Two Cosmos application chains, Umee and Osmosis, have announced their merger through a revolutionary software upgrade, indicating a bullish upturn for Cosmos (ATOM). This merger entails the reimplementation of Umee’s DeFi lending protocol, initially operating on the “UX Chain,” onto the Osmosis chain, effectively establishing an all-encompassing “DeFi Hub” within the ATOM ecosystem. In a […]
The critique of Ravi Menon, a managing director of the Monetary Authority of Singapore (MAS), sparks an anticipated bearish trend for BTC. These remarks mirror a growing doubt within financial circles. The misclassification of Bitcoin as ‘private’ also prompts inquiries into regulatory comprehension. Menon foresees a future financial landscape involving CBDCs, tokenized bank liabilities, and […]
The approved proposal to cut Cosmos Hub’s native token Atom’s maximum inflation rate from 14% to 10% is likely to have a bullish impact on ATOM. The decrease in inflation aligns with a more conservative economic model, making Atom’s staking yield more attractive to investors. The annualized staking yield dropping to 13.4% can potentially encourage […]
Chainlink’s soaring rally faces a bearish turn as top bulls retreat. Chainlink (LINK) recently experienced a noteworthy ascent, reaching $16.60, only to subsequently plummet by 15%, hinting at a looming bearish trajectory. This corrective phase is linked to waning bullish activities following a month of relative stability. Particularly influential were the top 150 Chainlink bulls, […]
Amid Argentina’s economic crisis, Javier Milei, embracing anarcho-capitalism and a self-proclaimed Bitcoin enthusiast, emerges victorious. However, his win sparked concerns not only for Argentinians facing 140% annual inflation and a 40% poverty rate but also for Bitcoin’s reputation. While referencing Bitcoin in his political agenda, Milei’s radical concepts and contentious rhetoric cast a shadow over […]
Price movements in the AMPUSDT daily market had earlier encountered headwinds in previous trading sessions when its price action tested the resistance near the two levels simultaneously. The price ceiling marks at the $0.002600 and $0.002800 levels were tested, but Amp could not sustain trading above those marks. This led to a downward correction in […]
Privacy tokens faced a significant setback amidst the cryptocurrency market surge. The privacy-focused cryptocurrency sector underwent a substantial $440 million downturn in market capital within the last ten months, displaying a 0.6% contraction against the U.S. dollar. Monero (XMR), holding the top spot in cryptocurrency capitalization among privacy coins, has observed a decline from $170.90 […]
Cosmos (ATOM) soars with revolutionary Evmos integration. Cosmos (ATOM) is on the brink of a bullish upswing, propelled by groundbreaking advancements. Evmos, a blockchain ecosystem compatible with the Ethereum Virtual Machine (EVM) and supporting both Ethereum and Cosmos decentralized applications (dapps), is in the process of integrating a revolutionary solution. This integration eradicates the necessity […]
Introduction The decentralized finance (DeFi) space, heralded for its financial growth opportunities, is not without risks. Malicious actors exploit various vulnerabilities, demanding a vigilant approach from users. Below is a list of 28 must-know exploits to fortify your defense against potential threats. Reentrancy Attacks Originating from the 2016 DAO incident, malicious contracts repetitively call back […]
