Blockchain technology, the foundation of cryptocurrencies like Bitcoin and Ethereum, is renowned for its security and transparency. But within this seemingly unyielding structure lies a concept known as a “fork” – a point of divergence that can create ripples throughout the crypto landscape. Understanding blockchain forks is crucial for anyone navigating the ever-evolving world of […]
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Tag: Bitdenex
The Rise of Cryptocurrency: What Lies Ah...
Cryptocurrency has gained popularity in a short time. What started as an experimental digital cash system created by anonymous programmers is now a global financial phenomenon. Bitcoin was the original cryptocurrency launched in 2009, but over the past decade, thousands of other cryptocurrencies and tokens have been created on various blockchain platforms. The total value […]
Crypto Rollercoaster: Understanding Cryp...
The cryptocurrency world can be both thrilling and intimidating. Stories of overnight fortunes and rapid price surges abound, but equally dramatic crashes often follow these highs. This boom-and-bust cycle is a hallmark of what’s known as a crypto bubble. In this blog post, we’ll delve into the world of crypto bubbles, unpacking the factors that […]
Bithumb’s crypto exchange is under inves
Bithumb is the subject of a special tax inquiry by South Korea’s National Tax Service (NTS). The South Korean tax and legal authorities recently took notice of Bithumb, a cryptocurrency exchange. A “special” investigation into the exchange’s business practices has been launched by the tax authorities. The company’s largest shareholder has also been subpoenaed for […]
Ripple’s CEO anticipates a breakthrough
During the 118th Congress, Ripple’s CEO expressed cautious optimism about regulatory clarity for cryptocurrencies. Crypto regulation receives bipartisan support On Jan. 3, Brad Garlinghouse, CEO of financial technology company Ripple Labs, stated that the newest session of Congress will finally streamline crypto regulations. Garlinghouse noted that crypto regulation was supported by both the Democratic and […]
Defrost Finance receives stolen funds, “
Defrost Finance, a decentralized leverage trading platform on Avalanche (AVAX), suffered a flash loan attack on December 23. As a first step, they took roughly $12 million, but the platform claims it received the funds and planned to “refund investors.” Further, Defrost Finance’s team claims a stolen owner key breached its V1 protocol, while others […]