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Ethereum Wallet Drainer Steals $60M in Six Months
13.11.2023
Hackers that stole more than $60 million worth of crypto in six months are using a piece of code to bypass security alerts after maliciously gaining access to a private key
Cboe Digital to Launch Margined Futures for Bitcoin, Ether
13.11.2023
CBOE Digital, the crypto arm of the Chicago Board of Options Exchange, said it will list margined bitcoin and ether futures on Jan. 11
Bitcoin Miners’ Daily Profits Top $44 Million, Reaches Highest Point Since April 2022
13.11.2023
Source: AdobeStock / Photocreo Bednarek The cryptocurrency market has recorded soaring prices in recent weeks sparking wins spanning across miners’ profits, decentralized finance (DeFi) numbers, and larger investor appetite. Global Bitcoin (BTC) miners have seen mining profits soar to new highs...
Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
13.11.2023
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million
Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer
13.11.2023
A hacker seemingly stole $27 million worth of tether [USDT] from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT
Grayscale's Solana Trust Trades at 869% Premium as Institutions Flock to SOL
13.11.2023
Grayscale's Solana Trust (GSOL) is trading at $202 a share following a 653% rise since the start of September. The Trust's underlying asset, SOL, has trebled to $58 in the same period
Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License
13.11.2023
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
13.11.2023
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to defunct hedge fund 3AC
Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report
13.11.2023
Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market
THORChain becomes third largest DEX as Rune surges 50% in a week
13.11.2023
THORChain $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among non-centralized exchanges
US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are
12.11.2023
U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out that crypto accounts for less than 1% of...
DeFi Platform Raft Hacked for $3.3 Million, Attacker Burns Most of Stolen ETH – Here’s What Happened
11.11.2023
Source: Pixabay Decentralized finance (DeFi) platform Raft has suffered a hack resulting in the loss of approximately $3.3 million in Ethereum ( ETH). However, the attacker’s attempt to profit from the heist may have backfired, as they incurred a loss themselves. On-chain data reveals that...
Gamefi Tokens’ Valuation Swells by $4.5 Billion, Eclipsing AI Crypto Sector’s Growth
11.11.2023
Over the last month, the crypto market has seen appreciable gains, reaching a valuation of $1.4 trillion. Certain areas, however, have registered more pronounced increases against the U.S. dollar. Data reveals that the top gaming tokens from the game finance (gamefi) sector have experienced...
Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE
11.11.2023
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including...
Swiss Financial Giant UBS Now Offers Crypto ETFs to Wealthy Clients in Hong Kong, Report
11.11.2023
UBS has reportedly begun offering wealthy clients access to some crypto exchange-traded funds (ETFs) in Hong Kong. Initially, the Swiss financial services giant is offering three crypto ETFs that have received regulatory approval from the Securities and Futures Commission. UBS Offering Crypto ETFs...
ETH to Surpass $5,800 by End of 2025 — Experts See Lowest Price of $1,352 in 2023
10.11.2023
The U.S. dollar value of the cryptocurrency ether is predicted to end the year averaging $1,840 and $5,824 by the end of 2025, the latest Finder’s prediction report has said. Regulatory uncertainty and a challenging macroeconomic environment are likely to cause ether’s drop...
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
10.11.2023
The Mango Markets exploiter’s trial was first scheduled for December 2023; however, during one of the court hearings, the accused convinced the judge to delay the trials for a few months
Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
10.11.2023
The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as "institutional partners."
Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
10.11.2023
Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee
Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
10.11.2023
Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year