Altseason Incoming: XLM, ALGO, AVAX, ADA, and FIL in Green
Altseason is well underway with impressive jumps in prices of XLM, ALGO, AVAX, and ADA. Meanwhile, FIL is poised to surge 47%. Sentiment throughout the crypto markets is particularly bullish.
Yagyesh Jaiswal
The cryptocurrency market has entered full-blown altseason, with prices jumping higher in XLM, ALGO, AVAX, and ADA's market cap tripling in value. Meanwhile, Filecoin shoots for a significant rally.
ATOR collaborates with key partners to develop the largest decentralized privacy network (DePIN), marking a pivotal advancement in internet privacy through blockchain technology.
Yagyesh Jaiswal
ATOR announces strategic partnerships and a renewed mission to create the largest decentralized privacy and traffic-routing network, aiming to enhance internet privacy with Chainlink integration and support from industry leaders.
Shiba Introduces Privacy Features to Boost SHIB Utility
Shiba Inu is taking steps to strengthen privacy on its Shibarium blockchain by launching a new anonymization network with technology from Zama. TREAT tokens will power this layer, expanding utility for SHIB holders.
Yagyesh Jaiswal
This article details Shiba Inu's plans to bolster privacy for SHIB transactions and data through the incorporation of homomorphic encryption on Shibarium. The move aims to provide added value and protection for users while supporting further development and adoption of the Shiba Inu ecosystem.
Gemini reaches an in-principle agreement to return all digital assets 'in kind' to Earn program participants, potentially setting a new precedent in crypto asset recovery.
Yagyesh Jaiswal
Gemini announces a groundbreaking agreement to return digital assets to Earn program users in kind, a move that could redefine asset recovery in the crypto space.
Ark Invest and 21Shares enhance their Bitcoin ETF, ARKB, with Chainlink Proof of Reserve, setting new standards in transparency and investor confidence in the digital asset space.
Yagyesh Jaiswal
Ark Invest and 21Shares enhance their Bitcoin ETF's transparency and security through Chainlink Proof of Reserve integration, offering investors verifiable insights into the ETF's Bitcoin holdings and setting a new industry standard.
Lawyers Plead for SBF's Mercy Over Harsh Sentence Plan
The legal defense for FTX founder Sam Bankman-Fried criticizes the suggested 100-year sentence as excessive, arguing for a more humane 78-month term while Bankman-Fried offers crypto advice in detention.
Yagyesh Jaiswal
Sam Bankman-Fried's lawyers argue against a proposed 100-year sentence, deeming it excessively harsh for the FTX founder and advocating for a 78-month term. Meanwhile, Bankman-Fried offers crypto advice from detention.
Martii Malmi: Bitcoin's First Developer and Satoshi's Right Hand
Dive into the story of Martii Malmi, Bitcoin's earliest contributor, who played a pivotal role in its development and advocacy, and his recent involvement in refuting Craig Wright's claims of being Satoshi Nakamoto.
Yagyesh Jaiswal
Martii Malmi, an instrumental figure in Bitcoin's early development, has played a crucial role in its growth and recently contributed to legal efforts against Craig Wright's claims of being Satoshi Nakamoto.
Coinbase Buckles Under Traffic Surge as Bitcoin Hits $64k
The Coinbase exchange platform experienced downtime on February 28th as trading volumes spiked with Bitcoin reaching a new all-time high price of $64,000.
Yagyesh Jaiswal
As Bitcoin rallied to a new record level, crypto exchanges like Coinbase struggled to handle the surge in traffic. While the crash caused issues for users, customer funds remained safe. Coinbase is working to resolve lingering problems and prevent future outages.
Bitcoin Soars Past $60k: 2% From Its Highest Monthly Close
Bitcoin has broken past $60,000 after gaining 20% in the last 3 days of February 2024. It currently sits just 1.94% away from recording its highest ever monthly close in history.
Yagyesh Jaiswal
With less than 2 days left in February, Bitcoin's price rally shows no signs of stopping as it comes tantalizingly close to surpassing its all-time monthly closure high. Will it make history once more before the month is over?
This article provides an in-depth look into TRON founder Justin Sun's recent disclosure of owning over 28,000 Bitcoin worth around $1.6 billion, amid the ongoing crypto bull run.
Yagyesh Jaiswal
Justin Sun's prominent position in the crypto industry brings increased scrutiny to his major holdings and activities. While his BTC stash valuation has surged over $1 billion, his controversies continue to raise questions about his plans and influence in the space.
Catching The Ripple: The Endless Lawsuit Around XRP Sales
This article provides investors with an update on the 2018 Ripple class action lawsuit alleging that XRP is a security. Key dates, parties involved, and the current status of the case are examined.
Yagyesh Jaiswal
The 2018 Ripple class action lawsuit remains ongoing with the pivotal trial stage now scheduled for October 2024. This comprehensive update aims to give investors a clearer picture of where the high-profile case stands as it advances towards its next critical juncture. Continued attention on the proceeding's outcome is warranted given the stakes for Ripple and XRP.
Kyber Network Hack Uncovered: Stolen ETH Worth Millions
A blockchain analytics company has published a report documenting the movement of 800 ETH (~$3 million) stolen in a November 2021 exploit of the Kyber Network decentralized exchange.
Yagyesh Jaiswal
Through painstaking blockchain analysis, Elliptic was able to piece together a picture of what happened to a large chunk of the funds pirated from Kyber Network last year. Their report highlights both the trail left behind by crypto criminals as well as the investigative avenues being pursued long after initial exploits. As long as attacks leave traces on the ledger, there remains hope significant portions of losses can ultimately be regained.
Discover why the crypto community on social media is advocating for the privacy of Satoshi Nakamoto, Bitcoin's anonymous creator, amid rising speculative attempts to reveal their identity.
Yagyesh Jaiswal
Amidst new speculation on the identity of Bitcoin's creator, Satoshi Nakamoto, the crypto community on social media advocates for respecting Nakamoto's wish for anonymity, emphasizing the importance of privacy and ethical conduct in the cryptocurrency sphere.
50% Chance for Ethereum ETF, Bitcoin's $88K Forecast
Discover Bitwise's prediction of a 50% likelihood for Ethereum ETF approval and an optimistic $88,000 Bitcoin price forecast by year-end, emphasizing the impact of ETFs on the crypto market.
Yagyesh Jaiswal
Bitwise predicts a 50% chance of Ethereum ETF approval and foresees Bitcoin reaching $88,000 by year-end, highlighting ETFs' potential to boost the crypto market.
PEPE and WIF Surge 50%: ETH and SOL Tokens Take Centre Stage
Prominent meme coins PEPE and WIF gained over 50% in the past 24 hours, outperforming major cryptocurrencies like ETH and SOL amid increasing interest in meme tokens as speculative bets.
Yagyesh Jaiswal
The rally in prominent meme coins underscores the rising prominence of the category among crypto traders as a way to speculate on the growth prospects of underlying blockchain networks like Ethereum and Solana. While largely seen as having no intrinsic value, meme tokens have emerged as potentially lucrative proxies to bet on developing protocol ecosystems.
MicroStrategy Suffers Hack, $440K in Digital Assets Stolen
The official Twitter account of MicroStrategy’s cryptocurrency division, MicroStrategy X, was hacked on February 26th resulting in the theft of $440,000 worth of digital assets from unsuspecting followers.
Yagyesh Jaiswal
While the details are still emerging, it appears MicroStrategy X’s Twitter was compromised through a phishing scheme. The hacker was able to broadcast a fake token giveaway to followers which led to over 400 grand in cryptocurrency being swindled from investors. MicroStrategy is a major holder of bitcoin and this breach highlights ongoing risks in the digital asset space.
In February, Bitcoin's network congestion significantly eased as the mempool cleared, showcasing the cryptocurrency's resilience and potential scalability solutions amidst a bullish market rally.
Yagyesh Jaiswal
In February, Bitcoin's mempool congestion significantly eased, with a notable decrease in waiting transactions and fees. This improvement during a bullish market rally highlights the network's growing efficiency and scalability.
Cryptocurrency exchange FTX agrees to sell its European subsidiary back to the founders for $32.7 million, bringing an end to ongoing legal disputes.
Yagyesh Jaiswal
FTX and the founders of its European subsidiary have ended their legal battle with a $32.7 million sale, allowing both parties to move on after over a year of disputes over the troubled acquisition.
A weekly roundup of the top crypto gaming news including the PIXEL token launch by Pixels, Portal's high demand before listing & Nintendo 64 emulation on the blockchain.
Yagyesh Jaiswal
It was an eventful week in crypto gaming as several anticipated projects launched or achieved milestones. Pixels' PIXEL saw huge demand, Portal broke records before its listing and classic N64 games were emulated on-chain.
Discover Worldcoin's extraordinary 170% weekly surge to an all-time high and the overall rise in AI token value following OpenAI's Sora breakthrough, highlighting a booming interest in AI-driven cryptocurrencies.
Yagyesh Jaiswal
Worldcoin achieves a record high, leading to a surge in AI token values following OpenAI's Sora announcement, signaling strong market interest in AI-driven cryptocurrencies.
Discover how Adam Back's submission of early emails with Satoshi Nakamoto to a UK court challenges Craig Wright's claim of being Bitcoin's creator in the ongoing COPA vs. Wright trial.
Yagyesh Jaiswal
Adam Back's submission of early emails with Satoshi Nakamoto to a UK court casts doubt on Craig Wright's claim of being Bitcoin's creator, highlighting key discussions on Hashcash and B-Money ahead of the COPA vs. Wright trial.
Injective Introduces CW-404 to Tap Into ERC-404 Excitement
Injective has partnered with DEX DojoSwap to launch CW-404, a Cosmos implementation of the experimental ERC-404 standard that has taken the Ethereum community by storm.
Yagyesh Jaiswal
Injective launched CW-404, a Cosmos version of the popular experimental ERC-404 token standard, in partnership with DEX DojoSwap. By creating an equivalent implementation for its own blockchain, Injective aims to leverage some of the hype surrounding ERC-404 and draw attention and investment to building on its emerging Layer 1 network.
Why Has MATIC Token Underperformed in the Past Year?
Discover why Polygon's native MATIC token has underperformed compared to other layer-2 tokens like Arbitrum and Optimism over the past year, lagging the overall crypto market rally.
Yagyesh Jaiswal
Polygon's MATIC was a market star during the 2021 bull run but has seen its price and popularity decline compared to rival layer-2 tokens in the past 12 months. This deep dive explores the key technological and market factors that have contributed to MATIC's underperformance, including Polygon's transition to zero-knowledge rollups, competition from other protocols, and the impact of key leadership changes.
$6.2 Million Lost as Hackers Targeted 41 Crypto Wallets
A recent analysis found that hackers stole $6.2 million worth of digital assets from 22 LastPass users between February 19-20 after accessing login data from the password manager's December security incident.
Yagyesh Jaiswal
Through meticulous blockchain tracking, investigators were able to monitor the stolen funds as hackers converted various cryptocurrencies to Bitcoin and moved them across the blockchain to launder the money. Users are urged to enhance their cybersecurity practices in light of this ongoing breach.
Vitalik Buterin Cautions Against Overcomplicated L2 Networks
Vitalik Buterin, co-founder of Ethereum, has voiced concerns about the growing complexity of Layer 2 scaling solutions on Ethereum and the security risks involved.
Yagyesh Jaiswal
As Layer 2 solutions gain momentum, Vitalik cautions against losing sight of simplicity and warns complex L2s could result in permanent fund losses if critical bugs occur. A balanced approach combining features across layers may be the optimal path forward.
Coinbase's Top 5 Arguments for SEC Approval of an ETH ETF
Leading exchange Coinbase has formally submitted its response to the SEC regarding the proposed Ethereum ETF, outlining 5 key arguments for approval of this investment vehicle.
Yagyesh Jaiswal
Coinbase put forth a well-researched case advocating the SEC give the green light to an ETH ETF, drawing on precedents set by Bitcoin ETF approvals, Ethereum's classification as a commodity, its robust market dynamics, and security features upgraded by the Merge. A decision is anticipated in the coming months.