Crypto News

Crypto traders aiming to profit from a volatility surge should watch the Binance-listed ether-bitcoin (ETH/BTC) ratio, which could soon experience wild swings, according to a key indicator called Bollinger Bands.Bollinger Bands are volatility bands placed two standard deviations above and below the 20-day simple moving average of an asset's price.The so-called Bollinger band squeeze occurs when the bands contract tightly around the price, suggesting low volatility and a period of consolidation. The market typically builds energy during the squeeze, which is eventually released in either direction, leading to a volatility explosion.The Bollinger Bands on the ETH-BTC chart are now the tightest they have been since June 2020, according to TradingView.The squeeze indicates that ether could soon experience increased volatility against...

This content is provided by a sponsor. PRESS RELEASE. Meerkat, the emerging crypto ecosystem known for merging meme culture with real utility, has announced the launch of its new Telegram-based application: the Meerkat Miniapp. This interactive tool allows users to play, complete missions, and earn $MERK rewards directly within Telegram, offering a new approach toSource link

The Solana Foundation has disclosed a previously unknown vulnerability in its privacy-focused token system that could have allowed attackers to forge fake zero-knowledge proofs, enabling unauthorized minting or withdrawals of tokens.The vulnerability was first reported on April 16 through Anza’s GitHub security advisory, accompanied by a working proof-of-concept. Engineers from Solana development teams Anza, Firedancer, and Jito verified the bug and began working on a fix immediately, per a post-mortem published Saturday,The issue stemmed from the ZK ElGamal Proof program, which verifies zero-knowledge proofs (ZKPs) used in Solana’s Token-22 confidential transfers. These extension tokens enable private balances and transfers by encrypting amounts and using cryptographic proofs to validate them.ZKPs are a cryptographic method that lets someone prove they know or...

MBS Global Investments, based in Dubai, plans to invest $8.8 billion over five years to establish a blockchain and digital asset hub in the Maldives. This initiative aims to diversify the country’s economy, which currently relies heavily on fishing and tourism. Diversifying the Maldives’ Economy The Dubai-based MBS Global Investments is reportedly set to pourSource link

Honeymoons and luxury vacations could soon be outpaced by crypto as the main draw for the island nation of Maldives.A Dubai-based family office plans to invest up to $8.8 billion in a blockchain-focused financial hub in the Maldives, part of an effort by the island nation to expand beyond its reliance on tourism and fisheries and address mounting debt obligations.The investment, led by MBS Global Investments, will be deployed over five years and is structured around a new joint venture with the Maldives government. The planned capital outlay exceeds the country’s GDP of around $7 billion. It will be funded through equity and debt, with preliminary commitments already exceeding $4 billion.Finance Minister Moosa Zameer described the initiative as a step...