A hacker drained US$20 million from a government wallet on Thursday, but most of the funds returned on Friday amid intrigue about the incident, which Twitter highlighted as likely involving one of the biggest thefts of the year. A famous blockchain sleuth ZachXBT discovered this suspicious activity. He wrote the wallet was interacting with several…

The crypto prices today have sparked bearish sentiments among market watchers globally, embarking on a downside momentum. Bitcoin (BTC) price waned to the $66K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP prices dipped 3%-6%. Simultaneously, the global crypto market cap declined 2.48% over the past day and is currently resting…

Democratic presidential nominee Kamala Harris likened former President Donald Trump to Adolf Hitler to which Cardano founder Charles Hoskinson took concern, highlighting what consequences such inflammatory comparisons might bring about. Cardano Founder Charles Hoskinson: “Not Everyone You Disagree With is a Fascist” Comparisons of controversial figures with historical dictators distressingly are common in the recent…

Avalanche (AVAX), a layer 1 blockchain, is currently experiencing a bearish phase as strong market forces drive down its price. Recent fluctuations have intensified this downward trend, with bears dominating the trading environment.  Following a notable market correction, the token has seen a clear decline, influenced by ongoing volatility in the broader cryptocurrency market. As…

The crypto market extended its correction on Friday’s U.S. market session as Bitcoin struggles to surpass the $70,000 barrier. The renewed bearish momentum stalled the recovery trend for most major altcoins. However, analysts believe that SUI price presents an ideal zone for Dollar-Cost Averaging (DCA), offering a strategic entry point for long-term investors. In the…

Recently, Kraken, a United States-based cryptocurrency exchange, went out on a limb with a surprisingly unexpected prediction for the 2024 presidential election: Crypto voters might be the ones to decide it. A new study revealed that with different candidates’ views on cryptocurrency likely to drive disparate voter behavior, a powerful “crypto voting bloc” has emerged…

Ripple CEO Brad Garlinghouse has expressed concerns about the potential consequences for the crypto industry if the U.S. Securities and Exchange Commission (SEC) succeeds in its recent appeal. Speaking about the cross-appeal filed by Ripple, Garlinghouse highlighted the issue of whether an “investment contract” under the Securities Act requires an explicit agreement. Ripple CEO Highlights…

Dogecoin insider Mishaboar has sent an open letter to the community with advise to shun stablecoins like USDT, USDC and even PYUSD. According to him, holding these assets are “inherently risky” and can harm holders. Bitcoin, Litecoin and Dogecoin For Stablecoins Per the post shared on X, Mishaboar noted that these stablecoins are risky for…

In a surprising turn of events, Jarett Dunn, also known as Stacc, has initiated proceedings to retract his guilty plea related to his attack on the Solana token launchpad Pump.fun. This unexpected move came amid allegations of abuse of position and transferring criminal property. His change of heart comes as his lawyers have pulled out…

Despite the long road toward its IPO, USDC stablecoin issuer Circle Internet Financial is not giving up on its dream. For more than 2 years since it started pursuing going public, CEO Jeremy Allaire said the firm has build a strong business pending the listing. Despite silence in the process in recent times, Allaire told…