Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
FTX’s Sam Bankman-Fried Faces Scrutiny: New Victim Statements Spark Debate
As Sam Bankman-Fried’s sentencing date looms, the legal drama surrounding the FTX founder has taken an intriguing turn. United States Attorney Damian Williams has brought fresh intensity to Sam Bankman-Fried’s legal proceedings by submitting additional victim impact statements. In today’s court filing, statements numbered from 64 to 117 shed light on the fallout of FTX’s …
Elena R·27 Mar 20241 min
Ripple News: XRP Holders Unable to Sell? CTO David Schwartz Offers Options
Ripple’s XRP is currently facing hurdles, as revealed by David Schwartz, Ripple’s Chief Technology Officer (CTO). Schwartz recently pointed out a tough reality: selling XRP is almost unavoidable due to tax complications. Adding to the pressure are the departure of Dev Null Productions and controversies surrounding XRPL. Can XRP stay strong amid these challenges? Despite …
Elena R·27 Mar 20242 min
Munchables Insider Steals $62.5 Million, Then Returns It in Bizzare Web3 Heist
In a major event this year, the web3 game Munchables, hosted on the Blast layer-2 platform, faced a severe cyberattack, causing significant financial loss. According to blockchain researcher ZachXBT, the attack resulted in the disappearance of 17,400 ETH, worth $62.5 million. What’s intriguing is that the developer responsible for the theft returned the funds without …
Elena R·27 Mar 20241 min
Decrypting Ripple vs SEC: Pro-XRP Attorney Breaks Down SEC’s $480M Claim
SEC demands a whopping $2B from Ripple in a landmark case shaking the crypto world! Ripple fights back, slamming the charges as an intimidation tactic and overreach. Could this be a game-changer for crypto regulation? In the latest Ripple vs SEC legal battle, the regulatory body dealt a significant blow to Ripple Labs by alleging …
Elena R·26 Mar 20242 min
IT Expert Sues City Council to Recover $525 Million in Lost Bitcoin
Imagine accidentally throwing away a fortune! That’s the bizarre situation James Howells, a British computer expert, finds himself in. He’s locked in a real-life treasure hunt, battling the local council to excavate a landfill for a lost hard drive. This drive, you ask? It contains a staggering 7,500 Bitcoins, now worth over $525 million! Can …
Elena R·26 Mar 20242 min
Do Kwon Out of Jail, But Not Out of Trouble: SEC Crackdown Incoming!
Do Kwon, co-founder of Terraform Labs, has been freed from a Montenegro jail amidst a tangle of legal proceedings. This comes after doubts were raised about the extradition treaty’s validity. Kwon faces extradition requests from both the U.S. and South Korea over alleged involvement in the $40 billion Terra ecosystem collapse in 2022. While released, …
Elena R·26 Mar 20241 min
Private Key Breaches Surge in 2024 with Over $239 Million Stolen! Is Your Crypto Safe?
There’s a new, very concerning, trend that has picked pace in the crypto ecosystem. Private key thefts have surged dramatically in March 2024, leaving a substantial financial impact. According to Certik, a leading Web3 security firm, the period from March 12 to March 16 saw losses totaling approximately $22.96 million due to private key compromises. …
Elena R·25 Mar 20242 min
Memecoin Mania & Million Dollar Scams: The Price of Solana’s Success?
The undisputed blockchain leader of the year, the Solana ecosystem has secured the position as the number one blockchain of the year 2024. It has seen both impressive wins and alarming inherent problems and faces criticism and judgment for it repeatedly. Although its trading volume jumped to over $1.33 billion on 16 March and was …
Elena R·23 Mar 20243 min
3 Cryptocurrencies Under $0.10 To Buy Next Week!
The cryptocurrency industry continues to display a negative trend, resulting in the top tokens witnessing a significant loss over the past seven days. Moreover, the market sentiments hint at a bearish sentiment, indicating a bear power in the crypto space. In this article, we have covered the top 3 altcoins under $0.10 that have the …
Elena R·23 Mar 20243 min