Author: John Smith
Key Takeaways Losses in DeFi dropped by 40% to $474 million, down from $787 million in 2023. Hacken highlighted that 44% of all DeFi-related losses in 2024 were linked to poor access control mechanisms. The decentralized finance (DeFi) sector reported a significant reduction in financial losses from security breaches in 2024, according to blockchain security firm Hacken’s latest “Web3 Security Report.” Losses in DeFi dropped by 40% to $474 million, down from $787 million in 2023. The report credits the decline to the adoption of multiparty computation (MPC) and zero-knowledge proofs (ZKPs) for the reduction in defi hacks. Further bridge-related…
Key Takeaways The ban, which will last for six years until March 15, 2031 seasonal restrictions will be imposed in three Siberian regions—Irkutsk, Buryatia, and Zabaikalsky. Russia has announced a regional ban on crypto mining, set to commence on January 1, 2025. The ban, which will last for six years until March 15, 2031, was introduced as part of legislation signed by President Vladimir Putin in August and October 2024. The ban will apply to ten regions: Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, and the newly annexed territories of Donetsk, Lugansk, Zaporizhzhia, and Kherson. These areas have been identified…
Over the years, the casino industry has experienced changes, especially regarding the ever-emerging technologies and the changing preferences of the gambler. In the past, virtual casinos were only the simplest counterparts of physical casinos, where the main aim was to simulate the process of gambling. Nonetheless, they have gradually developed into highly elaborate events, primarily because of the innovative use of modern technology. Some of the innovations that have been incorporated in this field include some of the following interesting technologies; Virtual Reality in Gambling. Enhancing the Player Experience Enhancing the Player Experience True to its meaning, VR technology changes…
With its decentralization, anonymity, and global nature, the cryptocurrency market offers groundbreaking potential for investments, payments, and transfers. However, its very nature makes it a hotbed for various cyber threats. From the exchange of USDT to ETH to converting ETH to more traditional currencies like the Romanian New Leu (RON), each step brings its own set of challenges and risks. This article delves into the cyber dangers lurking in the crypto world and outlines robust strategies to combat these threats effectively. The Perils of Crypto Exchanges: From USDT to ETH Cryptocurrency transactions are prime targets for cybercriminals, especially when conducting…
Understanding the nuances of market trends in the crypto realm and the investment potential of various platforms is crucial for informed decision-making. Solana (SOL) and an arbitrary (ARB) cryptocurrency serve as intriguing subjects for this analysis, offering unique perspectives on technology, adoption, and market behavior. This article delves into the investment landscape surrounding the SOL vs. ARB entities, providing insights into their current positions, potential challenges, and future opportunities. Technology and Market Position Solana’s Technological Edge Solana has distinguished itself in the blockchain space with its high-performance capabilities, particularly in terms of transaction speed and scalability. This technological prowess has…
Key Takeaways The attacker gained control of at least 15 high-profile accounts Many of the targeted accounts had substantial followings, with some having over 200,000 followers A series of phishing attacks targeting X accounts has led to the theft of approximately $500,000 over the past month, as per blockchain investigator ZachXBT. The attacker gained control of at least 15 high-profile accounts, many within the digital asset sector, including those belonging to Kick, Cursor, Alex Blania, The Arena, and Brett. The attacker initiated the scam by sending fraudulent emails disguised as notifications from X, warning of copyright infringements. These emails were…
Thus, in this post, we are exposing the algorithmic trading strategies, giving insight into the key components and advantages of these methods. Here, again, it identifies approaches ranging from trend following to mean reversion and pairs trading and describes how they work to take advantage of the markets. Its readers will learn about backtesting and optimization to make their strategies better and at the same time see the importance of risk management. The Top 10 Best Algorithmic Trading Strategies consist of the following: 1. Scalping Scalping is a fast-moving approach which is a purely intraday technique that seeks to earn…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover why Solana, Dogecoin, and Lightchain AI are top picks for 2025, with LCAI predicted to rally by 30,000%. As the cryptocurrency market approaches 2025, Solana (SOL), Dogecoin (DOGE), and the rising altcoin Lightchain AI (LCAI) are drawing serious attention from investors. While Solana continues to dominate the blockchain space and Dogecoin holds its ground in the meme coin market, Lightchain AI is emerging as a potential game-changer. Investors are buzzing about its explosive growth potential, particularly with the…
Union Square Ventures has transferred 578,000 $UNI tokens to Coinbase Prime in the past nine hours, which is worth approximately $8.45 million. The action is part of a wider trend of the move of Uniswap (UNI) tokens sticking by USV previously this month, as reported by Ember Scan. On Dec. 19, the UTIMCO-backed venture capital firm transferred an additional 1.156 million UNI tokens to Coinbase Prime, which was valued at approximately $17.34 million at the average price of $15.07 per historical data. USV 在 8 小时前继续向 Coinbase Prime 转移了 57.8 万枚 $UNI ($8.45M)。USV 从 12/6 开始将 2020 年通过投资获得的 UNI 转移至…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Speculation about an XRP ETF heats up, but a rising altcoin with 18,000% growth potential could steal the spotlight before year-end. As speculation about a possible XRP ETF grows, attention is turning to another cryptocurrency that could surge by 18,000% before the new year. This emerging altcoin is capturing interest with forecasts of tremendous gains. Could this digital asset be the next to upend the market and deliver astonishing returns? The unfolding story promises intriguing insights. DOGEN pumps hard:…