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Security firm PeckShield says the exploiter has transferred the stolen funds to the MEXC crypto exchange. Multichain stableswap protocol Beluga has become the latest victim in a number of cyber attacks against decentralized finance (defi) projects. According to PeckShield, the protocol has been exploited on Arbitrum, losing a total of 113 ETH
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In August, the D.C. Circuit Court of Appeals ruled that the SEC’s denial of Grayscale Investment’s application to convert the Grayscale Bitcoin Trust (GBTC) into an ETF was invalid and must be reviewed, calling it an "arbitrary and capricious" rejection. The court said that federal agencies are required to “treat
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Cardano is down 45.6% from its yearly high of $0.4518 and is showing no signs of slowing down at the moment. Data
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The judge had previously ruled in July that while Ripple violated federal securities laws in selling XRP to institutional investors directly, it had not done so by making XRP available to retail customers through programmatic sales to exchanges. That decision cast doubt on how strongly securities regulators would be able
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The book says Jump was “near the top” of the list of FTX’s 50 “biggest accounts whose owners had been unable to remove their money from the crypto exchange,” Lewis wrote. Jump Trading lost $206 million while its affiliated trading firm, Tai Mo Shan Ltd., lost more than $75 million,
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Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CryptoX, further delaying what Chia had hoped would be a rapid path to listing as a public company. Source
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Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers. Source
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The U.S. Federal Reserve made a significant announcement on Sept. 14, revealing accumulated losses of $100 billion in 2023. What’s more, this situation is expected to worsen for the Fed, according to Reuters. But for risk assets like Bitcoin (BTC), this may actually be a blessing in disguise. The Fed in the
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PEPE, the meme coin that has garnered a cult following in the cryptocurrency world, made headlines once again as an anonymous whale,
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On-chain data shows that 44.2% of all Ethereum investors are now carrying their coins at a loss, a sign that the bottom
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