Fei Protocol, a popular decentralized finance (DeFi) platform, has announced that it is offering a bounty of $10 million to any hackers who can successfully retrieve the funds stolen from various Rari Fuse pools. These funds are estimated to be worth nearly $80 million. According to smart contract auditor BlockSec, the aforementioned heist was putContinue reading “Fei Protocol offers $10M bounty for retrieval of $80M loot”

Belgium’s Financial Services and Markets Authority (FSMA) has announced a new rule requiring all crypto-exchanges and custodial wallet services in the region to register with the agency from 1 May. This new regulation is part of Belgium’s ongoing efforts to regulate the growing crypto-industry. This will ensure businesses operating in this space are held toContinue reading “Belgium’s FSMA takes initiative to regulate crypto-businesses, services”

Zcash, one of the market’s leading privacy coins, has been under the cosh lately. Not only has its price action been underwhelming, but its future in light of new proposed EU regulations may be at risk too. This, in fact, was a concern shared recently by Coinbase CEO Brian Armstrong when he tweeted, “On 31Continue reading “Zcash reveals Edward Snowden’s key role in 2016 ceremony”

AAVE’s price seemed to be forming a base around a stable support level, at press time, hinting that an uptrend is likely for the altcoin. In fact, the day opened extremely bullish for the crypto as AAVE founder and CEO Stani Kulechov tweeted an interested tweet. Kulechov claimed that he will ‘joining’ Twitter as interimContinue reading “AAVE’s price is rallying, but is it time to bet on it”

Bitcoin’s price, at the time of writing, flashed an interesting yet extremely bearish setup, one that has already been breached. Therefore, investors need to tread lightly around BTC and altcoins since a continuation of this trend could lead massive sell-offs. BTC ready for a massive move? BTC seemed to be traversing a bearish continuation patternContinue reading “Bitcoin [BTC]: Why a ‘theoretical target’ of $21.5K is worth looking at”

Dogecoin’s price was hovering inside a massively bullish setup, with DOGE having recently broken out of it. This development is extremely bullish not just from a technical perspective, but also from a fundamental outlook. Therefore, sidelined buyers need to take a closer look at this dog-themed crypto. Especially as humungous gains await in its future.Continue reading “Dogecoin: How far will DOGE go on the back of Musk’s catalyst”

Solana’s price has been coiling up between two significant barriers, indicating a drain in volatility for the altcoin. As a result, the daily returns for SOL have been stuck below 6% for roughly two weeks with no signs of a breakout.  However, the latest movement of the two barriers signals that a bullish explosion inContinue reading “Solana [SOL]: Everything about the bullish signal hinting at a 42% rally”

Kraken, one of the world’s largest cryptocurrency exchanges, has been granted a crypto-trading license by the Abu Dhabi Global Market (ADGM). This is a major development for Kraken as the UAE is one of the most important financial centers in the world. The license will allow Kraken to operate a crypto-asset exchange and custody platformContinue reading “Kraken crosses new frontier after Abu Dhabi GM grants crypto trading license”

ApeCoin’s price shows an interesting technical outlook as it approaches a crucial hurdle. A swift move above this barrier could trigger an uptrend, one that is likely to set a base and make a run for the all-time highs. ApeCoin price ready for recovery? APE’s price has dropped massively since its all-time high of $17.46Continue reading “This altcoin could soon be APE-ing to rally by 20%”

Dogecoin’s price has been trending sideways for quite some time. However, tomorrow holds a special place for not just DOGE holders, but the entire crypto space. Cryptocurrency investors and Twitter are well-known for memes. With Dogecoin being the original memecoin, there is a good chance retail investors could trigger a buying spree, propelling DOGE higher.Continue reading “Dogecoin: 55% on 4/20? What’s next for DOGE on this meme day”

Bitcoin’s price looks like it is in a rut after the recent crash that began on 5 April. This downswing confirms an ongoing consolidation that, fortunately, forecasts that a short-term uptrend is likely for BTC. BTC remains bullish but faces an uphill battle Bitcoin’s price has crashed by roughly 18% since 28 March from $48,238Continue reading “Bitcoin’s whales are buying the dip and this is what it means”

Ethereum’s price, at press time, was picturing an interesting setup after its latest crash. ETH seemed to be hovering above a crucial support area, one that prevented a further increase in selling pressure by absorbing it. Therefore, interested investors can start accumulating the smart contract token at its press time levels for further gains. TheContinue reading “Ethereum: Does Merge test behind it mean more upside for ETH ahead”