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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Huobi Global suffers $8 million hack

HTX (formerly Huobi Global) was hacked for $8 million as a hacker stole 5,000 Ether (ETH). Justin Sun confirmed the hack today, noting the exchange offered the hacker a 5% “white hat bonus” to return the loot. HTX (formerly Huobi Global) is the latest cryptocurrency exchange to fall victim to hackers after attackers stole $8 […]

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  Posted by u/ one year ago

MicroStrategy acquires an additional 5,445 bitcoins

MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin. The company now holds 158,245 bitcoins acquired for a total of $4.68 billion. MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added to its Bitcoin (BTC) haul again. In crypto news shared on Monday […]

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  Posted by u/ one year ago

TYRION Set To Decentralize The $377B Digital Advertising Industry

Toronto, Canada, September 25th, 2023, Chainwire TYRION, an innovative force in the realm of decentralized digital advertising, proudly announces the launch of its revolutionary blockchain advertising technology. This launch marks a radical shift in an aging industry that has seen little innovation in the past decade–and that is currently centralized and dominated by two tech […]

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  Posted by u/ one year ago

BBC highlights Sam Bankman-Fried with ?Downfall of the Crypto King? show

BBC looks at “Sam Bankman-Fried, the mop-haired, nerdy maths genius who set out to transform the world of crypto but ended up being its biggest loser.” Panorama will air on BBC One on September 25 at 20:00 and run for 11 months. Sam Bankman-Fried is the former CEO of FTX, the crypto exchange that collapsed […]

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  Posted by u/ one year ago

Binance reopens exchange services in Belgium

Binance announced on Monday, September 25, that it had reopened customer registrations in Belgium. The exchanges products and services are also accessible in the country to customers who accept new Terms of Use. Binance had halted operations in the country in August, directing customers to a Polish entity. Binance, the world’s largest cryptocurrency exchange by […]

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  Posted by u/ one year ago

How much is Bitcoin worth today?

Bitcoin is worth around $26,000 today, with BTC price declining 4% over the past week following the Federal Reserve?s hawkish message.

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  Posted by u/ one year ago

Arbitrum Treasury Richer by $59M as Users Miss Claims Deadline

Users had nearly six months to claim the tokens after an airdrop in March.

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  Posted by u/ one year ago

Hong Kong to Disclose All Crypto License Applicants After JPEX Probe

Securities and Futures Commission says decision was made in light of public demand

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  Posted by u/ one year ago

Bitcoin and S&P 500 Eye Quarterly Loss as Bonds Look Most Attractive Since 2009

Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.

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  Posted by u/ one year ago

Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors

While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024?s halving event, one data firm said.

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  Posted by u/ one year ago

Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue

TerraUSD Classic, the stablecoin at the center of Terra?s implosion, will no longer be minted.

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  Posted by u/ one year ago

Crypto Traders Brace for Nearly $5B Bitcoin and Ether Options Expiry

Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.

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  Posted by u/ one year ago

Sam Bankman-Fried (Probably) Won?t Get a 115-Year Prison Sentence

If he?s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there?s a good chance the 31-year-old won?t spend the rest of his life in prison.

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  Posted by u/ one year ago

The State of Staking: 5 Takeaways a Year After Ethereum's Merge

Ethereum?s switch to proof-of-stake fixed some problems, like environmental damage linked to PoW mining. But it raised new issues, including worries about centralization, MEV and censorship, say Margaux Nijkerk and Sam Kessler.

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  Posted by u/ one year ago

How to Stake: 7 Strategies When Starting Out

It?s easy to get carried away with staking on PoS networks like Ethereum. But in the long-term, it pays to be cautious. Pick underlying projects with good prospects, don?t over-leverage, and, above all, embrace boredom over quick thrills, says Jeff Wilser.

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  Posted by u/ one year ago

MicroStrategy Bought 5,445 Bitcoin for $150M Since August

The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.

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  Posted by u/ one year ago

First Mover Americas: Aptos Rallies While Major Cryptos Trade Lower

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 25, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Staking Brings Decentralization Back to DeFi

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  Posted by u/ one year ago

Indian Crypto Investment Platform Mudrex Expands to Italy

Mudrex successfully registered with Italy's Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.

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  Posted by u/ one year ago

We Need to Reclaim the Narrative on Staking

Alison Mangiero, executive director the Proof of Stake Alliance (POSA), says confusion around the term ?staking? has led to greater regulatory scrutiny.

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  Posted by u/ one year ago

Digital Euro at Least 2 Years Away, ECB?s Lagarde Says

The central banker said she wanted to address ?conspiracy theories? about government snooping

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  Posted by u/ one year ago

Crypto Exchange HTX Lost $8M of Ether Due to a Hack, Justin Sun Says

HTX, formerly Huobi, has been hacked with the total loss totaling 500 ether (ETH) worth around $8 million, according to HTX advisor and Tron founder Justin Sun.

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  Posted by u/ one year ago

How Much Does the First Mover Advantage Matter for Crypto Staking?

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  Posted by u/ one year ago

Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports

Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.

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  Posted by u/ one year ago

Coinbase Successfully Registers With Spain's Central Bank

The firm has registered as a crypto exchange and custody wallet provider.

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  Posted by u/ one year ago

Optimism Slumps Most Among Crypto Majors Ahead of $30M Token Unlock

Optimism?s native token OP has dropped over 10% in a week, the most among the largest cryptocurrencies, ahead of its unlocking date that will increase the token?s supply.

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  Posted by u/ one year ago

U.S. Shutdown, Assuming It Doesn?t Run Long, Will Slow, Not Cripple Crypto Efforts

The crypto industry?s business in Washington is coming to a head just as a looming congressional budget impasse could shut down an array of federal services next week. But the digital assets sector can expect its most important matters won?t go entirely dark, experts suggest, even if they?re dragged out longer than crypto firms had hoped.

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  Posted by u/ one year ago

BEN Token Plunges 30% as Crypto Influencer Ben Armstrong Apparently Arrested

Armstrong has had an apparent fallout with his former business partners, several tweets suggest.

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  Posted by u/ one year ago

Binance Will Assist HTX In Tracking Funds After The Hack

Binance will assist in tracking HTX hack funds. The HTX hack was promptly resolved with $8 million compensation. Justin Sun offers hacker reward for returning stolen 5,000 ETH.

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  Posted by u/ one year ago

Celsius SEC Lawsuit: Regulatory Objections To Asset Distribution Plan Via Coinbase

Recently, the Celsius SEC Lawsuit has voiced concerns about Coinbase's involvement in the bankruptcy restructuring plan of Celsius Network.

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  Posted by u/ one year ago

Binance Belgium Registration Now Active Again After Suspension

Binance Belgium registration returns after more than 2 months, along with the reinstatement of various Binance products. The exchange complies with regulations by establishing a Polish entity to serve Belgian users.

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  Posted by u/ one year ago

Grayscale New Brand: Celebrating Success And A Bright Future

Grayscale new brand launched after 10 years, marking a remarkable decade of operations with a grand celebration. They manage $21.9 billion, boasting the world's largest Bitcoin investment fund.

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  Posted by u/ one year ago

DWF Labs FRONT Withdrawal: 300,000 FRONT From Binance, Increase Holding To 700,000 Tokens

DWF Labs FRONT withdrawal worth $127,000 from Binance, holding $299,000 in FRONT tokens now. FRONT token surges 4.2% to $0.435. Frontier's DeFi aggregation platform supports multiple blockchain apps.

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  Posted by u/ one year ago

Telegram Super App Is Being Built With The Support Of Tencent

Telegram super app is on track to be built with the help of TON Foundation and Tencent Cloud. Telegram aims to emulate WeChat's diverse functions and decentralized payments.

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  Posted by u/ one year ago

BAYC x BAPE: Unveiling Exclusive Collectibles at ApeFest Hong Kong

BAYC x BAPE - Board Ape Yacht Club (BAYC) has officially declared its collaboration with the renowned and trendsetting brand, BAPE (A Bathing Ape).

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  Posted by u/ one year ago

MAV zkSync Integration Is Now Available On Binance

MAV zkSync integration has been enabled by Binance, allowing users to deposit and withdraw MAV tokens. Due to security measures, MAV token deposits take 24 hours to credit.

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  Posted by u/ one year ago

How Bitcoin Transformed the Poker Experience?

Now let's explore why and how blockchain technology changed the nature of a Bitcoin poker game and what effect it has on players.

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  Posted by u/ one year ago

15,000 ETH Unleashed from Anonymous Wallet to OKEx

Key Points: 15,000 Ether, equivalent to approximately 23,850,630 USD at the time of the transfer, has been moved from an unknown wallet to the cryptocurrency exchange OKEx. Mysterious 15,000 ETH Transfer This sizable transfer has garnered attention within the cryptocurrency community, sparking speculation and interest in the source and purpose of this substantial movement of […]

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  Posted by u/ one year ago

Portofino Founders File Motion to Dismiss Lawsuit by Citadel Securities, Claim it was Meant to 'Intimidate Other Employees'

Portofino Technologies, a Swiss-based start-up founded byÂ\xa0Alex CasimoÂ\xa0andÂ\xa0Leonard Lancia, has filed a motion to dismiss a lawsuit brought against them byÂ\xa0Citadel Securities.

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  Posted by u/ one year ago

Foreign Travelers Can Now Use China's Digital Yuan App

Visitors to China can now buy digital yuan tokens with overseas cards via the central bank's official CBDC mobile app.

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  Posted by u/ one year ago

Mixin Network Faces $200 Million Loss in Attack, XIN Token Plummets 10%

The protocol's native token plunged to way below $200.

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  Posted by u/ one year ago

Calcium Token Pumps 7,400% After Being Dumped By Shiba Inu Devs, Is WSM the Next Underdog Coin to Explode?

The little-known Calcium (CAL) token has exploded 7,400% after being abandoned by the developers of the world?s second-largest meme coin, Shiba Inu (SHIB). Traders dissatisfied with SHIB?s unfulfilled promises have

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  Posted by u/ one year ago

Chainlink Addresses Concerns as Users Spot Subtle Alterations to Multisig

Decentralized oracle networkÂ\xa0Chainlink (LINK)Â\xa0has responded to criticism regarding a recent alteration to the number of signers required on its multisig wallet.

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  Posted by u/ one year ago

Arbitrum Transfers $59 Million Worth of Unclaimed Tokens to Treasury

The Arbitrum Foundation has announced a transfer of 69 million unclaimed ARB tokens to the treasury six months after its airdrop in March.

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  Posted by u/ one year ago

Couple Inadvertently Receives $10.5M from Crypto.com; Plea Hearing Scheduled for October

AÂ\xa0MelbourneÂ\xa0couple is set to face a plea trial in October for a theft charge after inadvertently receiving 10.5 million Australian dollars ($6.7 million) fromÂ\xa0Crypto.comÂ\xa0in 2021.

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  Posted by u/ one year ago

HTX Loses $7.9 Million To Hackers, Justin Sun Responds

The exchange has already covered the losses, which are just a small part of its total assets.

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  Posted by u/ one year ago

These Are the Crypto Companies on SFC?s Blacklist

Hong Kong SFC blacklists unregulated cryptocurrency networks after JPEX exchange incident.

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  Posted by u/ one year ago

Amazon to Invest $4 Billion in OpenAI Rival Anthropic

Amazon will invest $4B in generative AI firm Anthropic. AWS will provide key support for safety research and model development.

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  Posted by u/ one year ago

What Bear Market? Crypto Startups Raised $115M Last Week

Spot crypto markets may still be deep in bear territory but venture capital investment is still flowing in to Web3 startups.

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  Posted by u/ one year ago

Chainlink Addresses Controversial Multisig Wallet Signer Changes

Chainlink under scrutiny for altering multisig wallet, reducing required signatures from 4 out of 9 to 4 out of 8.

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