A former senior security engineer, Shakeeb Ahmed, pled guilty to the hacking incident on the decentralized finance yield protocol, Nirvana Finance, along with another unnamed decentralized exchange (DEX). Ahmed will also forfeit over $12.3 million in stolen assets, with the United States Attorney’s Office of the Southern District of New York (SDNY) describing the case...Read More
Bitcoin is signaling the start of a new bullish trend, rebounding to $42.6k following a recent sell-off primarily driven by short-term holders (STHs), who constitute the more speculative segment of the Bitcoin investor base. Ether also experienced an upswing, crossing the $2,270 mark alongside the world’s largest crypto. On the backdrop, substantial capital inflows into...Read More
The wallet company confirmed that this week’s exploit was an unfortunate isolated incident, after which Ledger launched Connect Kit version 1.1.8 on December 14th, deactivating malicious code in Ledger and WalletConnect. Users are now protected, but as an extra precaution, it is recommended to wait for 24 hours and clear the browser cache. Ledger’s Chairman...Read More
Developing countries will continue to adopt Bitcoin (BTC) before it eventually becomes imperative for all national treasuries to hold, according to $1.5 trillion asset manager Frankin Templeton. The investment firm’s Head of Digital Asset & Investor Advisory Services, Sandy Kaul, spoke at length this week about the future of Bitcoin adoption – from its place...Read More
TLDR FTX Token and Terra’s prices were destroyed following reduced trading activity and bearish influence. NuggetRush’s presale attracts whales who want to foster the betterment of artisanal miners in underdeveloped nations. NuggetRush combines impact gaming, GameFi, and meme culture to give users the ultimate gaming experience and income-generating opportunities. Since most crypto projects are incredibly...Read More
The latest report from Coinbase indicates that despite the emergence of competing networks like Solana, Ethereum remains the leading smart contract platform in the rapidly evolving world of cryptocurrency. Ethereum presently accounts for around 57% of the total value locked in the cryptocurrency ecosystem, with its market capitalization being second only to that of Bitcoin....Read More
After consistently denying approval for a spot Bitcoin ETF for American investors over the years, there are indications that SEC chair Gary Gensler might be reconsidering his position in light of Grayscale’s legal triumph. While he has not explicitly acknowledged any change in stance, he admitted taking a new look at the approval process of...Read More
Despite the strong and solid bullish breakout rally of a falling wedge pattern, the GRT price hits a bearish roadblock at the $0.1753 level. The breather phase leads to a sharp pullback, allowing the bulls to regain stamina and make a stronger comeback. With Bitcoin clearing the bearish cloud of air after the sharp fall...Read More
The decentralized finance (DeFi) project SafeMoon has officially filed for Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” with the United States Bankruptcy Court in the District of Utah. The development follows a period of turmoil within the company that has spanned several months. The voluntary petition was filed by Attorney Mark Rose and was...Read More
Solana’s previously underperforming Saga smartphone has experienced a sudden and overwhelming surge in sales. This unexpected development is attributed mainly to the growing fascination with BONK, a meme coin on the Solana blockchain. Solana’s Saga Phone Sales Skyrocket with BONK Airdrop This unique situation began with an announcement in June about an airdrop of 30...Read More
On Dec. 14, Bitcoin pioneer Nic Carter asked the burning question. Almost everyone assumes that we’re due for a 2017/18 or 2021/22-esque bull run, he said. “I’ll be the guy to ask why. Do you have any basis for this or have you trained a model on 2 data points?” he asked. The question is...Read More
[PRESS RELEASE – Los Angeles, United States, December 15th, 2023] In a landmark collaboration, Ethernal Labs, together with the Bruce Lee Family Companies and Ethernity, is proud to announce the launch of the “Bruce Lee: The Year of The Dragon” digital collectibles collection. This innovative collection, featuring five unique digital statues, is set to debut...Read More
Cryptocurrency exchange and token listing platform CoinList agreed to pay the Office of Foreign Assets Control (OFAC) of the United States Department of Treasury over $1.2 million in settlement relating to violations of the agency’s Russia/Ukraine sanctions. According to OFAC, while CoinList mostly abided by several compliance measures, the platform still opened accounts for users...Read More
On 21 December 2023 at 12:00 UTC, we will delist two perpetual swap contracts – BONEUSDT and BONEUSD. The contracts will be settled early at 12:00 UTC on 21 December 2023 ( “Tsettle”), according to the standard practice described in our Exchange Guide. Contract to be delisted Settlement Price BONEUSD .BBONE30M BONEUSDT .BBONET30M The decision...Read More
SafeMoon has officially filed for Chapter 7 bankruptcy protection. The move follows a wave of accusations surrounding fraud and mismanagement that have plagued the company since its inception. Why Safemoon Filed For Bankruptcy? The SEC alleges that SafeMoon executives deceived investors about the accessibility of SFM’s ‘locked’ liquidity, utilizing the funds for personal gain as...Read More
