Author: Hazel Anderson

Currently ranked the 7 by market capitalization, Ripple (XRP) could not escape the Friday debacle that saw the digital asset’s price plunge by a margin from $ 0.44 to $0.38—a notable 11% decline; there was a slight upshot in the affairs as the day progressed into Saturday. Data from CoinMarketCap shows that the trading volume of XRP was down by 36%. It was 81% which has dropped after most sellers sold their stakes and now stands at $1.3 billion, the market capitalization of the altcoin is $23.8 billion, marking 88.85%. It is down from its all-time high of $3.84. On…

It is important to note that the viral clicker game known as Hamster Kombat has attracted 239 million users in the first 81 days according to Telegram founder Pavel Durov. Hamster Kombat: Bringing Hundreds of Millions On-Chain The new project called Hamster Kombat is planned to bring, “the benefits of blockchain to hundreds of millions of people,” said Durov. The game’s team is preparing for the release of the long-awaited token airdrop for the Hamster Kombat on The Open Network (TON). So far, the game has not revealed the date or any more information regarding the token distribution event. Nonetheless,…

On July 5th, Nigerian prosecutors continued the case against Tigran Gambaryan, the Binance executive arrested in February by the Economic and Financial Crimes Commission (EFCC). The conflict that began over allegations of currency manipulation has grown into a significant legal battle between Binance, the largest cryptocurrency exchange, and Nigerian authorities. Inception of Issues Trading issues involving USDT for naira on Binance P2P on February 20 revealed that Nigerian users were about to face larger problems. In response to this, Binance limited Tether purchase with naira, disabled the buying option and set a 1,802 naira to USD exchange rate claiming to…

XRP is ranked 7th in terms of market capitalization and has posted higher trading volumes over the last day. This surge happened within a period when the majority of the market experienced sell-offs that led to massive liquidations of $321 million worth of different tokens. Within the last 24 hours, Ripple has had an astounding up to $1.55 billion in trading volume, which has increased by 63% within a week, according to the data available at CoinMarketCap. During market and extensive liquidated phases, XRP has experienced trading volumes. Today alone, as highlighted by CoinGlass, liquidations worth $321 million exerted strong…

The developers of Bitcoin Core have launched a new method aimed at resolving “critical bugs”. By finding and fixing serious flaws in the Bitcoin software. This strategy tries to improve network security and dependability. Antoine Poinsot, Bitcoin Core developer, stated that folks think the software of Bitcoin Core does not have any issues; he warns that this thought is not right and might be dangerous. To inform people about the possible security issues, a team of Bitcoin Core developers has launched new policies. On July 3rd, Antoine Poinsot, including five other people, delivered a message to the people of the…

Michael Dell’s poll on X has created a buzz within the crypto community; participants were more inclined to choose Bitcoin than AI, love, and relationships. This poll was interesting for Michael Saylor and made him react with a heart emoji, which eventually turned into his reaction to the tweet of the Dell CEO. This comment from Saylor is a call to the global community to increase the use and recognition of Bitcoin as the asset that has the potential to revolutionise the world’s financial systems. July Bull Run Ahead? Currently, BTC stands at $62,632 with a Bitcoin has fallen by…

Polymarket on Polygon experiences massive growth, where trading volumes exceed $100 million, indicating high market demand for decentralized predictions. However, the volume and activity of Polymarket on Polygon crossing $100 million, the price of MATIC and its network witnessed downtrends. Polygon (MATIC) enjoys high network activity within the ecosystem originating from the use and demand of its various dApps Polymarkets: New Opportunities in the Polygon Ecosystem The events-based betting dApp known as Polymarket has crossed the $100 million trading volume, indicating a boost in traffic. The use of dApps like Polymarket ensures that more users are encouraged to join the…

It was also disclosed in an SEC filing that BlackRock’s Global Allocation Fund had scooped up another 43,000 shares of the iShares Bitcoin Trust by the end of April. This filing shows that BlackRock has increased its exposure to Bitcoin recently; earlier in May, the firm declared its involvement through its Strategic Global Bond Fund and its Strategic Income Opportunities Portfolio. BlackRock has been preparing investors for Bitcoin ETFs as their way of formally adopting the digital currency space. BlackRock’s bitcoin ETFs inclusion indicates Market Approval These share purchases indicate an exponential increase in interest from traditional financial institutions in…

Due to the lack of regulation in the crypto mining sector, China missed out on potential tax receipts of around $4 billion. Scholars and experts have called for China to reverse its decision to ban coin mining; they suggest that shifts occur worldwide, making the decision problematic and a potential geopolitical consequence for economic strategies. Colin Wu, a journalist, discussed how Wang Yang criticized China for an absolute ban on crypto mining, labeling it as “very unwise,” as the Vice President of the Hong Kong University of Science and Technology stated. As Wang insists, the policy forced Chinese miners to…

The Cardano developers are upgrading nodes on the network to strengthen blockchain security following a failed DDoS attack. To protect against possible future spam attacks, developers are implementing a node upgrade on the Cardano blockchain. A DDoS attack began on June 25th at block 10,487,530 of the Cardano network, targeting fee manipulation for high-value transactions, as explained by Raul Antonio, CTO of Fluid Tokens. Moreover, if he succeeded in his intent, the attacker might hack and steal staked ADA tokens from the network. Uncovering the Motive: Intent Behind the Cardano DDoS Attack While it took place, Philip Disarro was very…