Cryptocurrency Analysis and News Portal
On Nov. 22, the cryptocurrency exchange linked to Justin Sun HTX (formerly Huobi) commented on a recent attack on the platform resulting in the multi-million dollar loss. Earlier this week, reports surfaced that HTX and the HECO network were hacked by unknown persons who withdrew assets worth a combined $110
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The move comes the same week that six other companies filed to launch ether futures ETFs. Source
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The SEC recently tagged many of the tokens as ‘unregistered securities,’ and the allegations have landed a huge blow on the tokens. Solana (SOL), Polygon (MATIC), Cardano (ADA), and some other tokens have collectively lost about 15%, or $5 billion, of their market capitalization within the month. This is according to
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The Information Commissioner’s Office (ICO) has fined two energy companies a total of £250,000 for bombarding people and businesses on the UK’s ‘do not call’ register with unlawful marketing calls. Maxen Power Supply Ltd, an energy supplier from Ilford,
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A California judge has combined three investor lawsuits against defunct crypto bank Silvergate Bank involving the bankrupt crypto exchange FTX.On April 19, United States District Judge Jacqueline Scott Corley of the Northern District of California ruled that the three lawsuits would be consolidated. Each accuses Silvergate of helping to facilitate
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Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for
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Ethereum Layer-2 (L2) on-chain activity has been increasing to the extent that the leading two networks now process more transaction volume than the Ethereum network.Layer-2 networks Arbitrum and Optimism have seen an increase in transactions over the past three months. Comparatively, aside from a few spikes, transactions on the Ethereum
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The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify the
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As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin (BTC) buys. According to Bitcointreasuries.net, the 130,000 and 43,00 Bitcoin held by Microstrategy and Tesla,
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The world's first exchange-traded product (ETP) that combined exposure to bitcoin and gold has been listed on the Swiss SIX stock exchange. Source
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