TLDR Balancer DAO is distributing $8 million in recovered funds to victims of its $116 million November hack The recovered funds come from white hat hackers and internal rescue teams, with another $20 million recovered separately by StakeWise Victims will receive reimbursements in the same tokens they lost, calculated on a pro-rata basis according to […]

The post Balancer Proposes Returning $8 Million in Recovered Funds to Liquidity Providers After DeFi Exploit appeared on BitcoinEthereumNews.com. Balancer’s exploit recovery plan aims to distribute approximately $8 million in rescued funds back to affected liquidity providers across multiple networks, following a major DeFi incident that drained over $128 million from V2 pools. This non-socialized […]

The post Renowned CEO Simulates Ethereum Using 10 Different Methods: Here’s the Fair Price It Should Have appeared on BitcoinEthereumNews.com. Hashed CEO Simon Kim announced the development of a new system for calculating the intrinsic value of Ethereum (ETH). Kim introduced his intrinsic value dashboard, which he prepared on social media, using the phrase, “How […]

The post Shocking Kalshi Lawsuit Exposes Alleged Illegal Sports Betting Operations appeared on BitcoinEthereumNews.com. Prediction market platform Kalshi faces a devastating legal blow as a new lawsuit alleges the company operated an illegal sports betting site. This Kalshi lawsuit represents a significant challenge for the growing prediction market industry and raises crucial questions about regulatory […]

The post Litecoin Displays Silent Strength as Purely Decentralized Digital Asset appeared on BitcoinEthereumNews.com. Litecoin ($LTC), considered a lighter and faster version of Bitcoin ($BTC), has again entered the limelight. In this respect, Litecoin ($LTC) is making noteworthy progress in the market in comparison with several other projects that highly depend on Key Opinion Leaders […]

TLDR XRP price is testing the upper boundary of a descending channel at $2.22, with resistance at $2.25 and $2.60 as key levels to watch. Binance XRP reserves have dropped to 2.7 billion tokens from nearly 3 billion, with 300 million XRP leaving the exchange since early October. The 21Shares XRP Spot ETF (ticker: TOXR) […]

The post Infinex ICO Restart Aims to End ‘Low Circulation, Fully Diluted Valuation’ Scam, Says Founder kain.mega appeared on BitcoinEthereumNews.com. COINOTAG News, November 28—Infinex founder kain.mega posted on social media to clarify the motivation behind the ICO restart. He emphasized that the relaunch was not designed to guarantee profits for all participants but to address […]

The post SARB Confirms South Africa Not Ready for Retail CBDC, Here’s Why appeared on BitcoinEthereumNews.com. The post SARB Confirms South Africa Not Ready for Retail CBDC, Here’s Why appeared first on Coinpedia Fintech News While dozens of countries rush to launch their own CBDCs, the South African Reserve Bank (SARB) says the nation doesn’t […]

The post Platinum On Edge As A Long-Term Deficit Flips To Surplus appeared on BitcoinEthereumNews.com. A 75% price rise since the beginning of the year by platinum as it has outperformed gold might be coming to an end as a multi-year supply deficit of the metal morphs into a modest surplus next year. The flip […]

The post Bitcoin Eyes $100K Resistance in Descending Broadening Wedge Amid Improving Sentiment appeared on BitcoinEthereumNews.com. Bitcoin is currently trading within a Descending Broadening Wedge pattern on the 4-hour chart, signaling potential volatility as it approaches the $100,000 resistance level. Strong buyer demand at the lower boundary has driven a rebound, positioning BTC near $91,656 […]