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Peckshield Report Reveals Decline in Crypto Losses Despite Persistent Threats in 2023
31.1.2024
Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a significant portion of the cyber thefts. Peckshield Report...
Bona Fide Wealth President Defines Bitcoin as ‘Digital Gold,’ Discusses Showdown Between Crypto Natives and Traditional Finance
30.1.2024
Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted the contrasts in approach between traditional trade...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market
30.1.2024
Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF Fee Slashed in Response to Intense Market...
Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing
30.1.2024
GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker
Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
30.1.2024
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures
Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh
30.1.2024
Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated using the firm’s newly introduced...
GBTC Discount Narrows to Zero; Experts Say Return of Premium to NAV Is a Possibility
30.1.2024
The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin.” While some see the disappearance of the discount as pointing to the re-emergence of the premium to the net asset value (NAV), one expert said he sees...
Googles Updates Advertising Policy for Crypto, Allows ETF Ads
30.1.2024
Google has finally executed an advertising policy update announced in December, allowing some cryptocurrency finance products, like the recently approved bitcoin ETFs, to include sponsored links on its platforms. Consequently, some bitcoin ETF issuers, like Vaneck and Blackrock, are already posting...
Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
30.1.2024
The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local fiat currencies
German Police Seize $2.1B Worth of Bitcoin in Piracy Sting
30.1.2024
Police in Germany have provisionally seized 50,000 bitcoin worth $2.17 billion in what it is calling its largest seizure to date
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
30.1.2024
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit
Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange
30.1.2024
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks
Forget Ethereum, this rival token Priced at $0.09 will reach $16 in 2024
30.1.2024
  The cryptocurrency landscape is witnessing a seismic shift as a new challenger, priced at a mere $0.09, emerges to rival Ethereum’s long standing supremacy. This token, Retik Finance, is not just another entrant in the crowded crypto space; it represents a paradigm shift...
Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT
30.1.2024
The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November
DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget
29.1.2024
The crypto insurance protocol is anticipating growth stemming from a recent partnership
Nintendo Reportedly Looking To Manufacture 10 Million Switch 2s In The Next Fiscal Year
29.1.2024
When a new console comes out, it’s often a hellish endeavor trying to get one in the first year. So, with the Switch 2 rumored to drop later this year, prospective buyers will be happy to know that Nintendo is reportedly looking to ensure that if you want a Switch successor, you can get one. Most...
Bank of Japan Holds First CBDC Meeting with Key Finance Officials
29.1.2024
Japan’s central bank and the Finance Ministry reportedly had their first meeting to discuss a potential central bank digital currency (CBDC) on Friday. Local outlet NHK News reported that executives from relevant ministries and central bank directors discussed issues regarding a CBDC. The Ministry...
Solana Market Cap set to be Flipped by this rival token currently at a mere $0.09
29.1.2024
In the tumultuous world of cryptocurrencies, few stories captivate the imagination quite like that of Retik Finance. With its presale price currently sitting at a modest $0.09 during presale stage 7, Retik Finance has emerged as a dark horse contender, poised to challenge the dominance of Solana...
Orbiter Finance unveils L2 network with OKX backing
29.1.2024
Orbiter Finance, a rapidly expanding entity within the cryptocurrency industry, has achieved a noteworthy milestone with the addition of more than three million users to its cross-chain bridge. This groundbreaking endeavor facilitates the exchange of assets among rollup networks. The investment...