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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As negotiations and a temporary ceasefire between the United States and Iran continue, and the Strait of Hormuz begins to reopen after a period of disruption, shipping companies are facing a new threat linked to crypto fraudsters. Greek maritime risk management firm MARISKS says it has received warnings about messages being sent to shipping operators whose vessels are currently stranded to the west of the waterway, offering “safe passage” through the strait in return for crypto payments. Hormuz Ceasefire Push Meets Crypto Scam During the same window…
SoFi now supports XRP deposits. Analysts eye $1.53 resistance and warn of a drop to $0.87 if the level fails. Here’s what to watch. SoFi has added XRP to its list of supported cryptocurrencies. The national chartered bank and fintech platform now allows users to deposit, buy, sell, and hold XRP alongside Bitcoin, Ethereum, and Solana. This move positions SoFi as one of the few regulated U.S. banking institutions offering direct crypto access within a single app. The announcement arrived through the company’s official social media channels. At the time of reporting, XRP traded at $1.46, reflecting a 1.52% gain…
Bitcoin BTC$77,994.86 is nearing a decisive moment as it tests two closely aligned on-chain resistance levels, following roughly 75 days of sideways consolidation since its Feb. 6 local bottom at $60,000 as bitcoin climbs above $78,000. The first metric is the True Market Mean, currently at $78,200. This metric, tracked by Checkonchain, reflects the average acquisition price of actively circulating supply, excluding lost or dormant coins. It effectively captures the aggregate cost basis of engaged market participants. The True Market Mean filters out lost, dormant, and economically inactive coins, leaving only the cost basis of participants who are actually present…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The newly appointed Governor of the Bank of Korea (BOK) has delivered his first policy address in office, highlighting central bank digital currencies (CBDCs) and bank-issued deposit tokens while skipping any mention of stablecoins, despite South Korea’s efforts to develop a related framework and establish a local market. New BOK Governor Pushes For CBDCs In an inauguration speech on Tuesday, Bank of Korea’s new governor, Shin Hyun-song, began his term outlining the priorities the central bank will focus on over the next four years. The BOK Governor,…
With the crypto market changing, it appears that investors are slowly moving away from investing in tokens with just security, but instead choosing tokens that have a high potential upside. High-potential upside tokens can be identified within a variety of projects that include infrastructure development, highly active networks, and even young tokens. In fact, because of the very cycle, some cryptos have capitalized on it by creating risk/reward ratio opportunities for investors. TRON ($TRX) TRON has remained one of the most active blockchain networks, especially those dealing with stablecoin transactions and decentralized apps. The low fees associated with transactions via…
Another day, another exploit. The security crisis in blockchain-based decentralized finance (DeFi), once touted as a challenger to legacy infrastructure, is only getting worse.The latest victim is Volo Protocol, a platform built on the Sui blockchain, where users deposit assets into yield-generating “vaults,” which function as pooled investments. Deposited tokens such as bitcoin, stablecoins and tokenized assets are deployed using various onchain strategies to generate returns.Early Wednesday, the protocol confirmed a security breach that drained a total of roughly $3.5 million in digital assets from three of the vaults. Assets locked in other vaults were not affected, it said in…
Billionaire venture capitalist Tim Draper says he believes Bitcoin will surge more than 230% from current levels. In a new post on X, Draper reflects on his early experiences with Bitcoin and the events that shaped his long term conviction. He says his initial exposure came at around $4, ahead of major setbacks including the Mt. Gox hack. Despite those early challenges, Draper says his confidence strengthened after observing real world use cases. “It turned out that Bitcoin was being used for remitting money, paying unbanked employees, and creating economies where there weren’t any… So when I heard about the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Malaysia’s crypto sector is drawing serious outside money. Bank Negara Malaysia has spent the past year rolling out sandbox pilots and tokenization roadmaps, and now one of the world’s biggest exchanges is backing a local platform to grow alongside it. Bybit Returns With A Bigger Check Bybit led an $8 million Series A round in Hata, a Kuala Lumpur-based digital asset exchange, with global family offices also putting money in. It is not Bybit’s first bet on the company. The exchange previously led Hata’s $4.2 million seed…
This is an era where many investors have realised that the key to success is a balance between a supportive community and utility for a project. It is clear from the current presale process that is being undertaken for Little Pepe, whose token value has already reached the $28.1 million mark. It is worth noting that Little Pepe is currently in Stage 13, with the tokens trading at $0.0022 per token and moving to $0.0023 in the next stage. The presale has been able to raise $28,101,728 out of the $28,775,000 target amount while selling off 16.94 billion tokens out…
There is a popular indicator that crypto pundits watch closely for cues on whether U.S.-based investors, especially institutions, are actually buying bitcoin BTC$78,010.28 or sitting on sidelines watching the market. It is called the Coinbase premium index and as of now it is flashing the most sustained bullish signal since bitcoin traded at record highs above $126,000 in October. This index has been positive for 14 consecutive days, from April 9 through today, April 22, according to data source Coinglass. That is the longest unbroken stretch of positive readings since October. Bitcoin’s Coinbase premium. (Coinglass)Here is why it mattersThe Nasdaq-listed…