Radiant Capital Falls Victim to Flash Loan Attack Radiant Capital, a decentralized finance (defi) platform, confirmed on January 3, 2023, that it has suffered an attack resulting in the loss of approximately $4.5 million worth of digital assets. The attack caused the protocol to accumulate bad debt in the WETH market, accounting for about 1.3% […]
Renowned Whistleblower's Bold Statement Edward Snowden, the well-known whistleblower, has made a bold prediction indicating that a national government will step into the Bitcoin market this year by acquiring BTC. The Prediction Unveiled In his statement, Snowden mentioned, "Prediction: A national government will be revealed this year to have been buying Bitcoin—the modern replacement for
Edward Snowden Predicts Government Purchase of Bitcoin in 2024 Read More »
The Comparison Between Bitcoin and Gold Many commentators compare Bitcoin with gold, suggesting that Bitcoin's finite supply makes it an attractive long-term store of value. Gold has historically been widely adopted as a currency, with examples such as the British Empire's sovereign and half-sovereign. However, it's important to note that the adoption of gold currencies
Bitcoin As A 21st Century Piece Of Eight Read More »
PropyKeys, a new gamified application, introduces a home addresses market onchain as part of the Propy ecosystem. This decentralized application (dApp) game is powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum and part of the Coinbase ecosystem. Participants can mint their own or someone else's home
Mint and Trade Real-World Addresses Onchain With PropyKeys dApp, Part of Propy Ecosystem Read More »
RWA Tokenization Technology: A Game-Changer in Financial Markets A recent report released by JPMorgan and Bain and Company analysts highlights the growing significance of tokenization technology in the financial markets. Specifically, the report emphasizes the potential of tokenization to bring alternative investments, such as private equity, private credit, real estate, and hedge funds, within reach
Introduction The Klaytn Foundation, a dedicated organization that aims to expand the Klaytn ecosystem, has revealed that Creder, one of its governance council members, will introduce a tokenized gold offering known as Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform designed to convert physical gold into GPC tokens.
Creder Launches Gold Pegged Coin (GPC) and Goldstation Tokenization Platform Read More »
In a strategic move, Ark Invest has sold over $29 million worth of COIN shares from its ETFs, aligning with its target weighting policy. This decision comes after Coinbase's impressive performance in the last quarter of 2023. Ark Invest Sells Over $29 Million in Coinbase Shares Amid Portfolio Rebalancing Ark Invest, led by CEO Cathie
Ark Invest Continues to Sell Coinbase Shares Read More »
Introduction Eleven spot bitcoin exchange-traded funds (ETFs) are edging closer to receiving approval from the U.S. Securities and Exchange Commission (SEC). The SEC has received proposed rule changes to list and trade all 11 spot bitcoin ETFs on stock exchanges. According to an ETF analyst, the approval process is almost complete, with the securities regulator
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Introduction During the first week of 2024, the digital currency Solana faced a significant decline, with a loss of more than 6% in value. This downturn has pushed Solana down to the fifth position in the market rankings, as it hovers below the $100 mark on Saturday, January 6, 2024. A Cooling Off Period for
Solana’s Market Performance: A Closer Look at the Recent Downturn Read More »
Ethereum's current trading value of $2,265 showcases its volatility, with prices fluctuating within a daily range of $2,170 to $2,310. The cryptocurrency holds a market capitalization of $272 billion and boasts a robust 24-hour trading volume of $19.24 billion. Similar to bitcoin, ether's volatility is amplified by the anticipation surrounding the potential approval of a