Author: CryptoHoppers

Share this article Brazilian crypto influencer Augusto Backes got over $211,000 drained from his wallet on Mar. 3, after clicking on a malicious link sent from a phishing email, according to a video from his channel.Backes stated that the email address was supposedly related to an airdrop conducted by Ethereum’s layer-2 blockchain Blast. Although he receives phishing scams in his email box daily, the Brazilian crypto influencer highlighted that he was planning a script for a video and got sidetracked. “In the middle of this anxiety, I received an email. Two months ago, I subscribed my wallet to Blast’s airdrop,…

In the ever-evolving and often hectic world of NFTs, today’s 33 Day event by 33NFT presents an intriguing blend of technology, artistry, and mindfulness. From March 3rd, 2024, at 7:33 AM CST, and concluding on March 4th, 2024, at 4:33 PM CST, this curated drop features a roster of renowned artists including Trevor Jones, Lucho Poletti, Zhuk, Mindzeye, and Brilly. This event not only showcases exceptional talent but also emphasizes the importance of finding serenity amidst the digital frenzy. A Deep Dive into Drop Mechanics The drop mechanics introduced by Trevor Jones exemplify a unique fusion of digital and physical…

Prominent crypto analytics firm Glassnode says Bitcoin is in a long-lasting uptrend powered by traders who are still doubting the strength of BTC. In a new post on the social media platform X, the analytics firm says Bitcoin’s current bull run looks very different from the one witnessed in 2021 when BTC bulls were using excessive leverage to drive up the price of the crypto king. According to Glassnode, bears who are shorting BTC are getting liquidated, triggering short squeezes and providing fuel for Bitcoin rallies. A short squeeze happens when traders who borrow an asset at a certain price…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano (ADA) and Hedera (HBAR) are resilient with analysts expecting more gains in Q1 2024. On the other hand, KangaMoon (KANG) is drawing investor attention and meme coin enthusiasts after adding 50%. Cardano recovers Cardano is on a cusp of doubling, adding nearly 75% so far. In mid February, ADA fell before rising. The token is now in a tight range, adding 7% in the past week, and 27% in the last month. Analysts expect ADA to post sharp…

In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws. The model, representing a blend of science and finance, forecasts bitcoin’s journey to unprecedented […] Source link

For avid cryptocurrency traders, the frequent observation of digital asset prices converging around specific levels within the market is not a mere coincidence, but rather a recurring phenomenon that merits careful consideration. This intriguing trend of price alignment suggests the existence of underlying factors influencing market behaviour, and it would be imprudent to dismiss it as happenstance. One compelling explanation for this occurrence revolves around the realm of human psychology. Analysing the significance of these levels, often characterised by round numbers, unveils a deeper connection to the way traders perceive and interact with prices. These psychological thresholds appear to exert…

In the ever-evolving landscape of gaming and blockchain technology, a new contender has emerged that promises to reshape our understanding of play-to-earn mechanics and NFT integration. Enter ChronoForge, a free-to-play multiplayer action RPG that’s setting the stage for a revolutionary gaming experience. With its unique blend of “hack and slash” combat, visually stunning worlds, and a player-driven economy, ChronoForge is not just a game—it’s a journey through time, ready to offer something for both blockchain enthusiasts and traditional gamers alike. The Genesis of ChronoForge: A Sold-Out Success Launching with a bang, ChronoForge introduced its genesis collection of characters in January…

Taiko, a blockchain project focused on scaling Ethereum ETH -0.02% , has announced a $15 million Series A funding round as it prepares for its mainnet launch.Lightspeed Faction, Hashed, Generative Ventures and Token Bay Capital co-led the funding round, Taiko said Saturday. Other investors in the round included Wintermute Ventures, Flow Traders, Amber Group, OKX Ventures and GSR.It is unclear whether the round has fully closed; the announcement mentions “the close of commitments” and includes a note that says “certain investments remain subject to regulatory approval.” Taiko did not respond to The Block’s multiple requests for comment.The Series A announcement…

Markets have seen a major shift in conversations around Bitcoin lately. From ‘if to when,’ speculators now predict which company will be next one to add BTC to their balance sheet. Recently, billionaire Tim Draper said on the Unstoppable Podcast that Netflix might be the next big firm to buy the digital asset.  With regard to the possibility of the product company’s decision to buy BTC, Draper said:  You know who it might be? Netflix. I think Reed Hastings is a very innovative guy and has a lot of creative thinking and I think he still controls the reins at…

Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion. As it hovers above the $91 billion threshold, the TVL is approaching the $100 billion milestone, a figure not observed since before the collapse of […] Source link