A data leak has hit cryptocurrency exchange Binance, with sensitive information including code and internal passwords exposed on GitHub for months. The leaked material, discovered by cybersecurity researchers at 404 Media, reportedly contained various confidential details, raising concerns about potential security vulnerabilities. ‘Termf’ and the Initial Discovery The leaked data, uploaded by “Termf,” included code, […]
The year 2024 started strong for Bitcoin, with its on-chain transaction volume reaching its highest point since September 2022. Data reveals that a staggering $1.21 trillion worth of Bitcoin moved on-chain in January, marking a significant jump from September 2023’s $370 billion. This surge comes after four consecutive months of rising transaction volume, suggesting a […]
The company filed for bankruptcy in November 2023, citing losses and industry-wide turmoil. The sale of cryptocurrency holdings is likely intended to help repay creditors and navigate bankruptcy proceedings. If the motion gains approval, the market could experience significant selling pressure on Bitcoin. A similar scenario unfolded in January when bankrupt exchange FTX sold over $1 […]
Following Jupiter’s airdrop, concerns emerged about the JUP token launch. Critics allege the team used the open market for capital raising without fully informing participants. They used JUP as a base for DeFi 2.0, focusing on expansive growth, ecosystem initiatives, governance, and decision-making. This method, involving “moon protection” to limit initial price, sparked questions about […]
Bitcoin’s Stellar Performance Justifies High Allocation A recent report by ARK Invest argues that institutional portfolios aiming for maximized risk-adjusted returns should have allocated nearly 20% to Bitcoin in 2023. This reflects Bitcoin’s historical outperformance compared to traditional assets. Over the past seven years, Bitcoin delivered an average annualized return of 44%, dwarfing the 5.7% […]
Core Scientific, a major Bitcoin mining company, has come roaring back after filing for Chapter 11 bankruptcy in December 2022. Not only did they emerge from bankruptcy in January 2024, but they also revealed impressive mining results for 2023. The company mined a staggering 19,274 Bitcoin, worth approximately $812 million at current prices. This achievement […]
Bitcoin is experiencing a surge in trading activity, with its 30-day average volume reaching its highest point since 2021. This boom is attributed to two key factors: a growing presence of institutional investors and the recent launch of US spot Bitcoin ETFs. The exchange flows for Bitcoin have reached around $5.15 billion in mid-2021. Glassnode’s […]
Andrew Tate, known for his controversial online persona and past criticism of cryptocurrency, surprised many with a recent Twitter proposal. He suggested launching his own coin, backed by $100 million of his personal funds, and offered early access and discounts to his online community. Due to the mixed responses, he deleted the tweet. Tate’s past […]
NFT marketplace Magic Eden has launched a multi-chain self-custodial wallet compatible with Solana, Bitcoin, Polygon, and Ethereum. This opens up a new chapter for both Magic Eden and NFT enthusiasts, promising smoother cross-chain experiences and convenient asset management. The platform previously launched the beta version of this wallet in November 2023, offering early access to […]
In a major blow to the cryptocurrency world, the US Department of Justice (DOJ) has charged three individuals an Australian and two Americans in a $1.9 billion cryptocurrency scam centered around a DeFi platform, HyperFund, The accused include Sam Lee, the Australian co-founder of HyperFund, and Rodney Burton and Brenda Chunga, who are alleged to […]