Bitcoin’s Hash Rate Hits Record High, Yet Price and Activity Tell Another Story
Bitcoin blockchain’s hashrate is surging, revealing a growing dislocation between the network activity and prices for its native token bitcoin (BTC). On a 14-day moving average, the hashrate, representing the computational power required to mine a block on the proof-of-work Bitcoin blockchain, recently reached an all-time high of 838...
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Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations
HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong Kong-based fiduciary, holding press conferences over allegations of fund misappropriation involving Techteryx’s TrueUSD reserves. Sun doubled down on claims that...
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PayPal Now Supports Solana and Chainlink—Time to Invest in Related Altcoins Like Solaxy?
Wake up, PayPal just added support for two new cryptocurrencies in the US—and it could be huge for altcoins! Unless you consider reading PayPal’s help center a hobby, you probably missed the addition of Solana ($SOL) and Chainlink ($LINK) to its list of supported cryptocurrencies in the US and...
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Solana en tensión tras el movimiento de 27millones de SOL: ¿Podría ser Solaxy la mejor alternativa en el ecosistema?
El ecosistema de Solana está en alerta tras el reciente movimiento de 27 millones de SOL en un nivel crítico del mercado, lo que ha generado presión de venta y preocupación entre los inversores. Este movimiento masivo ha reavivado el debate sobre la volatilidad y la estabilidad de la...
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Blum Clone Script: Build a Platform for Trading, Gaming & Earning
Interested in developing a modern trading platform with gamification aspects? The Blum clone script can help! With the crypto market reaching new levels every day, more investors are entering the space, boosting the overall value. The sudden rise in interest has raised the need for a trustworthy cryptocurrency exchange,...
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SUI price defends key support despite recent token unlock
Sui price continues to hold above its key support zone despite the recent token unlock and is eyeing a potential bullish reversal if it can break above a key resistance level of $2.52. Sui (SUI) is currently trading at $2.31,…...
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Arthur Hayes on Market Chaos: Bitcoin Must Hold This Level Until Tax Day
Former BitMEX CEO Arthur Hayes, for one, commented on the latest market turmoil and cautioned Bitcoin traders about potential volatility in the coming weeks. In a post on X, Hayes stated, “Market no likey ‘Liberation Day.’ If $BTC can hold $76.5k btw now and US tax day Apr 15,...
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Google Uncovers North Korean Infiltration in European Crypto Firms
North Korean-linked IT workers have reportedly expanded their operations beyond the United States, targeting crypto, blockchain and web development projects in the United Kingdom and Europe, according to a new report from Google’s Threat Intelligence Group (GTIG). These individuals, operating under false identities, have allegedly embedded themselves into remote...
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FDUSD Issuer Assures Funds Are Backed 1:1, To Pursue Legal Action After Justin Sun’s Allegations Send Stablecoin Below $1
The team behind First Digital USD (CRYPTO: FDUSD) addressed concerns regarding financial stability Wednesday after the dollar-backed stablecoin briefly depegged following allegations of insolvency by cryptocurrency entrepreneur Justin Sun. What Happened: First Digital confirmed that it has processed the initial redemptions following the FUD. It also assured that FDUSD is...
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Lazarus Group allegedly makes a profit of $2.51m from selling WBTC
North Korea’s Lazarus Group allegedly made a profit of $2.51 million after selling 40.78 Wrapped Bitcoin that was bough two years ago. According to data from SpotOnChain, a wallet believed to belong to the North Korean hacker group has just…...
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