Balancer Discloses Vulnerability, $27 Million at Risk

Balancer Labs recently disclosed a vulnerability affecting several of its pools in a statement published on Aug. 22. The project reported that the vulnerability had not been exploited and that 80% of the issue had been mitigated. However, a small amount of funds, amounting to about 4% of its total value locked (TVL), remain at […]

Mystery Bitcoin Whale Holds Over $3 Billion in Crypto

An unknown Bitcoin whale has recently emerged, accumulating 118,300 Bitcoin worth over $3 billion at current market prices. The identity of the owner remains unknown, leading to speculation that it could be a centralized exchange such as Gemini or BlackRock, the largest asset management firm in the world.The wallet has become the third-largest holder of […]

SEC Changes Stance on XRP as Price Forms Bullish Pattern

The US Securities and Exchange Commission (SEC) has taken a new approach to Ripple in its Aug 19 Motion to Certify Interlocutory Appeal. The SEC has changed its stance on XRP from claiming XRP is a digital asset to stating that the token is a “computer code with no inherent value”. This could fuel hopes […]

AVAX Holders Hit All-Time Low as Crypto Market Plunges

The crypto asset Avalanche (AVAX) has been hit hard by the bear market, with its price dropping to a multi-year low of $10.14. According to IntoTheBlock’s findings, nearly all AVAX holders are currently at a loss, a situation that has not been seen before. The AVAX ecosystem has seen several developments this year, such as […]

Stellar Joins Bytecode Alliance to Promote WebAssembly Development

The Stellar Development Foundation has joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm). Wasm is a competitor to the Ethereum Virtual Machine (EVM) used by the Ethereum ecosystem, and is also used in non-blockchain, browser-based applications. In April 2022, Stellar developers chose Wasm as their computation engine, arguing that it […]

Binance Coin (BNB) Price Drops to Lows of $204 Amid Regulatory Headwinds

Binance Coin (BNB) has seen a sharp decline in price, trading to lows of $204 after breaking below the key levels of $210 and $208. This comes amid strong headwinds around Binance, with regulatory issues and payment partner issues adding to the downside pressure. If bulls give up the $200 zone, BNB could drop to […]

Bitcoin Miners Show Resilience Amid Turbulent Times

Bitcoin miners have shown resilience in the face of turbulent times, adjusting to hash rate changes and energy price spikes. Despite the challenges, miners have continued to operate and have demonstrated their commitment to the cryptocurrency. The hash rate is a measure of the processing power of the Bitcoin network, and it is adjusted periodically […]

Crypto Traders Brace for Volatility as Bitcoin Plunges

Bitcoin traders are preparing for a period of increased volatility in the market, according to the latest Bitfinex Alpha report. Last week, the asset experienced a sudden plunge towards the $25,000 mark, resulting in over $1 billion in futures liquidations.On-chain data analyzed by researchers at crypto exchange Bitfinex showed a surge and flatline in implied […]

Will Bitcoin Reach a New Peak by 2024? InQubeta Presale Raises Optimism in Crypto Landscape

The crypto landscape is abuzz with excitement as Bitcoin’s halving event in 2024 approaches. Speculation is rife about whether the pioneering cryptocurrency will reach a new peak by then. At the same time, InQubeta’s presale has added an extra layer of intrigue to the narrative, with the project aiming to raise $5 million. InQubeta is […]