The crypto industry has plunged into another severe slump, with its total market capitalization plummeting to $3.13 trillion- a decline of 0.84%. As a result, top assets are witnessing substantial losses. In line with the trend, Solana has experienced severe declines, with the SOL price decreasing by more than 35% over the last 30 days. […]
Elliptic Warns: Bybit Hackers May Turn to Mixers to Launder $1.4B Stolen Funds
TL;DR Lazarus Group, a North Korean cybercrime group, is believed to be behind the $1.4 billion theft from Bybit, marking one of the largest cryptocurrency hacks to date. Investigations suggest that the stolen funds are likely to be laundered through “mixers”, making it more difficult to trace transactions and potentially hindering recovery efforts. Bybit is […]
Bybit hacker converts $3.64M to DAI using decentralized exchanges
The recent incident involving a hacker who managed to swap $3.64 million to DAI through decentralized exchanges has raised concerns in the cryptocurrency community. The hacker was able to exploit vulnerabilities in the Bybit platform to carry out the unauthorized transactions. This breach highlights the importance of robust security measures in the crypto space. Bybit, […]
Just In: Michael Saylor’s Strategy Expands Bitcoin Holdings with $2B Purchase
Michael Saylor’s Strategy, formely known as MicroStrategy has resumed its Bitcoin buying spree just a week after halting its BTC purchases and share sales. The company, now operating as “Strategy,” announced the acquisition of 20,356 bitcoins for approximately $1.99 billion. Michael Saylor’s Strategy Expands Bitcoin Holdings with $2B Purchase Michael Saylor’s Strategy, formely known as […]
Ethena Secures $100M Funding to Launch New Stablecoin Token: Report
USD-E Stablecoin Issuer AthenA Raises $100 Million in New Token Offering AthenA, the renowned issuer of the USD-E stablecoin, has successfully raised $100 million through a new token offering. This significant funding round represents a major milestone for the company as it seeks to expand its operations and enhance the stability of its stablecoin. The […]
SEI Targets $0.29 in Attempts to Breakout from 23-Day Downtrend
The post SEI Targets $0.29 in Attempts to Breakout from 23-Day Downtrend appeared on BitcoinEthereumNews.com. Sei (SEI) has been experiencing a protracted decline over the past several weeks, regaining key levels while the market continues moving sideways. Today, market analyst MACrypto Alex disclosed that SEI is trying to break above a short-term downward momentum as […]
BYD Company Limited (1211.HK) breaking in wave three
The post BYD Company Limited (1211.HK) breaking in wave three appeared on BitcoinEthereumNews.com. BYD Company Limited (ticker: 1211.HK on the Hong Kong Stock Exchange) is a Chinese multinational powerhouse headquartered in Shenzhen. Initially a battery maker, it became the world’s top producer of plug-in electric vehicles by 2022, surpassing Tesla with over 3 million new […]
The xx Network – Securing Privacy with Metadata Shredding and Quantum-Proof Encryption
The post The xx Network – Securing Privacy with Metadata Shredding and Quantum-Proof Encryption appeared on BitcoinEthereumNews.com. Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › In digital communications, privacy concerns are more pressing than ever. Whether it’s government surveillance, corporate data collection, or the […]
PI Coin Price Surges 726% at Launch—Will It Hit $2 Soon?
The post PI Coin Price Surges 726% at Launch—Will It Hit $2 Soon? appeared on BitcoinEthereumNews.com. Pi Network’s launch was one of the biggest events in the crypto industry last week. On February 20, the day of its official debut, PI’s price surged an incredible 726%. But as early adopters rushed to take profits, the […]
Arab Financial Services (AFS) agrees POS stablecoin payments partnership in the UAE
The post Arab Financial Services (AFS) agrees POS stablecoin payments partnership in the UAE appeared on BitcoinEthereumNews.com. The Arab Financial Services (AFS), a MENA-based digital payment solutions provider and fintech enabler, has partnered with Ternoa Blockchain to onboard billions of retail customers into crypto. AFS’ partnership with Ternoa Blockchain, described as a secure and cost-efficient […]