Following its record high on March 28, the S&P 500 index has experienced a setback, dipping below the 5,150-point mark on April 12. The price of Bitcoin (BTC) has similarly taken a downturn during this period. As both the stock market and cryptocurrencies have exhibited similar trends, it is worth exploring whether the reasons behind … Read more
The BingX crypto exchange is allowing sanctioned Iranian users to evade restrictions. At the open marketplace, an Iranian edition of their site is freely shown, and representatives have communicated in Persian within the exchange’s authorized Telegram forum. Based on one interpretation, the Bing X platform welcomes Iranian users and allows for authentication using a national … Read more
On April 12, Bitcoin (BTC) reached a new low of $65,000, demonstrating that bears are still in control. Yet, this hasn’t stopped large-scale Bitcoin buyers, known as whales, from making more purchases. The Bitcoin halving is just around the corner, with less than eight days remaining. Based on data from cryptocurrency analysis company CryptoQuant, the … Read more
At Finance Redefined, we’re pleased to provide you with our weekly digest of crucial DeFi (Decentralized Finance) updates. Stay informed on the latest developments in this dynamic sector. Similar to Ethereum’s busy period in 2017, Solana is currently dealing with network congestion that has persisted for nearly a week, resulting in a large number of … Read more
Buying pressure on SHIB was high last week. Market indicators hinted at a few slow-moving days ahead. Over the last several months, memecoins have continued to be a highly sought-after category in the crypto world due to their surging popularity. One notable memecoin that gained significant traction on social media was Shiba Inu [SHIB]. But … Read more
In the Southern New York District Court, Computer security engineer Shakeeb Ahmed received a sentence of three years in prison, with an additional three years of supervised release. This punishment was imposed after Ahmed was found guilty of carrying out flash loan attacks on Decentralized Crypto Exchanges and Nirvana exchanges during the year 2022. (Or: … Read more