The Federal Reserve has published a paper exploring the benefits and use cases of tokenizing real-world assets (RWA) on blockchains. In a paper titled “Tokenization: Overview and Financial Stability Implications,” Fed researchers say RWAs such as stocks, bonds, real estate and commodities are already being tokenized. According to the paper, asset tokenization harnesses the power […]
Biggest Crypto Hack of the Year: Mixin Network Announces $200,000,000 Exploit
Peer-to-peer crypto project Mixin was hacked over the weekend in what is the biggest crypto exploit of 2023 so far. Today, Mixin Network announced on social media platform X that its cloud service provider was attacked by hackers, resulting in a loss of approximately $200 million. “We have contacted Google and blockchain security company Slow […]
Bitcoin Trading Pundit Says Crypto Is Ripe For $440 Billion ‘Bloodbath’ As Rout Resumes
Crypto expert Nicholas Merten has shared insight into the future trajectory of Bitcoin, suggesting that the world’s largest and oldest cryptocurrency might see turbulent times ahead. According to Merten, Bitcoin and other cryptocurrencies are on the verge of a huge bloodbath, as he cautions of a potential $440 billion reduction in overall market capitalization. Crypto […]
$200 Million In Crypto Lost As Mixin Network Comes Under Attack
Decentralized finance peer-to-peer service Mixin network, experienced an attack on Saturday, September 23, 2023, leading to $200 million worth of crypto funds lost as a result of the attack. $200 Million In Crypto Lost In The Attack The decentralized finance (DeFi) network Mixin network revealed that the attack was caused by a compromise in the […]
Chainlink’s September Surge and On-Chain Optimism
In a month marked by crypto market fluctuations, Chainlink (LINK) has emerged as one of the top performers in September. What sets this decentralized oracle network apart from other digital assets is its unique price behavior, particularly when LINK tokens move to exchanges. Over the past two weeks, Chainlink has seen a remarkable 23% increase […]
New Cryptocurrency Releases, Listings, and Presales Today – MEMETOON, Orcfax, Internet Computer Technology
New cryptocurrency projects often have more upside potential for buyers than established, high market cap coins – the ‘big caps.’ As the crypto 2.0 wave gradually […]
Crypto Companies Eye European Expansion While Some Plan to Make an Exit
The cryptocurrency industry is transforming significantly due to heightened government regulations, particularly in the United States. Many US-based crypto companies, especially exchanges, are considering strategies to shift their operations abroad, which includes exploring new markets and contemplating relocating entirely out of the country. In contrast, Europe has become an attractive destination for crypto firms seeking […]
Bitcoin (BTC) Now Checks The Three Criteria for Rally to New All-Time Highs, Says Crypto Analyst
Bitcoin (BTC) is now checking the three main requirements for another explosive rally to new all-time highs, according to a popular crypto analyst. Pseudonymous analyst TechDev tells his 418,000 followers on social media platform X that Bitcoin has now hit the “3-prong signal” that previously foreshadowed the other four BTC rallies to new highs. TechDev […]
SEC raises concerns over Coinbase in objection to Celsius restructuring plan
Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection.
Does Geopolitical Multipolarity Increase the Chances of a 51% Attack on Bitcoin?
The politics of geopolitics is here, most acutely in regards to Russia which has seen a section of the tech industry promote its interests.