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Reports State at Least $1.7B Was Lost in Hacks and Exploits During 2023
29.12.2023
Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion, while De.fi, another Web3 security firm, states that...
Immediate Ipro AI Review – Scam or Legitimate Trading Platform
29.12.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content “We can help you master the art of crypto investing fast” are the first words that appear on the official Immediate Ipro AI website. The platform claims to act as an intermediary...
PlayToEarn Blockchain Game Awards 2023: Celebrating Excellence in Web3 Gaming
29.12.2023
In our ongoing commitment to recognize excellence in the blockchain gaming industry, PlayToEarn is thrilled to present the third edition of the PlayToEarn Blockchain Game Awards. This year’s awards aim to acknowledge the top games, creators, and guilds that have made significant contributions...
Bitcoin ETF Competition Grows; Polkadot & InQubeta Garner Growing Buyer Interest
29.12.2023
The Bitcoin ETF industry is seeing new headlines hit the market almost every other day. So much so that Franklin Templeton, which is a global asset management company, has even submitted an application for its own spot ETF. We have Blackrock, Valkyrie, Bitwise, and almost 20 other applicants...
Low Exchange Supply Could Trigger a Bitcoin Bull Run; Cardano (ADA) and RebelSatoshi (RBLZ) Await Impressive Returns
29.12.2023
In the constantly evolving world of cryptocurrency, the buzz is all about the potential for a Bitcoin bull run, fueled by a low exchange supply. This anticipated surge is not just good news for Bitcoin enthusiasts but also for altcoin investors, particularly those eyeing Cardano (ADA) and...
Is Chainlink Going to Zero? LINK Price Drops 9% as New Mining Project Exceeds $6.6 Million Raised
29.12.2023
Leading oracle project Chainlink has endured a -9% LINK price drop over the past 24-hours, leaving some panicked holders asking is Chainlink going to zero? This comes amid a broader downtick and retracement in major cryptocurrencies over the past 24-hours, which has spread throughout the market....
OKX Crypto Exchange Announces Plans to Delist Privacy Coins in 2024 – What’s Going On?
29.12.2023
Source: AdobeStock / Krakenimages.com Crypto exchange OKX will delist eight privacy-focused coins in a few days. These include monero (XMR), zcash (ZEC). and dash (DASH), among others. According to the press release, besides the above-mentioned XMR, ZEC, and DASH, the move will also affect...
Binance Reports 30% Surge in Users, Facilitates 18% More Trades in 2023, Emphasizes Compliance Strengthening
29.12.2023
Source: AdobeStock / prima91 Binance, the world’s largest cryptocurrency trading platform, has reported substantial growth in its user base, experiencing a 30% increase in users in 2023 while emphasizing its compliance with various regulations. According to its recently released year-end...
SOLTAMA Coin is Up 17,000% Today and This Other Meme Coin is About to Explode – How to Buy?
29.12.2023
As Solana memecoins continue to explode amid the latest DEX-traded trend, Saitama coin (SOLTAMA) has erupted +17,000% – could this other meme coin be next? This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant...
Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’
29.12.2023
Tether CEO Paolo Ardoino made a retrospective about the company’s growth since its beginnings. In a post in X, Ardoino celebrated the current standing of the company, with its USDT stablecoin reaching a $91.5 billion market cap on several blockchains, $4 billion in excess reserves, and...
Blockchain Security Firm Says Pink Drainer Responsible for $4.4 Million LINK Exploit
29.12.2023
Source: AdobeStock / Tomasz Bidermann Cryptocurrency hacking group, Pink Drainer has been linked to the recent $4.4 million LINK user drain, increasing the number of their victims to 9,068 with a total of $18.7 million stolen. According to on-chain analytics firm Etherscan, another user has fallen...
FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin
29.12.2023
Source: Adobe / Александр Поташев FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims. In a filing made on December 27 in the United States Bankruptcy...
Bitcoin Price Prediction: BTC at $42,650, Is Downtrend Looming?
29.12.2023
  In the fluid world of cryptocurrency, Bitcoin (BTC/USD), the trailblazer of digital currencies, finds itself at a pivotal juncture. As of December 29, Bitcoin’s price hovers at $42,627, reflecting a 1.82% decline in the past 24 hours. This downturn brings Bitcoin’s market...
Catalyx Exchange Halts Operations Post Security Breach, Probing Potential Insider Involvement
29.12.2023
Source: Jason Hafso / Pexels Canadian cryptocurrency exchange Catalyx has temporarily suspended trading and withdrawals on its platform after discovering a security breach that it suspects may involve one of its employees. The exchange said it believes that this breach has resulted in the loss of...
This Solana Alternative is poised to beat the Market Cap of SOL, hint Experts
29.12.2023
In the ever-evolving world of cryptocurrencies, competition among blockchain platforms is fierce. Solana (SOL), with its lightning-fast transactions and impressive scalability, has secured its spot among the top cryptocurrencies. However, there’s a new contender on the horizon that’s...
Economist Warns the Demise of US Dollar Hegemony Is ‘Really Upon Us’
29.12.2023
Economist Stephanie Pomboy has warned that the “demise of the U.S. hegemony is really upon us,” emphasizing that the Biden administration and many U.S. policymakers in Washington “are just sleeping right through it.” She pointed out that a growing number of nations...
Vitalik Buterin Blames Rising Transaction Fees for Web3’s Drift from Decentralization
29.12.2023
Source: ShutterStock In a recent blog post titled “Make Ethereum Cypherpunk Again,” Ethereum co-founder Vitalik Buterin expressed concerns about the veering trajectory of Web3 from its original vision. Buterin contends that the foundational principles of Web3 have gradually receded...
Terraform Labs CEO Do Kwon Violated US Securities Law, Says Judge
29.12.2023
Source: Terra / YouTube US District Judge Jed Saul Rakoff said on Thursday, Terraform Labs CEO and founder Do Kwon violated the US securities law by failing to register UST and LUNA as securities. Rakoff, a judge at the US District Court Southern District of New York, agreed with the the Securities...
Anti-Corruption Commission Reveals South Korean Lawmakers Traded $98M in Crypto Over Past Three Years
29.12.2023
Source: Pixabay The Anti-Corruption and Civil Rights Commission has revealed that South Korean lawmakers engaged in crypto trading, totaling a staggering 125.6 billion won ($97.6 million) over the past three years. The commission’s 90-day inspection into the virtual asset transaction records...
Ark Invest CEO Cathie Wood Expects Spot Bitcoin ETFs to Boost BTC Price ‘Significantly’
29.12.2023
Cathie Wood, CEO of Ark Investment Management, foresees widespread institutional involvement in spot bitcoin exchange-traded funds (ETFs) following anticipated approval by the U.S. Securities and Exchange Commission (SEC). “All we need is for the trillions of dollars in institutional assets...