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Binance Labs Invests in Memeland’s Native Ecosystem Token Memecoin (MEME)


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


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...

Orbit Bridge Hacker Suspected in Coinspaid and Coinex Breaches


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


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...

Solana Foundation Plans Expansion to Brazil With Over $10M in Investments


The Solana Foundation, the institution in charge of managing initiatives related to the Solana network, has announced it will expand to Brazil. According to local reports, the organization plans to launch a local team and invest over $10 million in several Web3 fields, including tokenization...

$1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report


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...

Bitcoin Price Prediction: JPMorgan Talks ETF, Cipher Buys Miners Amid Drop


The cryptocurrency world is abuzz with significant developments as Bitcoin grapples with market volatility. On Thursday, Bitcoin’s price saw a notable decrease, dropping by nearly 4.50% to $43,000. Amidst this price fluctuation, major financial players like JPMorgan and Goldman Sachs...

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