Buying ‘Ethereum Beta’ Altcoins Is A Recipe For Disaster, Researcher Finds
In a research report released on July 18, 2024, Thor Hartvigsen, a crypto researcher, strongly cautioned against the investment strategy of purchasing high-beta altcoins within the Ethereum ecosystem as a leveraged tactic, particularly with the…
Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether
The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community aren’t buying that narrative.
Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit
WazirX, one of India’s largest cryptocurrency exchanges, suffered a security breach on Thursday that resulted in the loss of $230 million, nearly half of its reserves. The exchange referred to the incident as a “force majeure…
Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7%
On Thursday, the Polygon Foundation announced the date for its upcoming MATIC to POL upgrade after reaching a community consensus. The long-awaited token migration will occur in less than two months and aims to kickstart Polygon’s native token…
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