UAE’s M2 Crypto Exchange Hacked: $13.7M Loss, Full Fund Recovery Assured
M2, a crypto exchange based in the UAE, recently fell victim to a security breach resulting in a loss of $13.7 million in digital assets. The incident took place on October 31 at 3:16...
Florida CFO Jimmy Patronis Predicts Growth of State’s $800M Crypto Portfolio Under Trump Presidency
Florida's Chief Financial Officer, Jimmy Patronis, has been vocal about his support for expanding the state's cryptocurrency investments under a potential Trump administration. He recently suggested diversifying the state's retirement fund into cryptocurrencies, highlighting...
SEC Investigates Immutable X for Potential Violations – What You Need to Know
Immutable X, a web3 gaming firm, recently made a statement regarding a notice it received from the U.S. Securities and Exchange Commission (SEC) related to the sale of its IMX tokens in 2021. The...
Harris Odds Increase on Polymarket Amid Rising ‘Election Fraud’ Allegations – Trump Hedge Bets
The odds of Democratic candidate Kamala Harris winning the upcoming U.S. presidential election have been increasing on the Polymarket betting platform. This increase, from 33% on Oct. 30 to nearly 39%, could be attributed...
Attracting Blue-Chip Partners for AI Ventures: Riot Platforms Strategy Amid Q3 Losses
Riot Platforms, a Bitcoin miner, is currently attracting interest from big-name companies for potential partnerships in AI and high-performance computing initiatives. CEO Jason Les mentioned during an earnings call that they have been receiving...
Bitcoin Price Volatility Expected to Surge Before US Elections
Bitcoin's price volatility is expected to increase in the days leading up to the US presidential elections, according to Standard Chartered's global head of digital assets research, Geoffrey Kendrick. Kendrick pointed out that key...
Bitcoin Price Plunge Sparks $289M Market Liquidations
Bitcoin's price took a surprising turn, dropping below $70,000 after reaching a high of $72,900 yesterday. This sudden shift in the market caused a total of $289.93 million in liquidations within a 24-hour period,...
Franklin Templeton Launches Tokenized Treasury Fund on Layer 2 Blockchain
Franklin Templeton has recently made an exciting announcement regarding its OnChain U.S. Government Money Market Fund. The fund is now available for trading on Coinbase's Base blockchain, marking a significant milestone as the first...
Bitcoin Rollup Citrea: Transforming BTC into a Programmable Asset with ZK Proofs
Bitcoin Rollup Citrea, a project aiming to enhance the utility of Bitcoin by utilizing zero-knowledge technology, recently secured $14 million in Series A funding. The funding round was spearheaded by Peter Thiel's Founders Fund...
Crypto Market Update: Ether Drops 5.8%, Bitcoin Falls Below $71K
Cryptocurrency prices took a hit on Thursday as traders began to sell off their positions following recent gains. Bitcoin, which failed to reach its record high above $73,700, dropped below $71,000, marking a 2%...