contracts are set to expire on October 25. With approximately 62,600 contracts valued at around $4.26 billion expiring, this event marks a notable milestone in trading phenomena. Unlike typical weekly expiries, the month-end timing elevates its importance, requiring traders and investors
The gaming landscape is undergoing a substantial transformation, particularly as the Web3 paradigm gains momentum. Among the various platforms gaining traction, Telegram, known primarily as a messaging app with over 900 million active users, is emerging as a pivotal player in the Web3 gaming sector. Recent insights from a report by Helika illuminate how Telegram
The cryptocurrency market has long viewed Bitcoin as the foundational pillar of digital assets. Historically, Bitcoin’s dominance—measured as its market capitalization relative to the total market cap of all cryptocurrencies—has served as a crucial indicator of overall market health and investor sentiment. Recently, Bitcoin’s market share has slipped below 50%, sparking concerns among investors and
The recent legal battle involving Tigran Gambaryan, a top executive at Binance, has captured significant attention, not only in the world of cryptocurrency but also internationally due to its implications on Sino-American relations. This case has brought into sharp focus the legal challenges associated with cryptocurrency and its regulatory landscape, especially in Nigeria, where these
In recent months, the cryptocurrency landscape has been rocked by a groundbreaking exploit involving Radiant Capital, a decentralized finance (DeFi) protocol. The incident, which occurred on October 16, resulted in the assailant making off with approximately $52 million in stolen crypto assets. This alarming event not only raises questions about the safety and security of
In recent times, the cryptocurrency world has witnessed significant momentum, particularly concerning Bitcoin. On-chain data has shed light on an essential aspect of this movement: Bitcoin whales, which are defined as addresses holding a minimum of 1,000 BTC. As of now, the accumulation of these digital assets has reached levels unseen since January 2021, coinciding
In recent weeks, the Bitcoin community has been stirred by comments from Michael Saylor, the founder of MicroStrategy, regarding the safety of Bitcoin custody. Saylor suggested that regulated institutions like BlackRock and Fidelity offer safer alternatives for holding Bitcoin compared to unregulated entities. This statement ignited a firestorm of criticism from various crypto advocates who
In recent years, a revolutionary trend known as Web3 has emerged, fundamentally altering our engagement with the digital sphere. Unlike Web2, where centralized platforms dominate user interactions and data management, Web3 envisions a decentralized framework that gives individuals control over their digital existence. This transformation is powered by innovations in blockchain technology, peer-to-peer networking, and
