A recent tweet by Chinese journalist Colin Wu provided an update on a significant crypto hack that took place in August. The hack targeted BitBrowser, a platform frequently used by cryptocurrency enthusiasts who participate in airdrops. The perpetrators of the breach transferred 236.27 Ethereum tokens, worth approximately $386,000, to a crypto mixer named eXch in […]
FTX, a top-rated centralized cryptocurrency exchange, imploded late last year, wiping out over $32 billion from the crypto wallet. The current FTX management has reportedly recovered at least $5 billion of liquid assets, and proposed a plan to appoint Mike Novogratz’s Galaxy Digital Capital (GDC) Management as the investment manager charged with overseeing the sale […]
Jason Fang, founder of cryptocurrency investment firm Sora Ventures, recently shared his insights on the crypto market and Bitcoin’s potential. Fang highlighted the rapid growth of DeFi and NFTs, despite initial skepticism, and believes Bitcoin development is progressing faster than many realize.Recalling the past bear markets, Fang described how the Bitcoin price plunged and his […]
Ripple Labs has announced its intention to file a cross-appeal if the SEC’s request for an interim appeal is granted in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Ripple’s Chief Legal Officer Stuart Alderoty has encouraged the crypto community to delve into the details of Ripple’s opposition filing.At […]
Cristiano Ronaldo, the Portuguese soccer legend, recently took a lie detector test for the world’s largest crypto exchange, Binance. This activity stirred mixed reactions and speculation from the crypto community. Ronaldo’s lie detector challenge comes two months after he launched his second non-fungible token (NFT) collection called “Forever CR7: The GOAT” on Binance. The duo […]
Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore (MAS), has won the election for the city-state’s presidency with more than 70% of the vote. He defeated presidential candidates Ng Kok Song and Tan Kin Lian to become the next president of Singapore and will be sworn into office on Sept. 14. Prior to […]
The hopes for a spot in Bitcoin Exchange Traded Funds (ETF) in the United States were recently given a boost after the United States Court of Appeals for the D.C. Circuit ruled in favor of Grayscale Investment and against the SEC. According to a prediction issued by JPMorgan analysts, the United States Securities and Exchanges […]
The cryptocurrency market is undergoing a shift, with the derivatives market playing a key role in Bitcoin’s price. Futures, options, and perpetual futures are all evolving in tandem with Bitcoin, and a key metric is providing insight into the market’s health. This decrease in leverage could have implications for traders and institutions, as it reflects […]
A large sum of Shiba Inu Tokens (SHIB) valued at millions was transferred from the popular crypto exchange Bitvavo to an unidentified wallet. According to wallet tracker Whale Alert, the total number of SHIB transferred is about 4.6 trillion, valued at roughly $35.7 million.Further examination of the recipient address revealed that the wallet is newly […]
Bybit, a Dubai-based cryptocurrency exchange, has developed TradeGPT, an AI-powered education tool that uses ChatGPT’s large language model and Bybit’s inhouse ToolsGPT to provide real-time market analysis and answers to user questions in a variety of languages. Other exchanges such as Crypto.com, Binance, and OKX have also explored using ChatGPT to give users insights into […]
