While a number of crypto traders were hoping for a surge in Ether’s price after the long-awaited change, the first 24 hours after the Merge saw Ether falling by more than 8% to around $1,470 While a number of crypto traders were hoping for a surge in Ether’s price after the long-awaited change, the first 24 […]
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This week is a special one, for September 7, 2022 marks the first anniversary of El Salvador formally adopting Bitcoin as legal tender – the first country in the world to do so. A day before the law came into force, Bitcoin’s price was more than $50,000. On Friday, however, it was worth $20,634.97 This […]
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This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, losing more than 7% in a single day. Ether was affected too, as the second largest cryptocurrency by market cap fell below $1,700 on Saturday This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, […]
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Chainalysis noted that the trend is not likely to reverse any time soon, given the $190 million hacking of cross-chain bridge Nomad and $5 million hacking of several Solana wallets already in the first week of August. “DeFi protocols are uniquely vulnerable to hacking, as their open source code can be studied ad nauseum by […]
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