On October 31, 2024, M2, a cryptocurrency exchange based in the United Arab Emirates, suffered a severe security breach that resulted in the loss of approximately $13.7 million in digital assets. The breach occurred around 3:16 AM, prompting a swift response from M2’s team. However, the quick action was insufficient to prevent the theft. Notably,
The cryptocurrency market constantly fluctuates, and Ethereum (ETH) has recently experienced some notable shifts that warrant deeper scrutiny. Currently trading around $2,500, Ethereum has witnessed a 9% pullback from its recent peak of $2,820. This decline poses an interesting scenario for both short-term traders and long-term investors, as many analysts, including noted investor Carl Runefelt,
As the US presidential elections approach, the world holds its breath, anticipating decisions that may shape both political landscapes and economic conditions. Voters face a crucial choice: to continue the current trajectory or embrace a significant shift, particularly if they cast their votes for the Republican candidate, Donald Trump. This election isn’t just about who
In the ever-evolving universe of Web3 gaming, GOAT Gaming has emerged as a formidable player, leveraging innovative technology to create an engaging gaming experience. Built on the principles of blockchain, this platform invites users to participate in mini-games via Telegram, offering real monetary rewards while ensuring easy accessibility for players on both mobile and desktop.
In October 2024, the cryptocurrency industry once again found itself embroiled in a series of hacking incidents that highlighted the ongoing vulnerabilities in digital asset security. A report from cybersecurity firm PeckShieldAlert indicated that approximately 20 significant hacking events resulted in losses totaling around $88.47 million. The persistent threat of cyberattacks not only raises questions
In October, Bitcoin (BTC) concluded the month on a high note, marking its second consecutive green candle with a notable 10% price increase. This upward momentum has garnered attention from various crypto analysts, who are optimistic about Bitcoin’s potential trajectory in the coming months. The emergence of two monthly green candles is typically seen as
In the rapidly evolving world of cryptocurrency, where nuances can easily be overlooked, journalists like Semilore Faleti offer profound insights that both educate and empower readers. With a specialization in blockchain technology and digital assets, Faleti brings a focused perspective to the crypto space. His ability to distill complex topics into engaging content not only
In the rapidly evolving arena of cryptocurrency, few voices stand out as clearly as that of Semilore Faleti. He has carved out a niche for himself as a skilled writer and analyst, specializing in the multifaceted world of digital assets. What started as a broad interest in writing has transformed into a passionate focus on
Ripple, the digital currency more commonly known as XRP, has been making headlines lately due to its fluctuating valuation and market pressures. At the forefront of its current challenges is an apparent bearish trend that became evident when XRP encountered significant resistance at the 200-day moving average, pegged at approximately $0.53. This technical resistance level
In recent remarks, Coinbase CEO Brian Armstrong has voiced significant concern regarding the U.S. Securities and Exchange Commission (SEC) and its apparent indecisiveness in handling digital assets. His criticisms are not isolated; they echo a wider sentiment within the cryptocurrency community, which has repeatedly experienced regulatory whiplash due to the SEC’s changing policies and statements.