A contributor to the Solana-based decentralized exchange Cypher known as Hoak via a public statement, confessed to misappropriating and gambling away funds that were recovered following an exploit of the protocol. Another contributor to Cypher, known as Barrett, discovered that Hoak had withdrawn various cryptocurrencies including ETH, WSOL, and BONK across 36 separate transactions from […]
Grayscale Sees Ethereum’s (ETH) Parabolic Run Post Dencun Upgrade
The recent surge in Ethereum’s price can be largely attributed to the growing anticipation surrounding the forthcoming Dencun upgrade, as highlighted in Grayscale’s recent analysis. Over the past month, Ethereum has witnessed a remarkable uptick in its trading value. As of the latest figures, Ethereum is currently trading at $2,951.07 per unit (ETH/USD), boasting a […]
Standard Chartered and Mastercard Complete First Tokenized Deposit Test
Mastercard and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed their first live experiment on the execution of tokenized deposits using the Mastercard Multi-Token Network (MTN). This initiative tested how blockchain technology could be used in the banking sector. It was done under the supervision of the Hong Kong Fintech Supervisory Sandbox. Mastercard Multi-Token […]
Warren Buffet’s Berkshire Sees Annual Profit Soar While Flagging Low Buying Opportunity
Berkshire Hathaway, which is backed by Warren Buffet, posted an upbeat annual result on Saturday. The results come just a day after it was revealed that Buffet’s Berkshire has investments in crypto-related stocks. Despite the positive news though, Buffet also revealed that he sees low buying opportunities for the firm. Berkshire Hathaway Posts Soaring Profit […]
Ex-Speaker Paul Ryan Sees Stablecoin Legislation as Key to Economic Stability
Former U.S. House Speaker Paul Ryan has expressed strong support for stablecoins, suggesting that their regulation could be pivotal in addressing the nation’s economic challenges. In a recent interview with Bloomberg, Ryan highlighted the potential benefits of stablecoins for mitigating the U.S. sovereign debt crisis, currently at $34.7 trillion with over $1 trillion in annual […]
Bitcoin Price Prediction: Key Levels To Focus In Wavering Market Condition
Bitcoin Price Prediction: BTC, the leading cryptocurrency by market cap, has traded in a compact range from $53000 to $50600 over the past two weeks. This consolidation projected daily candles with long wicks and short bodies indicating an uncertain market sentiment that spread across the altcoin market as well. However, with the BTC price holding […]