Author: Chirag Sharma
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Singapore Police Arrest Three in Crypto Exchange Attack Incident
Offline crypto trading comes with risks! In a shocking turn of events, three men were arrested in Singapore following an attack tied to a crypto exchange. The incident involved a 19-year-old named ZK, who was ambushed while attempting to exchange $32,000 for USDT. Attack on Peer-to-Peer Crypto Exchange ZK had arranged to meet the seller…
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NVIDIA Plummets in Value Amidst DOJ Antitrust Probe
The NVIDIA stock experienced a historic plunge, losing nearly $280 billion in market value in a single day due to the U.S. Department of Justice’s (DOJ) antitrust investigation. This 9.5% drop marks one of the most significant one-day losses in U.S. stock market history, sending shockwaves through the financial markets. DOJ Antitrust Investigation Sparks Market…
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Crypto Market Reacts to Economic Signals: Fed Rate Cuts and Manufacturing PMI in Focus
The crypto market is currently experiencing heightened volatility, driven by key macroeconomic indicators and the ongoing debate over potential Federal Reserve rate cuts. Investors are particularly focused on the US ISM Manufacturing PMI, using it as a gauge for future monetary policy decisions. Mixed Sentiments Surrounding Fed Rate Cuts Recent discussions reveal a divided market…
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Sky Ecosystem Emerges from MakerDAO, Introducing $USDS Stablecoin
In a landmark development within the decentralized finance (DeFi) sector, MakerDAO has rebranded as Sky Ecosystem, effective September 2, 2024. This rebranding represents not just a change in name but a strategic shift aimed at enhancing innovation and accessibility in the DeFi space. Introducing $USDS and $SKY: New Tokens for a New Era Central to…
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Vitalik Buterin Denies Selling Ether for Personal Profit
In a decisive statement, Ethereum co-founder Vitalik Buterin has denied allegations of selling Ether (ETH) for personal profit. This clarification comes amidst growing speculation and concerns from the crypto community regarding his financial activities with Ethereum’s native cryptocurrency. You can read more about that here Buterin’s ETH Sales: Focused on Supporting Web3 and Philanthropy Buterin…
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Best Way To Store Crypto : Exchanges or Wallets?
Crypto offers financial freedom, but they also come with unique challenges, particularly when it comes to storage. The key to owning crypto lies in owning your private keys. “Not your keys, not your crypto”. This control over your assets is what sets crypto apart from traditional banking. However, knowing the best way to store your…
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Cardano’s Chang Hard Fork: A New Era in Blockchain Governance
Cardano, a leading blockchain platform renowned for its academic rigor, is set to launch the much-anticipated Chang hard fork on September 1, 2024. This pivotal update marks the beginning of Cardano’s Voltaire era, ushering in a new phase of decentralized governance. The Chang Hard Fork and Decentralized Governance The Chang hard fork introduces a revolutionary…
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Trump Pledges to Make the U.S. the “Crypto Capital of the Planet”
Former President Donald Trump has announced his plan to make the United States the “crypto capital of the planet” if elected for a second term. This bold statement highlights Trump’s commitment to embracing cryptocurrency. He believes the current administration has unfairly targeted this growing sector. Vision for the U.S. Crypto Landscape Trump’s vision includes several…
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Crypto Bull Run: Bitcoin Cycles and the Impact of Liquidity Events
Today, I want to delve into one of the most debated topics in the crypto community : cycles in the crypto bull run. This concept has long been a cornerstone of Bitcoin analysis, with many enthusiasts swearing by the predictable patterns that Bitcoin is said to follow. However, as we approach the 2024 cycle, it’s…
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TON Blockchain Resumes After 7 hour Downtime
In a significant event for the blockchain community, The Open Network (TON) blockchain temporarily halted operations this morning, resuming after over seven hours of downtime. The network, known for its speed and scalability, experienced a critical disruption due to an unprecedented network overload linked to the distribution of DOGS tokens. Impact on Exchanges and Recovery…