Orbit Bridge Hacked and Drained off $82 Million
While the Orbit Chain team is yet to provide details of the incident, they have warned that any X accounts claiming to reimburse affected parties are scams.Barely 24 hours into…
The Reason Bitcoin’s Price Skyrocketed Above $45000
Bitcoin prices have surged on the first day of 2024, hitting their highest levels for almost two years.Bitcoin has gained 7.2% over the past 24 hours to reach an intraday…
Crypto Hedge Funds Experience Recovery, Optimistic for 2024 Growth.
Following a challenging period in 2022, crypto hedge funds experienced a notable resurgence this year due to the surge in Bitcoin prices.Cryptocurrency hedge funds have generated an average return of…
Crypto Venture Capitalist Funding Sees 68% Decline in 2023, Compared to $33.3 billion in 2022
Early-stage startup deals are rising, while funding for mid/later phases is declining reflecting a shift towards nurturing crypto ventures.In 2023, there was a notable transformation in cryptocurrency investments as crypto…
4 Bitcoin Mining Stocks That Outperformed Apple and Amazon in 2023
Bitcoin mining stocks were among 2023’s top performers on Wall Street. Four mining companies beat Apple and Amazon shares to deliver gains that put them among the top ten stocks…
SEC Reportedly to Meet Spot Bitcoin ETF Applicants Next Week.
Several applicants have recently amended their SEC filings. On January 10, the SEC must decide whether to accept or reject the Ark 21Shares ETF. It was reported by Reuters based…
Pink Drainer Hackers Drain $4.4 Million in LINK
In the year 2023, Pink Drainer managed to illicitly obtain a staggering sum of $18.7 million from a total of 9,068 unsuspecting users.The infamous crypto-hacking group Pink Drainer has been…
How Spot Bitcoin ETFs Could Cannibalize 150 Crypto Funds Across The Globe
Recent research from BitMEX has delved into crypto exchange-traded products revealing that there are many more than just those vying for a spot Bitcoin ETF.On Dec. 25, BitMEX Research published…
Bitcoin Achieves Record-Breaking Cumulative Transaction Fees, Surpassing $100 Million: Report
Bitcoin blockchain remains undisputed in its transaction fee supremacy. As altcoins surge in various directions, it’s noteworthy that the market has not undergone a 25% drawdown in the past 12…
Coinbase Custody Shuffles Leadership Ahead of Spot Bitcoin ETF Decision.
Aaron Schnarch, CEO of Coinbase Custody, has stepped down from his position. Rick Schonberg, a senior fintech executive at Coinbase will fill Schnarch’s position.Coinbase has reportedly replaced the head of…