The hackers behind the Rs 2,000 crore (approximately $234 million) heist of digital assets from the WazirX cryptocurrency exchange have begun withdrawing the stolen funds, with more than $12 million already laundered through the controversial platform Tornado Cash. Blockchain security firm Cyvers reported that the hackers have been using Ethereum (ETH) to move the stolen…
On September 6, XRP faced a sharp decline of 4.40%, reflecting a broader cryptocurrency market sell-off following the release of the US Jobs Report. The drop comes at a time of increased uncertainty surrounding Ripple, driven by both regulatory concerns and community reactions to political endorsements. Broader Crypto Market Sell-Off After US Jobs Report The…
The stock market’s benchmark index, the S&P 500, has experienced a sharp downturn in September, with its total market capitalization dropping by around $1.7 trillion. This significant decline comes amid expectations of interest rate cuts from the Federal Reserve later this month, raising concerns among investors about the near-term outlook for the economy. A Tough…
In a surprising move that has caught the attention of the cryptocurrency world, Vitalik Buterin, co-founder of Ethereum, announced his decision to donate all of his crypto proceeds and halt further investments in new tokens. Known for his innovative contributions to blockchain technology, Buterin’s decision marks a shift in his focus from accumulation to philanthropy,…
In the ever-volatile world of financial markets, whether traditional or crypto-based, investor sentiment often dictates price movements. Currently, Binance Coin (BNB) is in the spotlight, attracting the attention of traders despite a challenging market environment. Over the past week, BNB has experienced a 7% drop in value, raising concerns among some, but others are taking…
In a recent podcast, Phil Rosen, co-founder of Opening Bell Daily, and Anthony Pompliano, CEO of Professional Capital Management, took a closer look at the downturn in both the stock market and Bitcoin. Their discussion not only covered the immediate factors causing the dip but also explored the broader economic policies at play under leaders…
Gemz, a rapidly growing Telegram-based game where players manage a whimsical crypto mining firm run by sloths, has announced a major partnership with CEX.IO Power Tap, one of the largest tap-based games in the cryptocurrency space. With CEX.IO Power Tap boasting a user base of over 27 million players, this collaboration marks a significant step…
In a significant regulatory action, the US Federal Reserve and the Texas Department of Banking have issued a Cease and Desist Order against United Texas Bank for what they describe as “severe violations” of anti-money laundering (AML) regulations. The order is focused on the bank’s dealings with cryptocurrency firms, signaling growing scrutiny over financial institutions’…
Binance Futures has announced the launch of a new DOGSUSD COIN-M Perpetual Contract, set to go live on September 10, 2024, at 10:00 UTC. This contract represents an exciting opportunity for traders to leverage the growing popularity of the DOGS token, offering a unique way to speculate on its price movements. The launch marks another…
Mastercard has taken a major step in integrating cryptocurrencies into everyday financial transactions with the launch of its euro-denominated crypto debit card. This groundbreaking card enables users to spend their cryptocurrency holdings seamlessly at over 100 million Mastercard merchants across the globe. It’s a significant move that highlights Mastercard’s forward-thinking approach to digital assets, as…
Switzerland’s largest cantonal bank, Zürcher Kantonalbank (ZKB), is making a significant leap into the world of digital assets by partnering with Crypto Finance to offer crypto asset services. This partnership marks a pivotal moment for the Swiss banking industry, as a major financial institution embraces the future of cryptocurrencies and blockchain technology, further positioning Switzerland…
Former U.S. President Donald Trump’s potential return to the White House could lead to significant conflicts of interest, especially considering his recent involvement in the cryptocurrency space. Despite his past vocal opposition to digital assets, Trump has launched a new crypto-related business venture, raising concerns that this move could create conflicts if he is re-elected…
