Tag: Blockchain

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Russian Hackers Use Fake AI Sites to Steal Crypto Wallet Details

Russian hackers from the FIN7 group are using fake AI sites to steal crypto wallets by deploying malware through disguised deepfake nude generators.

Crypto Market Downturn– Mass Liquidations Hit Over 100,000 Traders as Bitcoin Wavers Below $60K

Over 100,000 traders faced mass liquidations amid a crypto market sell-off. Bitcoin struggles to maintain $60K while $295 million in positions were wiped out in 24 hours.

Memecoin DEGEN Surges Over 125% Ahead of Coinbase Listing

DEGEN, a memecoin on Coinbase-incubated Base, soared by 125% following its upcoming listing announcement, driving market cap to $160 million. Learn about the latest trends.

Benjamin Cowen Predicts Ethereum May Drop 70% by Q4 2024: Market Analysis

Crypto analyst Ben Cowen predicts Ethereum could drop another 30%, totaling a 70% decline from its 2024 peak, due to increased correlation with Bitcoin and market weakness.

Grayscale Launches Aave Trust Fund for Accredited Crypto Investors

Grayscale introduces the Aave Trust, providing accredited investors with exposure to the AAVE governance token, tapping into the growth of decentralized finance (DeFi).

SWIFT to Trial Live Digital Currency Transactions in 2024

SWIFT will trial live digital currency and tokenized asset transactions in 2024, marking a significant step toward integrating these digital assets into the global financial system.

Indians Trapped in Southeast Asia’s Cyber Slavery Amid Crypto Fraud Rings

Thousands of Indian nationals are trapped in Southeast Asia, forced into cyber slavery and crypto fraud under fake job offers. The Indian government is launching rescue efforts to combat these exploitation networks.

Binance Warns of Crypto Market Risks from Overvaluation and Centralization

Binance cautions against the dangers of overvaluation and centralized token ownership, warning that these risks could destabilize the crypto market. Transparency and decentralization are crucial for long-term sustainability.

CoinSwitch Launches Crypto Futures Trading with 350+ Contracts and 25x Leverage

CoinSwitch introduces crypto futures trading with over 350 contracts, offering up to 25x leverage. The platform also provides competitive commission rates and a 15-day commission rebate for new users.

IMF Presses El Salvador to Reform Bitcoin Policies for Economic Stability

The IMF urges El Salvador to tighten its Bitcoin regulations, reduce public sector exposure, and enhance transparency as part of an economic stabilization program. Learn about the IMF's recommendations and their impact on El Salvador’s economy.

Metaverse and Crypto: Shaping Our Digital Future in 2024

Explore how the metaverse and cryptocurrency are revolutionizing our digital future. Learn about their interconnected roles in creating immersive virtual worlds and new economic opportunities.

What Are Layer 2 Solutions in Cryptocurrency?

So, what exactly is a Layer 2 solution? Let’s jump into why these solutions exist and how they work in cryptocurrency
pax-gold
PAX Gold (PAXG) $ 2,692.52 0.94%
mog-coin
Mog Coin (MOG) $ 0.000002 0.52%
dogs-2
Dogs (DOGS) $ 0.000445 2.97%
sui
Sui (SUI) $ 4.70 2.67%
kaspa
Kaspa (KAS) $ 0.143622 2.74%
bitcoin
Bitcoin (BTC) $ 103,064.61 1.41%
ethereum
Ethereum (ETH) $ 3,294.03 2.28%
bnb
BNB (BNB) $ 700.03 2.35%
solana
Solana (SOL) $ 234.19 10.10%
venko
VENKO ($VENKO) $ 0.000002 13.37%
tron
TRON (TRX) $ 0.241906 1.30%
avalanche-2
Avalanche (AVAX) $ 39.70 3.37%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 0.57%
pepe
Pepe (PEPE) $ 0.000019 1.66%
dogwifcoin
dogwifhat (WIF) $ 1.89 4.22%
near
NEAR Protocol (NEAR) $ 5.43 0.74%
injective-protocol
Injective (INJ) $ 24.47 0.58%
sei-network
Sei (SEI) $ 0.400379 2.85%
dogecoin
Dogecoin (DOGE) $ 0.399071 3.02%
the-open-network
Toncoin (TON) $ 5.36 2.82%
xrp
XRP (XRP) $ 3.13 6.18%
bonk
Bonk (BONK) $ 0.000032 12.09%
floki
FLOKI (FLOKI) $ 0.000177 1.52%
popcat
Popcat (POPCAT) $ 0.664005 8.65%
based-brett
Brett (BRETT) $ 0.119521 6.88%
moo-deng
Moo Deng (MOODENG) $ 0.178115 4.64%