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XLink Partners with Kaamel Technology to Investigate $10M Security Breach


XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the 'root cause' of a data breach incident on May 15, involving nearly $10 million of user funds. The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach...

Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue


BitFuFu's total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.  The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data


The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more...

Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers


The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onchain and market data platform Cryptoquant...

Tether CEO Hints at Development of Global P2P Financial Markets Terminal


Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal. Ardoino explained that decentralization in the payments area, where humanity is “getting rid” of...

Reddit Stock Price Jumps After OpenAI Data-Sharing Deal


Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT. The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews

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