Crypto News
Breaking News: OKX DEX Falls Victim to Hackers – What Happens to Customer Funds?
Breaking News: OKX DEX Falls Victim to Hackers – What Happens to Customer Funds? Introduction Recently, blockchain security company SlowMist revealed that OKX DEX, a decentralized exchange aggregator platform, was targeted by hackers. The hackers managed to steal cryptocurrency worth over $400,000 from the platform. This breach has raised concerns about the safety of customer…
Unlocking the Potential: AVAX Projected to Triple in Value in December, with Presale Offering Potential 10x Returns
Unlocking the Potential: AVAX Projected to Triple in Value in December, with Presale Offering Potential 10x Returns Introduction Over the last two months, Avalanche ($AVAX) has been one of the best cryptocurrencies to invest in, gaining more than 300%. However, analysts believe the gains could continue into December, with $AVAX projected to further increase by…
Uncovering the Future of Bitcoin Mining: Inscriptions and Transaction Fees Projected to Generate $500M in Revenue by 2023
Bitcoin miner revenue reshaped by Inscriptions, transaction fees hit $500M in 2023 An analysis of Bitcoin transaction fees Over the past three years, there has been a noticeable shift in the dynamics of Bitcoin transaction fees. With miners relying more on transaction fees as block rewards decrease, the landscape of revenue generation in the industry…
Unlocking the True Value of Bitcoin: Why Experts Believe it Could Reach $36,000
Bitcoin Undergoing Period of Consolidation and Profit-Taking The Current State of Bitcoin Bitcoin seems to be undergoing a period of consolidation and profit-taking after eight weeks of phenomenal price growth. The world’s largest crypto has had incredible growth this year, with a special surge starting in the middle of October. However, after hitting a yearly…
Goldman Sachs Predicts Rate Cut Revision: A Potential Boost for Bitcoin Amidst Monetary Policy Shift
Goldman Sachs revises rate cut forecast, signaling potential boost for Bitcoin amidst monetary policy shift Goldman Sachs’ new forecast Goldman Sachs now anticipates two interest rate cuts by the U.S. Federal Reserve in the upcoming year, revising its initial forecast to include a reduction as early as the third quarter due to subsiding inflation, according…
Innovative Collaboration: Deutsche Bank, Flow Traders, and Galaxy Digital Launch Euro-Backed Stablecoin
DWS, Flow Traders & Galaxy Digital Join Forces to Launch AllUnity In an exciting collaboration, Deutsche Bank’s asset management arm, DWS Group, has teamed up with Dutch market maker Flow Traders and crypto investment firm Galaxy Digital to create AllUnity. Their big plan? Launching a euro-backed stablecoin that’s fully backed and issued by AllUnity, aiming…
Injective (INJ) Takes Aim at $30 After Blasting Past $27 – All the Juicy Details!
INJECTIVE PROTOCOL’S INJ TOKEN REACHES NEW ALL-TIME HIGH! Is this the calm before the storm? Well, it seems that Injective Protocol’s INJ token has just hit a new all-time high of $27.02. Exciting news, right? But hold your horses, because the market is currently in a phase of rest and consolidation. Investors seem cautiously hopeful…
Uniswap, Schmuniswap: Meet the New DeFi Darling, Trader Joe!
Welcome to the Uniswap vs Trader Joe Showdown! In decentralized finance (DeFi) and trading, Uniswap has long reigned as a dominant force. However, a recent analysis by Lark Davis, a Bitcoin (BTC) investor, seems to suggest Trader Joe, a decentralized exchange (DEX) on Avalanche–a highly scalable blockchain and Ethereum’s competitor, could eventually emerge as a…