In an ever-evolving digital landscape, cryptocurrency exchanges face significant challenges in safeguarding user assets against an increasing wave of criminal activities. Binance, one of the largest global exchanges, has taken remarkable strides in this domain, successfully preventing over $129 million from falling into the hands of cybercriminals in 2024 alone. This achievement reflects not only
Crypto
Despite the turbulent history of non-fungible tokens (NFTs) since their meteoric rise in 2021, the market is showcasing unexpected resilience as we approach the end of 2024. Recent data compiled by CryptoSlam sheds light on the collective performance of NFTs this year, revealing surprising insights about consumer behaviors and transaction patterns. As the NFT sector
In 2024, the cryptocurrency market witnessed an extraordinary transformation, with meme coins at the center of attention. This surge in popularity transcended mere speculation, significantly impacting the dynamics of crypto investments. Not only did these whimsical tokens capture the imagination of traders, but they also became instrumental in creating a new wave of crypto millionaires.
December 2023 stands out as a landmark month for MakerDAO, a leading player in the decentralized finance (DeFi) sector. Analysis from DeFiLlama reveals that MakerDAO achieved unparalleled milestones in both fees and revenues during this period. The protocol amassed an impressive $40.86 million in fees and $26.77 million in revenue throughout December, showcasing substantial user
In the ever-evolving landscape of cryptocurrency, scams are becoming increasingly sophisticated. A recent scam reported by Kaspersky has turned the tables on opportunistic criminals, presenting a unique scheme that entices would-be thieves into a trap with the false promise of easy profits. By openly sharing cryptocurrency wallet seed phrases, scammers bait thieves into a deceptive
In a landscape as volatile and innovative as cryptocurrency, the emergence of access control vulnerabilities as the predominant threat is both alarming and revealing. In 2024, these vulnerabilities were responsible for an astonishing 75% of total hacking losses across the decentralized finance (DeFi), centralized finance (CeFi), and gaming/metaverse sectors—an increase from 50% in the previous
The cryptocurrency landscape is renowned for its volatility, and the final month of 2024 was no exception. A significant pivot in market narratives was evident, as artificial intelligence (AI) technologies emerged as the clear forerunners during this period. Meanwhile, other segments such as meme coins and modular projects faced substantial downturns. This article delves into
The cryptocurrency landscape has seen its share of volatility, yet forecasts persistently emphasize Bitcoin’s potential to remain at the forefront of this dynamic sector. A noteworthy report from Franklin Templeton regarding the 2025 crypto outlook posits that Bitcoin will further entrench itself as a cornerstone of global finance. Analysts assert that Bitcoin is increasingly being
As cryptocurrency gains momentum on the global stage, recent developments involving significant actors highlight a burgeoning international competition for Bitcoin reserves. In a noteworthy interview during Michael Saylor’s New Year’s Eve gathering in Miami, Metaplanet’s CEO, Gerovich, made compelling assertions about the United States potentially becoming a leader in the Bitcoin reserve arena, while also
The cryptocurrency landscape has seen many notorious figures, but few have garnered as much infamy as the so-called “Blockchain Bandit.” Recently resurfacing after a noticeable absence, this elusive figure has consolidated a staggering amount of digital currency, prompting both intrigue and alarm within the crypto community. The events surrounding this individual reveal significant vulnerabilities within
