Price analysis 5/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
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Privacy-focused Firo cryptocurrency suffers 51% attack
Over 300 blocks were rolled back in the course of the 51% attack. 1543 Total views 5 Total shares Anonymous cryptocurrency Firo — formerly known as Zcoin— is the latest Proof-of-Work coin to suffer a 51% attack.Tweeting on Wednesday, Firo revealed that the protocol had come under a 51% attack and advised holders to pause…

$223M fund for Internet Computer builders — but community is wary
Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific research organization announced “The Developer Ecosystem Program” on May 26, and is now…

Dragonfly Capital invests $10M in Bitget amid industry recovery
The exchange currently facilitates cryptocurrency derivatives trading with an open interest of $2.4 billion and has plans to expand its spot trading, launchpad and Bitget Earn products. 216 Total views 2 Total shares Own this piece of history Collect this article as an NFTDragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget, the San…

Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000
The owner of a startup that never launched its initial coin offering (ICO) is trying to sell the project on eBbay for $60,000, according to an offer on the e-commerce website that expires Friday, March 29.The startup, named “Sponsy,” is described as a blockchain project that is fully prepared to launch both ICO and security…

Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’
Bitcoin bulls pushed the price back above $34,000 but analysts warn that a variety of bearish factors remain a threat in the short term. 224 Total views 2 Total shares On July 9 Bitcoin and the wider cryptocurrency market saw a moderate relief rally that helped recover some of the losses seen on Thursday but a…

GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report
A report from a local South Korean publication found that 20% of GenZ investors in the country have XRP as their most selected altcoin. 105 Total views 2 Total shares GenZ cryptocurrency investors in South Korea are reportedly more keen to invest in altcoins, specifically Ripple (XRP) than Bitcoin (BTC) and Ethereum (ETH), according to…

Bitcoin bear market will last ‘2-3 months max’ —Interview with BTC analyst Philip Swift
Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it.That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators.Swift, who together with analyst Filbfilb is also a co-founder…

Haru Invest files criminal complaint against consignment operator
The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well. B&S Holdings, formerly known as Aventus, a consignment operator, has been alleged by South Korean yield platform Haru Invest of submitting fraudulent management reports containing “false information” and deceiving the company and…