In pictures: Bybit’s record-breaking $1.4B hack

Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history.Recent findings from a Bank of America–Merrill Lynch survey conducted between Dec. 4 and 10 show that about 15% of fund managers with $534 billion…

United Nations Secretary-General António Guterres estimates trillions of U.S. dollars per annum is needed to achieve the 2030 Sustainable Development Goals. The question is: “Where would it come from?” Official development aid, philanthropy and public finances cannot suffice, which means the needle is moving toward private capital to fund sustainable development projects.Related: The UN’s ‘decade…

Nearly half a billion in Tether inflows was recorded on April 8 across major Bitcoin (BTC) exchanges, based on Glassnode's data.Considering that the inflows, the biggest since mid-March, coincided with a minor Bitcoin pullback, it indicates that buyers could be waiting to step in following BTC's price drop.Stablecoin deposits into exchanges. Source: GlassnodeIs a broader…

Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere's security failures. 307 Total views 2 Total shares Crypto miner Gryphon Digital is seeking dismissal from a lawsuit brought by its former partner Sphere 3D over…

Top Stories This Week Paxos ‘categorically disagrees’ with the SEC that BUSD is a security The United States Securities and Exchange Commission (SEC) has defined the stablecoin Binance USD (BUSD) as a security in a Wells Notice sent to its issuer, Paxos Trust Company. The SEC alleges the organization failed to register BUSD under federal…

Uranium Finance, an automated market maker platform on the Binance Smart Chain, has reported a security incident that resulted in a loss of about $50 million.Tweeting on Wednesday, Uranium revealed that the exploit targeted its v2.1 token migration event and that the team was in contact with the Binance security team to mitigate the situation.(1/2)‼️…

Bitcoin (BTC) dropped around 2 percent Friday, August 3, failing to find support to stay above the $7,500 barrier for the first time this week. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 show a sudden dip downwards from $7,550 Friday, with BTC/USD trading around $7,363 at press time. That figure marks…

More people care more about their data and privacy than companies would like the public to believe. 1002 Total views 20 Total shares While thousands of companies and entities look to grab people's data for various reasons, the commonly stated idea that folks don't care about privacy is untrue, according to the Electric Coin Company,…

Saudi Crown Prince Mohammed bin Salman arrived in the United Arab Emirates (UAE) for an official visit yesterday to discuss joint policy measures, including a digital currency plan. On Nov. 27, private English-language daily UAE newspaper The National reported that Prince Mohammed was welcomed by His Highness Sheikh Mohamed bin Zayed al Nahyan, the Crown Prince…