After the unfortunate hack incident, Mango Markets is now set to offer a large bug bounty to the hacker who stole millions of dollars from the protocol. On Tuesday, Solana DeFi protocol Mango Markets ...
Tag: news
BTC, ETH Lower on Saturday, as Bears Reenter the Market – Market Updates Bitcoin News
Bearish sentiment returned to cryptocurrency markets on Saturday, as bitcoin was once again in the red. The world’s largest token moved lower to start the weekend, following yesterday’s surge towards ...
3 Top Silver Stocks for Rising Inflation
Inflation has skyrocketed to a 40-year high this year due to the immense fiscal stimulus packages offered by most countries in response to the pandemic and the ongoing war in Ukraine. Even worse, whil...
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin – Bitcoin News
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Ca...
War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports – Bitcoin News
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to severa...
Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year – Featured Bitcoin News
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion...
Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price – Featured Bitcoin News
An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and ...
Why Did Crypto Surge After Bad Inflation News?
Starting at around 9:30 a.m. ET, stocks and crypto bounced sharply. Bitcoin rocketed up 7.8% from a low of $18,372 to end Thursday at just over $19,800. At almost the exact same time, the Dow Jones In...
Rupert Murdoch Mulls Reuniting Fox And News Corp, Including WSJ
Topline Billionaire media mogul Rupert Murdoch is considering reuniting News Corporation and Fox Corporation into a single company, which would put the Wall Street Journal newspaper and other print pr...
Argentina Introduces New Exchange Rates to the Mix — ‘Qatar’ and ‘Coldplay’ Dollars Go Against IMF’s Warnings – Economics Bitcoin News
The government of Argentina, which is currently applying dollar exchange controls, has added two new dollar exchange rates into its arsenal: the “Qatar” and “Coldplay” dollars. However, Kristalina Geo...
Rupert Murdoch explores reuniting Fox and News Corp
President Donald Trump (L) is embraced by Rupert Murdoch, Executive Chairman of News Corp, during a dinner to commemorate the 75th anniversary of the Battle of the Coral Sea during WWII onboard the In...
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether – Bitcoin News
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit agai...
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver – Bitcoin News
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In ...
‘Halloween Ends’ Begins With Strong $5.4 Million Thursday
Halloween Ends Ryan Green/Universal Pictures Zero more days till Halloween Ends, Halloween Ends, Halloween Ends. Zero more days till Halloween Ends… Silver Shamrock! Universal and Blumhouse’s Ha...
2 New Oncology Focused Small-Cap Biotechs to Keep an Eye On
The biotech sector has held up better than one would expect during the carnage and volatility in the markets over the past couple of months. The lows this sector made in mid-June have formed a firm fl...
XRP, ATOM Rebound From Recent Declines – Market Updates Bitcoin News
Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today’s session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurr...
Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs – News Bitcoin News
The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the ...
Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit – Markets and Prices Bitcoin News
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset x...
Bitcoin Needs to Continue Standing above $19,200 to Dilute Downward Pressure, Analyst Says
Bitcoin (BTC) has gained momentum to surge past $19K after dropping to lows of $18.3K after the U.S. inflation data was released on October 13. Market analyst Ali Martinez believes the leading cryptoc...
ETH, BTC Surge, as US Inflation Uncertainty Fades – Bitcoin News
Ethereum was trading higher on Friday, as market volatility eased, following the latest U.S. inflation report. Core inflation rose 0.6%, with consumer prices up to 8.2%, higher than the expected 8.1%....
Is Bitcoin Eyeing a Strong Movement amid Hodled Coins Hitting a 5-Year High?
A tightened macroeconomic environment has been the biggest stumbling block to Bitcoin’s bullish momentum as the leading cryptocurrency continues ranging between the $18K and $22K zone. Neverthel...
Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022 – Defi Bitcoin News
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, wh...
Binance Launches $500M Fund for Distressed Bitcoin Miners
Private and publicly-listed bitcoin miners can now apply for loans with Binance, as the cryptocurrency exchange launched a $500 million fund on October 14 for miners unable to cope with the ongoing do...
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says – Finance Bitcoin News
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants...
One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ
New York-based digital investment group NYDIG laid off nearly a third of its workforce, about 110 people in total, according to the Wall Street Journal, citing sources with the matter on Thursday. The...
Nigeria Can Become World Leader in the Digital Economy Says Vice President Yemi Osinbajo – Africa Bitcoin News
According to Nigerian Vice President Yemi Osinbajo, his country is well-positioned to become a global leader in the digital economy. However, for that to happen, Nigeria must choose the right approach...
BTC Mining Hardware Startup Fabric Systems Raises $13M
Fabric Systems, a bitcoin mining hardware startup, has raised $13 million in a seed round fund. Participants in the funding round were bitcoin miner TeraWulf, Skype co-founder Jaan Tallinn’s fun...
Bitcoin Miner Pow.re Begins Mining Facility Construction in Paraguay, Acquires 3,600 Microbt ASICs – Mining Bitcoin News
According to the crypto mining operation Pow.re Holdings Limited, the firm announced that it has begun construction of two new mining facilities in Asunción, Paraguay. The new data centers will manage...