Similarly, in December December 2023, ScamSniffer reported that scammers employed a wallet-draining service called “MS Drainer” to steal around $59 million in different cryptocurrencies using fake ads for popular crypto sites like Zapper, Lido, and Stargate.
After steady economic growth as showcased by economic data, the Federal Reserve now have the basis to cut interest rate
Beacon revealed that the program will last approximately 12 weeks, after which the startups will have the opportunity to apply their training in the real world.
Binance exchange announced the $1 million support to its Vietnam users as the region grapples with economic and social challenges caused by Typhoon Yagi.
Simon’s Cat (CAT), a cat-themed meme cryptocurrency, has surged to a new all-time high, skyrocketing 139.50% in the last 30 days.
The introduction of cbBTC marks a significant step for Bitcoin holders looking to explore DeFi without needing to convert their holdings into other cryptocurrencies.
The rally in the gold price recently could signal potentially favorable macroeconomic conditions for Bitcoin in the near future following the liquidity infusion from central banks.
With this new burn mechanism, Shibarium is expected to burn 70% of all base transaction fees collected on the network.
Starting in the fourth quarter of this year, Starknet will enable users holding more than 20,000 STRK tokens to stake on its network.
Overall, the huge disparity, in terms of profit, between the old investors and new market entrants serves as proof of the benefits of the long-term strategy for participating in the greatly volatile crypto market.
A growing number of altcoins will lead to a spread of funds across projects, making it harder for the market to stay stable.
Despite the landmark ruling affirming that USDT is property, the court could not validate the plaintiff’s claim that Bitkub had actually received the stolen digital assets after they passed through crypto mixers.
Upbit has listed various altcoins this year, attempting to boost the trading volume on its exchange platform.
US Senator Cynthia Lummis has already proposed the US government purchase 1 million Bitcoin units in the next five years and hold them for the next 20 years to counter the country’s debt crisis.
Tokenized Treasuries have experienced rapid growth, increasing from $769 million in January to more than $2.2 billion by September, driven by rising US interest rates, making government-backed investments highly appealing.