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Chinese Hackers Fake Skype App Drains User’s Crypto

SlowMist, a firm in crypto security analytics, has recently unveiled a new phishing scam targeting cryptocurrency enthusiasts. This scheme, masterminded by a group of Chinese hackers, ingeniously leverages China’s ban on several international applications. This prohibition has led many in mainland China to search for these apps on third-party platforms, presenting a perfect opportunity for

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Gas Fees Guzzlers Of The Crypto Market

Gas fees are a payment made to miners for processing transactions on a blockchain network. They are typically calculated based on the complexity of the transaction and the current demand for block space. Ethereum gas fees can be a significant expense for users, especially on networks with high traffic. In recent months, gas fees on

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Australia Mandates Reporting of Ransomware Attacks by Firms

Australia is taking a bold step in cybersecurity by mandating local companies to report any ransomware attacks they experience. This move is part of the nation’s broader strategy to combat the escalating threat of cybercrimes, which cost its economy a staggering $2.59 billion in 2021. The Australian government, led by National Cyber Security Coordinator Air

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Bitcoin Price Surge Contradicts Lower Open Interest Trends

The value of Bitcoin (BTC) has surged by an impressive 10%, even as the aggregate open interest (OI) on perpetual exchanges has shown a surprising decline. This current trend in the cryptocurrency market is stirring discussions among investors and analysts alike, challenging the conventional market wisdom. Bitcoin’s Price Rise Belies Market Skepticism Historically, a rise

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Whale Accumulations Orbiting XRP: Know All Here

What Is A Whale Accumulation? Whale accumulation in the cryptocurrency market refers to the strategic acquisition of large amounts of digital assets, such as Bitcoin or Ethereum, among many others, by high-net-worth individuals or institutions known as “whales.” These whales often have the financial capacity to exert significant influence on cryptocurrency prices. How Does A

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Filecoin (FIL) Price Jumps 16% Amid Sushi DEX Integration, What’s Next?

FIL, the native cryptocurrency of the decentralized storage platform Filecoin, is making big moves gaining 16% in the last 24 hours and shooting all the way to $5.5 levels. Amid the current rally, FIL has extended its weekly gains by more than 32% and monthly gains by close to 70%. FIL Price Rally Popular trader

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MATIC Price Shoots Another 9% As Polygon Enters New Macro Uptrend

Polygon’s native cryptocurrency continues on its unstoppable rally as the MATIC price shoots another 9% moving closer to $0.90. On the monthly chart, the MATIC price has given a major breakout from the downward trending channel while entering a major macro uptrend going ahead. $MATIC Polygon is on the cusp of entering a new macro

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Gold Vs Bitcoin: Which Investment Offers Better Returns?  

Gold and Bitcoin are two of the most popular financial instruments in the world. While the former is often bought or traded by investors as a hedge against inflation, the latter has helped them make impressive returns in a very short period of time.  Historically, gold was the popular investment destination for people in the

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Cardano Founder Woos Kraken CEO on Potential L2 Creation

Charles Hoskinson, Cardano founder, has hinted at a potential collaboration with cryptocurrency exchange Kraken, particularly in the creation of a Layer-2 (L2) network. Insight Gained From Cardano Founder’s Post On November 12, Hoskinson made a post on the X app indicating his interest in inking a partnership deal with Kraken for the development of an

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Shiba Inu’s Shytoshi Kusama Hints Readiness for Bull Market

Shytoshi Kusama, the charismatic lead developer of Shiba Inu (SHIB), an Ethereum-based altcoin, recently shared insights into the project’s preparedness to capitalize on the anticipated bull market. Shytoshi Kusama Stays Bullish on Shiba Inu (SHIB) In a recent statement responding to a question from one community member about whether or not the bull market will

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