Bitcoin (BTC) Achieves a Month-long All-Time High Price

Bitcoin (BTC) Achieves a Month-long All-Time High Price

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

CertiK’s Report Reveals September 2023 as the Most Vulnerable Month for Cryptocurrency Exploits

CertiK’s Report Reveals September 2023 as the Most Vulnerable Month for Cryptocurrency Exploits

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

An Explanation of Crypto Synthetic Assets

An Explanation of Crypto Synthetic Assets

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

FTX Exploiter Transfers 5,000 ETH Ahead of Ether Futures ETF Launch

FTX Exploiter Transfers 5,000 ETH Ahead of Ether Futures ETF Launch

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

Is DeFi Growth Evident as Tron TVL Surpasses $15 Billion?

Is DeFi Growth Evident as Tron TVL Surpasses  Billion?

The Tron (TRX) DeFi ecosystem has experienced significant growth and development, indicating an increase in interest and participation from users and investors. This growth is not limited to decentralized finance alone, as the Tron ecosystem’s TRX token staking has also seen an upward trajectory. This correlation suggests a more robust and dynamic Tron ecosystem. One … Read more

Cosmos: A Promising Contender for 2024 – Might it Outshine Ethereum?

Cosmos: A Promising Contender for 2024 – Might it Outshine Ethereum?

Cosmos, a blockchain platform aiming to compete with Ethereum, has unveiled its roadmap for 2024. The roadmap focuses on increasing modularity, enhancing the developer experience, addressing technical debt, and driving user adoption. Cosmos plans to attract developers from other platforms as they work to repay the technical debt and make the Cosmos SDK more modular. … Read more

Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

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

Ripple Labs Considered as Potential CBDC Partner by Georgia

Ripple Labs Considered as Potential CBDC Partner by Georgia

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

Sam Bankman-Fried Scoops Help CoinDesk Win a Loeb Award

Sam Bankman-Fried Scoops Help CoinDesk Win a Loeb Award

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