Non-fungible tokens (NFTs) experienced a meteoric rise in popularity in 2020 and 2021, with the market value soaring to an impressive $11 billion. February 2022 alone witnessed over 400,000 weekly users on platforms like OpenSea and Mints. This period saw a surge in prices and user engagement, fueling widespread enthusiasm in the NFT space. However,…
Leading figures in the decentralized finance (DeFi) sector are predicting significant trends that will shape the industry in 2024. Despite a relatively subdued year for DeFi, expectations are high for a dynamic shift in the coming year. As the crypto market stabilizes and various trends reach pivotal stages of development, 2024 is anticipated to be…
OKX Wallet Announces Groundbreaking Integration with Dex Guru to Boost DeFi Trading In a major move on December 25, 2023, OKX, a leader in the Web3 space, unveiled a substantial enhancement to its decentralized finance (DeFi) offerings. This update is characterized by the integration of the OKX Wallet with Dex Guru, signifying a crucial advancement…
Bitcoin is on track to conclude 2023 as one of the year’s top-performing assets, with its value in U.S. dollars surging almost 160% since the year began. Outshining this impressive rise, only the shares of semiconductor leader Nvidia have exhibited stronger performance over the same period. Significant events have played a role in fueling Bitcoin‘s…
As holiday decorations light up neighborhoods worldwide, Bitcoin (BTC) encounters a subdued Christmas atmosphere, not mirroring the festive spirit. Read Exeton Tech on Google News The current price of Bitcoin hovers around $43,161.88, marking a slight decline of 1.2%. This downturn has prompted a warning about potential volatility in the market. Contrary to the common…
Despite Bitcoin’s growing popularity and acceptance, doubts about its longevity persist. Since its creation nearly a decade and a half ago, Bitcoin has been dismissed by skeptics many times, including several instances in 2023, even as it has shown a consistent uptick in value. Prominent voices in the cryptocurrency space, each with a significant online…
Bitcoin (BTC) has been fluctuating within the $40,000 to $45,000 bracket, struggling to break through the key resistance level amid extended market stabilization. However, a technical analysis of Bitcoin suggests a likelihood of the asset reaching new peaks, based on patterns observed in past price trends. Notably, Bitcoin is on the verge of completing its…
Renowned macro expert and cryptocurrency fund manager Dan Tapiero forecasts a significant surge for Bitcoin (BTC) in 2024. Speaking to his 111,000 followers on a popular social media platform, Tapiero highlights Bitcoin’s exceptional performance as a top asset. He anticipates it will continue to achieve substantial gains in the coming year, following its remarkable rise…
In the ever-evolving realm of online gaming, Immutable has carved a niche as a key influencer, becoming synonymous with web3 gaming. Hosting over 200 financially solid games, the platform distinguishes itself through its commitment to fostering a nurturing environment that promotes the growth and success of these games. At the heart of Immutable’s strategy is…
Busan, aiming to establish the world’s first city government-operated exchange by the end of 2023, is advancing towards this goal despite a tight schedule. The city has recently taken a significant step by selecting a preferred bidder for its operating tender. The chosen entity is the Busan BDX Consortium, a group consisting of 11 diverse…
Shiba Inu (SHIB) is projected to reach $0.02 in the future, and Telegaon has outlined a potential timeline for the token’s journey to this milestone. The belief in Shiba Inu (SHIB)’s potential for greatness has been a constant among its supporters, often referred to as the ShibArmy. From its all-time low of $0.00000000008165, the token…
Robert Kiyosaki, renowned for his continuous warnings about an impending financial crisis, shares insights on investments most vulnerable during a crash. On December 11, via X (formerly Twitter), Kiyosaki issued a stark alert regarding the potential impact on numerous retirement accounts. Despite past criticism of his crisis predictions, the financial expert remained resolute. Kiyosaki asserted…
Grasping the underlying reasons for a hacker’s mindset, which can range from mere curiosity to outright malevolence, is equally important as comprehending the technical methods they used to carry out the hack. When a Web3 protocol suffers a hack, those impacted naturally expect the protocol to make every effort to recover their lost funds. A…
Today, a significant security breach at the peer-to-peer NFT trading platform, NFT Trader, resulted in the theft of NFTs valued at millions of dollars. The stolen assets include coveted items from collections such as Bored Ape and Mutant Ape Yacht Club, World of Women, VeeFriends, Art Blocks, among others. NFT Trader acknowledged the incident in…
Recently, Shakepay, a prominent cryptocurrency application based in Canada, reported a security incident where an external party gained unauthorized access to the personal details of a specific segment of its users. This incident, identified on December 13, 2023, led to the exposure of certain data. However, it’s important to note that the breach did not…
In a discussion with Exeton News, Raz Niv, the co-founder and Chief Technology Officer of Blockaid, a Web3 security enterprise, alongside Kate Kurbanova, co-founder of the risk management firm Apostro, shed light on the sophisticated and continually evolving techniques of cryptocurrency thieves. They explored the complex methods these attackers use to siphon funds from crypto…
The Solana-based meme coin, with a canine theme, continued to lead conversations on Twitter for another week. This surge in popularity has caused significant congestion on several layer 2 networks due to a high number of inscriptions. A week has passed, and BONK remains at the forefront. Despite the odds, this dog-inspired meme coin on…
“According to recent data derived from blockchain records, Justin Sun, the founder of Tron (TRX), has made new investments by acquiring four alternative cryptocurrencies through the Binance platform.” Cryptocurrency magnate Justin Sun currently holds assets valued at approximately $1.4 billion in identified wallets. Since early December, Sun has realized an estimated profit of around $310…
Decentralized Finance, often referred to as DeFi, represents a revolutionary shift in banking and financial services. Utilizing blockchain technology, it enables direct transactions between peers. This guide examines the nuances of DeFi, including its functioning mechanism, advantages for users, its impact on conventional banking systems, and the associated risks. Introduction DeFi, short for “decentralized finance,”…
The surge of cryptocurrency has captivated global attention, particularly in recent years. Its total market value, which soared to around $3 trillion in 2021, currently hovers near $1 trillion, as reported by CoinMarketCap.com. Bitcoin leads this digital currency landscape, boasting a valuation exceeding $400 billion. This digital gold rush has attracted numerous investors, many venturing…
