CRYPTO
WHAT about hacking $235 million?
WazirX, an Indian cryptocurrency exchange, has revealed a strategy to lessen the impact of a recent attack that cost the company almost $235 million. The exchange introduced a “socialized loss strategy” in response to the hack, which compromised 45% of user cash, in an effort to preserve platform stability and provide what it says a…
Asia’s rising influence
Asia has at least three factors, besides market trends and a sizable population, to merit becoming the global hub for the web3 and cryptocurrency businesses.More info abouth this: https://crypto.news/cryptos-new-epicenter-asias-rising-influence/ As US legal concerns force enterprises eastward, Asia is emerging as the core of the cryptocurrency industry. Numerous companies have begun to pull out and search…
Japan Meetup Report
There were two Kaspa Family get-togethers this week (July 12) in the Japanese community. Although Kaspa is becoming more and more popular globally, it is still relatively unknown in Japan; yet, this event brought Japanese Kaspa lovers together. The event was attended by a large number of individuals, including those who were familiar with Kaspa,…
Trump Speaks Saturday at the Bitcoin Conference. Here’s What Attendees Like ‘The Crypto Patriot’ Hope He Says.
https://www.coindesk.com/business/2024/07/26/trump-speaks-saturday-at-the-bitcoin-conference-heres-what-attendees-like-the-crypto-patriot-hope-he-says
Cardano Eyes Tesla Collaboration As Market Speculation Soars, ADA Price Surge Expected
https://cardanofeed.com/en/cardano-eyes-tesla-collaboration-speculation-970
Volume on the first day of the Ethereum ETF is $600M.
Over $600 million worth of volume was traded on the first day of Ethereum’s spot ETF, split across eight different ETF companies.According to statistics from Bloomberg, the eight newly created spot Ethereum (ETH) exchange-traded funds (ETFs) saw roughly $600 million in trading during the first half of their debut day. By 12:30 PM ET, Grayscale’s…
Latest news on DeFi
Within the broader cryptocurrency and blockchain business, the field of “decentralized finance,” or “DeFi,” focuses on offering a decentralized version of traditional financial opportunities. In the real world, financial organizations provide their clients with services like loans and cash storage. On the other hand, centralized organizations control these offers. DeFi solutions leverage distributed ledger technology…
SHOCKING INFORMATION!
2010 When Laszlo Hanyecz, a programmer, spent 10,000 bitcoin for two Papa John’s pizzas that were delivered on May 22, Bitcoin made history. Back then, the two pizzas were worth roughly $40; at the current bitcoin price, that transaction would be worth almost $660 million. WOOOW !!! Not too long afterward, Tokyo-based Bitcoin exchange Mt….
Did you know ? part 3
2008Thought to be a pseudonym used by a single person or group of people, Satoshi Nakamoto contributed to the creation of the original Bitcoin software and released a white paper outlining the idea of cryptocurrencies and blockchain. The white paper states that blockchain technology would enable safe peer-to-peer transactions without requiring the involvement of governments…