1 - 2024 | MachinaTrader.com

Blockchain Association Responds to Senator Warren’s Crypto Regulation Concerns

The US Blockchain Association has recently addressed a letter from Senator Elizabeth Warren regarding the involvement of former national security officials in the digital asset industry. The Association, a leading nonprofit organization representing over 100 member companies in the United States, underscored the importance of blockchain technology in strengthening anti-money laundering and counter-terrorism efforts.Senator Warren […]

US Blockchain Association Responds to Senator Warren’s Regulatory Concerns

DeFi Security Concerns Rise Amid Layer 2 Adoption and CertiK Breach

Blockchain security firm CertiK’s account on X was compromised due to an employee’s interaction with a scammer. This incident occurred just two days after CertiK published a report warning the DeFi sector about the need to decrease the correlation between the money deposited into it and the total amount lost in hacks and scams. The […]

Ethereum, Solana, Tron Communities Targeted by Wallet Drainer Scams

Wallet drainers are now targeting Ethereum (ETH), Solana (SOL), and Tron (TRX) communities to execute phishing scams. Previously, these scammers focused on conducting crypto scams via EVM chains. However, they have now expanded their reach into well-established crypto groups.According to a post by Scam Sniffer, these phishing scams are initiated by attracting crypto enthusiasts via […]

Altitude Raises $6.1M for Automated DeFi Lending, Aims for Capital Efficiency

Altitude, a DeFi lending service that automates dormant funds in overcollateralized loans to seek additional yield opportunities, has announced the completion of a $6.1 million seed round of financing. The company has developed a novel approach to DeFi lending, aiming to maximize capital efficiency while maintaining a safe liquidation risk profile.Blockchain technology has revolutionized lending […]

XRP Records Highest Trading Volume Amid Market Downturn

XRP, the cryptocurrency asset, has achieved a significant milestone, recording the highest trading volume on HTX Global, a Seychelles-based cryptocurrency exchange. On January 7th, XRP’s trading volume reached $112 million, surpassing other altcoins such as SOL and BTC, which secured $70 million and $65 million respectively, and SEI and AAVE, both of which raked in […]

Spot Bitcoin ETFs Set to Launch Following Swift SEC Feedback

VanEck CEO Jan van Eck has announced that the highly anticipated spot Bitcoin Exchange-Traded Funds (ETFs) are scheduled to begin trading on Thursday, January 11. This news comes after the US Securities and Exchange Commission (SEC) requested additional comments on the S-1 filings from all applicants the previous evening.Despite initial concerns about potential delays, reassurances […]

Chainlink Partners with SingularityDAO to Boost Decentralized Finance

In a significant development in the blockchain industry, Chainlink, a leading decentralized oracle network, is partnering with SingularityDAO, an AI-powered crypto portfolio management protocol. The collaboration aims to support emerging projects in Chainlink’s BUILD incubation program.SingularityDAO is known for its revolutionary approach to crypto investing, using advanced artificial intelligence. It employs sophisticated algorithms to analyze […]

BlackRock, VanEck Adjust Bitcoin ETF Filings Amid SEC Feedback

In a rapidly changing regulatory environment, financial giants BlackRock and VanEck have quickly revised their bitcoin ETF filings. This move comes in response to feedback from the U.S. Securities and Exchange Commission (SEC), highlighting the regulatory body’s agility and proactive engagement. The SEC’s imminent decisions are expected to shape the industry significantly.BlackRock and VanEck are […]

Ethereum-Bitcoin Ratio Hits Historic Low Amid ETF Approval Speculation

The Ethereum-Bitcoin ratio has dropped to a historic low, fueling speculation about the approval of an exchange-traded fund (ETF) in the U.S. Data from the Paris-based crypto intelligence platform Kaiko reveals that the ETH/BTC ratio has been on a steady decline since Ethereum transitioned into a proof-of-stake network in September 2022. In the last 24 […]