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Crypto Market Net Inflows Skyrocket as Investors Pile in Funds Through Stablecoins
The bearish straits surrounding the crypto market seem to be coming to an end, according to a report by Glassnode. Now, funds are flowing into the crypto space through fiat-backed stablecoins. 90-Day Net Change Turns Positive Stablecoins have long served... -
Taiwan’s Bitgin Crypto Exchange Faces Money Laundering Charges
Bitgin, a Taiwan-based cryptocurrency exchange, is currently under investigation by the country's police authority for an alleged involvement in a money laundering fraud scheme. Taiwan Task Force Repartriates Guo Zhemin From Thailand Bitgin is facing increased scrutiny following the apprehension... -
Nvidia Unveils H200 Chip as AI Euphoria Continues
Nvidia (NYSE: NVDA) stock which is already the best-performing S&P 500 stock in 2023 closed in the green yesterday even as the broader markets were in the red after the company unveiled its most powerful H200 chip. The stock is... -
Former SEC Official Foresees SEC Victory in Terraform Labs Lawsuit and Continued Disagreement by Judge Rakoff on Ripple and XRP Ruling
The former head of internet enforcement at the U.S. Securities and Exchange Commission (SEC) believes that the SEC is likely to achieve a significant victory in the lawsuit against Terraform Labs. This expert also anticipates that District Judge Jed Rakoff... -
Record-Breaking Day for Bitcoin Miners as Daily Earnings Hit $44 Million
Bitcoin miners have achieved an unprecedented annual all-time high (ATH) of an astonishing $44 million, signaling a positive trajectory for the broader crypto industry. This recent resurgence follows a sharp decline attributed to unclear regulations and a bear market. 6.25... -
Here’s How Wall Street Reacted to Disney’s Earnings
Disney (NYSE: DIS) reported its fiscal Q4 2023 earnings earlier this week and the stock soared almost 7% to mark its biggest gain of the year as markets have a thumbs up to the report. Here are the key takeaways... -
Poloniex Exchange Hit by $100M Hack, Proposes 5% Bounty for Collaborative Efforts
Popular cryptocurrency exchange Poloniex, has suffered a huge loss of over $100 million in a recent blockchain breach. Security and data analysts are tracing the movement of hacked funds as more information is unveiled. Poloniex Exploits Caused By Private Key... -
Australia’s Largest Crypto Exchange CoinSpot Loses $2M Plus to Hackers
Cyber attackers are still knocking on the door of crypto exchanges. The latest victim is Australia’s largest centralized exchange, CoinSpot, which has reportedly lost $2.4 million. Funds Moved From CoinSpot’s Hot Wallet Breaking the news to his Telegram subscribers, renowned... -
Wintermute Raises Concerns Over Near’s Decision to Exit $11.2M Stablecoin Redemption Agreement
Wintermute CEO Evgeny Gaevoy has claimed that the NEAR Foundation and Aurora Labs defaulted on an initial agreement to convert $11.2 million worth of USN stablecoins. The stall of a potential resolution may lead to legal action. Deep Insights Into... -
Loss of Private Key Leaves LHV Bank Founder Without Access to $473M in Ethereum Stash
Rain Lõhmus, the founder of LHV Bank in Estonia, has been linked to the ownership of 250,000 Ether units stored in an inactive cryptocurrency wallet. However, access to the stored ETH may be unlikely due to the loss of private...