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Hundred Finance Hacker Transfers Stolen Funds After A Year Of Inactivity


Following a year of inactivity, the hacker known as Hundred Finance, who was behind the $7.4 million cryptocurrency theft, reappeared on May 1 and began transferring cryptocurrency assets out of Curve's decentralised exchange. The post Hundred Finance Hacker Transfers Stolen Funds After A Year...

US Imposes Sanctions on Crypto Addresses Linked to Russian Drone Maker


The Office of Foreign Assets Control (OFAC) of the US Treasury launched an action against a developer at OKO Design Bureau, a drone manufacturer with headquarters in Russia, on May 1. Three crypto addresses connected to the developer were added to the Specially Designated Nationals (SDN) list...

Coinbase Announces Support for Bitcoin’s Lightning Network


Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing...

Binance Nigeria Executives’ Money Laundering Trial Pushed To May 17


The Binance Nigerian money laundering trial against the crypto exchange and its two executives, Nadeem Anjarwalla and Tigran Gambaryan, has been postponed to May 17, Thursday media reports confirm. The post Binance Nigeria Executives’ Money Laundering Trial Pushed To May 17 appeared first...

Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions


David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like...

Best Crypto to Buy Today, May 2 – Pepe, dogwifhat, Optimism


As the market recovers by 2.5% in the past 24 hours, we run through the best crypto to buy today, covering Pepe (PEPE), dogwifhat (WIF) and Optimism (OP). The post Best Crypto to Buy Today, May 2 – Pepe, dogwifhat, Optimism appeared first on Cryptonews

Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow


On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11, 2024. ETF Institute Co-Founder: ‘Inflows Don’t Go up in a Straight Line’ Data sourced from coinglass.com reveals that these funds saw a withdrawal...

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