Articles for author: Dan Opondo

This image is intended to show readers a trader selling and buying BTC using a crypto trading platform

How to Choose The Best Crypto Trading Platform

Are you an aspiring crypto trader struggling to identify the ideal trading platform?  Success in crypto trading relies on your choice of trading platform. One misstep in selecting a crypto exchange will jeopardize your entire trading journey. But how do you handle this decision, especially if you are just stepping into the crypto realm? This ...

Dan Opondo

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Fed Interest Rates Pause Sends Bitcoin Ablaze

Bitcoin and crypto investors will watch the markets keenly for the next 24 hours following the rate pause by the Federal Open Market Committee (FOMC). As per initial predictions, after continuous rate hikes since early 2022, the Fed began pausing the rate hikes in mid-year. The Fed has extended its rate pause to about six ...

PAAL AI coin

PAAL AI: The AI Token Redefining Cryptocurrency Landscape

Have you ever imagined a world where the remarkable prowess of artificial intelligence merges with the transformative potential of cryptocurrency? Welcome to PAAL AI coin! In the digital age, artificial intelligence (AI) is shaping up to be an integral part of our lives. As per data, Open AI’s Chat GPT hit an astounding 180 million ...

Dan Opondo

Binance exchange

CFTC Commissioner Says Binance Paid $4.3B  for Breaching Rules

Global Crypto Exchange Binance will pay a massive settlement of $4.3 billion owing to breaches of legal regulations, not fraud, as revealed by the Commissioner of the Commodity Futures Trading Commission (CFTC), Kristin Johnson. Johnson commented on the Binance saga when speaking at a digital assets summit on Dec 5. Binance Paid for Breaching Rule, ...

Dan Opondo

AEUR price charts

Binance Halts Trading on AEUR Stablecoin as it Surges Over 200%

On December 5, Binance, the largest global cryptocurrency exchange network, suspended the trading of the Euro-pegged stablecoin AEUR following a price surge of over 200% yesterday. Binance Suspends AEUR The stablecoin was designed to maintain a peg of $1.08, aligning with the EUR-USD rate. However, at some point yesterday, the stablecoin surged to about $3.25, ...

Dan Opondo

To show a picture of Bitcoin, the home of ordinals

Bitcoin Ordinals to End after Blockchain Bug Fix

In an interesting development, a Bitcoin Core developer claimed that a bug fix in the Bitcoin network could potentially halt the production of new Bitcoin Ordinals and BRC-20 tokens.  Ultimate Fix for Bitcoin Ordinals Bug The Bitcoin Core Developer, Luke Dashjr, began by highlighting that inscriptions have been exploiting a Bitcoin vulnerability. Since 2013, Bitcoin ...

Dan Opondo

To display Gary Gensler, the head of the SEC

SEC Defers Decision on Grayscale’s Spot Ethereum ETF

As the ETF mania continues to rock the crypto markets, the US Securities and Exchanges Commission (SEC) just recently announced a postponement of 45 days on the decision regarding Grayscale Investments’ application for a spot Ethereum ETF. Grayscale Spot Ethereum ETF Decision This spot Ethereum ETF decision has been moved to later in January, on ...

Dan Opondo

An image potraying Bitcoin

A Milestone for Crypto: India Registers 28 Virtual Digital Assets

In a march towards clarity and transparency in the crypto regulatory landscape, India’s Financial Intelligence Unit recently completed the registration of 28 Virtual Digital Assets (VDA) and crypto services providers.  28 Virtual Digital Assets Registered in India According to reports, the Minister of State for Finance, Pankaj Chaudhary, released the news in a parliamentary session. ...

Dan Opondo

To show the image of crypto hackers

Thirdweb Discovers Critical Vulnerability in Smart Contract

In a lengthy post on X, Thirdweb, a key player in the Web3 space, unveiled a security flaw affecting numerous smart contracts, including some of Thirdweb’s pre-built versions. Thirdweb took immediate measures to address the vulnerability and made a massive commitment to security in the future. Thirdweb Detected a Smart Contract Vulnerability According to the ...

Dan Opondo

President Bukele Hits Back at Critics as Bitcoin Yields Profit for El Salvador

Earlier today, President Nayib Bukele of El Salvador hit back at critics after a profitable turnaround in the country’s Bitcoin investments. Amid Bitcoin’s exciting comeback, El Salvador’s controversial bet on the cryptocurrency appears to be paying off. “Take Back” Your Statements, Bukele  In a post on the social media platform X (formerly Twitter), the Salvadoran ...