Leaked private keys from an OKX smart contract allowed an attacker to steal USD $2.7 million worth of funds. OKX has promised to cover losses of those affected by the breach. The hack has highlighted the potential vulnerability of decentralised platforms despite their user control advantages. OKX, a decentralised exchange (DEX), renowned for facilitating low-fee, […]

The post FTX Disaster Spurs CFTC’s Bold Action: Major Announcement on Crypto Regulations appeared first on Coinpedia Fintech News FTX case has given a lifetime lesson to all, including the highest regulatory bodies who are planning to protect customer money by laying grounds on FTX-inspired rules. The rule aims to separate customer funds from DCO’s […]

Bitcoin price formed a base above the $40,000 support zone. BTC is now struggling to clear the $43,000 resistance zone and consolidating. Bitcoin started a fresh increase from the $40,000 support base. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line […]

The SEC has opted to extend the deadline to February 6, 2024, to approve or deny the application for the Invesco Galaxy Ethereum ETF. Cboe BZX Exchange recently submitted a proposed rule change to the Securities and Exchange Commission (SEC) concerning the listing and trading of shares for the Invesco Galaxy Ethereum ETF. The SEC […]

The Monetary Authority of Singapore and People’s Bank of China have signed the MOU to allow Chinese and Singaporean tourists to utilize cross-border payments with digital currencies in both countries. […] Read More… The post China, Singapore launch digital yuan cross-border payments pilot for tourists appeared first on CoinGeek.

Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars.

One Ethereum (ETH)-based gaming altcoin soared as a crypto whale suddenly moved a massive amount of the project’s tokens off an exchange, on-chain data shows. As reported by blockchain tracking firm Lookonchain, layer-2 scaling solution ImmutableX (IMX) shot up 20% as a crypto whale made big moves. “The price of IMX increased by 20% today. […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Ethereum saw a pullback from just above the long-term resistance at $2300. The dip in active addresses pointed to a reduction in demand for ETH in the market. Ethereum [ETH] noted a decent retracement […]

Legendary guitarist and astrophysicist Brian May reflects on AI’s current and future impact on the music industry.

Bitcoin is showcasing bullish trends as “whales” increase their holdings, defying broader market uncertainties