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Crypto Influencer GCR’s Account Hacked by Memecoin Team, ZachXBT Reports

Crypto Influencer GCR’s Account Hacked by Memecoin Team, ZachXBT Reports

by Forexregulationinquiry | May 28, 2024 | Cryptocurrency, News

Pseudonymous investigator ZachXBT unveiled that the Sol team, creators of the Solana-based memecoin CAT, were behind the hacking of crypto influencer Gigantic-Cassocked-Rebirth (GCR) on May 26. The hack was intended to manipulate the prices of specific...
Ethereum Layer 2 TVL Hits Record $47 Billion

Ethereum Layer 2 TVL Hits Record $47 Billion

by Forexregulationinquiry | May 27, 2024 | Cryptocurrency, News

The total value locked (TVL) in Ethereum Layer 2 networks has soared to a record $47.45 billion, marking a significant milestone for the scalability solutions of the Ethereum blockchain. According to L2BEAT, this new high encompasses the value of all canonically...
Bitcoin Whales Signal Bull Market with Aggressive Purchasing Surge

Bitcoin Whales Signal Bull Market with Aggressive Purchasing Surge

by Forexregulationinquiry | May 27, 2024 | Bitcoin

Bitcoin whales, or large holders of the cryptocurrency, have reignited their buying activity after pausing following Bitcoin’s peak in March. According to data from market intelligence firm Crypto Quant, there has been a notable increase in the 30-day percentage...
Bitcoin’s Rise to $73K May Signal Start of ‘Escape Velocity’ Phase

Bitcoin’s Rise to $73K May Signal Start of ‘Escape Velocity’ Phase

by Forexregulationinquiry | May 23, 2024 | Bitcoin, News

If Bitcoin reaches the $73,000 threshold, it could signal a significant phase of acceleration, similar to achieving “escape velocity” in astrophysics. This term, typically used to describe the speed necessary for an object to break free from a celestial...
U.S. House to Vote on First Independent Crypto Market Bill

U.S. House to Vote on First Independent Crypto Market Bill

by Forexregulationinquiry | May 23, 2024 | Cryptocurrency, News

The U.S. House of Representatives is gearing up for a significant vote on a groundbreaking bill designed to establish a comprehensive regulatory framework for the cryptocurrency market. This marks the first time a standalone cryptocurrency bill, known as the Financial...
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