ETH

Radiant Capital Loses $4.5 Million Worth of Ethereum to Hackers

January 3, 2024 1 min read

Radiant Capital, a well-known cross-chain lending system, was recently the victim of a major security breach that resulted in the theft of 1,900 Ethereum (ETH) worth $4.5 million. PeckShield, a blockchain security and analytics firm, was the first to report the incident. The attack took advantage of a flaw in the lending platform that emerged following the activation of a new market. It’s worth noting that the platform under consideration

Bitcoin (BTC) Surges Past $45.5K as Investors Await Major U.S. Reports

January 2, 2024 1 min read

As the new year begins, crypto enthusiasts and mainstream investors are closely monitoring key economic reports from the United States. The emphasis is on traditional financial indicators and the burgeoning crypto market, where Bitcoin’s recent surge has sparked considerable interest. Investors are especially interested in upcoming reports that provide insight into the state of the US economy. The Institute for Supply Management’s December ISM Manufacturing PMI report is scheduled for

Thunder Terminal was the victim of a hacking attempt, resulting in the loss of 86 ETH and 439 SOL

December 28, 2023 1 min read

Thunder Terminal, an on-chain trading platform, was recently the victim of a hacking attempt, resulting in the loss of 86 ETH and 439 SOL. Despite the breach, Thunder Terminal responded quickly, assuring users that all funds are secure and taking immediate steps to mitigate the impact. The hackers took advantage of a vulnerability by gaining access via a MongoDB URL, allowing them to execute fraudulent withdrawal requests and steal large

Ethereum Wallet Linked to Trump’s NFTs Reportedly Moves $2.4M Worth Of ETH

December 28, 2023 1 min read

An Ethereum wallet allegedly linked to former President Donald Trump has recently come under scrutiny for transferring millions of dollars in crypto, which is thought to be proceeds from the sale of non-fungible tokens (NFTs). These findings were highlighted in a December 27 report by Arkham Intelligence, which raised concerns about the financial activities associated with Trump-themed NFTs. Over the last three weeks, the Ethereum wallet in question transferred 1,075

Arthur Hayes of BitMEX dumps Solana (SOL) to buy Ethereum (ETH)

December 22, 2023 1 min read

Arthur Hayes, the co-founder of BitMEX, has made a shift in his investment strategy, moving from Solana (SOL) to Ethereum (ETH). The unexpected decision, announced on the X platform, was attributed to a “divine message” Hayes claimed to have received during meditation. Alongside this switch, he made a bold prediction, foreseeing Ethereum’s price potentially hitting $5,000. Despite Solana’s recent achievements, reaching milestones and climbing close to $100, Hayes opted to

KuCoin Settles $22 Million Lawsuit with NYAG, Exits New York Operations

December 13, 2023 2 mins read

KuCoin has reached an agreement with the New York Attorney General (NYAG) to halt all operations in the state. The agreement stems from a lawsuit filed by KuCoin alleging illegal and unregistered sales of securities and commodities. KuCoin is required to pay over $22 million as part of the agreement, with over $16.7 million earmarked for refunds to New York-based users and an additional $5.3 million to the NYAG. The

The crypto market gains over $40 million in a week, with Bitcoin leading

December 12, 2023 1 min read

The past week saw the continuation of positive investment trends in the ever-changing landscape of digital assets, with a total inflow of $43 million. This sustained 11-week trend, while demonstrating resilience, represents a slight decrease from previous weeks. Notably, the market saw a shift toward short positions, indicating investor apprehension in the face of rising prices and potential market uncertainties. Bitcoin continues to be a dominant force, attracting $20 million

Google announces changes to its crypto advertisements policy

December 11, 2023 1 min read

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users from potential crypto investment risks. These updates are focused on Cryptocurrency Coin Trusts, which are financial instruments that simplify the trading of shares in trusts that hold significant amounts of crypto. The changes are intended to provide users with more reliable information while also protecting them from potential risks associated with crypto investments.

Ethereum (ETH) surpasses $2,400, Surging 1.7% in the last 24 hours

December 10, 2023 1 min read

Recent market trends paint a positive picture for Ethereum (ETH), implying that the popular crypto may be entering a period of growth. The price increase of Ethereum to $2,402 reflects a strong bullish outlook, driven by a number of factors that have piqued the interest of investors. VanEck, an investment firm, published a report outlining 15 projections for the cryptocurrency landscape in 2024. While discussing Ethereum’s potential to surpass Bitcoin,

JPMorgan CEO Calls For Government Shutdown Crypto

December 7, 2023 2 mins read

Jamie Dimon, CEO of JPMorgan Chase, has reiterated his strong opposition to crypto, specifically advocating for a ban on digital assets such as Bitcoin (BTC). His comments came during a Senate Banking Committee hearing, in response to Senator Elizabeth Warren’s questions. Dimon’s remarks echo his long-held disdain for crypto, emphasizing his concerns about their alleged facilitation of criminal activity. Dimon’s criticism focuses on the primary use case of crypto, which

Ethereum (ETH) is trading at $2,270, up 11.73% in the last 7 days

December 5, 2023 1 min read

Bybit crypto exchange recently published a research report that sheds light on institutional investors’ strategic moves and provides valuable insights into their evolving asset allocation preferences. The report focuses on significant shifts in the Bitcoin and Ethereum realms, providing insight into the shifting perspectives of market institutional players. A key finding from the study indicates a significant resurgence of interest in Ethereum among institutional investors. Following a brief drop following

Ethereum Whale sells 3,150 ETH worth over $6.37 million

December 4, 2023 1 min read

An anonymous crypto whale recently sold 3,150 Ethereum (ETH) worth over $6.37 million, sparking debate within the crypto community about the prudent strategy for investors in the aftermath of Ethereum’s recent price surge. The significant transaction occurred as Ethereum hovered below a critical technical resistance level, which has historically been known to trigger sell-offs. The sale was carried out on Sunday by an unidentified Ethereum wallet holder, who sold 3,150