December 2024

Why Is Ripple’s (XRP) Price Down Today Again?

Why Is Ripple’s (XRP) Price Down Today Again?

TL:DR; Although most cryptocurrencies have turned red once again amid another market-wide retracement, XRP’s price has dropped by a bigger percentage than most and is shaky at $2. Analysts are speculating about the asset’s potential during this cycle and have outlined an important support level that needs hold; otherwise, XRP could plummet toward $1. XRPUSD. […]

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How Bitcoin Is Giving The USA and Russia a Game to Play That Both Can Win

How Bitcoin Is Giving The USA and Russia a Game to Play That Both Can Win

The incoming second Donald Trump administration has extensive plans to cement US leadership in developing blockchain cryptocurrencies and delivering their products to markets. Meanwhile, Russia is using Bitcoin to conduct commerce outside the traditional finance channels in the face of international sanctions. While these developments certainly bear strategic adversarial overtones, the way Bitcoin changes the

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RWA Tokenization Skyrockets: TVL Surges 58X in 3 Years

RWA Tokenization Skyrockets: TVL Surges 58X in 3 Years

The real-world asset (RWA) sector has experienced meteoric growth over the past three years, soaring 58 times its previous valuation. Recent data from DeFiLlama revealed that its total value locked (TVL) now stands at an all-time high of $8.217 billion, with a $1 billion spike coming within the last seven days alone. Major Players Fueling

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Crypto Scammers Bait Thieves with Public Seed Phrases in New Scheme: Kaspersky

Crypto Scammers Bait Thieves with Public Seed Phrases in New Scheme: Kaspersky

A new crypto scam appears to be flipping the script on thieves. By publicly sharing seed phrases, scammers set up bait wallets that entangle opportunists in a deceptive scheme designed to exploit their attempts to steal funds. According to cybersecurity firm Kaspersky’s latest findings, scammers post crypto wallet seed phrases on YouTube comments using newly

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Access Control Vulnerabilities Cause $1.7B in Losses Across CeFi, DeFi, and Gaming

Access Control Vulnerabilities Cause $1.7B in Losses Across CeFi, DeFi, and Gaming

Access control vulnerabilities have emerged as the leading cause of crypto hack losses in 2024, accounting for a whopping 75% of total damages across decentralized finance (DeFi), centralized finance (CeFi), and gaming/metaverse sectors, excluding phishing attacks. According to Hacken, this marks a significant increase from 50% in 2023, with losses tied to unauthorized access and

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Binance Prevents Over $129M From Being Lost to Scams in 2024 via AI and ML

Binance Prevents Over $129M From Being Lost to Scams in 2024 via AI and ML

Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In its Anti-Scam Refund Initiative end-of-year report, the company outlined how it deployed cutting-edge artificial intelligence (AI) and machine learning (ML) technologies to transform digital asset security from reactive measures to proactive defense strategies. Anti-Scam Initiative According to

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Coingarage: Bringing the Most Crypto Utility to Europe

Coingarage: Bringing the Most Crypto Utility to Europe

Last year, Europe launched the Markets in Crypto Assets (MiCA) framework, a regulatory guideline that governs how crypto is used in the continent. Since then, local crypto investors have flocked to the industry by joining European crypto exchanges operating in the continent. While at it, these investors are in the quest for the most profitable

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Meme Coin Trends Surge in 2024, Capturing 30% of Investor Attention Across Crypto

Meme Coin Trends Surge in 2024, Capturing 30% of Investor Attention Across Crypto

2024 saw massive gains for the crypto market, but meme coins dominated the narrative. Owing to its notable resurgence, several meme coins even emerged as some of the top-performing cryptocurrencies of the year, contributing to the rise of new crypto millionaires along the way. Speculative Meme Coins Take Over Crypto According to CoinGecko’s report, meme

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2024 NFT Revenue Tops Last Year’s $8B Mark

2024 NFT Revenue Tops Last Year’s $8B Mark

The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more

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Zoom Meeting Scam: Crypto Users Fall Prey to Potential Russian-linked Hackers

Zoom Meeting Scam: Crypto Users Fall Prey to Potential Russian-linked Hackers

Cybercriminals are once again exploiting trusted tools for malicious gains. This time, a phishing campaign centered around fake Zoom meeting links has left victims counting massive losses in cryptocurrency. Fake Zoom Invites Mask Malware A recent report by blockchain security firm SlowMist detailed a sophisticated phishing campaign targeting cryptocurrency users through fake Zoom meeting links.

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