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Month: October 2023
Ethereum
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (ETH) holders chose to stake rather than liquidate. Despite ETH withdrawals being enabled with the Ethereum Shapella […]
Blockchain
Fantom Foundation hot wallet hacked for $550K
The Fantom Foundation, the developer of the Fantom network, has been hacked for over $550,000 worth of cryptocurrency. The foundation confirmed the attack on X, claiming that most of the funds stolen belonged to other […]
Cryptocurrency
Louvre Augmented Reality Exhibit With Snapchat Uncovers Ancient Egypt
Snapchat maker Snap has teamed up with the Louvre museum in Paris on a five-part augmented reality (AR) experience called “Egypt Augmented.” Launching Wednesday, it comprises four location-specific experiences based around three exhibits inside the […]
Altcoin
Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit has said it will soon shutter its long-running, blockchain-based rewards service, “Community Points,” citing scalability concerns. In an official Oct. 17 announcement in the r/CryptoCurrency subreddit, a Reddit team member said that, while the […]
Bitcoin
BTC price models hint at $130K target after 2024 Bitcoin halving
Bitcoin (BTC) is destined to hit $128,000 or more by the end of 2025, multiple analytics models suggest. Uploading his latest BTC price estimates to X (formerly Twitter) on Oct. 17, popular trader and analyst […]
Market Analysis
XRP price recoils despite the Roblox news as whale transactions rise
Ripple (XRP) price has moved sideways in the past few months as the recent consolidation continues. The coin was trading at $0.50 on Tuesday after Roblox announced that it will integrate it into its ecosystem. […]
Regulation
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
North Carolina Representative Patrick McHenry, chair of the United States House Financial Services Committee and crypto proponent in Congress, is still temporarily in the third most powerful role in government after one of his Republican […]
Technology
BNB Chain announces mainnet for its Greenfield network
BNB Greenfield is a decentralised data storage network that offers fast uploads and downloads. Its mainnet release marks a new era for Web3 data ownership, the BNB Chain team said in an announcement. BNB Chain […]
Business
CoinEx’s Resilient Response to a $70 Million Hack
Recently, CoinEx fell victim to a daunting $70 million hack due to hacked hot wallet private keys, leading the platform and its users into uncertainty. This breach allowed hackers to withdraw a wide range of […]
