On November 21st, the Sui Network experienced a significant disruption, halting transactions on its mainnet and leaving the blockchain inoperable for approximately two hours. This incident stemmed from a bug in the transaction scheduling logic that resulted in validator crashes. The core team behind Sui swiftly announced that operations were resumed, crediting the diligent efforts
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As the cryptocurrency market continues to evolve, Ethereum, the second-largest digital currency by market capitalization, has reached a crucial point of consolidation around the price of $3,107. After achieving a notable four-month peak of $3,420, the Ethereum price has exhibited stagnation in its performance whenever compared to Bitcoin, its larger counterpart. This relationship has often
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The cryptocurrency market is a double-edged sword, combining untold possibilities for wealth creation with an alarming number of scams that prey on unsuspecting investors. The Shiba Inu (SHIB) community, known for its vibrant and active group of enthusiasts, is increasingly becoming a target for fraudsters exploiting its popularity. Recent reports emphasize the importance of vigilance
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Since its debut in early 2023, My Neighbor Alice (MNA) has rapidly ascended the ranks of popular blockchain-based metaverse games, captivating gamers with its unique offering that combines elements of gameplay with Web3 technologies. New developments from its creators, spearheaded by business director Antonio Palma, reveal that the game is not content to rest on
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In a significant development for cybersecurity and cryptocurrency regulations, South Korean authorities have successfully traced and recovered 4.8 Bitcoin (BTC) that was linked to the notorious hacking of the Upbit exchange in 2019. The hack, attributed to North Korean operatives, specifically involved the theft of 342,000 Ethereum (ETH), a staggering incident that not only highlighted
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Since its local peak on November 12, where Ethereum (ETH) reached $4,446, the cryptocurrency has displayed signs of stagnation. Although Bitcoin’s performance has captivated market stakeholders with its impressive gains, Ethereum’s journey has been considerably different. It has found itself in a state of consolidation, caught in the complexities of navigating through major resistance levels
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In the rapidly evolving landscape of finance, the significance of effective regulatory frameworks cannot be overstated. As the cryptocurrency market continues to mature, the role of the Securities and Exchange Commission (SEC) becomes increasingly vital. Jesse Powell, the founder of the Kraken exchange, has put forth a compelling case for Brian Brooks, the former acting
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In a remarkable display of resilience, Cardano (ADA) has captured the attention of substantial investors despite a general downturn in the cryptocurrency market. On a day that saw the global market cap contract by 1.2%, reaching $3.22 trillion, Cardano’s price soared to an 18-month high of $0.80 early Wednesday. Such a rally signals strong bullish
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