Crypto Exchange FixedFloat Suffer $26M Exploit
The crypto exchange platform Fixed Float, which runs without deploying the know your customer (KYC) checks, suffered a $26 million exploit following an unprecedented attack. FixedFloat acknowledged the
Understanding How Inflationary versus Deflationary Token Models Influence Market Liquidity?
Role of Tokenomics in the Cryptosphere Explained Tokenomics lies at the core of cryptocurrency functionality since it defines the internal dynamics or monetary rules hard-baked into crypto projects’
What is Cryptocurrency Hedge Funds: A Comprehensive Guide
Definition of a Hedge Fund Hedge funds amass funds from different investors to diversify across assets, seeking to alleviate market risks. In this case, capital from different individual
A Comprehensive Guide to Understanding Grayscale Bitcoin Trust Functions
Role of Digital Currency Investment Products Explained Cryptocurrency investment products foster institutional adoption, democratize digital currency, and ensure regulatory adherence. Additionally, they play a critical role in diversifying
A Comprehensive Understanding Offline Staking
Understanding Offline Staking This is a method of engaging in a proof-of-stake (PoS) blockchain network without divulging the staked tokens’ private keys to the online network. Specific blockchain
Authorities Raid in $30M Ends in $1.7B Seizure
Jian Wen tried buying a $30M house using Bitcoin from a suspected swindler. Authorities allegedly seized $1.7B worth of Bitcoin after an ex-restaurant employee tried purchasing a $30M
Step-by-Step Guide on Bitcoin Escrow Services: What Are They and Significance?
An Explanation of Escrow Services in Crypto Escrow services ensure open and safe transactions in the cryptocurrency world. During a transaction, an escrow service is a dependable link
‘GameStop’ Meme Coin Rallies 330% as Gaming Behemoth Ditches NFTs
GameStop might be exiting the crypto realm as a new unsanctioned GME token on Solana is now white. The revival of GameStop’s ‘meme stock’ is mainly in the
Analyst Claims Coinbase Stock Might Face Near-Term Unpredictability
Owen Lau, Oppenheimer analyst, mentions the price of Bitcoin, the result of the SEC case, and overall crypto sector health as critical factors for Coinbase’s stock price. An
United States Plot Selling $117M Bitcoin Seized From Silk Road Drug Trafficker
The U.S. intends to sell a considerable Bitcoin stash surrendered by an imprisoned drug trafficker from Maryland. The U.S. has revealed intentions to sell Bitcoin worth nearly $117M