How do the Fed’s interest rates impact the crypto market?
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Federal Reserve’s interest rates impact the crypto market.
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Nifty News: Yuga cuts staff, NFT trading volume on Mythos Chain surges and more…
Cutbacks at Yuga LabsBored Ape Yacht Club creator Yuga Labs has announced a restructuring that has seen several roles “eliminated across the company.” The exact number of layoffs hasn't been specified, however, in an Oct. 6 blog post shared via X ( formerly Twitter), Yuga Labs CEO Daniel Alegre suggested the firm had taken on

Ethereum on track to settle $1.6 trillion this quarter
Ethereum's quarterly settlement value is on course to increase by 1,280% year-over-year. Ethereum usage is surging this year, with the value of transactions settled on the network skyrocketing during 2021.According to research from Messari, Ethereum has settled $926 trillion worth of transactions this quarter so far — 700% more than it processed during Q1 2020. The…

Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX
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Alchemix patches ‘Reverse Rug’ exploit, address $6.5 million shortfall
In an unusual twist for the latest DeFi exploit, the users were the ones to walk away in profit. 518 Total views 6 Total shares It’s as miraculous as Aladdin taking off on a magic carpet: in a possible first, some of the users of a decentralized finance protocol were the ones to benefit today…

Law Decoded: A different Congress hearing, Dec. 6–13
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn. 145 Total views 30 Total shares The biggest regulatory story of the week was a United States House Committee on Financial Services hearing squarely focused on crypto. Even the event’s title — “Digital Assets and the Future of Finance:…

Binance Officially Launches Bitcoin Options Trading on Mobile App
Top cryptocurrency exchange Binance has officially launched Bitcoin (BTC) options on its futures trading platform.Confirming hints earlier this month, the rollout was announced this morning, April 13. It is, for now, limited to the exchange’s mobile app.Binance offering U.S.-style Bitcoin options contractsOptions contracts offer traders the chance to purchase either a right to buy (a…

Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of

Woman Arrested for Stealing $480,000 From Crypto Exchange She Co-Founded
A woman was arrested in Bengaluru, India on March 17 for allegedly stealing 63.5 Bitcoins (BTC) from Bitcipher Labs — a cryptocurrency exchange that she had previously co-founded. The thefts took place on January 11 and March 11 respectively, resulting in $480,000 worth of BTC being stolen from Bitcipher. Bitcipher co-founder steals $480,000 in BTCAyushi Jain, the…