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bob wrote a new post
1 year ago
14 Years Ago, $1 Could Buy 1309.03 BTC - A Look at Bitcoin's Incredible Growth
14 years ago, Bitcoin (BTC) made history by surpassing the $0 mark. With just $1, one could own 1309.03 BTC. Since then, the value of a single Bitcoin has grown by an astonishing 3.6 billion%. If someone had…
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1 year agoIOTA 2.0 Protocol Unveiled, ShimmerEVM Sees 4x TVL Increase
The IOTA Foundation has recently unveiled its Layer-1 staging network Shimmer and its Iotabee DEX, a decentralized trading exchange. The DEX has managed to increase the total value locked (TVL) on the Shimmer…
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1 year agoXRP Price Predictions for 2024: Regulatory Clarity, Banking Partnerships, and Macroeconomic Factors
XRP, the cryptocurrency of the blockchain enterprise Ripple, is currently the most trending crypto asset due to its recent legal victories. Its trial against the US Securities and Exchange Commission (SEC) in April…
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1 year agoSHIB Community Admin Regains Control of Telegram Account After Hack Attack
The SHIB community recently fell victim to a crypto scam attack on their official telegram account. Cybercriminals seized the SHIB telegram account for hours, impersonating the community’s admin and sending fake B…
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1 year agoFriendTech Users Lose Over $400K to SIM-Swap Cyber-Attacks
FriendTech, a rapidly growing crypto-social platform, has recently been the target of a security breach. A scammer was able to steal $385K in Ethereum from four FriendTech users within 24 hours by using the…
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1 year agoStablecoins Show Resilience Amid Crypto Market Woes in September
The cryptocurrency sector has seen significant events in September, with the stablecoin market capitalization reaching a new low of $124 billion. This is the lowest amount since August 2021 and is 18 consecutive…
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1 year agoCoinbase's Paul Grewal Warns of Semiconductor-Like Fate for Crypto Without Regulation
Paul Grewal, a Coinbase executive, believes that if the U.S. continues to delay in creating crypto regulations, the industry will suffer the same fate as the semiconductor industry.The semiconductor industry has…
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1 year agoMemeinator Token Sale Raises Over $643k, Stars Arena Hit by Major Hack
Stars Arena, a fast-growing social app, announced a major attack on Saturday, resulting in the theft of over $3 million. The developers have since secured the resources to close the gap and are conducting a major…
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1 year agoBitcoin Mining Companies Reach Record Outputs in September 2023
September of 2023 was a great month for Bitcoin mining companies. Three firms, CleanSpark, Riot Blockchain, and Marathon Digital Holdings, all reported record outputs. Kraken also witnessed a 5-year ATH of BTC…
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1 year agoAdam Yedidia Exposes $16 Billion Misrepresentation in FTX System
Adam Yedidia, a former FTX developer, recently resigned after discovering that Alameda Research had used FTX customer funds to settle debts. A software bug in FTX’s system had miscalculated Alameda’s debt, lea…
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1 year agoBitcoin and Ethereum Options Expiry Set to Increase Volatility
The crypto market could experience heightened volatility over the weekend and coming weeks as more than $700 million worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. According to market…
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1 year agoCryptocurrency Market Struggles to Remain Afloat Amid Bearish Pressure
Bitcoin and Ethereum have been struggling to remain afloat in the cryptocurrency market as bearish pressure intensifies. Bitcoin has recently outperformed the stock market but is now retreating against the buying…
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1 year agoCryptocurrency Project Stars Arena Suffers Major Security Breach, $2.9 Million Stolen
A major security breach has occurred in the Avalanche-based social app Stars Arena, resulting in the theft of nearly $2.9 million in AVAX tokens. The attack was announced by the team behind Stars Arena on Saturday,…
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1 year agoBinance Launches UK Domain in Compliance with Financial Promotion Rules
Binance, the world’s largest exchange, has launched a new domain for United Kingdom users in compliance with the incoming financial promotions rules of the island nation. The new rules, announced by the UK’s Fin…
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1 year agoACCERX Upgrades Security Protection System, Enhancing User Privacy and Data Protection
ACCERX, a leading cryptocurrency trading platform, recently announced a significant upgrade to its security protection system. This upgrade covers various aspects of technology, products, and services, and has been…
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1 year agoSam Bankman-Fried on Trial: Alameda Research Allegedly Withdrew $8 Billion from FTX
Sam Bankman-Fried (SBF) is on trial for fraud, with Gary Wang, co-founder of FTX, providing testimony. Wang revealed that Alameda Research, an associated company of SBF, had a “large line of credit” and was abl…
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1 year agoRipple Wins Prestigious Award After Court Rejects SEC's Motion
Ripple has won a prestigious award at the PAY360 Awards in the United Kingdom for having the “best use of digital currencies and assets in financial services”. The award comes days after the US district judge Ana…
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1 year agoJPMorgan Report Confirms Ethereum's Centralization Risk After Transition to PoS
Ethereum (ETH) has recently launched two major upgrades, the Merge and the Shanghai Upgrade, to transition from Proof of Work to the Proof of Stake consensus mechanism and improve scalability, usability, and…
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1 year agoSwiss Banks Embrace Cryptocurrency: ZugerKB Leads the Way
The Swiss banking sector is making headlines with the announcement of cryptocurrency services. The Lucerne Cantonal Bank (LUKB) made the first move by announcing a crypto offering for early 2024. This week, the…
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1 year agoWall Street Giants Could Trigger 3,219% Bitcoin Price Surge in 5 Years: Analyst
The anonymous host of InvestAnswers has predicted that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) could trigger massive inflows from Wall Street giants. According to the analyst, if seven Wall…
