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10 months, 2 weeks agoTellor (TRB) Price Surges 150% and Plummets in 13 Hours, Causing $68 Million in Liquidations
A relatively unknown altcoin called Tellor (TRB) experienced a significant surge in price, reaching an all-time high of $619 before quickly dropping back down to $136 within a span of 13 hours on December 31st.…
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10 months, 2 weeks agoCrypto Hack on Orbit Chain's Cross-Chain Bridge Leads to Nearly $100 Million in Stolen Funds
The recent attack on Orbit Chain’s cross-chain bridge has resulted in nearly $100 million worth of cryptocurrency being stolen in December, making it the fifth-highest month for hacks in 2023. The exploit t…
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10 months, 2 weeks agoSEC Sets Deadline for Crypto Firms' ETF Applications
The Securities and Exchange Commission (SEC) is taking action on the numerous applications for Bitcoin exchange-traded funds (ETFs) that have been submitted. Crypto firms have been given a deadline to make any…
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10 months, 2 weeks agoDencun EIPs Revolutionize Ethereum with Groundbreaking Improvements
A new mechanism for handling temporary or transient storage during smart contract execution is being proposed as part of Dencun. This proposal, known as EIP-1153, aims to introduce an opcode that would allow smart…
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10 months, 2 weeks agoXRP Lawyer Highlights Key Difference Between Terra Ruling and Ongoing Ripple Case
The XRP community is closely watching the ongoing legal case between Ripple and the SEC, especially after a recent ruling that declared Terra Luna as a security. XRP lawyer John Deaton has provided some insights…
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10 months, 2 weeks agoFTX Files $157.3 Million Lawsuit Against Former Salameda Employees for Fraudulent Withdrawals
In a high-stakes legal battle, bankrupt cryptocurrency exchange FTX has filed a lawsuit against four former employees of its Hong Kong-based affiliate, Salameda. The lawsuit alleges that these individuals exploited…
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10 months, 2 weeks agoCrypto Industry Prepares for Potential Bull Run in 2024
In 2023, the cryptocurrency industry experienced a mix of challenges and opportunities. Regulatory crackdowns and financial collapses shook the market, while new trends emerged.Several major banks, including…
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10 months, 2 weeks agoAI Chatbot Explains How Bitcoin Could Reach $100,000 in 2024
Artificial intelligence (AI) could potentially play a role in Bitcoin’s price reaching $100,000 in 2024, according to GPT-4, the latest version of AI chatbot ChatGPT. While this remains highly speculative, the AI c…
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10 months, 2 weeks agoRegulator Criticized for Ineffectiveness in Crypto Regulation
Dogecoin co-founder Billy Markus has criticized SEC Chairman Gary Gensler for his perceived ineffectiveness in regulating the cryptocurrency industry. Markus accuses Gensler of being “useless in every aspect” and…
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10 months, 3 weeks agoHackers Steal $82 Million from Orbit Chain's Bridging Service
Hackers have reportedly exploited Orbit Bridge, the bridging service of the cross-chain protocol Orbit Chain, for a total of $82 million, just three hours before the new year. The exploit was brought to attention…
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10 months, 3 weeks agoSilence Surrounding SBF Trial Raises Questions for Elizabeth Warren and Key Figures
There are questions surrounding the trial of Sam Bankman-Fried (SBF) and the silence from certain key figures, particularly Senator Elizabeth Warren. John E. Deaton, attorney for XRP holders, has raised…
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10 months, 3 weeks agoIndian Crypto Investors Seek Alternative Exchanges Amid Government's Ban Notice
BYDFi, formerly known as BitYard, is a leading global social trading platform that aims to revolutionize the cryptocurrency trading experience. With a strong user base of over 500,000 individuals spanning across…
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10 months, 3 weeks agoRippleX Launches #builtonXRPL Meme Contest, Achieves Record High Daily Transactions in 2023
2023 has been a significant year for Ripple and its XRP Ledger, marked by community engagement initiatives and technological advancements. RippleX, the developer platform for the XRP Ledger, launched the…
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10 months, 3 weeks agoGoldman Sachs Executive Foresees Institutional Adoption of Spot Crypto ETFs
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets…
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10 months, 3 weeks agoGoldman Sachs Executive Foresees Institutional Adoption of Spot Crypto ETFs
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets…
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10 months, 3 weeks agoMajor Asset Managers Update Filings for Bitcoin ETFs, Indicating Potential Regulatory Approval Soon
Major asset management firms, including BlackRock and VanEck, have revised their filings with the U.S. Securities and Exchange Commission (SEC) for spot bitcoin exchange-traded funds (ETFs). This move indicates a…
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10 months, 3 weeks agoUBS Acquires Credit Suisse: A Year of Turbulence in Swiss Banking
The entire team at finews.ch, finews.com, finewsticino.ch, and finews.asia would like to express their gratitude to all readers for their immense interest and trust in this memorable year, and wish you an exciting…
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10 months, 3 weeks agoRising Threat of Phishing Scams in Crypto: Chainlink Investor Loses $4.66 Million in Sophisticated Attack
A Chainlink investor recently fell victim to a sophisticated phishing attack, resulting in a loss of approximately $4.66 million. The investor had accumulated 290,750 LINK tokens valued at $2.26 million through…
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10 months, 3 weeks agoChainlink Holder Loses $4.66 Million in Devastating Phishing Attack
A Chainlink (LINK) holder has fallen victim to a devastating phishing attack, resulting in the loss of $4.66 million worth of the cryptocurrency. The incident was brought to light by Lookonchain, a data analytics…
