Base blockchain exploit leads to $1M theft — Cyvers Alerts
An exploit on the Base blockchain revealed major vulnerabilities, leading to $1M in stolen funds and raising security alarms in DeFi.
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UAE central bank approves licensing system for stablecoins
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens.
To Justin Sun’s Chagrin, Huobi Listing Spikes Hive’s Price by 600%
The price of Hive (HIVE), a hard-fork of Steem (STEEM), has skyrocketed following its listing on Huobi.The listing comes one month after Huobi and Binance mobilized customer funds to vote against the Steem community in favor of an apparent hostile takeover of the network, led by Tron founder and recent owner of Steemit, Justin Sun.However,…
Bitcoin Price Spikes on Fed Rate Cut But Hits $8.9K Sell-Wall
The price of Bitcoin (BTC) made a severe drop in the past week, similar to the heavy dropdown of the equity markets. However, equity markets have been showing strength this week with a strong relief bounce and today’s announcement from the United States Fed of a 50 bps rate cut.Not only are equity markets showing…
Bitcoin Price Must Hit $7.3K to Avoid Bearish Bollinger Band ‘Squeeze’
Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets.Cryptocurrency market daily overview. Source: Coin360Bollinger: Bitcoin preparing for next breakoutData from Coin360 showed BTC/USD hit a sharp downturn on Saturday, losing around $70 in a matter of minutes and abandoning ground gained on Friday. Over the past 24…
Four of the top 70 crypto assets by market cap are Bitcoin
Crypto data sites are double-counting tokenized Bitcoin, with three BTC tokenization protocols representing more than 1.4% of the reported altcoin market cap. 853 Total views 7 Total shares Tokenized Bitcoin is booming, with the increasing demand from DeFi combined with BTC’s recent meteoric price rise has resulted in three Bitcoin tokenization protocols ranking among the…
Zambia tests technology for crypto regulation, says minister Mutati
The Bank of Zambia and the country’s securities regulator are collaborating on digital infrastructure and a policy framework for crypto. 2210 Total views 10 Total shares Own this piece of history Collect this article as an NFTThe Bank of Zambia and the country’s securities regulator are “testing technology” to enable the regulation of cryptocurrencies, Technology…
Bank of America: Blockchain Market Could Hit $7 Bln, Will Give Boost to Amazon, Microsoft
The Bank of America (BoA) has estimated that blockchain could be a $7 billion market and provide a major boost to corporate giants such as Microsoft and Amazon, CNBC reports Oct. 2.While BoA’s analysts refrained from putting “a time stamp” on the industry becoming a major, multi-billion dollar addressable market, they reportedly based their estimates…
Crypto adoption in sights: Regulators and industry join to fight ransomware
With an increasing number of people forced to work from their homes, data suggests that ransomware attacks are at their all-time highest with the frequency of these incidents increasing by 45% over the course of April 2021 alone. Not only that, some are adamant that the rise in ransomware attacks is closely connected to the…