Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.
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Bitcoin bears turn ‘giddy’ at prospect of sub-$60K BTC price
Analysts say Bitcoin price pullbacks “will happen” and suggest that traders avoid impulsive trading.
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President Biden announces nominations for key positions at Federal Reserve
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency. 172 Total views 2 Total shares United States President Joe Biden has announced his nomination of two people for key positions on the Federal Reserve, including a new Fed governor and…
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‘Clear runway’ opens for all Bitcoin ETF approvals in Jan: Analysts
The SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop, say analysts. 327 Total views 1 Total shares Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States now have a “clear runway” to potential simultaneous approvals after an advanced decision to delay the
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Blockchain can help eliminate cybercrime threats
Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.
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Nifty News: Snoop Dogg and Gary V have $95M in NFTs, Dolly Parton’s Dollyverse and more…
According to data from DappRadar, the NFT portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth a combined $95 million. Vaynerchuck’s wallet holds the lion's share of the value with $81.89 million at the time of writing. His holdings include multiple NFTs from top collections such as CryptoPunks (he owns…
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Coinbase CEO responds to insider trading allegations with changes for token listings
“There is always the possibility that someone inside Coinbase could, wittingly or unwittingly, leak information to outsiders engaging in illegal activity,” said Brian Armstrong. 548 Total views 7 Total shares After some crypto sleuths made allegations of insider trading by individuals potentially connected to Coinbase, CEO Brian Armstrong said the crypto exchange would change some…
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Arbitrage bot’s spam attack on the Polygon network generated $6,800 per day
The growth of layer-two protocols has been one of the major stories of 2021 as the rising popularity of decentralized finance (DeFi) and nonfungible tokens (NFT) have driven transaction costs higher on the Ethereum (ETH) network effectively pricing out many participants. Earlier this year the Polygon network, formerly known as MATIC, emerged as one of the…
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Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days
Grayscale's Bitcoin ETF saw substantial investment outflows that surpassed the $66.9 million it had attracted just a few days earlier.