Category: News
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LiFi Protocol Loses $8M in Exploit, Users Warned to Revoke Approvals
LiFi Protocol Suffers $8 Million Exploit, Urges Users to Avoid Applications In Brief: LiFi Hit by Major Exploit, Users Warned to Avoid Applications On Tuesday, LiFi bridging protocol experienced an exploit exceeding $8 million, with the attacker specifically targeting accounts. The platform immediately urged users to refrain from interacting with any LiFi-powered applications to mitigate…
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Kraken Assists in Mt. Gox’s Massive Bitcoin Transfers
Significant Bitcoin Movement Repayment Efforts and Kraken’s Role Current Holdings and Market Reaction Analysts’ Outlook
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Mt.Gox move $2.84B worth of Bitcoin internally.
Mt.Gox has moved 44,527 Bitcoin, worth around $2.84B at the time of writing to an internal wallet according to Arkham. This could signal the start of a repayment phase for Mt.Gox. Its worth remembering that Mt.Gox hold nearly $8.8B worth of Bitcoin that will need to be repaid back to the users this year starting…
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Trump chooses pro-crypto JD Vance as running mate
Former U.S. President and presidential candidate Donald Trump has announced Senator JD Vance as his running mate. Vance has advocated for clear cryptocurrency regulations and criticized the U.S. Securities and Exchange Commission’s (SEC) enforcement-based regulatory approach. His crypto stance aligns with Trump’s, who has positioned himself as the “crypto president,” expressing support for Bitcoin and…
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Northern Data AG Boosts Capital by 20% with $233M from Tether
Northern Data AG Boosts Capital by 20% with $233M from Tether On Monday, Northern Data AG announced a plan to increase its share capital by 20%. The company aims to raise €214 million ($233 million) by issuing new shares to enhance its cloud platform and expand data centers in Europe and the United States. Northern…
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Monero tops Shopinbit transactions
According to Shopinbit, a European online retailer that accepts cryptocurrency for transactions, Monero ($XMR) was the favored payment method in June. Shopinbit reported that XMR accounted for over 74% of all payments during that period. Shopinbit stated that if $XMR continues to lead in payments for the next two months, it will change its bio…
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Top Gains with Pepe Coin
The crypto market has been dropping over the past few months, but new indicators are showing that things are about to bounce back for Pepe coin. If you have any interest in Pepe coin or hold any Pepe coins, then you need to see this. So, what is the latest news that has recently come…
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Trump’s Election Odds Surge After Assassination Attempt
A shooter targeted former U.S. President and current presidential candidate Donald Trump at a rally in Butler, Pennsylvania. While he spoke, gunfire erupted, prompting Secret Service agents to rush him off the stage. Blood appeared on Trump’s head and ear after the shots were fired, just minutes into his rally on Saturday. Immediate Impact on…
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US Bitcoin ETFs Near $16B Mark
Blackrock and Fidelity Lead Strong Inflows into US Bitcoin ETFs U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 million, respectively. Spot Bitcoin ETF Inflows Surge On Friday, U.S. spot bitcoin ETFs experienced…
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Abra acquires Valyrie crypto trusts
Crypto trading platform Abra disclosed it acquired several private cryptocurrency trusts from Valkyrie Investments in May 2024. According to Bloomberg, Abra Capital Management LP took over Valkyrie’s Tron and Zilliqa trusts, along with other unnamed digital asset trusts. The Zilliqa Trust had sold $21.3 million in assets, while the Tron Trust had sold $50 million.…