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Japanese Firms Collect Crypto Donations for Earthquake Victims
5.1.2024
Source: momius/Adobe Some of Japan’s biggest crypto firms are building donation platforms to help victims of the Noto Peninsula earthquake. Per the Japanese news outlet CoinPost, crypto donors have already given “tens of millions of yen” worth of tokens to charities aiding earthquake victims. These...
Gamma Strategies Identifies Root Cause of Exploit Attack, Attempts Negotiation for Fund Return
4.1.2024
Source: iStock / JuSun The protocol managing liquidity on the Ethereum blockchain, Gamma Strategies, has initiated a bounty negotiation with the attacker responsible for stealing $3.4 million worth of digital assets. The attack was discovered by blockchain defense company PeckShield on January...
The Bitcoin Dilemma: Ordinals Upgrade May Lead to Centralized Fork
4.1.2024
Source: DALL·E The creator of Bitcoin’s fast-rising BRC-20 token standard is worried that one of its top marketplaces is attempting a sly takeover of the entire protocol. On Monday, UniSat confirmed that it would implement the Ordinals Jubilee upgrade “to confirm that brc-20 is still on Ordinals...
CoinMarketCap Announces Gaimin’s GMRX Token to Be Incubated by CMC Labs in a Historic First
4.1.2024
PRESS RELEASE. GAIMIN (www.gaimin.io), the world’s leader in delivering decentralised data processing power through gaimin.cloud (www.gaimin.cloud), has been selected by CoinMarketCap as an inaugural incubatee of the new CMC Labs accelerator program. CoinMarketCap (CMC) is the most valued source...
Sei Price Prediction as it Surges 60% in 7 Days – What’s Fueling This Momentum?
4.1.2024
Sei (SEI) Chart / Source: TradingView Sei (SEI), the token that powers the recently launched and much-hyped Sei Network blockchain, has continued to pump in recent days, despite the broader cryptocurrency market succumbing to profit-taking and deleveraging. SEI/USD was last changing hands just...
Nigeria’s Central Bank Rolls Out Regulations For Financial Institutions Dealing with VASPs
4.1.2024
Source: AdobeStock The Central Bank of Nigeria (CBN) has issued new regulations to guide banks and other financial institutions that offer domestic accounts for virtual assets service providers (VASPs). In an official circular released on its website on Jan 3, the country’s leading banking...
Cipher Mining Boosts Capacity with 16,700 New Bitcoin Miners
4.1.2024
Source: Adobe / Photocreo Bednarek Prominent Bitcoin (BTC) mining firm Cipher Mining has acquired 16,700 new mining rigs, aiming to position itself as one of the leading players in the industry following the anticipated Bitcoin halving event in April. The company plans to install these...
Bitget’s Resilience and Growth Strategy in the Crypto Bear Market: Gracy Chen Explains
4.1.2024
Source: Bitget Cryptocurrency exchange Bitget went forward with key investments amid the digital asset winter setting the tone for favourable market conditions in the future. In a Jan 4 interview with Colin Wu, the Bitget executive explained the role the exchange took in the bear market,...
CEO of Collapsed Crypto Fund HyperVerse Seems to Not Exist At All + More News
4.1.2024
“Hyperverse CEO Steven Reece Lewis”. Source: a video screenshot,DST NATIONAL CHANNEL / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: CEO of Collapsed Crypto Fund...
The Road to Digital Euro: ECB Publishes Crucial Rulebook Draft
4.1.2024
Source: Adobe/Christian The European Central Bank (ECB) has unveiled progress in the development of the digital euro, with the publication of a report detailing the advancements made by the digital euro scheme’s Rulebook Development Group (RDG). The update follows a June 2023 report from...
Gamma Strategies Launches Investigation into Security Incident Following Exploit Draining Over 211.9 ETH
4.1.2024
Source: Pixabay The Ethereum-based asset management protocol, Gamma Strategies, is currently investigating an ongoing security incident that may have resulted in the depletion of at least 211.9 Ether (ETH). We're monitoring and reacting to a possible security incident. Please be patient while...
Binance Labs Invests in Memeland’s Native Ecosystem Token Memecoin (MEME)
4.1.2024
Source: Pixabay / Binance The investment arm and incubator of the cryptocurrency exchange Binance, Binance Labs, has invested in the Memecoin (MEME) token. According to an announcement on January 4, Binance Labs revealed that it has invested in the naive ecosystem token of Memeland, a project...
Bitcoin’s Flash Crash Sends Shockwaves Through Gaming Token Market
4.1.2024
Source: Adobe/nuclear_lily Bitcoin’s recent flash crash has sent shockwaves across the cryptocurrency market, impacting various gaming-related tokens. On Wednesday, Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a rapid decline of approximately 7%, prompting...
India’s Digital Rupee Hit 1 Million Daily Transactions in December: Report
4.1.2024
Source: AdobeStock / picsmart India’s digital rupee hit 1 million daily transactions in December, aligning with the Reserve Bank of India’s targeted goal for daily transactions by the end of 2023, Reuters reported. The central bank digital currency (CBDC), known as the e-rupee,...
Crypto Assets Under Management Surged 14% as Daily Trading Volumes Recorded 33% Increase in December
4.1.2024
Source: Adobe / Luisa The digital asset market recorded massive highs on several fronts in Q4 2023 as institutional investors tightened their bullish grip on the market in anticipation of a spot Bitcoin (BTC) ETF approval in the United States. A new report released by CCData on the fourth quarter...
Orbit Bridge Hacker Suspected in Coinspaid and Coinex Breaches
4.1.2024
Source: AdobeStock / Tamara Blockchain analysts from Match Systems have found that the Orbit Chain hackers used the same tactics as those in several other high-profile attacks – suggesting that a cybercrime organization, possibly the infamous Lazarus Group, stands behind these hacks. This...
Huobi Korea Announces Closure Citing Challenging Business Environment
4.1.2024
Source: Adobe South Korean cryptocurrency exchange Huobi Korea has announced the shut down of its services with effect from January 29, 2024. The decision comes in response to what the company described as a challenging “business environment.” Established in 2017, Huobi Korea...
$1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report
4.1.2024
Source: Pixabay/Werner Moser 2023 saw a 51% decline in the digital assets lost to hacks, scams and exploits than that of 2022. However, a staggering $1.84 billion in cryptocurrencies were lost across 751 security breaches in 2023, blockchain security firm CertiK reveals. The 2023 “Hack3d” report...
Tuttle Capital Files for Six Leveraged and Inverse Bitcoin ETFs with SEC
4.1.2024
Source: DALL·E Tuttle Capital Management has filed for six new Bitcoin exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). On Jan.3, Tuttle Capital filed three separate N1-A filings with the SEC. The company’s proposed Bitcoin ETFs are structured to offer leveraged...
The Big List: Retail Revolution with Cryptocurrency – Retailers Embracing Digital Payments
4.1.2024
Microsoft Office / Source: Adobe There are many retailers accepting cryptocurrency as a form of payment and realizing how important it is to attract and tap into a more tech-savvy client base. Some would argue that the end of fiat currencies is nigh, and eventually, fiat will be replaced by digital...