According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024.
Saylor has repeatedly promoted the largest cryptocurrency as a piece of cyberspace
Kenya is cited in the report as among the top six countries on the continent with significant stablecoin adoption and use cases.
A Russian court just froze $372 million owned by banking giants JPMorgan Chase and BNY Mellon – cash that the banks were holding in their Russian branches. The move came from the Moscow Region Arbitration Court, reports Reuters, and follows the Ukrainian central bank’s decision to revoke the license of MR Bank, a subsidiary of […]
A crypto legal expert says the U.S. Securities and Exchange Commission’s (SEC) decision to appeal a ruling in the Ripple Labs lawsuit is a huge mistake. The SEC first sued Ripple Labs in December 2020, alleging that the firm was selling the crypto asset XRP as an unregistered security. In October 2023, a judge ruled […]
Analyst Benjamin Cowen is leaning bearish on Bitcoin (BTC) amid a single-digit correction by the flagship crypto asset over the past week. Cowen tells his 814,000 YouTube subscribers in a new video that if Bitcoin fails to overcome the upper trend line formed by the series of lower highs on the weekly time frame since […]
The number of hacks in Q3 2024 has dropped to its lowest point in three years, with only 28 incidents, across which a total of $463.6 million was stolen. However, the overall outlook remains concerning as there’s no chance of recovering over $440 million of the stolen funds. Worst Recovery Rates Ever According to the […]
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. […]
ETH holders are pondering the reason for the recent ETH price crash despite the significant inflows into Spot Ethereum ETFs in the past few days. While investors show high demand for Spot Ethereum ETFs, this interest has not been seen in the ETH price. On the flip side, ETFSwap (ETFS), an Ethereum-based crypto project, has […]
Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows. […]
SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity.
Crypto exchange Binance says that the amount of digital assets lost in hacks this year is significantly lower than the figures seen in previous years. In its Monthly Market Insights report, the largest crypto exchange in the world by trading volume says that digital asset owners have lost about $1.3 billion in hacks so far […]
An ancient Bitcoin (BTC) whale has just woken up after a nearly 11-year hibernation. Blockchain tracking bot Whale Alert says on the social media platform X that a whale wallet, worth less than $100,000 in 2014, is now worth millions. “A dormant address containing 100 BTC (6,113,890 USD) has just been activated after 10.8 years (worth […]
2,777% gas price surge hits Shiba Inu (SHIB) blockchain, but network activity dives
When Mark, not his real name, first joined a cryptocurrency scam company in Ukraine several years ago, it was not what most Australians might imagine.
Billionaire investor Mark Cuban says he told Vice President Kamala Harris’ crypto advisor over lunch the collapse of FTX could have been avoided if U.S. Securities and Exchange Commission Chair Gary Gensler had not been at the helm. Speaking during an interview with Farokh Sarmad of Rug Radio, a sister company of Decrypt, Cuban criticized […]
Bitcoin’s price has recently experienced a decline following news of conflict in the Middle East. However, the market has seemingly found a footing. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart The daily chart shows that the price has recently broken below the $64K level and the 200-day moving average in the same area. […]
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in its case against Ripple Labs, citing significant legal errors. Coinbase is optimistic […]
Quant hedge funds are being hit with margin calls following the massive rally in Chinese stocks, hammering those with short positions. Hedge funds who use shorts as part of their market-neutral strategy are now at risk of their positions being liquidated, reports Bloomberg, citing people familiar with the matter. Last week, the Chinese government announced […]
Lombard Finance is making waves among cryptocurrency experts. Its multiple functionalities are allowing Bitcoin (BTC) investors and holders to achieve a much higher return than they would expect just by logging on to the crypto. All this through the liquid staking it has developed. Want more details? Learn everything you need to know about Lombard […]
According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while […]
XRP could see a 4,000% rally in the next bull market cycle, according to a fractal pattern reminiscent of its 2017 price surge.
The Base ecosystem has experienced a strong month, with several tokens posting impressive triple-digit gains over the last 30 days. Leading the charge is @AerodromeFi’s $AERO, which remains the largest token by market cap within the Base ecosystem, a position it has held since July. $AERO’s success is not limited to market cap alone. The […]
Could Bitcoin see another rally despite waning sentiment?
The International Monetary Fund (IMF) has been vocal in its recommendations for El Salvador regarding its cryptocurrency policies, particularly its …
A group of US regulators including the Department of Justice (DOJ) is hitting a banking giant with a multi-million dollar fine to settle criminal charges that the firm defrauded the Treasury market. The DOJ says TD Bank’s registered broker-dealer, TD Securities, has accepted the terms of a deferred prosecution agreement (DPA) that charges the firm […]
Popular quant analyst PlanB says crypto whales are staying on the sidelines for now to await the results of a highly anticipated event. In a video update, the pseudonymous analyst tells his 179,000 YouTube subscribers that he believes Bitcoin (BTC) is in a bull market despite its choppy price action over the last eight months. […]
Bitcoin’s price movements have calmed over the weekend, somewhat expected, and the asset stands still at around $62,000. Most alts have performed in a similar fashion since Friday, but the weekly landscape is quite painful, with several double-digit losers. BTC Stalls at $62K It’s safe to say that it wasn’t a good week for the […]
Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and redirecting them to a suspicious external site selling “Lego tokens.” Lego’s Website Compromised by Cryptocurrency Scam Lego’s website experienced a security breach on Oct. 4 […]
Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. This rollercoaster price movement has left many investors on edge as they wait for the next […]
HBO’s Money Electric: The Bitcoin Mystery, Banks to join SWIFT digital asset trials in 2025: Hodlers Digest
Dogecoin is facing a crucial moment as 60,210 addresses that collectively purchased 36.4 billion DOGE at an average price of $0.11 may be looking to avoid losses. If Dogecoin, currently trading at $0.10, fails to reclaim this critical level, a sell-off could ensue as investors look to minimize their downside. 60,210 addresses bought 36.40 billion […]