South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis
The Korea Premium Index drives price surges in South Korea’s crypto market, where institutional trading plays a pivotal role.
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Curve pool imbalance triggers USDT depeg concerns: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.On June 15, an imbalance in Curve Finance’s 3pool led to a Tether (USDT) depeg scare as the stablecoin’s weightage in the pool rose above 70%, leading to…
Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K
The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was overshadowed more global concerns related to the global financial system, rising inflation and supply chain challenges. Despite these struggles, many altcoins managed to rally and at the time of writing, the crypto gaming and…
Crypto Exchange Service Helps Bithumb Recover 1 Million XRP After Massive June Hack
Hong Kong-based crypto exchange service Changelly has announced that it helped South Korean exchange platform Bithumb recover 1,063,500 Ripple (XRP) in stolen assets following a massive hack in June, a press-release stated, Oct. 26. In June 2018, hackers attacked South Korea’s leading crypto exchange Bithumb. As soon as security specialists had detected the theft, the…
Bitcoin Going to $100K After ‘Steady Accumulation,’ Says Crypto Trader
Former Goldman Sachs analyst turned Bitcoin (BTC) maximalist Murad Mahmudov believes the top cryptocurrency will hit $100,000.“Zoom out & think big”In a tweet posted on Aug. 13, Mahmudov — who serves as chief information officer (CIO) at cryptocurrency hedge fund Adaptive Capital — wrote:“At first glance this looks like a weak chop for the next…
October sees a comparative lull in crypto crime with losses of $32.2M: CertiK
There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community. 463 Total views 4 Total shares Web3 theft hit a low point for the year so far in October, CertiK reported. Losses to hacks, exploits and scams confirmed by the blockchain security firm
DeFi: Who, what and how to regulate in a borderless, code-governed world?
Hold onto your hats, boys and girls! It’s a new world — a financial system without intermediaries, that anyone can access 24 hours a day with only a mobile phone and a wallet! As Julien Bouteloup said to me: “In DeFi, what we are building is fully decentralised technology, fully transparent, run by mathematics. No one…
Generative AI will disrupt blockchain too: Here’s how
Artificial intelligence (AI) isn’t just generating lots of content these days, but equally, lots of excitement too. The rise of ChatGPT has led to the rapid adoption of generative AI technology in numerous industries, helping to answer people’s queries, create fresh content, book appointments, draw pictures, assist coders and much more. The excitement around AI…
Malta Chamber of Commerce business unit responds to allegations of lax crypto oversight
“Portraying this sector as one which is not subject to adequate supervision is not a reflection of reality and does not do justice to the work and efforts of the MFSA and VFA Agents,” said the VFA Agents Business Unit. 729 Total views 7 Total shares A business unit within Malta’s Chamber of Commerce has…