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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,...
Solana Foundation Plans Expansion to Brazil With Over $10M in Investments
4.1.2024
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...
Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack
4.1.2024
Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million. Radiant Capital has urged the hackers...
Solana (SOL) Rival Retik Finance (RETIK) Raises $4M in Its Presale Like a Breeze
4.1.2024
In the fast-paced realm of decentralised finance (DeFi), where groundbreaking ideas are at the forefront and competition is fierce, a new entrant has captured the attention of the crypto community with its bold presale and ambitious vision. Retik Finance (RETIK), a self-proclaimed challenger...
The Future of Bitcoin Is Here – In The Form of Predict-To-Earn Sensation Green Bitcoin (GBTC)
4.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Green Bitcoin (GBTC) has become a focal point of interest within the cryptocurrency community, attracting a significant influx of investors during its presale. The enthusiasm is evident as the total...
dYdX Reveals Post-Mortem Findings: Identifies Attacker and Considers Legal Measures
4.1.2024
Image Source: Unsplash Decentralized exchange dYdX has released a post-mortem report detailing the “targeted attack” it experienced on its v3 platform in November. The attack resulted in a $9 million loss from its insurance fund, which represented approximately 40% of its total...
Crypto Investment Products Record $243 Million Inflows in Final Week of 2023, Yearly Total Reaches $2.2 Billion – CoinShares
4.1.2024
Source: Adobe / Luisa Cryptocurrency investment products witnessed substantial inflows, totaling $243 million in the final week of 2023, contributing to a cumulative yearly inflow of $2.2 billion. According to CoinShares, Bitcoin (BTC) led the way with over $1.9 billion in inflows, accounting...
Michael Saylor Selling $216 Million of Microstrategy’s Shares, Plans to Buy More Bitcoin
4.1.2024
Microstrategy’s executive chairman, Michael Saylor, is selling $216 million of his company’s shares, according to a filing with the U.S. Securities and Exchange Commission (SEC). The pro-bitcoin executive intends to use some of the proceeds to acquire additional bitcoin for...
South Korean Gaming Giant WeMade Must Pay $41M ‘Crypto Tax’ Bill
4.1.2024
Source: Zerbor/Adobe The South Korean gaming firm WeMade has been hit with a $41 million tax bill for its crypto-related activities. Yonhap reported that the National Tax Service (NTS) issued the bill following an investigation into the firm’s historic crypto business operations. The NTS said...
Solana Price Prediction as Flash Crash Wiped Out $26 Million in Longs– Where Next After SOL Recovers 16% to $100?
3.1.2024
Solana (SOL), the native cryptocurrency of the high layer-1 Solana blockchain protocol, has seen a massive 16% bounce from intra-day lows in the $85 area, and was last trading slightly back to the north of the psychologically important $100 level. Despite the stunning recovery in the last...
Over $460 Million Longs Liquidated in Past Hour as Bitcoin Drops 8% on Spot ETF Delay Rumors
3.1.2024
Image Source: Pixabay More than $460 million in longs liquidated across the crypto market over the past hour alone after the price of Bitcoin dropped by 8% on rumors that the SEC might delay spot ETF approval. According to data by CoinGlass, long traders suffered around $462 million in losses...
Is Filecoin Going to Zero? FIL Price Dips 4% as New Bitcoin Platform Hits $7.2 Million
3.1.2024
Source: Dall•E 3 The FIL price has dropped by as much as 4% in the past 24 hours, slipping to $7.48 as the wider crypto market suffers a 1% decline today. Despite the dip, Filecoin remains up by 31% in a week and by 54% in the last 30 days, with the altcoin also having […]
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Wallet Drainers Make Off with $295 Million from 320,000 Users in 2023: Scam Sniffer
3.1.2024
Source: AdobeStock / Tomasz Bidermann Popular crypto phishing scams drained almost $300 million from 320,000 users in 2023 with figures increasing monthly as bad actors deploy sophisticated techniques. In a recent publication, cryptocurrency security firm, Scam Sniffers analyzed the market trends...
Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss
3.1.2024
Source: Radiant Capital (Edited by Hongji Feng) Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security company PeckShield Inc., the hacker drained 1,900 Ethereum tokens within...
Bitcoin Price Prediction: Saylor Sells Stocks, CleanSpark’s New Desk
3.1.2024
In the dynamic world of cryptocurrencies, Bitcoin currently trades at $45,224, marking a slight decrease of less than 0.50% on Wednesday. In a significant move, Michael Saylor has initiated the sale of $216 million in MicroStrategy stocks, opting to invest further in Bitcoin. Meanwhile, CleanSpark...
MicroStrategy’s Michael Saylor to Sell $216 Million Company Shares for Bitcoin
3.1.2024
Source: DALL·E MicroStrategy co-founder Michael Saylor has planned to sell company shares worth $216 million for personal Bitcoin investment. According to a recent filing with the U.S. Securities and Exchange Commission, Saylor will be selling 310,000 stock option awards, originally granted...
Shiba Inu Price Prediction as $175 Million in Volumes Come In – Where Next for SHIB?
2.1.2024
Shiba Inu Price Prediction as $175 Million in Volumes Come In – Where Next for SHIB? Shiba Inu (SHIB) has reversed sharply from an attempt earlier in the day to push to the north of the upper $0.000010s and an increase in trading volumes as traders return from New Year celebrations. Having been...
Bitcoin Price Prediction as Market Cap Nears $900 Billion – Can BTC Maintain Its Momentum?
2.1.2024
As Bitcoin (BTC/USD) commences 2024 with an impressive 2.47% rise in value, reaching $44,907 on January 2, the cryptocurrency market watches closely. This increase not only highlights a significant trading volume of over $39 billion within 24 hours but also cements Bitcoin’s dominant position...
December Ranks Fifth Highest Month in Crypto Scams With Over $100 Million Drained
2.1.2024
Source: Pixabay / Pete Linforth Blockchain security firm CertiK says that over $116 million was lost in December to cryptocurrency scams with exploits, exits scams and flash loan attacks recording highest figures. The firm posted the industry hack data for the previous on X (formerly Twitter)...
Is Helium Price Going to Zero? HNT Drops 6% as Novel New Mining Protocol Secures $7.2 Million in Funding
2.1.2024
Source: Dall•E 3 The Helium price has fallen by as much as 6% in the past 24 hours, slipping to $6.82 on a day when Bitcoin ETF hopes have caused the market to rally by the same percentage. HNT is now down by 4.5% in a week and by 21% in a fortnight, yet the […]
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