Author: CryptoHoppers

Share this article Kenya’s President William Ruto has appointed Marathon Digital, a prominent US Bitcoin mining firm, to provide consultancy services on the nation’s crypto policies and the energy requirements associated with crypto mining, according to Kenyan Wall Street, a local digital-first media house that focuses on business and finance.With this appointment, Marathon Digital and Kenya’s National Treasury and Ministry of Energy will collaborate and discuss the energy needs for crypto mining, President Ruto announced the partnership at a meeting with American investors in Nairobi last week.Additionally, the US mining leader will support the government in developing a framework for…

Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength, citing significant inflows into spot bitcoin exchange-traded funds (ETFs) and encouraging signs for increased corporate […] Source link

The cryptocurrency market has been battered by recent storms, with many altcoins experiencing significant price drops. XRP, however, seems to be weathering the tempest with a hint of defiance. While its price has dipped, on-chain data reveals intriguing trends that suggest a potential silver lining for XRP investors. XRP Accumulation On The Rise: Diamond Hands Or Whale Whispers? Despite the price decline, a surprising trend has emerged. The number of investors holding between a thousand and 1 million XRP tokens has actually grown by 0.20% over the past month, according to data from Santiment. This could signify a growing population…

Cryptocurrency markets can be wildly unpredictable, catching many traders off guard. Ignoring this reality, traders often make impulsive decisions, leading to significant losses. To navigate the tumultuous waters of crypto trading safely, discipline is key. In this article, we delve into the crucial concept of trading discipline. By adhering to disciplined strategies, traders can mitigate risks and maximise their chances of success in the ever-changing crypto landscape.1. Volatility in Crypto MarketsLet’s start this discussion with the topic ‘volatility in crypto markets’. Volatility in crypto markets refers to the rapid and unpredictable price fluctuations of cryptocurrencies. Prime reasons for this volatility include…

Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The Background Of Blockchain Advocacy And The Current Crackdown Qian, known for his pivotal role in developing China’s Central Bank Digital Currency (CBDC), has been a leading voice in the country’s blockchain initiative. Qian’s efforts were instrumental in the conceptualization and rollout of the digital yuan, positioning China at the forefront of digital currency technology on a global stage. The investigation, led by the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervision Commission…

As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency Wealth Adds ‘Meaningful Implications for the Real Economy’ The study, first reported on by Bloomberg, analyzes bank and credit card data from […] Source link

Turbos Finance has announced two liquidity strategies that will soon become available to users of the Sui blockchain.  The organization aims to use these fresh approaches to change the provision of liquidity and handling of assets for a wide range of consumers, including individual investors and expert strategy professionals.  What are the strategies and how do they work? One of the strategies to be implemented is the automated liquidity management vault that is created purposely for Concentrated Liquidity Market Maker (CLMM) positions on Turbos’ decentralized exchange.  This innovative technology is expected to allow regular investors to act as managers for their…

A ransomware group claims to have targeted Bitfinex, but top brass at the cryptocurrency exchange deny that a cyberattack occurred. The notorious group known as F Society is raising concerns across the cryptocurrency community after it claimed to have successfully breached Bitfinex and gained access to a staggering 2.5 terabytes of information, including the personal details of approximately 400,000 Bitfinex users. See below. 🚨#BREAKING 🚨FSOCIETY hacking group claims four attacks: Bitfinex and Rutgers University among the victims.The ransomware group FSOCIETY has returned with a new data leak site and claims 4 attacks:– Bitfinex: “We have successfully breached your security measures…

Share this article Bitfinex has been thrust into the spotlight recently after a ransomware group, named “FSOCIETY,” claimed to have gained access to 2.5TB of the exchange’s data and the personal details of 400,000 users. In response to the allegations, Bitfinex CTO Paolo Ardoino clarified that the claims of a database hack appear to be “fake” and assured user funds remain secure.Ardoino found out there were data discrepancies and user data mismatches in the hacker’s posts.The hackers posted sample data containing 22,500 records of emails and passwords. However, according to Paolo, Bitfinex does not store plain-text passwords or two-factor authentication…

Reinventing Moonbirds: A New Vision Takes Flight Moonbirds, a prominent player in the NFT space, is embarking on an exciting transformation that promises to redefine the boundaries of digital art and virtual interaction. This transformation is led by Colin Hesterly, an award-winning artist and director known for his work on Mythics. Hesterly’s appointment as the creative director signals a shift towards a more structured and commercially viable art direction for Moonbirds, moving away from its initial Creative Commons Zero (CC0) approach. From Open Source to Ownership: The Shift in Moonbirds’ IP Strategy Originally, Moonbirds followed a CC0 policy, allowing anyone…