Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Losses in BNB Chain Network from Hacks Falls 85%
Reading Time: < 1 minuteAccording to AvengerDAO’s report, the financial losses in BNB Chain’s blockchain due to security breaches decreased by 85%, from $1.11 billion in 2022 to $161 million in the previous year.
Bitcoin Trading on Bithumb Approaches $3B
Reading Time: < 1 minuteThe BTC trading volume on Bithumb has reached up to $3 billion.
MetaMask Adds Ethereum Validator Staking Feature
Reading Time: < 1 minuteThe MetaMask non-custodial wallet team has added a new feature that allows users to participate in validator staking without needing to run a node.
Terraform Labs Files for Bankruptcy in US
Reading Time: < 1 minuteTerraform Labs Pte. Lte. has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on January 21, according to the court’s website.
Operators Obliged to Ensure Transparency of Crypto Transactions in EU
Reading Time: < 1 minuteThe European Union’s governing body, the Council, recently announced its plans to strengthen supervision over the use of digital currencies.
Tether-owned Bitcoins Reach $2.8B
Reading Time: < 1 minuteAt the end of the fourth quarter of 2023, Tether purchased an additional 8,888 BTC worth $380 million. This brings their total Bitcoin holdings to 66,465 BTC.
Canada Makes Proposal to Amend Fund Requirements for Crypto
Reading Time: < 1 minuteOn January 18, the Canadian Securities Administrators (CSA) proposed new regulations for public investment funds regarding the treatment of crypto assets.
Anthony Scaramucci Predicts Bitcoin Could Reach $170,000 Next Year
Reading Time: < 1 minuteAccording to Anthony Scaramucci, Bitcoin is poised to reach a staggering $175,000 by the end of 2025.
Cumulative Spot Bitcoin ETF Volume Exceeds $11B
Reading Time: < 1 minuteThe total trading volume of 11 newly launched spot bitcoin ETFs has exceeded $11.1 billion as of their fourth day of trading on Wednesday.
Binance Adds Futures to its Copy Trading Feature
Reading Time: < 1 minuteResponding to the significant demand from its users, Binance has now expanded its copy trading feature to include futures trading.
Blast Team Announces Testnet Launch
Reading Time: < 1 minuteRecently, Blast’s second-tier solution went live with a test network on January 16, and a developer competition was launched simultaneously.
Taiko Launches its Final Testnet
Reading Time: < 1 minuteTaiko, a scaling solution built on Ethereum’s Layer 2, has released its Katla (Alpha-6) testnet, paving the way for the launch of the mainnet.
Binance Thailand Begins Operations
Reading Time: < 1 minuteBinance has now opened its doors to the general public in Thailand.
Venezuelan Authorities End El Petro Project
Reading Time: < 1 minuteThe government has officially announced the liquidation of all Petro wallets and the remaining tokens will be automatically converted into the national currency, the bolivar.
Bitfinex $15B Transfer in XRP Was a Failed Exploit
Reading Time: < 1 minuteBitfinex’s Chief Technology Officer (CTO) Paolo Ardoino stated that an XRP transaction worth nearly $15 billion was actually part of a partial payment exploit that was unsuccessful.
Berachain Launches a Public Testnet
Reading Time: < 1 minuteThe team behind Berachain, a layer 1 blockchain that is compatible with the Ethereum Virtual Machine (EVM), has recently launched the Artio public testnet.
Robinhood Lists Recently Approved Spot Bitcoin ETFs
Reading Time: < 1 minuteRobinhood has announced it now offers all 11 spot Bitcoin exchange-traded funds for both retirement and brokerage accounts.
Fundstrat Predicts Bitcoin Will Reach $500,000 in 5 Years
Reading Time: < 1 minuteFundstrat analysts predict that the price of Bitcoin will soar to $500,000 in the next five years.
Wintermute’s OTC Trading Volume Rose 400% Last Year
Reading Time: < 1 minuteIn the latter half of 2023, Wintermute, a market maker, experienced a 400% rise in over-the-counter trading volume compared to the first six months.
SEC Gives Approval to 11 Spot Bitcoin ETFs Applications
Reading Time: < 1 minuteThe SEC has given the green light for 11 spot Bitcoin ETFs to be launched on an accelerated basis, according to a document uploaded to the SEC website.
BitGo Gets Provisional License in Singapore
Reading Time: < 1 minuteBitGo has received initial approval from Singapore’s main financial regulator for a Major Payment Institution license through its subsidiary based in Singapore.
A Physical BTC Wallet is Taken to the Moon
Reading Time: < 1 minuteAccompanied by astronauts, a crypto wallet holding 1 BTC is being transported on the lunar rocket Vulcan Centaur.
Data Marketplace Ta-da Completes a $3.5M Funding Round
Reading Time: < 1 minuteTa-da, an AI data marketplace, has recently completed a $3.5M funding round in which multiple leading blockchain VCs have taken part.
Marathon Mined Almost 2,000 BTC in December
Reading Time: < 1 minuteIn January, Marathon Digital Holdings announced that they had mined a record-breaking number of coins, specifically 1853 BTC, in December 2023.
SEC Reissues Crypto Warning
Reading Time: < 1 minuteThe SEC has issued a renewed caution against FOMO (fear of missing out) crypto investing, just days before the expected approval of spot Bitcoin ETFs.
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