Hacker Exploits DeFi Protocol DEUS Finance for Over $6 Million.
More than $1.3 million was stolen in a bot-initiated attack on the BSC.The stablecoin DEI has fallen from its $0.30 peg and is now trading at $0.20.Over $6 million worth…
Bulls or Bears; What’s the Fate of Crypto Market This Week?
Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last 24 hours.Market capitalization fell from $1.24 trillion to $1.2 trillion, taking a 2.13% dip.The week starts with…
Ethereum (ETH) in Deep Deflation, Signs Aiming to Boom?
In April, daily ETH issuance has been deflationary every day.Ethereum is trading near the $2K price range.The second-largest cryptocurrency, Ethereum (ETH), regained popularity. One potential driver for ETH’s rebound is…
Binance Plans to Enable Bitcoin Lightning Network Withdrawals.
On Monday, Finance reopened the withdrawal of bitcoin.Binance intends to enable withdrawals using the BTC Lightning Network.Cryptocurrency exchange Binance restarted bitcoin withdrawals on Monday after stopping them for the second…
Tether Frozen a Crypto Account with Massive USDT Holdings
Tether has frozen the crypto wallet containing 1,012,606 USDT tokens.This is the fifth account to be blocked since the start of the year.Tether, the world’s largest stablecoin provider, has once…
Florida Governor Signs Legislation For CBDC
Floridian government banned crypto in their nation.Governor says the crypto disturbs economic security and freedom.Ron DeSantis, the 46th governor of Florida, as said before, pledges to ban the Central Bank…
Why Balaji Srinivasan Is Optimistic Despite Losing His $1M Bitcoin Bet?.
The former CTO of Coinbase has settled his Bitcoin bet.BTC is trading at $28,531.03.Balaji Srinivasan, the former CTO of Coinbase, revealed that he settled a notable Bitcoin bet made in…
Cathie Wood Led Ark Invest Buys More Coinbase Stock Amid Expansion
The exchange is now focusing on international expansion due to SEC scrutiny.As of this writing, the price of COIN stock has risen 2.35 percent.Investment management company ARK Invest, managed by…
Memecoins: Are They Really Creating Millionaires?
Some people have become millionaires by investing in meme coins, but it’s a highly risky and volatile market.Memecoins like Dogecoin have gained popularity due to their cultural significance, but there’s…
U.S Banking Crisis Continues as PacWest Bancorp Stock Falls by 27%
JP Morgan will acquire the majority of First Republic’s assets and all deposits.On April 25, PacWest Bancorp revealed its Q1 2023 financial results.In the year 2023, banking has become very…