Bitcoin & Altcoins
Bitcoin climbed to a one-week high near $84,500 on Wednesday, October 21, as the crypto market recovered from a mid-October slide. The largest cryptocurrency rose 2.5% over 24 hours after falling below $80,000 earlier in the month. XRP and Zcash
Cryptocurrency markets experienced severe downward volatility on Thursday as Bitcoin drops below 81k triggering a massive wave of forced liquidations across major global trading platforms. The leading digital asset plunged through critical technical support levels, resulting in over 1.1 billion
Global digital asset executives, institutional fund managers, and technology developers assembled in East Asia as the crypto elite gather in Singapore for the annual TOKEN2049 summit, taking place against the backdrop of a significant quarterly price surge across digital currency
A key technical chart setup has materialized across digital asset markets as the short-term momentum of the world’s largest cryptocurrency surpassed its long-term baseline. Market data indicates that a bitcoin golden cross pattern formed on daily chart intervals, marked by
Blockchain & DeFi
THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May
Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s
Google Cloud has stepped into the Web3 arena with the launch of a new portal aimed at blockchain developers, offering datasets and tutorials on non-fungible tokens (NFTs). However, the reception within the cryptocurrency community has been polarized, eliciting a range
Crypto trader Avraham “Avi” Eisenberg has been convicted on all counts of fraud and manipulation in a $110 million cryptocurrency trading scheme involving the Mango Markets platform. This landmark verdict marks the first instance where a U.S. jury has assessed
AI
FinTech
Ripple has once again unlocked 1 billion XRP tokens from its escrow accounts, a routine move that continues to grab the attention of investors. The tokens, valued at approximately $560 million, were released on September 1st, according to Whale Alert,
Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently announced the successful closure of a $2 million Seed Round investment led by CoreVision. This strategic funding round is poised to accelerate the growth and development of financial
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape. This strategic investment underscores Potencia
Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free Transfer and Target Savings, in Nigeria. The company aims to enhance financial accessibility by eliminating transfer fees and offering customizable savings solutions. PalmPay, known for its presence in