Author: Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
Monero (XMR) experienced an 11% price increase, fueling speculation about a continued rally potentially reaching $546 amid current market conditions.
BitMine has significantly increased its Ethereum holdings by purchasing an additional 53,501 ETH, pushing its total reserve past 5.9 million.
Switchboard has paused its oracle services on the SUI and Aptos blockchains due to a potential security compromise, impacting data feeds on both networks.
Two DeFi protocols, Tectonic and Moonwell, lost $83 million due to price manipulation attacks, mirroring a 2022 incident.
Ripple revealed a four-stage quantum security plan to safeguard its network. The initiative aims to enhance security against future quantum computing threats.
Ethereum’s upcoming “The Merge” upgrade targets reducing network inflation and potentially increasing transaction speed, marking a significant shift for the blockchain.
Strategy purchased an additional 4,603 bitcoin for $369.7 million, increasing its total holdings to 845,050 BTC, signaling a bullish stance.
Strive recently acquired 1,800 Bitcoin for $143 million. This purchase increases their total Bitcoin holdings to 23,156 BTC.
Ethereum’s price shows weakness near $2,455, facing potential retest of $2,250 if crucial support at $2,400 fails.
Authorities have dismantled “TeamPCP”, a global crypto laundering operation. FBI and Australian police arrested two men in a significant blow to cybercrime,…