Mar 02 2024
Manta Network (MANTA) has found itself entangled in a controversy surrounding allegations of money laundering. The controversy emerged when DeFi enthusiast Definalist took to Twitter, suggesting potential misconduct by Manta Network on the day of its Bithumb listing. Two million MANTA tokens were transferred to the personal wallet of Manta’s Korean Business Development (BD) representative. …
Mar 01 2024
Polygon acquired 15.24 million users that year, coming close to Ethereum’s 15.4 million, with a difference of around 160,000 wallets. Flipside defines an “acquired” user as someone who engaged in at least two transactions on a specific blockchain, with at least one occurring in 2023. In January, achieved a remarkable milestone with 2.8 million acquired …
Mar 01 2024
The South Korean government is taking extra steps to ensure the protection of crypto investors from unfair market activities and criminals. The new measures are part of the Virtual Asset User Protection Act, which is expected to be effective on July 19, 2024. The law protects the assets of crypto users and investors, tasking crypto …
Mar 01 2024
Ether is up in double digits this week and appears to be just heating up. Buyers are coming in strong, and they have already taken the price above $2,700 at the time of this post. This rally is being driven by Bitcoin’s in the past three days. The recent bullish cross on the 3-day MACD …
Mar 01 2024
Einsteinium briefly broke above $3,000 this week and booked a 4% price increase. Since tapping $3K, ETH entered into a correction, which could see the price re-test the key support at $2860. XRP successfully broke above the 54 cents resistance, the price fell, and a 5.6% loss was booked this week. If buyers manage to …
Feb 29 2024
Former BitMEX CEO Arthur Hayes made a compelling case for the emergence of ‘points’ as a superior alternative to traditional initial coin offerings (ICOs) Hayes argued that points combine the best aspects of ICOs and yield farming while addressing their respective limitations. Unlike ICOs, there is no direct exchange of money for tokens, mitigating regulatory …
Feb 29 2024
Ripple’s price has been consolidating against USDT while consistently dropping lower against BTC. Things might get even worse in the short term if nothing changes from a technical analysis aspect. The 200-day moving average has rejected the price to the downside, and the market is likely to pull back toward the $0.50 level. The RSI …
Feb 28 2024
Elastic Security Labs has uncovered a sophisticated cyber intrusion by North Korean hackers believed to be associated with the Lazarus group. This incident, tracked as REF7001, involved the use of a new macOS malware named Kandykorn, which has been specifically designed to target blockchain engineers involved in cryptocurrency exchange platforms. What sets this attack apart …
Feb 28 2024
Blockchain intelligence firm Glassnode highlighted how risk appetite is increasing across various cohorts of the Bitcoin market. Since the start of the year, Bitcoin has enjoyed massive capital flows, with the asset’s realized cap rising by $30 billion to $460 billion – just 3% away from its all-time high. When measured against Bitcoin’s market cap …
Feb 28 2024
Kyrgyzstan’s leading investigative journalism outlet Kloop to be liquidated. Kloop began publishing investigations in 2010 when a group of its teenage journalists uncovered how the son of the Kyrgyz president gained illegal financial control over the country’s largest telecommunications operator. Experts invited by the court to testify say that these and other stories have contributed …