Indian cryptocurrency exchange CoinDCX was hacked on Friday, leaving the exchange drained of $44 million. The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach.No user funds were affected due...
US President Donald Trump signed one of the first bills related to crypto and blockchain of his administration into law on Friday after delays due to debates in the House of Representatives and Senate.In a Friday signing ceremony...
After delays in Congress over Republican concerns with central bank digital currencies (CBDCs), the US House of Representatives has passed its first crypto legislation of the week.In a Thursday House session, lawmakers voted 294-134 to pass the Digital...
Key takeaways: Bitcoin market structure and multi-faceted adoption still support a longer-term rally to $150,000. Regulatory tailwinds, along with the Trump administration’s expansionary economic mandate, support a BTC price rally to $150,000 and higher. Bitcoin (BTC) is making a run back...
Key point:Ether (ETH) is witnessing selling above the $3,000 level, but a positive sign is that the bulls have not given up much ground. That suggests the investors are backing it for more upside. Farside Investors’ data shows...
Key takeaways:Bitcoin closed its highest weekly candle at $119,310, then rallied on to $123,100.Short-term holder NAV premium at 16% signals moderate interest, well below FOMO levels.Spot Bitcoin ETFs have entered a strong buy regime following last week’s second-largest...
Strategy co-founder Michael Saylor signaled that Strategy would resume Bitcoin (BTC) buying on Monday after the company took a week-long hiatus from accumulating the digital asset.“Some weeks, you don’t just HODL,” the executive wrote on Sunday. The company...
Web3 company Animoca Brands signed a non-binding memorandum of understanding (MOU) with DayDayCook (DDC) Enterprise, a meal-prep and packaged food company that recently adopted a Bitcoin (BTC) treasury strategy, to manage Animoca’s BTC holdings and generate a yield...
Tether is discontinuing redemptions for USDt (USDT) on five legacy blockchains starting Sept. 1, the company announced on Friday. The move affects users of Omni Layer, Bitcoin Cash SLP, Kusama, EOS (now Vaulta), and Algorand.“Sunsetting support for these...
Key point:An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153.Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before...
