Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million.
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Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.
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$9 Trillion BlackRock Files Ethereum Spot ETF, What’s So Special About It?
Following BlackRock’s official filing of Spot Ethereum with Nasdaq, reports have confirmed that BlackRock’s Ether ETF plan has been confirmed by Nasdaq and is on its way to the US SEC to gain final approval. BlackRock Ethereum Spot ETF Confirmed American multinational investment company, BlackRock has been making waves in the crypto space after news…
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Turkish Lira Tops Fiat Volumes in September as Adoption Grows: Binance Research
Source: AdobeStock / Iryna Dincer The Turkish Lira (TRY) leads the chart as the top fiat traded on the world’s largest exchange by volume, Binance following a surge in the number of investors, new research shows. A new Binance market research shows an increasing vol trading volume around the Lira in September accounting for 75%…
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QCP Capital Does Not Expect Spot Bitcoin ETFs to Hit the Market Until 2024
Image by plysuikvv, Adobe Stock. Trading firm QCP Capital does not expect the Securities and Exchange Commission (SEC) to approve a spot Bitcoin ( BTC) ETF until 2024. In a recent post on Telegram, the company said the anticipation surrounding the approval of spot Bitcoin ETFs is reaching a fever pitch. “There has been a…
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Pepe Coin Price Prediction as 115% Three-Week Surge Signals Bullish Momentum – Time to Buy?
The Pepe Coin price has dropped by 1% in the past 24 hours, slipping to $0.00000128 as the cryptocurrency market as a whole enjoys a 2% increase today. Despite this fall, PEPE is now up by 25% in a week and by close to 115% in the last month, with the meme token making a…
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Blockchain Security Firm Peckshield Reports Suspicious Activity in Poloniex Exchange Wallet – $60 Million Drained?
Blockchain security firm, Peckshield has flagged suspicious activity on a wallet owned by centralized cryptocurrency exchange Poloniex suggesting alleged losses of over $60 million. The company has not disclosed the actual amount that was stolen but on-chain data outflows to the receiving wallet places the figure around $60 million. Following the disclosure of the hack,…
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Bitcoin, Ethereum Technical Analysis: Bullish Trends and Overbought Signals in BTC and ETH
While global equities slumped following the speech from U.S. Federal Reserve chairman Jerome Powell on Thursday, crypto markets held strong with an overall market valuation of $1.4 trillion on Friday, November 10, 2023. Bitcoin and Ethereum Navigate Through Market Uncertainty The crypto economy is doing well considering that stocks dropped the day prior after the…
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JPMorgan Adds Programmable Payments to JPM Coin
Previously clients would need to set standing orders for payments to take place at a particular time; now they can program them to kick in when the relevant criteria are met.
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Shiba Inu Burn Rate Soars Over 3,000% – What’s The Impact On Price?
Shiba Inu (SHIB) finds itself in a curious position as it experiences minor dips in its 24-hour trading value, diverging from the upward momentum seen in altcoins such as LINK, ADA, and SOL. The surge in these alternative cryptocurrencies has been propelled by Bitcoin’s climb to the $36,000 level. Despite the broader market’s positive movements,…
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