altcoins
Pepe (PEPE) and AIOZ Network (AIOZ) have emerged as notable gainers in today’s cryptocurrency market, each experiencing significant price movements driven by distinct factors. While PEPE grapples with the aftermath of a whale dump, AIOZ rides the wave of excitement following its listing on Bithumb. At the same time, Bitbot’s ongoing presale is signalling a growing appetite for innovative trading solutions in the crypto space. Pepe (PEPE) price drops after whale dumpPepe (PEPE) has experienced a tumultuous ride in the past 24 hours, with its price slipping nearly 5% despite a notable 21.72% inc...
Invezz
The largest Friend.tech (FRIEND) whale, identified as “Murphys1d,” sent shockwaves through the crypto community by swiftly offloading over 55,000 newly issued FRIEND tokens right after the platform’s airdrop launch on May 3. The whale’s move caused the value of the FRIEND token to plummet by more than 75%, with prices nosediving from $3.26 to just $0.8095 within hours. Although the price had recovered to around $1.17 at press time, the sudden token sell-off has caused chaos among users just after the token airdrop launch. Users like Luke Martin lamented their inability to claim their airdroppe...
Invezz
In a significant development, Curve Finance, the protocol behind Curve DAO (CRV) cryptocurrency, has recognized the contributions of cybersecurity researcher Marco Croc by awarding him $250,000 for uncovering a critical vulnerability within the protocol. The researcher, operating under the pseudonym Marco Croc and representing Kupia Security, identified a reentrancy vulnerability in Curve Finance’s decentralized finance (DeFi) protocol. The identified vulnerability had the potential to facilitate hackers facilitate hackers in pulling out substantial amounts from cryptocurrency protocols. By di...
Invezz
Today’s Bitcoin price plunge below $57,000 has sent shockwaves through the market, as the entire crypto market slides. However, as popular cryptocurrencies slide, projects like Kangamoon are emerging, offering innovative solutions and opportunities for enthusiasts. Let’s delve into these latest developments in the crypto space, exploring Bitcoin’s dip and the burgeoning Kangamoon project. Bitcoin’s price dipBitcoin has plummeted below the crucial $60,000 support level hitting fresh multi-month lows, marking its worst month since November 2022. After sliding to almost $56k, the BTC price had re...
Invezz
A dip-pocketed crypto investor caught the attention of market participants with massive Dogecoin (DOGE) transfers. The whale withdrew 226.3 million, worth approximately $40M, DOGE coins from Robinhood on April 30. One transaction involved 150 million tokens, while another moved 76.3 million Dogecoin units. A shift in market dynamics? Whale movements remain crucial in the cryptocurrency market as they often confirm possible future market actions. Large-scale investors influence sentiments within the marketplace, resulting in heightened price volatility. Moreover, crypto expert Michael van de Po...
Invezz
The most recent in a series of DeFi hacks happened less than 36 hours ago to the Nomad project. The ambitious dApp promised cross-chain interoperability with “increased safety“, giving developers the option to “securely build cross-chain applications (or xApps) and bridge assets between chains”. It was namely this feature that got exploited, letting hackers and allegedly random users on public Discord servers drain over $190 million worth of cryptocurrencies through the project’s bridging Smart Contract in what is dubbed as the “First Decentralized Robbery“. Q2 2022 hedge fund letters, confere...
ValueWalk
When RiskHedge chief analyst Stephen McBride told me he was launching a crypto service, my first thought was… Q3 2021 hedge fund letters, conferences and more The timing could not be more perfect. The Crypto Market Is Sitting On The LaunchpadAs I’ll show you today, the charts tell me the entire crypto market is sitting on the launchpad. The crypto space hasn’t looked this primed to surge in a long, long time. If you’re new to RiskHedge, I’m a professional trader. I use price, volume, and other “charting” indicators to identify assets before they take off. Today, let’s look at the crypto market...
ValueWalk
As the most popular cryptocurrency by far, Bitcoin is often assumed to represent the entire ecosystem. So when critics point out the amount of energy that is being used by the “Proof of Work” network, the market as a whole is affected. Q2 2021 hedge fund letters, conferences and more In reality, many cryptocurrencies use a different technology to secure and operate their networks called Proof of Stake, which does not require the electrical load of Bitcoin. The comparatively negligible environmental impact of Proof of Stake based cryptos is an important advantage, but the opportunity is much la...
ValueWalk
Ethereum’s the new ‘silver’ of the crypto market, but it’s imperative to have solid asset backing, says Crypto expert Q1 2021 hedge fund letters, conferences and more Ethereum Is Becoming The New SilverGregory Klumov, CEO of STASIS, EXANTE’s sister company, has said that Ethereum is vastly becoming the new silver of the crypto market, however, he’s compared the crypto industry to a casino, with everyone piling in to try and make a quick profit. He says that this could be dangerous and therefore investors need to protect themselves with a solid asset backing. Gregory says: “The cryptocurrency i...
ValueWalk
Altcoin or alternative coin is a generic term used to describe all forms of cryptocurrency that came after Bitcoin. In the cryptocurrency world, Bitcoin enjoyed a monopoly for about two years before the first altcoin was introduced. Bitcoin being the first and most popular cryptocurrency is now out of the reach of many investors because of its high price, which is over $19,000 for one coin. So, those interested in investing in crypto go for altcoins that are popular but aren’t as expensive as Bitcoin. If you also have similar plans, then detailed below are the top ten alt coins by market cap.Q...
ValueWalk
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