The Conflux price has experienced a significant decline, falling by 3% in the past 24 hours. Its drop to $0.103716 marks a concerning 9% loss in just a week. Unfortunately, this downward spiral is not new for CFX. The altcoin, which is the native token of the Chinese layer-one blockchain network Conflux, has been on
There has been no shortage of criticism directed towards Ethereum, particularly from Bitcoin maximalists who believe that Bitcoin is the only true cryptocurrency of value. Recently, another prominent Bitcoin enthusiast, Steve Barbour, referred to Ethereum as “garbage” and questioned its future. However, it is important to critically analyze this claim and examine the current state
The world of cryptocurrencies and blockchain technology is constantly evolving, and one of the latest trends making waves is the rise of zero-knowledge proofs. These cryptographic protocols have gained significant traction in recent years, with investors pouring over $700 million in funding into companies exploring this area. Zero-knowledge proofs are known for their association with
Uniswap, one of the leading decentralized exchanges (DEX), has ignited a wave of disappointment among traders with its latest decision to introduce a 0.15% fee on crypto swaps involving Ethereum, USDC, and other cryptocurrencies. This move comes as Uniswap Labs seeks to secure new funding to handle its over-extended operations. Previously, the “protocol fee” charged
The proposed Central Bank Digital Currency (CBDC), the digital euro, has drawn attention from European Union (EU) data protection agencies. The European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) recently expressed their opinions on the potential user privacy exposures of the digital euro, highlighting both positive aspects and areas of concern.
Ethereum (ETH) co-founder Vitalik Buterin has been subject to recent speculations surrounding his ETH transactions. It has been suggested that Buterin has been dumping his digital assets, causing concern and speculation within the cryptocurrency community. However, Buterin has now come forward to dismiss these claims and provide clarity on his recent transactions. Buterin firmly stated
In a significant development, the Council of the European Union (EU) has adopted a directive aimed at enhancing cooperation among national taxation authorities, with a specific focus on crypto-asset transactions. This move showcases the EU’s proactive approach towards the digitalization of the economy while addressing the challenges presented by decentralized assets. The directive, as outlined
The Fantom Foundation, a non-profit organization dedicated to the growth and development of the Fantom ecosystem, recently fell victim to a devastating phishing attack. According to reports from CertiK, a blockchain security firm, two Fantom Foundation wallets on Ethereum and the Fantom Network were compromised, resulting in a loss of over $650,000. This attack also
As the crypto market experiences turbulence, investors are searching for a meme coin that can stand out and lead them to financial freedom in the next bull market. Enter Doge Uprising ($DUP), a symbol of defiance against a dystopian future ruled by “Lizard men.” This project aims to challenge oppressive control through the use of
The European Securities and Markets Authority (ESMA), the securities watchdog of the European Union (EU), recently issued a statement cautioning investors about the lack of protection in the EU’s crypto asset market rules. According to ESMA, investors may not be safeguarded until the end of 2024 at the earliest. This warning comes as the EU