Author name: Peter

Security Breach at NFT Trader Leads to Theft of High-Value Bored and Mutant Ape NFTs

featured /

NFT Trader Compromised: Loss of $2.85 Million in Valuable NFTs According to reports and confirmation from the peer-to-peer non-fungible token (NFT) market platform, NFT Trader, a security breach has occurred. The breach was a result of an exploit in an outdated smart contract, leading to the theft of esteemed digital collectibles worth nearly $3 million. […]

Security Breach at NFT Trader Leads to Theft of High-Value Bored and Mutant Ape NFTs Read More »

BONK’s Meteoric Rise: Outpaces PEPE with 621% Surge, Secures Third Place in Meme Coin Market

featured /

In recent weeks, the meme-inspired cryptocurrency bonk (BONK) has experienced significant growth against the U.S. dollar and has now surpassed pepe (PEPE) to become the third-largest meme coin in terms of market capitalization. Over the past month, the Solana-based BONK has surged by over 621% in value when measured against the greenback. BONK’s Astonishing Climb:

BONK’s Meteoric Rise: Outpaces PEPE with 621% Surge, Secures Third Place in Meme Coin Market Read More »

FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration

featured /

The stablecoin asset, FDUSD, has experienced significant growth in the past two weeks, leading it to become the fifth largest fiat-pegged cryptocurrency in the market. During this period, the supply of FDUSD has increased by 74%, resulting in a market capitalization of $1.61 billion as of December 17, 2023. FDUSD Supply Swells by 74% in

FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration Read More »

Crypto App Shakepay Discloses Data Breach Affecting a Small Number of Customers

gold ira /

Shakepay Takes Immediate Action to Address Data Breach In a recent announcement, Canadian crypto app Shakepay revealed that it had experienced a data breach that resulted in unauthorized access to the personal information of a specific group of its customers. The breach occurred on December 13, 2023, but fortunately, it did not impact any bank

Crypto App Shakepay Discloses Data Breach Affecting a Small Number of Customers Read More »

SEC Rejects Coinbase’s Petition for Regulatory Clarity in Crypto Industry

news /

Coinbase Takes Legal Action against SEC's Decision The U.S. Securities and Exchange Commission (SEC) has rejected cryptocurrency exchange Coinbase's petition for regulatory clarity in the crypto industry. SEC Chairman Gary Gensler backs his agency's decision to deny Coinbase's petition. In response, Coinbase has pursued legal action against the securities regulator to challenge this decision. Coinbase

SEC Rejects Coinbase’s Petition for Regulatory Clarity in Crypto Industry Read More »

Goldman Sachs Advises Against Expecting Immediate Surge in Bitcoin Price with Spot Bitcoin ETF Approval

crypto ira /

Goldman Sachs on Spot Bitcoin ETF Hype Global investment bank Goldman Sachs has advised investors against anticipating a sudden and immediate surge in the price of bitcoin upon the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Nonetheless, Goldman Sachs highlighted that the "ability to actually transact a

Goldman Sachs Advises Against Expecting Immediate Surge in Bitcoin Price with Spot Bitcoin ETF Approval Read More »

Howard Lutnick, Cantor Fitzgerald CEO, Confirms Business Relationship with Tether

gold ira /

Introduction Howard Lutnick, the CEO of Cantor Fitzgerald, a prominent Wall Street private financial services company, has recently confirmed the company's association with Tether, the largest stablecoin issuer in the cryptocurrency market. In an interview on CNBC's Money Movers, Lutnick expressed his admiration for Tether and revealed that Cantor Fitzgerald holds Tether's treasuries. This confirmation

Howard Lutnick, Cantor Fitzgerald CEO, Confirms Business Relationship with Tether Read More »

Bitcoin Technical Analysis: BTC’s Consolidation Phase Signals Cautious Market Approach

gold ira /

Bitcoin's Price and Market Overview As of December 15, 2023, Bitcoin (BTC) is priced at $42,696, with a 24-hour trading range of $42,067 to $43,329. The market capitalization of Bitcoin stands at $835 billion, supported by a significant 24-hour trading volume of $24.86 billion. Although BTC has experienced a 2.2% decline over the past week,

Bitcoin Technical Analysis: BTC’s Consolidation Phase Signals Cautious Market Approach Read More »

The Current State of Ethereum Price and Market Analysis

gold ira /

Ethereum's Price and Market Capitalization As of December 15, 2023, the price of Ethereum (ETH) is $2,259. It is important to note that Ethereum holds a significant market capitalization of $271 billion, along with a 24-hour trade volume of approximately $17.54 billion. These figures highlight the substantial presence of Ethereum in the cryptocurrency economy compared

The Current State of Ethereum Price and Market Analysis Read More »

The Importance of In-Kind Creation in Bitcoin ETFs: An Expert’s Perspective

featured /

The Call for In-Kind Creation A finance professor from Georgetown University has recently urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation and redemption process for spot bitcoin exchange-traded funds (ETFs). In a letter penned to the SEC, the professor emphasized the importance of adopting the in-kind creation method instead of

The Importance of In-Kind Creation in Bitcoin ETFs: An Expert’s Perspective Read More »