Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with

Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse

XRP price is up over 5% from the $2.50 support. The price is showing positive signs and might aim for a move above the $2.820 resistance zone. XRP price remained supported above the $2.50 level. It formed a base and started a strong increase above the $2.55 resistance zone, outperforming Bitcoin and Ethereum. The price

Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with

Solanas SOL has rallied over 50% in two weeks, with Nasdaq-listed digital assets exchange Coinbase (COIN) proving to be a significant source of bullish pressures for the cryptocurrency, according to data tracked by Paris-based Kaiko. Since Oct. 25, SOLs cumulative volume delta (CVD) has increased by nearly $1 million on Coinbase, indicating net capital inflows.

Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse

Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three

As highly speculative meme coins continue their inevitable plunge, crypto executives and analysts have been throwing their thoughts into the arena, and they are not very complimentary. Some meme coins have clearly gone too far lately, to the extent people are insider trading, said Coinbase CEO Brian Armstrong, before adding, This is illegal, and people

Binance co-founder Changpeng Zhao (CZ) has denied speculation that the cryptocurrency exchange is up for sale. The former CEO has dismissed the claims as misinformation spread by competitors. Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale, Zhao stated on February 17 in a post on X. As a shareholder, Binance is

Over the past few weeks, the crypto community has witnessed the unveiling of several events and incidents; however, only a select few have dominated the discussions across social media. The market intelligence platform Santiment has outlined cryptocurrencies that are seeing the highest rises in social media discussions compared to their normal average rates, and they

Ethereum has primarily traded between $2,600 and $2,800 since the February 3 crash. This muted price action has sparked concerns among investors. However, its brief tryst above $2,800 this week has led experts to speculate if ETH is showing signs of a turning point in its trajectory, even as it failed to retain the bullish