Who orange-pilled Kanye West? Is the most controversial person in the world a bitcoiner now? Over the last few weeks, the fashion mogul/ rapper has dominated news cycle after news cycle. And it now seems like bitcoin has entered his orbit. Or, did Kanye West enter bitcoin’s orbit? The always-calculated rapper/ performer was photographed wearing…
The crypto market is stuck in a tight range as larger cryptocurrencies are unable to break above key levels of resistance. The sector has been mostly inclined to the downside since September when Ethereum completed “The Merge”. At the time of writing, Bitcoin (BTC) trades at $19,500 with a 2% profit in the last 24…
Mango Markets was victim to the latest exploit this week, as crypto cannot seem to escape an absolutely abhorrent Tuesday. Two exploits less than one day apart – and less than a week after the BNB Chain exploit that utilized a bridge to create millions of new BNB. Another nine-figure exploit has rocked the crypto…
ApeCoin (APE) is trending to the downside as the U.S. Securities and Exchange Commission (SEC) announces an investigation against its parent company, Yuga Labs. The creators of popular non-fungible token (NFT) collections, including Bored Ape Yacht Club (BAYC), the regulator will look into a potential violation of their securities laws. According to a report from…
Binance’s signature Binance Smart Chain is the latest to suffer from an exploit, and the chain is “temporarily paused,” according to the official BNB Chain Twitter account and Binance’s CZ. Early hours following the hack look to show 2M BNB, or over $500M at time of publishing, through the Binance Bridge. Furthermore, many have criticized…
The collapse of the algorithmic stablecoin Terra and its ecosystem in May 2022 created a massive crisis in the crypto space. Coupled with the extreme crypto winter, the industry witnessed massive losses. As a result, billions of dollars were lost, and many investors lost faith in crypto. Gradually, the space is experiencing a revival as…
Are stablecoins in the sights of U.S. regulators? The decline of Terra Luna and it’s UST (and correlating LUNA) token earlier this year brought along plenty of fanfare. It’s full damage and implications, however, have clearly yet to be established; a new draft of a U.S. House bill is proposing a two-year ban on stablecoins…