Fintech firm Dave has decided to distance itself from the troubled crypto exchange FTX. Dave announced its plan to repurchase a $100 million convertible promissory note from FTX Ventures, the venture capital arm of FTX. This development comes as a response to the bankruptcy and legal challenges surrounding FTX. The Financial Mechanics of the Buyback […]

Solana Price Prediction: Amidst a volatile cryptocurrency landscape, Solana has emerged as a prominent player, rivaling Ethereum in Layer-1 scaling solutions. A recent analysis of SOL’s market trajectory reveals a dynamic pattern of growth and challenges, marking its position as a key cryptocurrency to watch. Solana’s price recently underwent a corrective phase in a fluctuating […]

The crypto market is facing its first major drawdown taking place amid the expectation of the spot Bitcoin exchange-traded fund (ETF) in the US. As volatility spikes across the board, top altcoins like Polygon (MATIC), Arbitrum (ARB), and Chainlink (LINK) are shedding, retreating 17%, in a week, 2.5% in the last hour, and 15% in seven days, […]

The crypto market has been highly volatile since the onset of 2024 mainly wavering to the market sentiment toward spot Bitcoin ETFs. On January 3rd, a majority of major cryptocurrencies witnessed a significant sell-off as Matrixport recently emphasized in a report that the U.S. Securities and Exchange Commission (SEC) might deny the approval of spot […]

Shiba Inu Price Prediction: Shiba Inu’s (SHIB) price took a surprising route in the first trading days of 2024, defying expectations of a bullish start to the year. Additionally, the meme coin came close to confirming a significant bullish reversal technical pattern, heightening optimism for potential gains among cryptocurrency investors. The Ethereum-based meme coin network […]

Hashdex, a digital asset management firm, has recently unveiled a second commercial promoting its Spot Bitcoin ETF. The commercial, which cleverly parallels Bitcoin’s innovative trajectory with the adoption of credit in the early 90s, signifies Hashdex’s confidence in the imminent approval of their ETF by the US Securities and Exchange Commission. Hashdex Commercial Highlights Bitcoin’s […]

TRM Labs reported that North Korean hackers pilfered at least $600 million in cryptocurrencies in 2023. The figure might climb to $700 million, pending confirmation of additional hacks from last year. The Democratic People’s Republic of Korea (DPRK) emerged as a major perpetrator in crypto thefts, accounting for nearly one-third of all stolen funds in the […]

VanEck has announced its plan to allocate 5% of profits from its proposed Bitcoin ETF to support Bitcoin Core developers. This decision, pending the approval of the ETF by the Securities and Exchange Commission (SEC), marks a significant commitment to the Bitcoin ecosystem. VanEck’s Initial Contribution and Pledge VanEck has demonstrated its dedication to this […]

As the cryptocurrency market continues to evolve, the spotlight is on the eagerly anticipated Spot Bitcoin (BTC) Exchange-Traded Fund (ETF). Friday marks a crucial day for the applicants vying to launch the first-ever Bitcoin ETF. Latest Spot Bitcoin ETF Update Per a post from Fox Business journalist, Eleanor Terrett, Bitcoin ETF applicants and the Securities […]

On January 5, 2024, blockchain security auditing company Certik experienced a significant security breach. The incident, which occurred in the early hours of Friday, involved the compromise of the company’s social media handles. This breach allowed the hacker to launch a phishing campaign, misleading Certik’s followers with fraudulent messages. Social Media Compromise Leads to Phishing […]