Cryptocurrency News

Algorand (ALGO) Ventures Invests in Gora Network

Algorand (ALGO) Ventures Invests in Gora Network

[ad_1] Algorand (ALGO) Ventures has recently made a strategic investment in Gora Network, a next-generation oracle built on the Algorand blockchain. This investment signifies a crucial development in blockchain technology, particularly in the realm of decentralized oracles. Oracles play a pivotal role in the blockchain ecosystem, acting as bridges between blockchains and external systems. They provide […]

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The Market’s Compass Crypto Sweet Sixteen Study

The Market’s Compass Crypto Sweet Sixteen Study

[ad_1] Welcome to this week’s publication of the Market’s Compass Crypto Sweet Sixteen Study #121. The Study tracks the technical condition of sixteen of the larger market cap cryptocurrencies. Every week the Studies will highlight the technical changes of the 16 cryptocurrencies that I track as well as individual highlights on noteworthy moves in certain

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Binance.US CEO Slams SEC’s Approach

Binance.US CEO Slams SEC’s Approach

[ad_1] Norman Reed, Interim CEO of Binance.US, has launched a scathing critique of the Securities and Exchange Commission’s (SEC) strategy for regulating digital assets, characterizing it as fundamentally flawed and harmful to the US economy. Reed, a former SEC employee, has articulated his concerns in a strongly worded op-ed for Fortune, pointing out the agency’s

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Is Tron Toast? Network Activity Crumbles As Crypto Cools Off

Is Tron Toast? Network Activity Crumbles As Crypto Cools Off

[ad_1] The Q4 report from Tron reveals a significant contrast between its thriving DeFi sector and subdued core network activity. Despite a remarkable 41% increase in Total Value Locked (TVL) in Tron’s DeFi space, securing the second position after Ethereum, the network experienced a slowdown in user growth. At the time of writing, TRX was

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Trezor reveals 66,000 users could face phishing attack

Trezor reveals 66,000 users could face phishing attack

[ad_1] The security incident happened on January 17, 2024, Trezor disclosed in a blog post published on January 20. It involved a third-party support ticketing portal that Trezor uses. Contact details included names and email addresses for up to 66,000 users were compromised. Hardware wallet Trezor has announced that a security breach at a third-party

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MetaMask Snaps Elevate Security and Interoperability in the Web3 Space

MetaMask Snaps Elevate Security and Interoperability in the Web3 Space

[ad_1] MetaMask, a prominent figure in the blockchain and Web3 domains, has recently enhanced its offerings with a series of security-oriented plugins called MetaMask Snaps. These plugins are designed to extend the functionality of the MetaMask wallet, improving security and user experience. Collaborative Efforts to Enhance Security One of the notable advancements is the collaboration

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Appeals Court Orders Appointment of Examiner for FTX

Appeals Court Orders Appointment of Examiner for FTX

[ad_1] The US federal appeals court has ordered the appointment of an independent bankruptcy examiner to investigate the collapse of FTX, the cryptocurrency exchange once headed by the now-convicted Sam Bankman-Fried. This decision, reversing a prior ruling, followed the alleged misappropriation of a staggering $10 billion in customer assets, bringing to light a case with

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Ripple CTO Breaks Down XRP Distribution And Who Controlled 99% Of Supply At Genesis

Ripple CTO Breaks Down XRP Distribution And Who Controlled 99% Of Supply At Genesis

[ad_1] The initial distribution of cryptocurrencies such as XRP has always been a hot topic for investors in the crypto community. A lot of times, the discussions stem from the fact that investors believe there was some foul play at Genesis, where some people received an unfair share of the token supply. The latest coin

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