Welcome to the Cryptocurrency Category, your go-to source for all things related to the dynamic and transformative world of cryptocurrencies and blockchain technology. Here, we dive deep into the latest news, trends, and insights that define the rapidly evolving landscape of digital assets.
Explore articles that cover a diverse range of cryptocurrency topics, from in-depth analyses of market trends and price movements to explorations of blockchain technology, tokenomics, and decentralized finance (DeFi). Our experts provide comprehensive coverage of major cryptocurrencies like Bitcoin, Ethereum, and other prominent altcoins, as well as the emerging projects shaping the future of finance and technology.
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Join us as we unravel the intricacies of cryptocurrencies, exploring their potential to reshape traditional financial systems, promote financial inclusion, and unlock new avenues of technological innovation. Whether you’re an investor, a tech enthusiast, or simply curious about the future of digital assets, our Cryptocurrency Category provides a comprehensive and engaging platform to keep you informed and inspired.
Bitcoin (BTC) Hits Highest Price in a Month Bitcoin (BTC) has reached its highest price in over a month, exceeding $28,000. Analysts attribute this surge to optimism regarding ETFs and seasonality. Last week, traders at Bitbank, a Japanese exchange, had already predicted this milestone. The $28,500 level is viewed as a significant support from the … Read more
September becomes the biggest month for crypto exploits in 2023: CertiK September 2023 has seen the highest amount of crypto stolen so far this year, with a total of $329.8 million lost to exploits, hacks, and scams. The most significant contributor to this total was the Mixin Network attack on September 23, where $200 million … Read more
Crypto synthetic assets, explained Crypto synthetic assets are blockchain-based financial instruments that simulate the value and behavior of real-world assets or financial instruments. These digital assets are created using complex financial derivatives and smart contracts on decentralized finance (DeFi) platforms. They offer advantages such as increased accessibility, liquidity, and programmability. Types of crypto synthetic assets … Read more
Approximately $8.2 million worth of ETH has been moved from a wallet address associated with the FTX hacker, marking the first time assets have been transferred out of the wallet since the hack a year ago. The FTX exchange suffered a loss of over $600 million through the hack in November 2022. The hacker transferred … Read more
The US economy is experiencing turbulent times, with inflation rates rising and the Federal Reserve’s efforts to curb inflation falling short. This has led to a loss of value in US Treasurys, raising concerns about the impact on risk-on assets such as Bitcoin and the stock market. The influx of government debt into the market … Read more
Georgia Selects Ripple Labs As Potential CBDC Partner The National Bank of Georgia (NBG) has shortlisted Ripple Labs as one of nine potential technology partners for its Central Bank Digital Currency (CBDC) pilot project called “Digital GEL”. The NBG aims to test the technological feasibility and applications of a CBDC system. Ripple’s inclusion in the … Read more
This content discusses a series of stories published by CoinDesk related to Sam Bankman-Fried, the founder of Alameda Research and FTX crypto exchange. The centerpiece article raised concerns about the stability of Alameda Research and questioned the safety of FTX. Other stories highlighted the unconventional living arrangements of Bankman-Fried’s close associates, reported on a major … Read more
Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million A report from Chainalysis has found that the majority of cryptocurrency transactions in the United Arab Emirates (UAE) exceeding $1 million from July 2022 to June 2023 were made by institutional investors. These institutional investments accounted for over 67% of crypto transactions in … Read more
Gemini Pulled $282M Earn Users’ Funds From Genesis Last Year to Protect Customers CoinDesk, a leading news outlet for cryptocurrency and digital assets, has updated its privacy policy, terms of use, cookies, and “do not sell my personal information” section. The media outlet follows strict editorial policies and aims to maintain the highest journalistic standards. … Read more
Analyst Presents 4 Charts That Prove Crypto Is Not Dead Despite recent declines and regulatory pressures, the crypto industry is still experiencing growth in adoption. A chart report by DeFi Researcher Thor Hartvigsen reveals four key trends. One chart shows an increase in daily wallets for Ethereum and Layer 2 users. Another shows a surge … Read more
