Day: December 20, 2023

Solana Q4 Triumph: Soaring Activity Leaves Ethereum in the Dust

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Solana (SOL) has undeniably emerged as a standout performer in the recent cryptocurrency landscape, showcasing a remarkable surge in value that has captured the attention of market participants. Its extraordinary performance, marked by substantial gains, has propelled Solana beyond the ranks of other leading cryptocurrencies, securing a coveted position among the top five by market capitalization. Solana’s Surge: Outshining Rivals, Proving Dominance The impressive rally of Solana stands as a testament to the blockchain’s underlying strength and the growing confidence of investors in its capabilities. This bullish momentum has not…

Ledger to reimburse library exploit victims by February

Hardware crypto wallet maker Ledger plans to make defi participants whole by covering approximately $600,000 in digital assets stolen during a Dec. 14 incident. The company acknowledged many crypto users were affected by a connector kit exploit targeted at the front end of EVM dapps. These decentralized platforms included exchanges and web3 tools like Revoke.cash, although the number of affected users was either unknown or undisclosed. Ledger said it would reimburse all exploit victims by February, including non-customers. The wallet provider also highlighted an action plan to deactivate blind signing,…

6 Predictions for Crypto in 2024: Pantera’s Paul Veradittakit

As we reach the end of 2023, we have perhaps made it through the worst of the bear market, turning over the page on the series of brutal collapses that we have seen over the past year and a half, and ready to begin exploring novel use cases. Today, we’re at an inflection point, where crypto is no longer solely about financialization, but rather a broader idea of how we redefine consumer, social, and developer experiences using blockchains. I’m very excited to see what 2024 holds for the future of…

DeFi Has a Risk Problem and It’s Time to Solve It

Not only is the risk not diminishing, but the attacks are also becoming more sophisticated. Take the recent KyberSwap hack, for example, which resulted in losses of $54.7 million. At the time, the protocol called the exploit “one of the most sophisticated in the history of DeFi”, requiring a “precise sequence of on-chain actions”. Similarly, the recent Ledger hack, which saw $484,000 drained from wallets, was intricate and multi-layered, allowing the hackers to stealthily siphon assets from the wallets of unsuspecting users. Source

Ethereum Express rallying, Bitcoin Minetrix is next?

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Liquidity has started to flow toward lower market cap coins as Ethereum Express gains just under 30% in 24 hours while most top 10 altcoins are in the red. Meanwhile, the newly launched Bitcoin Minetrix is also pushing ahead, reaching $5.5 million in the ongoing presale. Will this rally like Ethereum Express? Ethereum Express pumps following BRC-20 announcement Ethereum Express is a blockchain aiming to become a “faster, safer,…

Whale Transfers 85 Million DOGE To Robinhood

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The Dogecoin price has been put in a perilous position once more after a DOGE whale made a massive transaction to an exchange. The transaction which was flagged by a DOGE community member has raised eyebrows in the space and could possibly be putting sell pressure on the altcoin. Dogecoin Whale Transfers Full Balance To Robinhood On Tuesday, a single transaction carrying over $7 million worth of DOGE was noticed by a Dogecoin community member who posted the transaction on X (formerly Twitter). This transaction caught the attention of the…

MOLLARS presale ongoing, project building a decentralized store of value ecosystem

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The initial coin offering for MOLLARS, a store of value token on Ethereum (ETH), is now live.    Designed to serve as the new “Bitcoin (BTC)” of the ERC-20 and Ethereum community, crypto traders have already purchased 0.07% of the total supply of MOLLARS allocated.   What This New ERC-20 Token Is About Molars is a fully decentralized, community-driven project, designed as a store of value token for the Ethereum ecosystem. It…