Bitcoin is like a special kind of money that you can't hold in your hand. It's stored and traded using computers all around the world. People think it's important and could change how we spend money, like buying and selling things. Right now, Bitcoin is getting even cooler with DeFi, which stands for decentralized finance. That means making money without a big company or … [Read more...] about Over $1 Trillion Bitcoin DeFi Opportunity on the Horizon
Ironblocks Unveils ‘Firewall’ to Protect DeFi Protocols from Hacks
In a big move for decentralized finance (DeFi) security, Ironblocks, a blockchain security platform, has created a new tool to stop hacks before they happen. The tool, called 'Firewall,' gives developers a free, open-source toolkit to make their smart contracts safer by watching for suspicious transactions. "Once you get hacked, in most cases, you're done," Ironblocks CEO Or … [Read more...] about Ironblocks Unveils ‘Firewall’ to Protect DeFi Protocols from Hacks
Binance Seeks Dismissal of Major Claims in UK Collusion Lawsuit
In London, a big company called Binance asks a special court to ignore most of the lawsuits against it. The lawsuit is from a group called BSV Claims and involves three other cryptocurrency companies. They're arguing about what happened in 2019 when a type of cryptocurrency called BSV was taken off the list for trading. BSV Claims says the companies worked together badly to … [Read more...] about Binance Seeks Dismissal of Major Claims in UK Collusion Lawsuit
Ethereum Edges Closer to $4,000 Amid ETF Speculation
In the most recent trading session, Ethereum (ETH) has seen a notable 2% increase, pushing its price above the $3,700 mark. This rise occurs in a largely unmoved crypto market, setting Ethereum apart with a 29% gain over the past week, a 17% increase over the month, and an impressive 105% upsurge over the year. Ethereum's price went up a lot because people were waiting for a … [Read more...] about Ethereum Edges Closer to $4,000 Amid ETF Speculation
Bitcoin’s Value Holds Steady at $70,000 Amid Surge in Cryptocurrency ETF Investments
Recent happenings in digital money have shown Bitcoin's price dancing. On May 22, 2024, Bitcoin's price did a little shuffle, staying close to the $70,000 mark after it had jumped up a bit before. This famous internet currency dipped a tiny bit from its high spot on Tuesday of $71,400, with its price now sitting at $70,069, which is a small drop of 1.6% in one day. At the same … [Read more...] about Bitcoin’s Value Holds Steady at $70,000 Amid Surge in Cryptocurrency ETF Investments