Bitcoin’s Quick Recovery Bitcoin experienced a brief dip below the $26,000 mark yesterday. However, it swiftly bounced back after the revelation of MicroStrategy’s newest Bitcoin acquisition. This week, Bitcoin had reached a 20-day peak of $27,500. Despite maintaining proximity to this level for a while, it faced a decline towards the end of the business …
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Chainlink’s Recent Multisig Changes Chainlink, a renowned decentralized oracle network, recently faced backlash from the crypto community due to modifications in its multisig (multi-signature) wallet. The primary point of contention was the change in the number of required signatures on the multisig wallet, which shifted from a 4-of-9 configuration to a 4-of-8 setup. This alteration …
Chainlink’s Controversial Multisig Shift: What You Need to Know! Read More »
A Strengthened Alliance Core Scientific, Inc., a key figure in high-performance blockchain computing data centers and software, has announced a substantial investment from Bitmain, a leading global producer of digital currency mining servers. This investment, totaling $53.9 million, not only solidifies the bond between the two entities but also emphasizes Bitmain’s unwavering commitment to the …
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The Unfortunate Breach In a recent turn of events, the Mixin Network faced a cyber attack, leading to a significant compromise of its cloud service provider database. This breach has led to an alarming loss of assets, estimated to be around $200 million on the mainnet. As a direct consequence, Mixin’s Native Token witnessed a …
Is Your Crypto Safe? Mixin’s $200M Loss Tells a Tale Read More »
The Sudden Dip of Bitcoin After a relatively quiet weekend, Bitcoin experienced a significant drop, plummeting to a 12-day low of just over $26,000. This decline comes after Bitcoin’s price had surged past $27,000 at the beginning of the previous week, reaching a peak of $27,500 on Tuesday. However, the cryptocurrency couldn’t maintain its momentum …
Binance’s Stance Against the SEC On September 21, Binance, the world’s leading cryptocurrency exchange, submitted a 60-page petition to the court. The document highlights the company’s belief that the U.S. Securities and Exchange Commission (SEC) overstepped its boundaries when it initiated a lawsuit against them in June. The SEC’s allegations encompassed a variety of issues, …
The Current State of Affairs The cryptocurrency world has been closely watching the legal tussle between Ripple and the United States Securities and Exchange Commission (SEC) for the past three years. This battle has seen both sides taking significant jabs at each other, with Ripple recently gaining an edge. The core of the dispute traces …
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A Sudden Dip in Bitcoin’s Value After maintaining a steady position above $27,000 for several days, Bitcoin experienced a notable decrease, plunging below this threshold. This decline marked a multi-day low for the leading cryptocurrency. The question arises: Who is affected by this? Primarily, investors and traders who have placed their bets on Bitcoin’s stability. …
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The Current Ripple Landscape Ripple (XRP) has witnessed a 5.6% price surge over the past week, now trading above the $0.5 mark. This comes after a prolonged phase of stagnant sideways movement and declines. The recent spike in volatility and trading volume has not gone unnoticed, with analysts making intriguing predictions about XRP’s price trajectory. …
Ripple’s 5.6% Surge: What Does It Mean for Ethereum? Read More »
XRP’s Meteoric Rise in Trading Volume The native token of Ripple, XRP, has achieved a significant milestone by becoming the most traded alternative coin on US-based cryptocurrency exchanges in 2023. This surge in trading volume can be attributed to the asset’s recent developments and its growing popularity within the crypto community. According to Dessislava Ianeva, …
XRP’s Unprecedented Rise: What You Need to Know! Read More »
