October 2024

BingX Bounces Back: $43 Million Hack Sparks Major Security Upgrade

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Leading cryptocurrency trading platform BingX has fully restored its operations following a significant cyberattack in September that resulted in the theft of over $43 million worth of cryptocurrencies. The exchange, which had been working tirelessly to recover from the breach, has now assured its users that their funds are safe, and all services, including deposits […]

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Vitalik Buterin Proposes Gas Fee Reductions to Boost Ethereum’s Transaction Speed Amid Solana Competition

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Ethereum co-founder Vitalik Buterin has unveiled an exciting new proposal aimed at improving Ethereum’s gas fee structure, with the potential to increase the network’s transactions per second (TPS) by 1.5x. This development comes at a crucial time, as Ethereum faces growing competition from Solana, a blockchain that recently overtook it in terms of daily gas

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BlackRock Bitcoin ETF Surges Past $23.5 Billion After Larry Fink’s Statement on Bitcoin Adoption

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BlackRock’s Bitcoin ETF (IBIT) is making headlines, driving unprecedented inflows in the U.S. Bitcoin ETF market. On Wednesday, IBIT recorded a jaw-dropping $300 million in daily inflows, pushing its total to more than $23.5 billion since its inception. But what exactly is fueling the enormous demand for IBIT? BlackRock’s IBIT Leads the Bitcoin ETF Race

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SOL Price Rallies 5.62% as AI Meme Coins Drive Massive Network Growth

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Solana (SOL), Ethereum’s major Layer-1 competitor, is making a bold statement as it records a massive increase in daily revenue, pushing the SOL price up by 5.62% to $174, and its market cap soaring to an impressive $82 billion. This remarkable growth has positioned Solana as a key player, even overtaking Ethereum in terms of

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Solana WEEKLY Update: A Closer Look at Recent Breakouts and Market Dynamics

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On the weekly chart, Solana broke through the $159 resistance zone and reached the $167 price zone, where it is currently facing resistance. The $159 level was significant, having experienced multiple instances of resistance on a weekly basis. The daily chart provides a clear view of the current situation. We can observe a break of

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