The non-KYC centralized exchange eXch has strongly denied allegations of laundering stolen funds from the historic Bybit hack on behalf of the notorious Lazarus Group. The accusations claim that eXch processed millions of dollars in stolen funds tied to the North Korean hacking collective. In response, eXch issued a statement labeling these claims as baseless

In a technical chart shared today, crypto analyst Koroush Khaneghah, Founder of Zero Complexity Trading, underscores Solana’s ongoing downtrend, highlighting pivotal support and resistance levels on the SOL/USDT Perpetual (Binance) daily timeframe. According to the chart, Solana has lost several key zones and is currently hovering near the $157 area—what Khaneghah labels as the “last

Kai Wawrzinek, co-founder of Impossible Cloud Network, discusses the concept of Decentralized Physical Infrastructure Networks (DePIN) as a potential alternative to the monopolistic model currently dominating the technology industry. By decentralizing core infrastructure, DePIN aims to democratize access and decentralize digital control, bridging the gap between Web2 and Web3. Key sectors like cloud computing, automotive,

Litecoin is showing resilience in the crypto market, with the potential to break multi-year highs at $147. Despite the overall negative sentiment in the market, LTC has been holding strong just below key supply levels, sparking optimism among investors for a potential breakout. One of the key factors driving Litecoin’s strength is the growing speculation

In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers

In summary, Singapore-based Bgin Blockchain Limited has filed for a $50 million IPO in the United States, aiming to raise funds for its crypto mining operations. The company specializes in developing mining rigs for alternative cryptocurrencies and has seen significant growth in sales. This IPO aligns with a broader surge in crypto-related public offerings in

Dogecoin (DOGE) has once again captivated the crypto market, as significant investors have initiated transactions that suggest a potential price increase. DOGE billionaires have amassed approximately 110 million tokens in the past 48 hours, indicating a significant level of interest in the meme-inspired cryptocurrency. Although some analysts interpret this as a positive sign, technical indicators

Bitcoin’s price rally may be under threat as it continues to trade under $100,000. According to analysts at JPMorgan, there has been a notable decline in institutional interest in the crypto industry, particularly through Bitcoin and Ethereum futures contracts. Institutional investors have played a significant role in Bitcoin’s price rallies in the past year, pushing

Bitcoin appears to be on the verge of a major price movement, and data suggests that volatility could return in a big way. With Bitcoin’s price action stagnating over the past few weeks, let’s analyze the key indicators to understand the potential scale and direction of the upcoming move. Volatility A great place to start

Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens, BRC-20 tokens leverage the Bitcoin Ordinals protocol to inscribe data onto individual satoshis, making them transferable and tradable. Origins of BRC-20 Tokens The BRC-20 token standard was introduced by a pseudonymous

A new technical analysis on TradingView suggests Bitcoin may be approaching a decisive moment, with a possible breakdown below key support levels. This analysis comes amidst a weakening buying pressure in Bitcoin, which opens up the possibility of a break below a strong support level. If this happens, Bitcoin could see further downside to $80,000

Another week, another set of fascinating developments to look at on the Africa crypto scene. Nigeria continues to open up to crypto investors as a significant debit card service is now operational in that market. Meanwhile, OKX is betting on Africa’s future as Tether signs a deal with Guinea to be part of its “Innovation

Joe McCann, a hedge fund founder with over 25 years of experience, has developed a unique approach to investing in meme coins. His Technology Master Fund is ranked third globally in terms of 12-month cumulative returns as of March 2024. McCann’s strategy, known as Meme Street, combines traditional risk mitigation techniques with the volatility of

In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet.  The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion. Bybit Hack Linked To North Korea’s

Bitcoin mining is a tough business. When one considers deploying economic resources to mine traditional commodities such as gold, copper or oil, prospecting for those resources in the field is always done beforehand, to ensure that any capital invested in a mining project will not be in vain. But due to the very nature of