Institutional players shape the future of DeFi

XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.

Turkish police have arrested 24 people allegedly involved in a 13 million Turkish lira ($2.47 million) hack from an unnamed crypto firm in Istanbul, local government-backed media Daily Sabah reported on Feb. 12.Following a report of an alleged hack from a crypto-related company in Istanbul, the city police’s Cybercrime Department found that that stolen money…

Blockchain-based decentralized application platform (DApps) Tron (TRX) has announced the release of a sidechain scaling solution, the Sun Network, in a blog post published on Aug. 11.Tron has released the V1.0 code for the Sun Network, which is a scaling solution designed to enhance and ensure a supposedly unlimited scaling capacity of the Tron mainnet.…

The $81 million Robinhood made in crypto revenue was more than double made from equities in Q2.

Memes, internet jokes, and popular culture references have become an integral part of online communities. Because of this, cryptocurrencies inevitably gave birth to a new wave of assets called "memecoins." While some argue that these coins are just a fad, others might also believe in their potential to bring financial gain to their investors. One of…

Over the past ten days, Bitcoin (BTC) price tested the $44,500 resistance on multiple occasions, and this marked a 16% drawdown from the previous week's $53,000 local top. Not even the $3.4 billion long futures contracts liquidations that occurred on Sept. 7 while BTC dropped by 18.7% was enough to eliminate bulls' optimism, according to…

A cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times.Hackers downloaded the software, infected it with malware, and subsequently reposted it on the RubyGems platform, industry news outlet Decrypt reported on Aug. 21. The malicious code was first noticed by a GitHub user, who posted about…

Switzerland continues to drive Bitcoin adoption despite well-developed traditional financial infrastructure. Switzerland has long been a haven for the wealthy due to its well-established banking secrecy laws, but its citizens have warmed quickly to the self-sovereign ideals behind Bitcoin (BTC).Giw Zanganeh, head of Lugano’s Plan ₿ initiative, highlighted the growing use of Bitcoin for everyday…