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On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming on May 21 after months of repeated denials on official communication channels. Also allegedly arrested was Multichain’s core team, which
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The dynamic world of cryptocurrencies has once again witnessed a fascinating turn of events, this time with THORChain (RUNE) taking center stage.
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“On behalf of our clients, we equip decentralized applications and smart contracts to identify exploits, and then to decline exploits as they are being proposed,” said Gravrock in an interview with CryptoX. “It means contracts and applications can carry on processing legitimate transactions, so it’s a bit like a guardian
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The second-largest meme coin, Shiba Inu (SHIB), became the top gainer among the leading 100 cryptocurrencies. Its price got close to the $0.00001 mark. Santiment data shows that SHIB’s recent rallies are activated by the high whale
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Base is officially going live next week, and some small-cap token hunters are already laying bets. Source
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Despite a favorable ruling as a non-security token, XRP had experienced a correction for over a week and a half, losing bullish momentum after reaching a yearly high of $0.94. It is trading above the $0.70 mark, with the $0.66 level acting as a support. Over the past 24 hours, XRP
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The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin (BTC) mining destination in the Middle East. The country has established itself as a pro-Web3 destination for crypto-focused companies with over 30 free trade zones and a growing contribution to the Bitcoin mining hash rate.The UAE’s
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A policy paper has recently proposed the creation of a government-backed stablecoin, the HKDG, in Hong Kong to potentially compete with well-established digital counterparts, such as USDT and USDC. A policy paper suggesting the Hong Kong government
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Stacks (STX) is currently leading the charge against the bears, with an impressive 10% gain in the last 24 hours amid heightened market volatility. Stacks is a blockchain protocol that leverages bitcoin’s security and state through the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to CoinMarketCap data, litecoin is the top gainer in the last 24 hours with a 7.04% increase to $95.12. The growing price comes in anticipation of Litecoin’s third mining reward halving. A reduction in mining rewards CoinMarketCap’s top
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