Crypto phishing scams drained $46M in September
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.
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Compound’s New Token Tops DeFi Rankings on First Day
A single day of trade has seen Compound’s COMP emerge as the largest DeFi token by market capitalization. 624 Total views 21 Total shares After a single day of trading, Compound’s COMP token has emerged as the largest decentralized finance (DeFi) token by market capitalization.COMP overtook MakerDAO’s MKR token by market cap as it rallied…
Synthetic dreams: Wrapped crypto assets gain traction amid surging market
Amid all the excitement of crypto’s biggest bull run in history, some assets have been outperforming even the current high-performing market. In particular, Synthetix (SNX) has been on an epic tear, leading the growth of the whole niche. The news of a Coinbase listing in December helped account for some of this. However, at the time…
European Financial Institutions to Launch Blockchain Investment Platform
Major European financial institutions are jointly launching a blockchain-based platform for the investment fund industry.The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which, alongside Clearstream, Credit Suisse Asset Management and Natixis Investment Managers, have announced a Series A investment round for “FundsDLT.”FundsDLT for cost reductionAccording to a March 17…
Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar's performance and signs of easing monetary policy, according to ETC Group.
Bitcoin Price Stable, Altcoins Send Mixed Signals After Fresh Gains
Friday, Aug. 30 — after seeing some growth on the day, crypto markets are trading sideways, with top-20 coins by market cap sending mixed signals.Market visualization. Source: Coin360Bitcoin (BTC), which managed to climb over $9,600 earlier today, is now trading at $9,531, up around 0.1% on the day at press time. Bitcoin dropped below the…
FTX exchange breaks $32B valuation despite crypto winter fears
FTX raised $400 million funding shortly after its U.S.-based sister firm raised the same amount last week. 633 Total views 20 Total shares Despite growing fears over a potential cryptocurrency market downturn, major industry firms like FTX keep gaining momentum by securing hundreds of millions in fresh funding.FTX Trading, the owner and operator of Sam…
Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race
Tharman Shanmugaratnam has served as Singapore's finance minister and the head of the country's financial regulator during his time in government. 546 Total views 7 Total shares Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore, has won the election for the city-state’s presidency with more than 70% of the vote.According to multiple reports
App-Controlled Bank Current Raises $20M From Galaxy Digital and Others
Current, an online bank that allows app-controlled prepaid debit cards and personal checking accounts supervised by parents, has secured $20 million from a group of investors, including Galaxy Digital EOS VC Fund.Reaching $45M in fundraisingCurrent announced the news in an Oct. 24 blog post, detailing that it had raised $20 million in a Series B…