Arcadia Finance Hacked for $2.5M: Can It Recover?
The decentralized finance sector has witnessed yet another hack, right in the midst of a bull run.
Cryptocurrency News
Stay up to date and explore the latest news stories about cryptocurrencies including price forecasts, expert analyses and much more we know about cryptos
SOL Price Analysis: Solana Stalls at $165 During Pump.Fun $5.6B Launch
Solana traded sideways near $163 on Monday, underperforming the broader altcoin market despite Bitcoin’s record highs, as the controversial Pump.Fun token launch created technical failures and diverted investor attention from SOL.
SUI Price Confirms $5 Target as TVL Hits All-Time Highs Above $2.2B
Sui cryptocurrency climbed 9% on Monday, approaching the $4 milestone as Bitcoin’s record rally to $123,500 fueled demand for DeFi services, pushing SUI’s total value locked to a new high of $2.2 billion.
Stellar Price Explodes 110% in 6 Days: XLM Outperforms Bitcoin, Ethereum in Crypto Rally
By Ibrahim Ajibade
• 3 mins read
Stellar price reached a six-month high of $0.46 after delivering 109% gains in six consecutive sessions, with XLM trading volumes surpassing major rivals like BNB and Dogecoin.
US House Kicks Off ‘Crypto Week’ With Votes on Landmark Digital Asset Bills
By Zoran Spirkovski
• 2 mins read
The US House of Representatives launched “Crypto Week” today, advancing three pivotal cryptocurrency bills through the Rules Committee that could reshape America’s digital asset regulatory landscape
Gemini Adds 14 New Tokenized Stocks Including Nike, Uber, McDonald’s, in EU Push
By Zoran Spirkovski
• 3 mins read
Gemini has rapidly expanded its tokenized stock offerings for European Union customers to 37 equities through a multi-phased rollout, with the latest additions including major consumer and travel brands.
$50B Crypto Giant Grayscale Targets Public Market After Circle Success
By staff writer
• 2 mins read
Grayscale Investments submitted a confidential draft registration statement to the SEC on July 14, signaling its intent to go public. The filing follows recent crypto IPO successes like Circle’s 500% stock increase.
Layer 2s Now Handle 85% of All Transactions, Dune Report Says
By Zoran Spirkovski
• 2 mins read
According to a new report from Dune Analytics, over 85% of transactions now occur on Layer 2s, though Ethereum’s mainnet continues to settle the vast majority of all value transferred.
Bhutan on Bitcoin Selling Spree as Price Hits Fresh All-Time High
By Bhushan Akolkar
• 2 mins read
The Royal Government of Bhutan has sold 512.84 BTC worth $59.47 million over the past four days, bringing its total Bitcoin sales to 650 BTC.
OKX Taps PayPal to Boost Crypto Access for Users Across Europe
By Zoran Spirkovski
• 3 mins read
OKX has integrated PayPal as a payment option for its European users, simplifying crypto purchases across the EEA with a limited-time zero-fee offer.
Pump.fun User Just Burned $75K Worth of PUMP Tokens
By Parth Dubey
• 2 mins read
A user accidentally burned $75,000 worth of PUMP tokens while cleaning low-value tokens from his wallet.
Avalanche to $26? Key Indicators to Watch as Bull Mulls More AVAX Price Rally
By Godfrey Benjamin
• 3 mins read
Avalanche price has recovered from a 5-month descending channel and has now hit $21.81 amid expectations of more breakout ahead.
Will Hedera (HBAR) Price See Further Upside After 55% Rally?
By Bhushan Akolkar
• 2 mins read
Hedera’s native token HBAR has surged 55% over the past week, with its market cap hitting $10.5 billion, overtaking Shiba Inu and Bitcoin Cash.
Digital Asset Investments Record $3.7B in Inflows: Second-Highest in History
By Parth Dubey
• 2 mins read
Digital asset investment products recorded $3.7 billion in inflows last week, marking the second-largest weekly inflow in history.
Robert Kiyosaki Is Buying One More Bitcoin, But Stops For Now
By Parth Dubey
• 2 mins read
Robert Kiyosaki has added another Bitcoin to his portfolio as BTC hits $123K, but warned against emotional buying.
Latest Cryptocurrency news
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
What is Blockchain?
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
How does Blockchain work?
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
What are Cryptocurrencies?
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
What does the future hold for Blockchain and Cryptocurrency?
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
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