Author: CryptoHoppers

The Bitcoin price has risen around 80% this year, bringing it to its highest levels of 2023. However, the leading cryptocurrency has still not reached its all-time high of $69,000. Nevertheless, this has not stopped the asset from hitting multiple new all-time high prices in as many as six countries. Six Countries See New Bitcoin All-Time Highs The official X (formerly Twitter) account of Middle-Eastern restaurant Tahini’s, which has been a staunch supporter of Bitcoin, took to the social media platform to share an interesting development. Tahini’s post which came with multiple screenshots showed how Bitcoin has risen to new…

Journalist Posted: December 16, 2023 Arbitrum paused transactions for some hours. Transactions on the network were almost 7 million for the first time in history. In a recent update from Arbitrum [ARB], it was reported that a section of the network experienced a delay on 15th December. Upon examining the network, it was observed that, amidst the network issue, a key metric had reached its highest value ever recorded. Arbitrum sees disruption in transactions On 15th December, a post from Arbitrum indicated a pause in the One Sequencer of the network. The reported cause of the pause was a rise…

Escalating Concerns: Beyond Just Ledger The recent security breach in the Ledger library, initially a significant concern, has now escalated to a more alarming level. It’s not just Ledger users who are at risk – the implications are much broader, affecting a wider range of users in the blockchain and NFT community. The Expanding Scope of the Breach A Widespread ThreatThe issue has deepened, revealing that it’s not only Ledger’s library that’s compromised. This development suggests a more extensive vulnerability affecting various platforms and applications in the blockchain ecosystem. Community Reaction and SpeculationThe reaction from the community, including inquiries and…

Hong Kong (HK) is taking significant strides in digital asset finance in Asia. The city has engaged five major banks, including HSBC Holdings Plc and Credit Agricole CIB, to lead a series of digital green bond sales. This move is a testament to Hong Kong’s commitment to merging advanced financial technologies with sustainable practices, leveraging blockchain technology to boost the financial sector’s efficiency and transparency. A collaborative effort with leading financial institutions The involvement of renowned financial institutions such as the Bank of China (Hong Kong), Industrial and Commercial Bank of China (Asia) Ltd., and UBS Group AG in this…

Exploring the Best Ledger Alternatives: Navigating Security in the Wake of Recent Compromises Seeking Secure Hardware Wallets in Response to Ledger’s Breach The recent security breach in the Ledger library has sent ripples through the cryptocurrency and NFT communities, highlighting the ever-present need for robust security in digital asset management. This incident, involving a significant compromise that extended beyond Ledger to affect various platforms and applications with Ledger integrations, has understandably spurred interest in exploring reliable hardware wallets besides Ledger. This article provides a comprehensive guide to the best Ledger alternatives, catering to users who are now prioritizing different features…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Flare, a blockchain optimized for data, is partnering with Kinetic, a lending and borrowing platform, to bolster the development of decentralized finance (defi) applications on the Flare network. According to an exclusive press release shared with crypto.news, this collaboration aims to introduce lending and borrowing capabilities, deepen liquidity, and help build a robust defi ecosystem on Flare. Under the partnership, Kinetic, backed by Rome Blockchain Labs, will provide a seamless platform for Flare users to participate in defi activities and earn…

Starknet has announced that v0.13.0 is now live on testnet, adding that it comes with two crucial aspects, namely V3 transactions and transaction fee reduction. The objective is to pave the way for features that will make an appearance in the future. This includes Paymaster, Fee Market, and Volition Mode. The idea behind V3 transactions is to enable users to leverage their STRK holdings. They will be utilized to make payments for transaction fees. Ether is the currently accepted token, and the native token will be added to that list. Notably, STRK can be used only after it becomes transferable.…

A Thrilling Close to the Year with Xcopy and Manifold As we approach the end of the year, Xcopy, a renowned figure in the NFT space, is making waves with a series of raffles, airdrops, and an intriguing burn mechanism. This event has caused a stir in the community, especially with the immediate sell-out of the “Max Pain” on Manifold (limited to 500 editions), showcasing the immense popularity and anticipation surrounding Xcopy’s work. The Excitement of “Gouge” and “Wretch” The spotlight falls on two distinctive artworks: “Gouge” and “Wretch.” These pieces embody Xcopy’s unique style, characterized by its gritty, thought-provoking…

According to blockchain security company SlowMist, OKX DEX, a decentralized exchange aggregator platform, lost cryptocurrency valued at over $400,000. An attacker was able to transfer tokens that users had not allowed by compromising the management privileges of a market maker contract, according to the explanation for the vulnerability. On the OKX DEX aggregator platform, a deprecated proxy contract was the subject of a recent vulnerability that allowed a hacker to obtain administration access to the contract without authorization. OKX DEX: Deprecated Contract Raises Concerns When a protocol stops actively using a contract to carry out user transactions, it is considered…

This year, the emerging sector of gaming within the blockchain, popularly known as GameFi, has faced a significant downturn, primarily attributed to a noticeable dearth of interest and traction among enthusiasts. Reports indicate that the initial enthusiasm surrounding GameFi has waned throughout the year, leading to a less-than-rosy outlook for the industry. Despite these apparent challenges and a somewhat subdued current state, recent findings in a comprehensive report shed light on a more optimistic future for GameFi. Released on December 11, an analysis conducted by Fortune Business Insights predicts a substantial resurgence and growth in the global blockchain gaming market…