Author: William Johnson

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

In recent trading activities, XRP has taken a significant hit in its latest attempt to rally toward its previous high of $0.6360. Despite initial bullish momentum suggesting a potential breakout, XRP could not sustain its upward trajectory. The failure to reach the anticipated target has led to a notable decline in value, raising concerns among traders and analysts about the short-term outlook for XRP. As XRP struggles with these hurdles, this article seeks to analyze its current price movement and the technical indicators suggesting a sustained drop. The goal is to provide readers with a comprehensive understanding of the token’s…

Dough Finance lost $1.8M in a flash loan attack due to smart contract vulnerability. Attacker exploited unvalidated calldata stealing USDC before converting the assets into 608 ETH. Users urged to withdraw funds to secure wallets. Dough Finance has fallen victim to a significant flash loan attack, resulting in a staggering loss of digital assets worth approximately $1.8 million. The attack, which exploited vulnerabilities in the protocol’s smart contract, highlights ongoing security challenges within the cryptocurrency space, and specifically within the DeFi space. What happed in the Dough Finance attack? The attack, detected on July 12 by Web3 security firm Cyvers,…

MultiversX and Cornell have launched Blockchain Essentials Program for 100 underserved students. The program offers free education, mentorship, and potential funding for blockchain projects. The program is aimed at fostering inclusivity and innovation in blockchain technology. MultiversX, in partnership with Cornell University’s eCornell, has unveiled an innovative Blockchain Essentials Program aimed at supporting 100 economically disadvantaged college students. We’re thrilled to announce Blockchain Essentials: a collaborative program with @ecornell_online (part of Cornell University), a top-ranked global institution. To support 100 college students in kickstarting their Web3 journey with #MultiversX. Courses start July 17th. pic.twitter.com/o8Y7dRLvj4 — MultiversX | Sovereign Chains (@MultiversX)…

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, which seems plausible since the German government only sells BTC and not ETH, and Mt. Gox doesn’t own any ETH either. But what if Ethereum has its very own “Mt. Gox“? Is The Ethereum Price Suppressed By Golem? Chinese crypto journalist Colin Wu (@WuBlockchain) first…

The NEAR Protocol blockchain is seeing an increase in in user activity, sparking a great deal of positive vibe for its future. Transaction volumes and active addresses have been up in recent months, pushing the protocol up into the spotlight of the cryptocurrency community. Market observers point to several factors driving this growth, including the protocol’s focus on scalability, low fees, and its ambitious foray into artificial intelligence (AI) integration. Related Reading Active Users Flock To NEAR Scalable Ecosystem Data suggests a significant rise in user engagement on the NEAR blockchain. According to analyst reports, it boasted the highest number…

Crypto markets have started to recover over the weekend with a total capitalization gain of around 4%, primarily led by Bitcoin, which reclaimed the $63,000 level during Asian trading on Monday morning. This short week’s economic calendar does not have many big-hitting reports but could still shed light on the direction of economic recovery in the United States. Additionally, U.S. jobs data may influence the probability of Federal Reserve rate cuts later this year, potentially impacting crypto markets as confidence in higher risk assets returns. Economic Calendar July 1-5 Monday, we will see the release of June’s ISM Manufacturing PMI…

Marathon Digital Holdings, a global crypto-focused platform, announced that its mining operations for Kaspa have yielded approximately $15 million worth of KAS since they commenced last September. The company states that the decision to mine Kaspa was part of its strategy to diversify its mining operations. Marathon Mining Kapsa In the statement released on Wednesday, Marathon Digital mentioned that since the dawn of their Kaspa mining operations, they have already mined about 93 million KAS worth about $15 million by June 25. The company highlighted that Kaspa is currently the 5th largest Proof-of-Work (PoW) crypto asset, with a market cap…

The cryptocurrency landscape continues to evolve, bringing innovative features and solutions that enhance user experience and broaden the utility of blockchain technology. One of the latest groundbreaking advancements comes from the Solana Foundation, which has introduced a feature that promises to revolutionize how we interact with cryptocurrencies online. Solana Actions and blockchain links, or “blinks,” enable users to create and share transactions via URLs on websites, social media platforms, and physical QR codes. This new capability not only facilitates seamless transactions but also opens up numerous possibilities for various applications in the digital world. Solana Actions: Transforming Online Crypto Transactions…

ORA plans to use the funds to expand its ecosystem, focusing on research and development of oracles and blockchain infrastructure. Oracle protocol ORA has closed a $20 million funding round from Polychian, HF0, and Hashkey Capital, among other investors. The protocol is building a technology for tokenizing artificial intelligence models onchain. The funds will be used to develop ORA’s ecosystem, with a focus on research and development of oracles and blockchain infrastructure, according to an announcement on June 26. The protocol is working on its optimistic machine learning technology, or opML, that allows blockchain to conduct AI model inference while…