Fidelity Investments – one of the world’s most prominent asset managers – has reported that a data breach in August affected the personal information of over 77,000 customers. The breach, which occurred between August 17 and August 19, 2024, allowed an unauthorized third party to gain access to two customer accounts. No Evidence of Data...Read More
A recent cyberattack has led to an unsuspecting crypto investor reportedly losing 15,079 fwdETH, worth roughly $36 million. In the incident, described by security experts as a permit phishing scam, the bad actor tricked the user into unknowingly signing a malicious signature, which gave the thief full access to the individual’s funds. How it Happened...Read More
Despite Bitcoin’s (BTC) impressive price recovery, asset management giant BlackRock made a significant move that caught the attention of crypto enthusiasts. Recently, the blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that BlackRock sold 182 BTC worth $11.34 million. BlackRock Increase ETH Holding Following this massive sell-off, the asset manager purchased a...Read More
Short-term trader activity is a critical factor in the dynamics of meme coins, which are largely fueled by hype and market sentiment. Leading this trend is Dogecoin (DOGE), which boasts the highest number of short-term traders in the meme coin space. DOGE Emerges as Traders’ Favorite According to the latest findings by the on-chain analytic...Read More
The Nigerian Securities and Exchange Commission’s (SEC) case against the world’s largest cryptocurrency exchange, Binance, continues to drag on. A judge has denied the second bail application for the exchange’s executive, who has been detained in the country since February. According to a report from local media Nairametrics, Justice Emeka Nwite denied Binance’s head of...Read More
Veteran commodity trader Peter Brandt has suggested that the price of Bitcoin (BTC) could drop by as much as 75%. The 77-year-old based his warning on the observation that in the past, Bitcoin experienced major corrections whenever it failed to reach a new all-time high (ATH) within 30 weeks of its previous peak. Could Historical...Read More
[PRESS RELEASE – Victoria, Seychelles, October 11th, 2024] Bitget, a leading cryptocurrency exchange and Web3 company, announces a significant feature launch, Telegram App Centre, curating over 600 Telegram mini-apps all in one place, making it the most comprehensive page on the market outside of Telegram. This feature enables users to discover and interact with the...Read More
Bitnomial has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners, accusing the agency of overextending its jurisdiction. The company’s case disputes the SEC’s classification of XRP as a security, which the agency claims qualifies as an investment contract under the Securities Exchange Act. The Case Details The Chicago-based...Read More
Bitcoin is again in a tough zone and the whole crypto market is feeling the heat. BTC price has dropped below a key support level and the fear is spreading in the market. Whales are making waves and diamond hands are staying strong, still the market fails to climb. Let’s dive into what’s happening and...Read More
[PRESS RELEASE – Transylvania, Romania, October 11th, 2024] GraFun, the memecoin launchpad on BNB Chain, has reported a record-breaking first week. Within the first 24 hours of launch, GraFun served 130M requests from more than 850,000 unique users. Despite the high demand, the platform has continued to operate smoothly and facilitated the launch of thousands...Read More
Around 18,800 Bitcoin options contracts will be expiring on Friday, Oct. 11, with a notional value of around $1.1 billion. Today’s options expiry is very similar to last week’s as implied volatility declines, and expiry events are now smaller. Therefore, it is unlikely to impact spot markets, which have been retreating this week. Bitcoin Options...Read More
[PRESS RELEASE – Singapore, Singapore, October 10th, 2024] Leading industry investors join forces to support Yala’s vision of a connected multi-chain ecosystem with Bitcoin. Yala, a liquidity protocol and stablecoin issuer for Bitcoin, has announced the successful completion of its 3x oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures,...Read More