Binance’s venture capital arm is announcing an investment into a new cross-chain decentralized exchange (DEX) and bridging aggregator. In a new blog post, the world’s largest crypto exchange by volume says that it is investing an unspecified amount of money into interoperability DEX Rango. Rango is a cross-chain exchange that aggregates sources and connects traders […]
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New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity. In a new post on the social media platform X, Santiment says that decentralized app protocol Hedera (HBAR) is leading the crypto space in development activity over the last 30 days, overtaking […]
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Solana (SOL) co-founder Raj Gokal is naming two blockchains that have a head start in the sovereign blockchains crypto sub-sector. At a TOKEN2049 panel discussion, Gokal says that Avalanche (AVAX) and Cosmos Hub (ATOM) are “the clear winners” with regard to sovereign blockchains. A sovereign blockchain is typically under the control of a single entity, […]
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IBC has always had the bug but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said.
Cosmos developers have fixed a “critical” security bug in its Inter-Blockchain Communication (IBC) protocol which put at least $126 million at risk, says a blockchain security firm that privately notified Cosmos of the issue.
“We privately disclosed the vulnerability through the Cosmos HackerOne Bug Bounty program and the issue is now patched,” Asymmetric Research said on April 23.
“No malicious exploitation took place and no funds were lost,” it added.
Cosmos SDK is suitable for most of the current projects needs, and Cosmos could be in the limelight again, says Marko Baricevic.
The post ‘Cosmos is more than ever in the same conversation as many other projects’, says Binary Builders’ product lead appeared first on Crypto Briefing.
A new layer-1 blockchain has raised nine figures in a series B funding round that featured tech giant Samsung and several crypto venture capital firms. In a new announcement, the decentralized finance (DeFi)-focused blockchain Berachain (BERA) says that its latest funding round raised a staggering $100 million led by Brevan Howard Digital and Framework Ventures. Some […]
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A widely followed crypto analyst is keeping an eye on altcoins as Bitcoin (BTC) leads the markets with its latest break out. Crypto trader Michaël van de Poppe tells his 708,300 followers on the social media platform X that BTC just needs to stay above $67,000 to retest its all-time high (ATH). “Bitcoin holds above crucial levels. […]
The post Crypto Trader Breaks Down Bitcoin’s Break Out, Says Altcoins Will Soon Wake Up appeared first on The Daily Hodl.
A widely followed crypto analyst thinks that an altcoin running on the Ethereum (ETH) network is gearing up for a big surge in price. Trader Michaël van de Poppe tells his 685,500 followers on the social media platform X that the decentralized oracle network Chainlink (LINK) looks poised for a 2x rally. According to Van […]
The post Analyst Predicts Over 100% Rally for ETH-Based Altcoin, Updates Forecast on Sui, Arbitrum and One Other Crypto appeared first on The Daily Hodl.
Bitcoin is set to break its eight-week winning streak, but that has not affected the prospects of ATOM, FIL, EGLD, and ALGO, which look strong on the charts.
Bitcoin’s (BTC) eight-week winning streak is likely to end as the price is down nearly 4% this week. The recent weakness indicates profit-booking by traders but it does not change the short-term uptrend. The pullback will also help reduce the froth that may have been building.
After the initial shakeout, strong hands are likely to re-enter the crypto market as the macro environment remains bullish for risk-assets. The decision by the Federal Reserve to pause rate hikes and possibly reduce rates in 2024 could further boost demand for crypto products.
However, nothing goes up in a straight line. After sharp rallies, traders generally book profits and shift their focus to other coins. As Bitcoin takes a breather, traders' are likely to turn their attention to select altcoins.
