‘Buy the dip’ mentions on social platforms surge as Bitcoin stumbles
Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin has fallen to lows unseen in months.
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Don’t just blame DeFi for paying high ETH gas fees
Transaction costs on the Ethereum blockchain are at record highs, and no one will let you forget it. Reports often detail how decentralized finance platforms are the cause of ever-rising gas fees — tokens paid to miners who confirm and enable transactions on the Ethereum blockchain. Yes, DeFi does play a role, but the problem…
Social Network as a Financial Tool: Startup Plans to Change Traditional Investment Models
The startup aims to start a “financial revolution” by creating its own social network, where users can earn tokens and spend them by hiring top investment professionals and investing in the products and services they choose. The idea of the Huddl project is to break the traditional investment model, in which the company says that…
Dark web market owner arrested in New York after FBI traces crypto
The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name.
Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors. The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million at its conclusion on May 19.Facilitated by fine arts broker Sotheby’s, collectibles on sale included Tyler Hobbs Fidenza #725,…
Can Solana become the dominant PoS chain despite persistent outages?
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature, it has also encountered a few unique problems.From resource exhaustion to a halt in block confirmation, the Solana network has suffered a number of setbacks that resulted…
Atomic Wallet says hack affected 1% of active users, but investors claim otherwise
In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. 270 Total views 5 Total shares A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to…
Price analysis 4/24: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin (BTC) managed to stay above $27,000 for the past three days but its 9% loss last week spooked some newbie traders. Glassnode data shows that short-term holders, who acquired Bitcoin less than 155 days ago, have been moving coins to the exchanges at a loss since April 16. While short-term traders are panicking and focusing…
Ripple co-founder leads $10M raise for decentralized clearing
Chris Larsen's contribution to Yellow Network aims to tackle liquidity fragmentation, scalability and capital efficiency in crypto markets.