Bit24.cash, a prominent Iranian cryptocurrency exchange, has recently refuted claims of exposing its users’ personal information due to a misconfigured storage system. These allegations were brought to light by Cybernews researchers, who reported that a security flaw on the platform had unintentionally exposed users’ Know Your Customer (KYC) data. This data, which included identification documents,
The keyless crypto wallet maker Zengo is about to embark on a daring challenge that aims to test the prowess of hackers around the world. In a blog post, the company announced the “#ZengoWalletChallenge,” where it will dare hackers to try and steal 10 BTC (approximately $420,000 USD) and a Pudgy Penguin NFT (worth around
In recent months, the cryptocurrency market has witnessed a surge in explosive moves by DEX-traded tokens. These moon-shots have grabbed significant attention from traders and investors alike. Notable examples include BONKITA, SAMBO Bot, SOLAREUM, and Joe on SOL. The appeal of these tokens lies in the ability to mint and trade them freely, without the
Solana, one of the leading cryptocurrencies, has been experiencing a significant decline in price after struggling to clear the $115 resistance level. With several bearish signs, SOL price is expected to decline further towards the $68 support level. After a period of steady increase, the bulls of Solana faced a hurdle in surpassing the $115
The recent market downturn caused by the controversial Matrixport report on the Bitcoin spot ETF has affected altcoins like MATIC. However, there seems to be a change in sentiment as MATIC has experienced a 1.2% jump in the past day. Crypto analyst Ali Martinez has even sounded a buy alarm for Polygon’s native token, projecting
The Ethereum market has been witness to a buying spree by whales, indicating their unwavering support for the king of altcoins. These large-scale purchases have surged in recent weeks, as on-chain data from Santiment reveals that Ethereum’s largest private wallets currently hold a record-breaking 56.25 million ETH, comprising 46.8% of the crypto’s total circulating supply.
In the ever-evolving world of cryptocurrencies, one altcoin has managed to defy expectations and captivate the market with its remarkable rise: Akash Network (AKT). Over the course of just one year, AKT experienced an astonishing surge, with its value skyrocketing by over 1,400%. This incredible performance not only highlights the resilience and strength of the
The potential approval of a Bitcoin exchange-traded fund (ETF) has taken an interesting turn as asset manager VanEck announced its plans to donate a portion of the profits to Bitcoin core developers. This move showcases VanEck’s dedication to the long-term success of the Bitcoin ecosystem and its commitment to supporting the core developers who play
Arbitrum, a leading Layer-2 (L2) scaling solution, has been experiencing remarkable growth since the launch of its native token, ARB, in March 2023. In the past 30 days, ARB has seen a significant surge in value, reflecting the increasing market interest in the protocol. Moreover, Arbitrum has surpassed Ethereum in daily decentralized exchange (DEX) volume,
Solana co-founder Anatoly Yakovenko recently expressed confidence in the ability of their blockchain to handle the growing demand for decentralized applications (dapps) without relying on layer-2 solutions like those employed by Ethereum. Yakovenko argued that Solana’s design, which utilizes a hybrid consensus mechanism, enables the blockchain to scale efficiently without the need for additional layers.