Arbitrum vs. Polygon: The Changing Dynamics of Layer 2 Networks
The competition between Layer 2 (L2) networks has taken an interesting turn. Polygon (MATIC), once the most popular L2 network, is now facing stiff competition from a recently launched L2…
Starknet Community Embraces STRK: A New Era of Gas Tokens
The Starknet community has made a groundbreaking decision that could potentially redefine the landscape of gas tokens. The yet-to-be-launched native cryptocurrency, STRK, has received an overwhelming endorsement from the community,…
Gamma Strategies Saga: A $3.4 Million Crypto Heist
In the dynamic world of decentralized finance (DeFi), security breaches are a harsh reality. Gamma Strategies, a leading DeFi protocol, recently faced a cyber attack that led to the theft…
Standard Chartered Predicts Bitcoin Boom: A Surge to $200,000 by 2025
Standard Chartered, a multinational bank, has issued a bullish forecast for Bitcoin, anticipating a potential surge to nearly $200,000 by 2024. The bank’s prediction hinges on the approval and success…
Cryptocurrency transactions above $10,000 must be reported to the IRS under a new US regulation
As new tax regulations take influence in the United States, the crypto world is undergoing significant transformation. The Infrastructure Investment and Jobs Act, which was passed in November 2021, imposed…
2024’s Crypto Titans: Top Altcoins to Keep on Your Radar
As we venture into 2024, the cryptocurrency landscape continues to evolve at a rapid pace. While Bitcoin remains a stalwart in the crypto world, a host of altcoins are vying…
Cryptocurrency transactions above $10,000 must be reported to the IRS under a new US regulation
As new tax regulations take influence in the United States, the crypto world is undergoing significant transformation. The Infrastructure Investment and Jobs Act, which was passed in November 2021, imposed…
Radiant Capital’s $4.5M Flash Loan Exploit
Radiant Capital, a cross-chain lending protocol, recently encountered a flash loan exploit that led to the unethical withdrawal of $4.5 million (2337 ETH) from its recently launched USDC Coin (USDC)…
Bitcoin’s 7% Plunge: Unraveling the Miner’s Role
In an unexpected turn of events, Bitcoin, the world’s largest cryptocurrency by market capitalization, has seen a significant drop of nearly 7% in its value. This sudden plunge has left…
cNGN stablecoin approved for release by the Central Bank of Nigeria
An important step forward has been made in Nigeria’s cryptocurrency industry with the Central Bank of Nigeria’s (CBN) official approval of the cNGN stablecoin. The Africa Stablecoin Consortium (ASC), a…
