In this category of NewsCrypto, you will find news covering the whole cryptocurrency market and delivering the most recent developments in the industry. The market news section is constantly updated by a team of writers worldwide, who work tirelessly to bring you the most up-to-date information. Investors, standard readers, and financial lovers worldwide may find the most up-to-date information about the cryptocurrency and blockchain industry in the market news area. The website focuses on providing readers with unbiased information on current crypto market movements.
Wallets affiliated with the North Korea-based Lazarus Group have sent over $30 million via Hyperliquid, according to chain analysis from Arkham. This information was revealed on August 31 by Arkham researcher Emmett Gallic. He identified the transactions carried out within about three weeks. These funds went through HyperUnit, where the
The legal tussle involving Kalshi against state regulators has reached yet another significant stage following the dismissal of the latest legal challenge by the appeals court. The ruling handed down on August 28 was unanimous that Kalshi had failed to prove that Nevada’s rules for sports contracts were likely to
The Cronos network has been halted following a major exploit targeting Tectonic, the DeFi lending protocol that held approximately $121.6 million in total value locked, roughly 46% of all Cronos DeFi TVL, before the attack hit. The attacker targeted TONIC, Tectonic’s illiquid governance token, and drove its price up approximately
GoMining, a platform for tokenized Bitcoin mining, has launched Instant Funds, a new feature that lets eligible holders use digital miners as collateral to access stablecoin liquidity such as USDT or USDC without selling their miners. The feature is now available to eligible users in supported markets after previously being
Nimiq, an open-source blockchain project focused on digital payments, has opened the second cycle of its Mini Apps Competition. The four-week competition began on Aug. 24, giving developers, AI builders and indie hackers the opportunity to create open-source applications for Nimiq Pay. It offers $17,000 in prizes as part of
Bithumb wins another case as it seeks payments from wrongly credited Bitcoin users. In an effort to collect money for wrongly credited Bitcoin from users in February 2018, the Seoul Central District Court ordered one of the defendants to pay back 194 million Korean won, roughly $140,513, according to Digital
The chief research officer of Grayscale Research, Zach Pandl, connected the recent bond repurchases by the US Treasury to increased pressure exerted by the level of government debt. The US Treasury will conduct more open market purchases of long-term notes and bonds prior to their retirement. According to Pandl, the
Web3 security firm CertiK has identified an out-of-bounds (OOB) write vulnerability in the BitBox02 hardware wallet. BitBox disclosed and fixed the issue in its July Oeschinen security update, crediting CertiK researcher Guanxing Wen for reporting the vulnerability. The issue highlights that hardware wallet security extends beyond keeping private keys isolated
BlackRock has lowered the minimum amount required for Bitcoin-to-IBIT conversion to $1 million. This is a 96% decrease from the previous threshold of $25 million. The move may open up opportunities for qualified individuals and institutions that wish to participate in the program, but it will not affect regular IBIT
Bitcoin Beach, the El Zonte village that inspired El Salvador’s Bitcoin venture, appears to be seeing fewer everyday Bitcoin transactions. According to WuBlockchain, Bitcoin Core contributor Jon Atack said a local restaurant told him his Bitcoin payment marked its first such transaction in a month. Staff reportedly said customers now
