BNB Chain, a popular blockchain platform, has lost a whopping $1.64 billion in crypto assets since its launch in 2020, according to a new report from cybersecurity firm Immunefi. Millions Lost to Hacks and Fraud The report reveals that over $1.27 billion was stolen in 168 separate hacking incidents, while another $368 million was lost…
The crypto market is in for a bumpy ride in the coming months, according to top industry analysts. While the market saw some positive momentum earlier this year, the second and third quarters have been rough. Choppy Waters Ahead Coinbase, a leading cryptocurrency exchange, predicts that the market will remain volatile throughout the third quarter….
Binance, the world’s largest cryptocurrency exchange based on trading volume, has come a long way in its seven years. Despite facing numerous regulatory challenges and legal hurdles, the platform has persevered and emerged stronger. A Milestone Marked by Growth and Resilience This week marks Binance’s 7th anniversary, a significant milestone considering the intense scrutiny and…
One crypto analyst is making a bold prediction: Bitcoin (BTC) could surge by a whopping 500% to reach $330,000! This has definitely got people talking in the crypto world. A Pattern in the Past? Arsen Thagapsov, the analyst behind this prediction, says he’s seeing a pattern in Bitcoin’s history. He’s noticed that every four years,…
Ethereum, the second-largest cryptocurrency, is showing some promising signs that could lead to a price increase. Let’s dive into the key indicators and what they might mean for Ethereum’s future. Technical Indicators Point to Upside Short-Term: On the 4-hour chart, Ethereum is pushing towards the 100-day Simple Moving Average (SMA) and a bearish trendline. It’s…
Bad news for some of the biggest banks in the US: JPMorgan Chase and Wells Fargo are reporting huge losses from customers who can’t pay back their loans. JPMorgan Chase saw a whopping $2.2 billion in “charge-offs” – basically, bad debt they don’t expect to get back – in the second quarter. That’s a big…
Oldest Bitcoin wallets are stirring after years of inactivity. Bitcoin wallets that have been dormant for over a decade are suddenly waking up, moving millions of dollars worth of Bitcoin. This has caused a stir in the crypto world, as analysts speculate about the reasons behind these moves. Big Moves One wallet, inactive for 10.6…
A well-known crypto analyst, known as Credible Crypto, has some gloomy predictions for popular meme coins. He believes that a Solana-based meme coin called dogwifhat (WIF) is likely to fall even further, potentially reaching as low as $0.80. WIF Could Go Lower Credible Crypto thinks that WIF hasn’t hit its bottom yet, even though it’s…
A popular crypto analyst, known as Altcoin Sherpa, is predicting a big year for Dogecoin (DOGE), even though it’s currently struggling. Dogecoin’s Painful Downtrend Sherpa says DOGE is in a deep bear market, having dropped below a key technical level called the 200-week EMA. He believes it’s going to be a painful ride, but he’s…
Bitcoin is on the rebound, and institutional investors are jumping on board. Spot Bitcoin ETFs, which allow investors to buy Bitcoin without directly owning it, saw a huge influx of cash last week. A Record Week for Bitcoin ETFs JPMorgan reported that Spot Bitcoin ETFs saw their best week in over a month, with $882…
