In a shocking turn of events, hackers managed to gain control of the Delhi Capitals’ official X (formerly Twitter) account, exploiting the popular cricket franchise’s massive following to promote a scam cryptocurrency. The hackers used the team’s social media presence to push a fraudulent Solana-based token, misleading fans and followers into potentially falling for a…
Indonesian cryptocurrency exchange Indodax has recently fallen victim to a major security breach, resulting in the loss of approximately $22 million worth of cryptocurrencies. The exchange, one of the largest and most prominent in the country, has since taken the drastic step of disabling both its mobile and web applications while it investigates the breach….
The cryptocurrency market has once again surpassed the $2 trillion mark, a significant milestone that underscores the resilience and growing adoption of digital assets despite ongoing volatility and regulatory scrutiny. As of now, Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization, continue to dominate the market, collectively holding over 60% of…
State Street Global Advisors, one of the world’s leading asset management firms, has launched three new actively managed Exchange-Traded Funds (ETFs) aimed at capitalizing on the growing opportunities in digital assets and disruptive technologies. In a strategic partnership with Galaxy Asset Management, which serves as the subadvisor for these funds, State Street aims to provide…
Tokocrypto, a leading cryptocurrency exchange in Indonesia and a subsidiary of Binance, has achieved a significant milestone by receiving full licensing approval under the Physical Futures Asset Exchange (PFAK) framework. This approval solidifies Tokocrypto’s status as a fully regulated digital asset exchange and marks an important step for the development of Indonesia’s growing crypto industry….
Starting in September, institutional investors offloaded a staggering $726 million worth of crypto assets into the open market, according to CoinShares’ latest Digital Asset Fund Flows report. This figure represents the second-largest weekly outflow of digital assets in 2023, with the only higher amount recorded in March when a massive $942 million in crypto was…
Bitcoin-linked stocks are gaining momentum as the price of the world’s largest cryptocurrency rebounds after experiencing a significant dip last Friday. Bitcoin, which traded at approximately $52,600 on Friday, has since recovered, climbing back above the $56,000 mark. Although it remains below its levels from earlier last week, the recent price rally has sparked renewed…
Liminal, a prominent digital wallet infrastructure provider, has been cleared of any security vulnerabilities following an external audit conducted by the leading audit firm, Grant Thornton. The audit was carried out in response to concerns raised after a major breach at WazirX, a cryptocurrency exchange, on July 18. Despite industry speculation and heightened scrutiny, the…
The cryptocurrency market has seen its fair share of explosive gains, and the latest to make headlines is Neiro Ethereum (NEIRO). With a staggering 1,062% price increase in a short period, investors are starting to wonder: Is NEIRO the next big thing, potentially offering 100X returns? This article explores the factors behind NEIRO’s rapid rise…
The cryptocurrency market is buzzing with interest in the presale launch of Rexas Finance (RXS), a new DeFi project that promises innovative features for decentralized finance. As excitement builds around this new entrant, two established cryptocurrencies, Solana (SOL) and Cardano (ADA), have struggled to maintain their footing, losing key support levels amid broader market volatility….
The cryptocurrency market, particularly Bitcoin (BTC), has faced notable pressure following the release of the latest nonfarm payrolls report. The unexpected data has sent tremors through the crypto market, causing Bitcoin’s price to retreat after weeks of relative stability. The report, which reflects the state of U.S. employment, has had a ripple effect on multiple…
The WazirX cryptocurrency exchange, one of India’s most prominent platforms, recently suffered a major security breach, resulting in the theft of $6.3 million worth of Ether (ETH). The hack has raised serious concerns over the security of cryptocurrency transactions on centralized exchanges, with users now questioning the safety of their assets. The WazirX Hack: What…
