Mac users warned over malware ‘Cthulhu’ that steals crypto wallets
The malware targets popular crypto wallets frm the likes of MetaMask, Coinbase, and Binance, on macOS operating systems.
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Record gold outflow ‘isn’t going into ripples’ — only Bitcoin, says fund manager
The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative. At the same time, the gold market has seen large outflows in recent weeks. On Nov. 24, independent financial researcher Jan Nieuwenhuijs reported that gold saw its…
Crypto lender Babel gets extended creditor protection in Singapore
Hong Kong-based Babel Finance will have more than a year to repay debts to its creditors after suspending withdrawals in June 2022. 547 Total views 2 Total shares Own this piece of history Collect this article as an NFTTroubled cryptocurrency lending firm Babel Finance has more time to repay debts to creditors like Deribit after…
Bitcoin price reclaims $15.5K after whales sell the most BTC since March
The price of Bitcoin (BTC) has reclaimed $15,500 on Nov. 11 after whales sold the highest amount of BTC since March. In past cycles, the dominant cryptocurrency typically rallied after a sell-off from whales.On March 12, for instance, the All Exchanges Inflow Mean (MA7) indicator hit 3. At the time, BTC declined to as low…
Australian digital finance industry wants to legally recognize DAOs
A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools. 14 Total views 1 Total shares Specialists and lawyers focused on decentralized finance (DeFi) are launching an initiative to create a new type of legal entity in Australia representing decentralized autonomous organizations (DAOs).The country's…
Solana prevents potential outage, patches critical vulnerability
Solana validator Laine said that an attacker could have attempted to reverse engineer the vulnerability, which could have halted the network.
FTX to deploy $1B through Future Fund for safer AI, reduced biorisk
New FTX fund targets projects that are “massively scalable” and could spend millions of dollars productively. 216 Total views 22 Total shares Global crypto exchange platform FTX launched a fund called the FTX Future Fund with an aim to support long-term improvements for humankind. The project will deploy up to a billion dollars to support…
5 altcoins that could turn bullish if Bitcoin price stabilizes
The major United States stock market indices continued their decline last week as worsening macroeconomic conditions increased concerns of a global recession. The Dow Jones Industrial Average closed at its lowest level in 2022 and major indices recorded their fifth weekly close in the past six weeks.Although Bitcoin (BTC) has only declined marginally this week,…
Bitcoin Ban Means Massive Brain Drain for India, Crypto Industry Warns
India is seeing the first signs of an anticipated brain drain, as the government mulls stark legislation that would criminalize domestic cryptocurrency investments.A Sept. 16 Economic Times report has taken the measure of industry sentiment on the ground, as a proposed blanket ban — currently still in the form of draft legislation — awaits its formal…