crypto ira

Crypto Turbulence: Shiba Inu and XRP Experience Substantial Declines

In an unpredictable start to the week, popular cryptocurrencies Shiba Inu and XRP take a noticeable hit. As market participants gravitate towards safer commodities, the digital currency environment reflects increased volatility. The Downturn of Shiba Inu (SHIB) Monday witnessed the descent of Shiba Inu (SHIB) to its lowest in several months, amid the backdrop of […]

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Navigating the Crypto Crime Wave: Cross-Chain Bridges and Coin Swap Services Exploited

Exposing a grim reality within the crypto ecosystem, a recent study by Elliptic has revealed the prevalence of cybercrimes exploiting cross-chain bridges and coin swap services. These sophisticated techniques have reportedly been used to cleanse approximately $7 billion classified as illicit or high-risk funds. Among the notorious cybercriminal gangs, the Lazarus Group, assumed to be

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Ethereum Inflation Rate Escalates Amidst Declining Onchain Activity; $35.31M Accrued in 17 Days

Ethereum's recent transition from a deflationary to an inflationary model has observed a slight increase of 0.178% in the past 17 days. In this timeframe, the network expanded its total supply by adding 22,502 ether, worth approximately $35.31 million. Ethereum's Escalating Inflation Spurred by Dwindling Onchain Activity Prior to the recent change, Ethereum was predominantly

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Long-Term Investors Accumulate Bitcoin Amid Stagnant Altcoin Activity

Long-standing cryptocurrency investors are persistently purchasing Bitcoin (BTC), amassing around 50,000 coins per month, valued at a staggering $1.35 billion. This data is drawn from the most recent onchain report by Glassnode, a renowned blockchain analytics firm. These purchases are causing a tightening in Bitcoin's supply as the larger digital asset market remains largely inactive

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Introducing the Gold-Backed Digital Tokens: A Landscape Alteration in Zimbabwe’s Domestic Transactions

Waves of change have washed over Zimbabwe's financial sector, bringing forth an upgrade promising to revolutionize the economic landscape. The bedrock of this innovation is the newly introduced gold-backed digital tokens, an authorized form of domestic transaction announced by the central bank. Aside from transaction settlement, these digital tokens also serve as a preservation instrument

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Unmasking the Stars Arena Hack: A $2.9 Million Security Breach

Stars Arena, a cutting-edge on-chain social application fortified on the illustrious Avalanche blockchain, recently fell prey to a massive $2.9 million cyber attack. At the heart of the issue was an exploit within its smart contract, enabling the hackers to siphon off substantial funds. Nevertheless, the Stars Arena team has swiftly taken measures to ensure

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ADA: Exploring The Evolution of The Proof-of-Stake Network Cardano

Midst the fluctuating cryptocurrency landscape, the proof-of-stake blockchain network known by its crypto asset ADA, ranks as the eighth-largest by market capitalization. It is valued at slightly over $9 billion, contributing to approximately 0.817% of the immense $1.08 trillion cryptocurrency market. Its noticeable presence has positioned ADA as a central player in the digital currency

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