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Search Results for: Cryptocurrency

FixedFloat suffers $26M hack in Bitcoin, Ether

FixedFloat, a decentralized crypto exchange, has confirmed a hack that resulted in the theft of at least $26 million worth of Bitcoin and Ether. Since February 17, a number of users have complained on the exchange’s X page about stalled transactions and funds being lost.  Shortly after it was originally

February 18, 2024 2 mins read

Crypto-related VC funding rises by 2.5% in Q4 2023

Crypto-related VC funding increased to $1.9 billion in the fourth quarter of 2023, a 2.5% rise from the previous quarter. This is the first time  since March 2022 crypto-related VC funding has increased. This increased interest in crypto funding is due to the launch of the first spot Bitcoin ETFs

February 18, 2024 2 mins read

Coinbase Contributes $3.6M to Boost Bitcoin Developer Funding via Brink

Coinbase is contributing $3.6 million to Bitcoin supporting non-profit Brink as it closes GiveCrypto, an organization that distributed cryptocurrency to those in need. The campaign was announced to be ending in December by the exchange, who said it had failed to have a lasting effect. Coinbase did not disclose how

February 18, 2024 2 mins read

Three Solana Insiders Just Spent A Total of $450,000 on This New Token, Here’s Why

Solana, one of the fastest-growing layer 1 blockchain networks, has seen immense adoption from developers and investors alike. However, high network congestion and soaring gas fees continue to plague the network. In response, three Solana insiders have turned to an emerging project – Retik Finance (RETIK) – investing a combined

February 18, 2024 4 mins read

Trader who flipped $50k into $1M with Shiba Inu (SHIB) makes his next big move

A crypto trader has made waves in the market, turning an initial $50,000 investment into over $1 million in profits with the explosive growth of the meme coin Shiba Inu (SHIB). Now, he is setting his sights on another potential moonshot with the new project Retik Finance (RETIK). The anonymous

February 18, 2024 3 mins read

Robert Kiyosaki Backs Bitcoin, Warns of U.S Fed’s Impact on Economy

The renowned financial educator and prominent author of “Rich Dad Poor Dad” Robert Kiyosaki has spoken out against the Federal Reserve of the U.S and yet again advocated for other potential investments including Bitcoin, gold, and silver. Because of his belief that the practices of the United States central bank

February 18, 2024 1 min read

US Prosecutors Push for Binance’s $4.3B Plea Approval. The End Is Near?

Binance Holdings Ltd., a major cryptocurrency exchange, faces significant legal repercussions in the United States. US prosecutors are strongly advocating for a federal judge in Seattle to approve a plea deal with Binance, which has admitted to serious violations including anti-money laundering and sanctions breaches. The plea deal involves Binance

February 17, 2024 1 min read

Curve Finance Founder’s 2.5M Tokens Deposit on Binance Triggers CRV Bears

In a development that caught the cryptocurrency community’s attention, Michael Egorov, the founder of Curve Finance, executed a significant transaction by depositing 2.5 million CRV tokens to Binance, one of the leading cryptocurrency exchanges globally. This move has sparked interest among enthusiasts, coinciding with a drop in the CRV token’s

February 17, 2024 1 min read

Honduras Prohibits Banks from Crypto Dealings Citing Lack of Regulation

A resolution prohibiting financial institutions in Honduras from dealing with cryptocurrency was issued by the National Banking and Securities Commission of Honduras (CNBS). Due to the lack of regulation, the Honduran central bank said that it is unable to guarantee cryptocurrency transactions. Users of blockchain-based financial services and cryptocurrencies may

February 17, 2024 2 mins read
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