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MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
Crypto Exchange Listing and Delisting Announcements: April 1, 2024
2.4.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: April 1, 2024 appeared first on Cryptonews
South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election
2.4.2024
South Korean politicians are accusing one another of crypto-related wrongdoings ahead of parliamentary elections in the nation on April 10.
The post South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election appeared first on Cryptonews
USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District
2.4.2024
Police in Gangnam, an affluent district of Seoul, South Korea, have arrested 10 people accused of stealing money in a bogus USDT OTC trade.
The post USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District appeared first on Cryptonews
Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin
2.4.2024
CNBC's Andrew Sorkin doesn't believe nearly as manner people use Bitcoin as an inflation hedge as its boosters claims.
The post Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin appeared first on Cryptonews
Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?
1.4.2024
Crypto theft plummeted by 48% in March, with malicious actors stealing $79M from DeFi projects, down from $160M in February. Flash loan attacks, phishing scams, and targeted exploits contributed to the losses.
The post Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?...
Mark Yusko Predicts Bitcoin At $150,000 In 2024
1.4.2024
Mark Yusko believes Bitcoin will rise to two times its "fair market value" at the end of the bull market, while altcoins could potentially multiply far more.
The post Mark Yusko Predicts Bitcoin At $150,000 In 2024 appeared first on Cryptonews
Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts
1.4.2024
Bitfarms reported a slight dip in its Bitcoin (BTC) production for March 2024, as it produced 286 BTC, reflecting a decrease of 5% from February and 33% year-over-year.
The post Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts appeared first on Cryptonews
Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts
1.4.2024
Bitfarms reported a slight dip in its Bitcoin (BTC) production for March 2024, as it produced 286 BTC, reflecting a decrease of 5% from February and 33% year-over-year.
The post Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts appeared first on Cryptonews
Chinese Government Launches New Blockchain Infrastructure Platform Led by Conflux
1.4.2024
The project aims to develop an advanced blockchain primary platform capable of supporting multi-country deployment and facilitating collaborative supervision across multiple subjects.
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$336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield
1.4.2024
According to PeckShield's data, approximately $100 million in stolen digital assets from hacking incidents in March have been successfully recovered.
The post $336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield appeared first on Cryptonews
Shiba Inu Price Prediction as Meme Coins Pump Higher – Can SHIB Reach $10?
1.4.2024
Shiba Inu (SHIB), a popular meme coin, has continued its bearish trend and is currently trading around the $0.0000285 level.
The post Shiba Inu Price Prediction as Meme Coins Pump Higher – Can SHIB Reach $10? appeared first on Cryptonews
Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up?
1.4.2024
As Bitcoin teeters at $69,753, the anticipation of the halving event in April 2024 stirs market speculations, potentially catapulting BTC to new heights.
The post Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up? appeared first on Cryptonews
Vitalik Buterin Announces Further Development of Ethereum ‘Purge’
1.4.2024
In simpler terms, "The Purge" is a project to slim down Ethereum and address accumulated technical issues. Buterin's announcement suggests there's more to come beyond the initial steps.
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Thailand’s Largest Crypto Exchange Bitkub Sets Sights on 2025 IPO in Home Country
1.4.2024
The parent company of Bitkub, Thailand's largest cryptocurrency exchange, has revealed plans to conduct an initial public offering (IPO) in 2025.
The post Thailand’s Largest Crypto Exchange Bitkub Sets Sights on 2025 IPO in Home Country appeared first on Cryptonews
FTX Liquidators Target Repayment to Creditors by End of 2024
1.4.2024
The FTX bankruptcy estate has outlined its target to initiate repayments to customers by the end of 2024, as disclosed during a meeting of FTX Digital's Joint Official Liquidators in the Bahamas.
The post FTX Liquidators Target Repayment to Creditors by End of 2024 appeared first on Cryptonews
Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours
1.4.2024
Degen Chain commenced operations just four days ago, has seen over 272,000 unique transactions, and has witnessed the creation of over 7,500 contracts and 2,300 tokens since its launch.
The post Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours...
Binance Exec Staged Elaborate Escape, May Have Evaded Flights: Nigerian Official
1.4.2024
Binance executive Nadeem Anjarwalla absconded from Nigerian custody in February after his arrest. At the time, he was detained along with American colleague Tigran Gambaryan on accusations of misconduct related to the exchange.
The post Binance Exec Staged Elaborate Escape, May Have Evaded Flights:...
Decentralized Protocol OpenLeverage Suffers Multiple Hacks, Losing $230K: Report
1.4.2024
Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets.
The post Decentralized Protocol OpenLeverage Suffers Multiple Hacks, Losing $230K: Report appeared first on Cryptonews
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
1.4.2024
Polygon Labs CEO Marc Boiron has lashed out at layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.
The post Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading...