Author: CryptoDigestAlert.com

There was a sharp rise in phishing scams involving cryptocurrency during August, with losses exceeding $12 million as hackers began to leverage Ethereum EIP-7702-based exploits. Scam Sniffer reported that over 15,000 victims were affected by these phishing scams, an increase of 67% compared to July’s figures. Crypto Phishing Scams Surge: Ethereum-Focused Exploits on the Rise […] Source link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has teamed up with Japan’s Web3 Salon to back blockchain startups with real money and real support. According to Ripple, each project can tap up to $200,000 in grant funding over the next year. There’s also a 1 Billion XRP commitment aimed at helping builders on the XRP Ledger grow their ventures. Grant Funding Aimed At Growth Based on a post on X, the XRPL Japan and Korea Fund will pick early-stage teams in Japan that work on DeFi, tokenized real assets and digital payments. Winners…

Thetanuts protocol is a decentralized on-chain option platform for altcoins, with the ability to trade both long and short on-chain options. Since its initial launch in September 2021, Thetanuts Finance has evolved from its Basic Vault model to its current more comprehensive v3 architecture, designed to address the specific needs of the altcoin market. If you need an altcoin option trading platform, check out this guide to Thetanuts. What Is Thetanuts Finance? Thetanuts Finance offers a deep DeFi platform that offers a growing range of opportunities for users to participate in decentralized options trading. Operating across an increasing number of…

TLDR: Japan Post Bank to launch yen-backed DCJPY in FY2026, unlocking access to tokenized assets. The ¥190 trillion deposit base could be mobilized through blockchain settlement. DCJPY will run on a permissioned blockchain, ensuring compliance and security. The tokenization market is projected to expand to $18.9 trillion by 2033. Japan Post Bank will introduce a digital currency in fiscal 2026, aiming to energize roughly ¥190 trillion ($1.3 trillion) in deposits.  The new token, called DCJPY, will be pegged one-to-one with the yen and operate on a regulated blockchain. Customers will access the currency through a mobile app, enabling instant conversion…

You’re watching a stock climb higher and higher. Everyone is excited. The news is full of optimism. Then, suddenly, the price starts to drop. It tries to recover but fails. Before you know it, the price plunges even further. If you knew this would happen, you could have sold at the right time and saved yourself from losses.This is exactly where the Head and Shoulders pattern comes in. It’s like a warning signal in the market, telling traders that the trend is about to change. If you understand this pattern well, you can avoid getting trapped and even profit from…

Cardano for a long time has been one of those projects in which investors pour out the most love, as the project has always promised to provide a balanced plan to solve the issues that has to do with scalability and sustainability in the world of cryptocurrency. Now, analysts are arguing that ADA is set to moon in the next 4 years, thanks to a lot of whale movement, a growing ecosystem, and increased excitement with investors. But Cardano is hardly the only game in town. A competitor that’s breaking the mold is making 100x projections of potential value seem…

The ongoing economic and geopolitical tensions have fueled demand for safe-haven assets, with Bitcoin, gold, and the Swiss franc being in the driver’s seat.  While Bitcoin’s (BTC) price has pulled back recently, it remains much higher than the year-to-date low. Also, Bitcoin ETFs continue to add assets this year, with their cumulative inflows rising by $54 billion since January last year.  Summary Bitcoin, gold, and the Swiss franc have jumped this year. The US dollar index has plunged by over 10% from the year-to-date high. The three assets have become safe-haven assets amid heightened risks. Geopolitical and economic risks are high…

Say you’re at a farmers’ market. You walk up to a stall, and you see two baskets—one filled with apples and the other with oranges. You can trade an apple for an orange, and vice versa, at any time. Now, let’s say these baskets never run out of fruits because every time someone trades, more apples and oranges get added to the baskets. Sounds delusional, right?Well, that’s kind of how liquidity pools work in cryptocurrency. Let’s break it down step by step.The Problem Liquidity Pools SolveBefore we dive deeper, let’s understand a common problem in financial markets: liquidity. Liquidity simply means…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The European Union (EU) is making significant progress in the reform of its banking regulations, with a particular focus on bitcoin (BTC) and cryptocurrencies. The EU is now mandating that banks publicly disclose their holdings of crypto assets. This move aims to address the potential risks associated with these assets. Related reading: Ethereum Network Fees Experience Significant Growth In 2023 Q2, Here’s Why Mandatory Disclosure Of Cryptocurrency Holdings For European Banks  During a meeting among the negotiators of the European Parliament, the Commission, and the Council of…

TON Blockchain Introduces TON Applications Chains A Layer-2 Network Using Polygon Technology. TAC aims to enable TON with Ethereum Virtual Machine compatibility. Toncoin [TON]blockchain continues with development activity to leverage various technologies for competitive advantage. In a a new project called TON Applications Chains (TAC), a layer-2 network for the TON ecosystem is being developed. It will be powered by Polygon. Blockchain researcher Collin Brown shared the news on X (formerly Twitter), “Exciting news for the TON Blockchain ecosystem! Introducing TON Applications Chain (TAC), a new layer-2 network leveraging Polygon’s technology. TAC, announced at EthCC, aims to enhance TON with…