The post Hackers Steal $20 Million from US Government’s Crypto Wallet appeared first on Coinpedia Fintech News Amid the ongoing cryptocurrency market recovery, a wallet address linked to the US Government that holds seized funds has been compromised by hackers. On October 25, 2024, the blockchain intelligence firm Arkham Intelligence made a post on X (Previously Twitter) that the US government’s crypto address had been breached, resulting in a loss of $20 …

The post Solana’s Meme Coin Craze, Why All Eyes Are on GOAT? appeared first on Coinpedia Fintech News On October 25, 2024, the overall cryptocurrency market experienced a modest recovery after a price decline in the past few days. Meanwhile, Solana (SOL) and its meme-based tokens have made waves, gaining notable attention from crypto enthusiasts with their impressive price surge. Solana-Based Meme Coins According to the CoinMarketCap data, SOL-based meme coins including Dogwifhat …

The post Hester Peirce’s Potential SEC Chairmanship: A New Era for Ripple and Crypto? appeared first on Coinpedia Fintech News Former President Donald Trump recently hinted that he might nominate individuals for the position of SEC chair if he wins the upcoming election in November. He pledged that on his first day in office, he would fire current SEC Chair Gary Gensler. In an interview with David Lin, Commissioner of the U.S. Securities and Exchange …

The post Kraken Set to Launch Its Own Blockchain ‘Ink’ in 2025 appeared first on Coinpedia Fintech News Being an industry giant for the past 14 years, Kraken, one of the oldest centralized cryptocurrency exchanges, is planning to explore areas of blockchain technology similar to Coinbase and Binance. On October 24, 2024, Kraken published a report announcing that it will launch its own blockchain, “Ink” for both retail and institutional users. Kraken’s Ink …

The post BOB Project: Can Bitcoin Take Over DeFi with Ethereum Bridge? appeared first on Coinpedia Fintech News BOB, a project built on Bitcoin, is s making headlines with its bold plan to make Bitcoin the leader in decentralized finance (DeFi). By introducing a unique bridge to Ethereum, BOB is set to use Bitcoin’s unmatched security and liquidity to challenge platforms like Ethereum and Solana, aiming to take over the DeFi space. Unique …

The post Crypto Alert: $13 Million of Investor Funds Frozen in South Korea! appeared first on Coinpedia Fintech News In South Korea, over 33,000 crypto investors are locked out of approximately $13 million in assets due to the shutdown of several exchanges, as reported on October 14. Fourteen exchanges have closed or paused operations in line with new regulations under the Virtual Asset User Protection Act. Representative Kang Min-Kuk revealed that the situation could …

The post GOAT & DOGS May Rule the Crypto Space Soon-Here is Where it May Reach in the Next 48 Hours appeared first on Coinpedia Fintech News The GOAT crypto price has been flashing major bullish signals as the token has been the top performer for the second consecutive day. The market sentiments remain neutral as the Bitcoin price continues to trade within a decisive phase. The altcoins are also consolidating within a narrow range, but some are managing to maintain a …

The post FTX Court Hearing: Nishad Singh’s Sentencing Set for October 30 appeared first on Coinpedia Fintech News In a recent court filing, prosecutors have praised Nishad Singh, a former FTX executive, for his important help in the investigation of the cryptocurrency exchange’s collapse. They noted his genuine remorse and willingness to cooperate with authorities. Even though he pleaded guilty to several charges, he could still face prison time, with his sentencing hearing …

The post Ethereum Gas Fees Slashing—Can Vitalik’s Plan Help It Beat Solana? appeared first on Coinpedia Fintech News Ethereum’s gas fees have been a headache for a long time, especially during high traffic. Now, Vitalik Buterin, Eth’s co-founder, is suggesting a fix to make transactions faster and cheaper. But can these changes really help Ethereum stay ahead of competitors like Solana? Let’s take a closer look at what this means for the blockchain …

The post Is Bitcoin Set to Reach a New All-Time High In 2-4 Weeks: Top Analyst Weighs In appeared first on Coinpedia Fintech News Bitcoin (BTC) is on the rise again, recently bouncing back to $67,661 after dipping to $65,000. This upward trend brings it closer to its all-time high, sparking excitement among traders and analysts. Despite hitting a resistance level, the cryptocurrency’s recent dip is seen by some as a healthy correction rather than a reason to panic. …