TL;DR Abracadabra Money, Daniele Sestagalli’s DeFi platform, suffers attack: $6.5M lost, mainly 2.74K ETH, started with 1 ETH since Tornado Cash. Detected on January 30 by Cyvers and PeckShield. MIM, the stablecoin, falls from $1 to $0.7672, then recovers to $0.96. @MIM_Spell confirms active investigation. Action plan: buy back MIM and burn units from the […]

A multinational asset management giant has reportedly submitted the first application for a spot Bitcoin (BTC) exchange-traded fund (ETF) in Hong Kong. Harvest Fund Management applied to the Securities and Futures Commission (SFC) of Hong Kong, according to a recent report from the Chinese media outlet Tencent News. Tencent also reports that the regulator hopes […]

Just like its L1 Bitcoin (BTC), Mintlayer’s history will start from Genesis Block

Today, Ten31, a world leading bitcoin technology investor, has announced the Nasdaq Global Market stock exchange listing of its portfolio company, GRIID Infrastructure. This marks the first public listing for a bitcoin-focused investment fund’s portfolio company, according to a press release sent to Bitcoin Magazine. GRIID, a uniquely positioned, vertically integrated bitcoin mining and energy infrastructure […]

Singapore: In a new crypto report by Seedly and Coinbase, 56% of crypto owners surveyed said they have US$1000 to US$24999 in cryptocurrency.

German authorities have confiscated 50,000 Bitcoins with a market value of about $2.17 billion, which is the country’s “most extensive” crypto seizure. The cryptocurrencies were linked to a German piracy website. “This is the most extensive seizure of bitcoins by law enforcement authorities in the Federal Republic of Germany to date,” the German police noted […]

After breaking out of an ascending triangle this month, TRX rolled back into it and found a solid ground. It regained strength last week and bounced back but is yet to break out of its previous resistance.  Last week saw TRX through a small drop but later resurged back to the top after sitting above […]

According to analytics firm Santiment, Artificial Intelligence (AI) and Real-World Assets (RWA) could be future drivers for the crypto market. AI And RWA Crypto Tokens Have Seen High Interest Recently As explained by Santiment in a new post on X, topics like AI and RWA have recently seen a surge in interest. The indicator of […]

A Chinese national is reportedly being put on trial in the UK over an alleged $6.5 billion fraud involving Bitcoin (BTC). According to a new Reuters report, the accused converted BTC into cash and property in an attempt to launder money from a scheme that took place in China. A woman, identified in the report as […]

January 30, 2024 – Bucharest, Romania The highly anticipated CEE (Crypto Expo Europe) will take over the luxurious Radisson Blu Hotel in Bucharest, Romania, on March 3-4, 2024. The two-day event – the largest crypto and blockchain conference in Eastern Europe – is expected to attract over 3,000 attendees including leading lights from the worlds […]

[PRESS RELEASE – Singapore, Singapore, January 30th, 2024] Decentralized derivative trading platform BBO Exchange (BBOX) has announced the successful completion of its pre-seed funding round. Co-led by prolific early-stage venture funds Hashed and Arrington Capital, the round raised $2.7 million and attracted participation from several major ecosystem players including Consensys, CMS Holdings, Flow Traders, Manifold […]

Junk later surrendered more cryptocurrency — about 33 bitcoin worth more than $1 million at the time, according Harrington. Junk's computers had …

Can rates of Bitcoin (BTC), Ethereum (ETH) or XRP bounce back shortly?

Anarchy is a very dividing word to many people, inherently drawing the idea into peoples’ heads of complete and unbridled chaos. This is not on any level what Anarchy means. It is simply a system lacking rulers or a central authority, where all cooperation and coordination is done on a purely voluntary basis between peers […]

TL;DR ShimmerEVM announces a $1 million Airdrop in collaboration with the community to drive ecosystem growth and liquidity. Tide, the integrated protocol, will reward users who contribute capital to dApps on ShimmerEVM, strengthening participation in the new DeFi ecosystem. The campaign not only encourages individual participation, but also encourages community growth with an invitation system […]

A couple of big issues stand in the way of real-world asset tokenization, according to the chief executive of the global investment management giant VanEck. In a new interview with Raoul Pal, VanEck CEO Jan van Eck says that liquidity is a “big issue” for tokenization. “Who provides the liquidity? Anyone can theoretically tokenize anything. […]

The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Ethereum ETFs Face Delays, Approval Remains Likely According […]

After correcting by more than 20% in 13 days, Bitcoin found support and recovered throughout last week. It entered this week a bit calm but is likely to bounce higher in the next few days. Resuming drops could trigger more correction. During a recent price correction, Bitcoin recorded a heavy loss and slipped to the […]

January 30, 2024 – Grand Cayman, Cayman Islands In the past four months, Sui’s TVL (Total Value Locked) has jumped by more than 1,000%, vaulting the network past Base, Cardano and Bitcoin in its meteoric DeFi rise. Sui, a leading layer one blockchain that was created by the team that led Meta’s Diem crypto project, […]

The Coinbase-backed nonprofit Stand With Crypto Alliance says 18 US lawmakers are supporting the exchange’s initiative for clearer digital asset regulation in the country. The Stand With Crypto Alliance advocacy group says that US Senators Ted Cruz (R-Texas) and Cynthia Lummis (R-Wyoming) are “strongly supportive” of crypto, with the two lawmakers having sponsored or co-sponsored […]

Ripple Labs has moved new tranche of XRP to Bitstamp in apparent sell-off move

(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year’s Eve variety show and featuring bitcoin’s biggest names, is dedicated to marking the fourth epoch in Bitcoin’s history. Broadcasting live from Nashville, Tennessee, the […]

The cryptocurrency market has always been characterised by its high volatility and speculative nature. Coins like Shiba Inu and Dogecoin, often …

[PRESS RELEASE – Sherman Oaks, United States, January 30th, 2024] Shurick Agapitov, a visionary author and the Founder of Xsolla unveiled his groundbreaking new book, “Once Upon Tomorrow,” today. This pioneering work offers a transformative and aspirational vision of the Metaverse, contrasting markedly with mainstream narratives. Agapitov’s book is a thought-provoking journey into the possibilities […]

At the time of writing, ORDI is experiencing a substantial increase in price after several events in the crypto world unraveled. Coingecko data reveals that ORDI is up nearly 12% in the past 24 hours. However, it remains to be seen whether this uptick in price will erase the bearishness experienced in the past few […]

Jan 18, 2024 DeFi DeFi Exchange dYdX Dethrones Ethereum’s Uniswap as Token Outpaces the Market In a significant leap for decentralized exchanges (DEX), dYdX has now clinched the title of the largest DEX by daily trading volume, surpassing Uniswap v3 on Ethereum. This milestone follows a strategic migration from Ethereum to Cosmos and the subsequent […]

TL;DR According to Peckshield, there was a 27.78% decrease in cryptocurrency theft in 2023. Losses dropped from $3.6 billion in 2022 to $2.61 billion in 2023. Over $674 million, 25% of the stolen funds, were recovered. The trend shifted from Bitcoin to Stablecoins in terms of theft. According to Peckshield, a blockchain security specialist firm, […]

One crypto whale is attracting notice for selling millions of dollars worth of a decentralized finance (DeFi) altcoin amid a market correction. According to blockchain tracking firm Lookonchain, one deep-pocketed investor sold their trove of MKR, the native token for the DeFi protocol Maker, within days as the asset dipped below $2,000. “A whale dumped 2,658 […]

Chris Dixon, general partner at investment giant Andreessen Horowitz (a16z), says that the crypto industry may be approaching its “iPhone” phase of adoption. In a new interview with Laura Shin on the Unchained Podcast, Dixon references the evolution of the smartphone in the mid-2000s when the iPhone finally delivered a product that would eventually lead […]

The cryptocurrency market is attracting investors seeking high-risk, high-reward opportunities, with meme tokens like Bonk (BONK), Shiba Budz (BUDZ), and Pandoshi (PAMBO) offering significant growth potential. However, due to their volatile nature and speculative nature, it’s crucial to approach these investments with caution and thorough research. As the crypto landscape evolves, these tokens provide an […]

Can meme coins withstand market correction?

The US Department of Justice has filed criminal charges against two people and the guilty plea of a third person for orchestrating a worldwide …