BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.
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Digital banking: How DeFi can lower costs for everyone
Decentralized finance (DeFi) is often characterized as a movement that could unseat traditional banks once and for all — eliminating intermediaries and giving consumers levels of freedom and choice that they’re probably unaccustomed to.But there’s an alternative narrative, one that doesn’t pit DeFi against the banks. What if these innovative protocols could help provide desperately…

Invesco Galaxy applies for spot Ether ETF
Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29. 172 Total views 2 Total shares Asset managers keep pursuing digital asset products, with Invesco and Galaxy Digital allegedly filing for a spot Ether (ETH) exchange-traded fund (ETF) on Sept. 29. Bloomberg ETF analyst James Seyffart

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%
In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC. 536 Total views 45 Total shares Bitcoin (BTC) retreated and reversed its intraday gains after the Federal Reserve announced its third consecutive 75 basis point (bps)…

Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratz’s ideal portfolio
During a recent interview with Bloomberg Wealth, Novogratz touched on topics ranging from investing to Ripple's case and Larry Fink. 495 Total views 3 Total shares Galaxy Digital's founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that…

DeFi users turn to USDC stablecoin to earn high-yield interest — Data shows
Data from on-chain analytics firm, Flipside Crypto, reveals that members of the decentralized finance (DeFi) ecosystem are turning to USD Coin USDC in order to interact with DeFi protocols either by earning high-yield income on lending protocols like Compound and Aave. Users are also providing liquidity to liquidity pools like Uniswap and Curve, the latter…

Industry exec explains why NFT fraud protection falls on brand and not marketplaces
Nonfungible token (NFT) marketplaces should commit to combat fraudulent NFTs, but brands are far more responsible for protecting NFT investors, according to one industry executive.Brands that issue NFTs should be taking the first step to protecting themselves and potential investors from fraud, BrandShield CEO Yoav Keren said in an interview with Cointelegraph on Oct. 12.According…

2 Classic Bitcoin Metrics Flash Bullish Despite $9K BTC Price at Risk
The Puell Multiple and Mayer Multiple have reached the ideal zones for long-term investment gains from Bitcoin. 931 Total views 27 Total shares Bitcoin (BTC) is again fueling suggestions that it is preparing for price growth as two more indicators flash bullish.According to fresh data this week, both the Puell Multiple and Mayer Multiple now…

DC Comics Artist Launches VR Exhibition in Decentraland
Decentraland users can see the works of Marvel and DC comic artist José Delbo at the in-game MakersPlace gallery. 1201 Total views 20 Total shares José Delbo, a comic book artist who has drawn for both DC and Marvel, kicks off a week-long exhibition today (July 23) in the Ethereum-based virtual reality world, Decentraland.The artist,…