Bitcoin teases breakout as 'FOMO liquidity grab' keeps $69K in place

by Zhiyuan Sun 10 min December 15, 2022 Some security experts think negotiating is a smart way to get back most of the stolen funds, while others argue you should never to give in to extortion. “A highly profitable trading strategy” was how hacker Avraham Eisenberg described his involvement in the Mango Markets exploit that…

Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. 1421 Total views 21 Total shares Major South Korean conglomerate Hanwha Group is cementing its involvement in the cryptocurrency industry with a new investment.Hanwha Investment & Securities, a securities brokerage subsidiary of Hanwha Group, has participated in…

Local experts note that if Nigeria adopts a foreign blockchain it would be difficult for the country to stamp its influence on key blockchain decisions. 

Aave’s TVL has soared past $20 billion, with one-third of capital coming from its deployment on layer-two, Polygon. 1916 Total views 6 Total shares Aave has surged to the top of the DeFi ranking by total value locked (TVL) amid its recent embrace of layer-two for scaling.According to Aave’s website, the v2 and Polygon deployments…

At a time of unprecedented upheaval in the global tourism industry, blockchain-based travel booking service Travala and Swipe aim to boost crypto’s useability.Announced on July 24, Travala’s native token AVA will now be added to the Swipe wallet service and Visa card platform — reportedly making it spendable at 60 million merchants.AVA will also be…

To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a "liveness check." 155 Total views 25 Total shares Digital asset company Securitize Capital is set to tokenize $491 billion asset management firm KKR’s Health Care Strategic Growth Fund II (HCSG II) on…

The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance to one-of-a-kind digital art. One sector of the market that has been gaining traction…

Just one week after releasing its plan for the coronavirus spread worldwide, Coinbase is recommending its employees prepare for the next phase, and they’re not the only ones.Coinbase CEO  Brian Armstrong sent out a Tweet to his 300K+ followers on Mar. 2 indicating the crypto firm would be directing certain employees to work from home.…

Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees, according to a blog post published on Dec. 12.SendFriend uses Ripple’s xRapid product for cross-border payments, converting between the United States dollar, XRP and Philippine pesos and circumventing the longer process of traditional banking systems.Philippines-focused remittance platformSendFriend’s money transfer…