A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price. The bug seems to be prevalent with Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collectibles, where the exploiter managed to buy them at their old…
Solana (SOL)—now valued at $86—has crashed by more than 16% during the last 24 hours and roughly 40% over the previous week, during what has been a brutal price crash for the broader crypto market. SOL’s current price is now a full 68.3% shy of its all-time high of $259, set on November 6, 2021. Elsewhere in the crypto market,…
Gender is associated with both psychological and demographic factors when it comes to crypto investment, new academic research revealed. A new study has shed light on the differences between men and women in different aspects of crypto trading and investment, revealing that 60% of women have very limited or no knowledge about crypto assets, a critical element affecting investments, while…
With over $12.2 billion is total value locked (TVL) across its ecosystem, Fantom has overtaken the Binance Smart Chain (BSC) to become the third-largest crypto protocol in decentralized finance (DeFi), according to data from DefiLlama. Fantom belongs to the new generation of proof-of-stake blockchains looking to compete with Ethereum by solving scalability problems like the cost of transactions, throughput, and…
The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore. The institution will offer funding in the form of grants to support initiatives built on top of the Luna network. One of its biggest functions will be to establish a “forex reserve” that will aid UST, the companion stablecoin…
Bitcoin (BTC) has just reentered a key price zone which has signalled the beginning of the end for bear phases, data confirms. In a tweet on Jan. 24, Charles Edwards, founder of crypto investment firm Capriole, flagged Bitcoin’s network value to transaction (NVT) ratio metric as it delivered a new and rare “oversold” signal. NVT says it’s reversal time Bitcoin…
Bitcoin (BTC) is a New York state of mind thing for Eric Adams, the crypto advocate serving as the 110th Mayor of New York City. He received his first Bitcoin payout on Friday during some epic downward price action, and was unflappable when asked about losses during an interview. The Bitcoin price has taken a nosedive from Friday highs of…
The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021. The South Korean central bank said that the first phase of its CBDC mock testing was completed in December while the second phase is currently underway, reported YNA news. The first phase of the mock test involved some…
Bitcoin (BTC) is starting the final week of January in a place no one wanted but many warned about — a 50% drawdown from all-time highs. A flight to $34,000 means that BTC/USD is now down by half in just two months, and perhaps naturally, concerns are that the losses could continue. With $30,000 so far unchallenged, Bitcoin remains slightly…
Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech development and chase away blockchain specialists, Durov says. Durov Speaks Out Against Bank of Russia Push for Crypto Ban The cryptocurrency ban proposed by the Central Bank of Russia (CBR)…
