Cryptocurrency funds have witnessed a staggering $103 million in inflows during the penultimate week of the year. This influx of capital indicates that institutional investors are continuing to show interest in digital assets, as they eagerly await the approval of a spot Bitcoin (BTC) ETF by the Securities and Exchange Commission (SEC). The recent data
Blockchain
Thunder Terminal, a decentralized platform, recently found itself grappling with an external exploit that resulted in unauthorized access to 114 out of over 14,000 wallets on its network. The severity of the incident raised concerns among users, but Thunder Terminal quickly reassured them about the security of their funds. However, the hacker responsible for the
Cryptocurrency exchange-traded products (ETPs) have rapidly gained popularity in the global market, signaling a significant milestone. Currently, there are approximately 150 ETPs with a total value of $50.3 billion in assets under management, as reported by BitMEX research. These ETPs primarily track the performance of leading cryptocurrencies such as Bitcoin and Ethereum. Dominance of Bitcoin
ZA Bank, a leading digital-only bank based in Hong Kong, has been on a mission to support web3 companies and revolutionize the banking landscape in the region. With a strong focus on providing seamless, secure, and inclusive financial products and services, the bank has rapidly established itself as a major player in the industry. In
Digital asset exchange, MEXC, recently faced criticism and confusion from its users regarding a deleted social media account believed to be its CEO. The exchange, in response to these concerns, clarified the situation and addressed the issue in a post on their official social media account. This article will critically analyze the response of MEXC
South Korean coast guards recently made headlines by intercepting a high-profile suspected crypto price fixer in a failed attempt to flee the country for China. The man, known as Park and nicknamed Jon Bur Kim, is a 42-year-old crypto market maker who had been under investigation for price manipulation. Despite being banned from leaving the
In a disconcerting turn of events, SIM swappers have started targeting high-profile cryptocurrency influencers just in time for the holiday season. Their primary aim is to take control of these influencers’ accounts on various platforms. Notable victims of this type of attack include renowned crypto investment firm Manifold Trading and its founding partner, Jae Chung.
According to market projections by Bitfinex analysts, the digital asset market capitalization could reach a staggering $3.2 trillion if bullish factors persist and the current momentum continues towards the end of the year. Despite facing regulatory challenges in various jurisdictions, the industry has shown remarkable growth, thanks to the drive of investors and soaring asset
In the past nine months, scammers have been wreaking havoc in the crypto world with a sophisticated wallet-draining service known as “MS Drainer.” According to a recent report by blockchain security firm Scam Sniffer, these malicious actors have successfully siphoned off approximately $59 million worth of cryptocurrencies from unsuspecting victims. This article delves into the
Argentina’s recent move to allow contracts to be agreed upon in cryptocurrencies has garnered attention on the global stage. The announcement by the country’s Minister of Foreign Affairs, Diana Mondino, has raised both curiosity and skepticism regarding the potential impact on the economy. This article delves into the details of Argentina’s crypto-friendly stance and explores
