Category: Blockchain

BitMart suffered from a large-scale security breach. According to the cryptocurrency trading platform’s CEO, hackers were able to withdraw assets of the value of approximately $150 million. The hacks were related to one of the company’s ETH hot wallets and BSC hot wallets.  In a series of tweets, CEO Sheldon Xia of BitMart, confirmed: “1/3 We

The non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced. For instance, secondary sales surpassed the $15 billion mark. Mason Nystrom, a research analyst at Messari Crypto, confirmed: “Over the past year, the NFT landscape emerged from a small ecosystem with a few hundred million in

Despite missing the bottom by seven minutes, President Nayib Bukele of El Salvador announced on his Twitter Saturday that the Central American nation still bought 150 new Bitcoins at the $48K level. “El Salvador just bought the dip! 150 coins at an average USD price of ~$48,670.” Over the weekend, Bitcoin (BTC) caught

Binance trading platform is allegedly considering the options of pulling its applications for a license to operate in Singapore, according to the Singapore run arm of the BusinessTimes. The reason for this consideration is notably hinged on the delays the Monetary Authority of Singapore (MAS) is exploring in its bid to consider applications from global

These are some of the factors that have made Ethereum record an annual return of 663.7% compared to Bitcoin’s 195.5% so far, according to CoinGecko.  Various use cases in the Ethereum (ETH) ecosystem have made it one of the sought after networks in the crypto space. For instance, it has played an instrumental role in the growth

One U.S. money manager is looking to tap into non-fungible tokens (NFTs) – one of the hot trends on the blockchain – as approval for a conventional cryptocurrency exchange-traded fund (ETF) is still nowhere in sight. Defiance ETFs’ Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the

One U.S. money manager is looking to tap into non-fungible tokens (NFTs) – one of the hot trends on the blockchain – as approval for a conventional cryptocurrency exchange-traded fund (ETF) is still nowhere in sight. Defiance ETFs’ Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the

Affirming the prior speculations on the concerted efforts of the Indian Parliament and government to regulate the developing world of cryptocurrencies, local news channel NDTV, citing a Cabinet note, has revealed that the proposed cryptocurrency bill has suggested regulation of private cryptocurrency rather than banning it.  The news channel drew five key assertions from the

In what is best described as a precedented move, the Astar Network has won the third parachain auction slot on the Polkadot Network. With the total number of positions filling up so fast, the capabilities of the Polkadot blockchain are now being stretched, just as it is designed to operate. Riding on the prior successes

The gold versus Bitcoin debate gathered steam last month as US inflation hit three-decade highs. Globally, consumer prices have accelerated at an unprecedented rate, prompting investors to seek a hedge against inflation and gold bugs and Bitcoin fans arguing over which asset is a better store of value.  I will provide some insights into what