Category: Cryptocurrency
Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion. 2550 Total views 44 Total shares Crypto exchange FTX, led by crypto billionaire Sam Bankman-Fried (SBF), is reportedly considering bailing out Celsius Network by […]
An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds. 2973 Total views 364 Total shares An Ethereum arbitrage trading bot managed to hit the jackpot and lose it all on the same day in an ironic turn […]
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars. 780 Total views 26 Total shares Thailand’s largest crypto exchange Bitkub has come under regulatory scrutiny from the country’s Securities and Exchange Commission (SEC) over falsifying and […]
The next Bitcoin (BTC) bull run will have to be much different from historical cryptocurrency rallies in terms of story and utility, Galaxy Digital CEO Mike Novogratz believes. Compared to previous bull runs, the next Bitcoin rally will have to be more focused on utility and less on the story, Novogratz predicted at a panel […]
The theory is “not convincing enough to accuse the Wintermute project,” wrote BlockSec, as it highlighted that Wintermute’s actions during the hack made sense given the circumstances. 874 Total views 27 Total shares Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the […]
Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore. 763 Total views 23 Total shares Pantera CEO Dan Morehead highlighted the potential growth and value of decentralized finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and metaverse applications in his opening keynote speech at […]
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation. 936 Total views 20 Total shares United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of decentralized finance (DeFi) and its impact on the traditional finance ecosystem, calling for appropriate regulation. During an event […]
U.S. think tank Bitcoin Policy Institute is calling for the United States to reject Central Bank Digital Currencies (CBDCs) and look to Bitcoin (BTC) and stablecoins as alternatives. In a whitepaper shared on Sept. 27, authors including Texas Bitcoin Foundation executive director Natalie Smolenski PhD, and former Kraken growth lead Dan Held argue CBDCs would […]
To attract more users and make blockchain gaming more mainstream, Kevin Shao says future titles should find a “balance” between and accommodate different users’ tastes. 360 Total views 35 Total shares Kevin Shao, Executive President of the Asia Blockchain Gaming Alliance (ABGA) says he’s holding out hope for three “triple-A” blockchain gaming titles that could help […]
BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives. 3686 Total views 19 Total shares Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100. […]
