Riot’s Price jumps 23% on analysts’ bullish forecast

Riot’s shares experienced a significant increase of over 20%, ignited by positive forecasts from analysts anticipating considerable improvement in the company’s fiscal results. There’s been a lot of excitement among investors about Riot’s financial results, following some optimistic analyst forecasts. This enthusiasm was clear in the market, where Riot Platform’s stock (RIOT) on Nasdaq jumped … Read more

Binance loses 25% of Bitcoin market share as offshore markets shrinks

With the increasing diversity of offshore markets, Binance‘s dominance in the Bitcoin market share has dropped to 55%. On the other hand, Bybit has gained significant ground, rising from a 2% share to a leading 9.3%. The proportion of Bitcoin and altcoin trading outside the US market that Binance controls has noticeably decreased. Binance’s dominance … Read more

Bitcoin miners’ revenue drops amid declining transaction fees

After the Bitcoin (BTC) halving, the income of miners has progressively dropped. This trend is due to a significant decrease in the typical transaction fee on the network. Based on YCharts’ reported data, the typical Bitcoin network transaction fee decreased by approximately 28% over the last 24 hours and was roughly equal to $24.99 when … Read more

Binance-backed defi protocol Velvet Capital suffers front-end attack

The Velvet Capital team advises against linking your digital wallets to the protocol’s site due to a possible security risk from an attack on the website’s user interface. A decentralized finance (defi) protocol named Velvet Capital, functioning as an asset management dashboard, might have been attacked by hackers. On April 23rd, through a post on … Read more

Trader loses over $180k in USDC, ANDY to phishing attack

A person who invests in cryptocurrencies unfortunately got tricked by a phishing scam on the Ethereum network. As a result, they lost approximately $180,000 in USD Coin (USDC) and ANDY (ANDY), a newly introduced meme coin based on Pepe. According to information from Etherscan, an incident transpired on April 23 between 05:39 and 06:29 UTC, … Read more