Cybersecurity firm Mandiant has released a report detailing the exploitation of Solana users through a campaign known as CLINKSINK. The drainer campaigns have resulted in the loss of nearly $1 million worth of SOL tokens.The CLINKSINK campaign involves malicious actors using drainers – malicious scripts and smart contracts – to steal funds and digital assets, […]
In a significant development, the launch day of the Bitcoin ETF has been marked as a historic moment. Alex Fazel, a representative from SwissBorg, has joined the discussion on the potential impact of this event.According to Fazel, the introduction of spot Bitcoin ETFs could lead to an influx of hundreds of billions into Bitcoin. This […]
The inaugural day of trading for a new collection of Bitcoin exchange-traded funds (ETFs) was a resounding success, with BlackRock, Grayscale, and Fidelity’s ETFs leading the pack in total volumes. However, one issuer didn’t get off to the anticipated start.According to data aggregated from Yahoo Finance, the total volume across ten of the spot Bitcoin […]
The US Securities and Exchange Commission (SEC) has approved 11 spot Bitcoin (BTC) Exchange Traded Funds (ETFs) on January 10, 2024. This decision marks a significant milestone for the cryptocurrency industry. The focus now shifts to a spot Ethereum (ETH) ETF.Bloomberg ETF analyst Eric Balchunas predicts a 70% chance of the SEC approving an Ethereum […]
Ripple’s Chief Technology Officer, David Schwartz, has recently addressed rumors regarding the company’s XRP sales. It was alleged that these sales were the reason behind the stagnant price movement of XRP. However, Schwartz has clarified that the figures showing Ripple’s monthly XRP sales tripling in December are inaccurate. He has assured that the upcoming XRP […]
The Securities and Exchange Commission’s (SEC) recent approval of spot Bitcoin Exchange Traded Funds (ETFs) has opened up the possibility of acceptance for other types of crypto funds. Asset managers who have been granted permission to launch Bitcoin ETFs are already proposing spot Ether funds. However, the next potential frontier for crypto ETFs could be […]
Ethereum Classic (ETC), currently the 21st largest cryptocurrency by market capitalization, has seen a significant increase following the announcement of the Bitcoin ETF. The value of ETC has soared above $31, reaching a yearly high of $31.99, which represents a remarkable gain of over 40%.The trading volume has also seen a dramatic increase, with a […]
Dogecoin is experiencing another surge, largely due to an announcement from social media platform X, previously known as Twitter. The platform has revealed its plans to implement a long-awaited payments system, which is expected to significantly impact Dogecoin’s price. The new system is set to go live in 2024.In a post by X Business, the […]
The United States Securities and Exchange Commission (SEC) has approved the listing and trading of 11 spot Bitcoin (BTC) Exchange-Traded Funds (ETFs). This decision, which narrowly avoided rejection, was supported by SEC Gary Gensler but opposed by Democratic-affiliated commissioners Caroline Crenshaw and Jaime Lizárraga. Following the announcement, Bitcoin’s price briefly surged above $47.7k, but has […]
Ethereum co-founder Vitalik Buterin has proposed a significant change to the Ethereum network’s gas limit. During a Reddit “ask-me-anything” session organized by the Ethereum Foundation’s Research Team, Buterin suggested raising the gas limit from its current 30 million to 40 million, a 33% increase. This proposal aims to address Ethereum’s evolving usage and adoption since […]
