Rootoshi
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10 months, 2 weeks agoRadiant Capital Halts DeFi Lending on Arbitrum After $4.5 Million ETH Exploit
Radiant Capital, a decentralized finance (DeFi) lending protocol, has temporarily halted its operations on the Ethereum layer2 network Arbitrum after suffering an exploit that resulted in the loss of 1,900 ETH,…
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10 months, 2 weeks agoBinance's Market Share Plummets Amid Regulatory Woes
Binance, one of the largest cryptocurrency exchanges, experienced a significant decline in market share last year, dropping to 44.5%. This decline followed a three-year period of growth, where Binance’s market s…
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10 months, 3 weeks agoBitcoin Surges to $45K on New Year's Day, Ethereum and Dogecoin Follow Suit as US Office Buildings Face $117B Debt Crisis
Bitcoin, Ethereum, and Dogecoin experienced significant price increases on the first day of 2024. Bitcoin crossed the $45,000 mark, while Ethereum and Dogecoin also saw spikes in their values. This surge in…
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10 months, 3 weeks agoGrayscale's Amended Bitcoin ETF Application Raises Questions with Omitted Authorized Participants
Cryptocurrency asset manager Grayscale has filed an amended Bitcoin exchange-traded fund (ETF) application without listing authorized participant details. This move has raised questions and speculation among…
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10 months, 3 weeks agoBitcoin ETF Approval Speculations Drive Surge in Bitcoin Price
The US Securities and Exchange Commission (SEC) is speculated to approve a spot Bitcoin ETF, causing a surge in the digital asset market. Bitcoin experienced a 6% increase on the second day of 2024, surpassing…
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10 months, 3 weeks agoOrbit Chain Hack Linked to North Korea: Expert Estimates $81M Loss
Orbit Chain, a cryptocurrency platform, has confirmed that it was hacked, resulting in an estimated loss of $81 million. The attack is believed to be linked to North Korea, according to one expert.The hack was…
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10 months, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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…
