July 2024

WazirX Exploit Fallout: Hackers Impact Token Prices

The recent exploit of the Indian cryptocurrency exchange WazirX has seen a significant amount of the stolen funds being liquidated, causing noticeable impacts on various cryptocurrency prices. Alex Svanevik, CEO of the blockchain analytics firm Nansen, highlighted the activities of the entity believed to be a North Korean hacking group, which has now become the […]

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Metaplanet’s Bold BTC Play: 1 Billion Yen Milestone!

Japanese investment firm Metaplanet has successfully added another 20.38 Bitcoin to its treasury, achieving its ambitious investment goal of 1 billion yen. This milestone was announced in a press release this Monday, marking a significant moment in the firm’s strategic financial planning. Back in late June, Metaplanet set a clear target: to channel 1 billion

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Trump’s Crypto Rally? Analyzing Key Stocks Ahead of Bitcoin Nashville

As the cryptocurrency world gears up for former President and Republican Candidate Donald Trump’s anticipated speech at the Bitcoin Nashville conference on July 27, analysts from Bernstein are keeping a close eye on seven pivotal crypto stocks that could be significantly impacted. In their latest note, the research firm painted a rosy picture for the

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Mog Coin’s Rise: Dominating the Meme Coin Market?

In the whimsical world of Ethereum meme coins, Mog Coin (MOG) has not just tiptoed but rather leaped into the spotlight with a 4% climb today, reaching an exhilarating new high of $0.00000245. This remarkable surge briefly vaulted MOG into the elite circle of the top 100 cryptocurrencies on CoinGecko, though it couldn’t hold its

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Mt. Gox Awakens: A Bitcoin Blip Signals Big Moves Ahead

The dormant cryptocurrency exchange Mt. Gox, which declared bankruptcy in 2014 following a high-profile hack, is back in the news after initiating a small Bitcoin transaction. The transfer of 0.021 BTC to a wallet associated with the Bitstamp exchange is being viewed as a test run ahead of a much-anticipated repayment to creditors. This move

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Bitcoin Smiles Through the Chaos: Tech Meltdown Left BTC Untouched!

The global tech community faced a severe disruption late Thursday when a faulty software update from cybersecurity giant CrowdStrike caused widespread computer outages. Affected systems displayed the notorious blue screen of death, impacting critical sectors including government, banking, and air travel. Despite the chaos, the Bitcoin network remained entirely unaffected, showcasing the robustness of decentralized

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South Korea’s New Crypto Law: A Regulatory Revolution!

South Korea has officially introduced the Virtual Asset User Protection Act, marking a significant advancement in the nation’s crypto regulatory framework. This inaugural law, which took effect on Thursday, is a response to past financial upheavals in the crypto space, such as the Terra-Luna crash and the collapse of FTX, and aims to fortify investor

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Will Crypto Mining Plunge Russia into Darkness? Putin Sounds the Alarm!

Russian President Vladimir Putin expressed concerns on Wednesday that unchecked cryptocurrency mining could lead to significant electricity disruptions across Russia. This warning underscores the substantial energy demands associated with crypto mining, a sector that has burgeoned even as it poses logistical and regulatory challenges. The Crypto Mining Dilemma During a statement reported by the Ria

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