Fast Return: Hacker Restores Stolen Funds to US Government within 24 Hours
The US government recently faced a cybersecurity breach where nearly $19.3 million in crypto funds were stolen from government-associated wallets. However, the hacker responsible for the theft surprisingly returned almost 88% of the stolen...
Portofino Technologies Faces Staff Exodus Amid FCA Regulation
Portofino Technologies, a Switzerland-based crypto market making firm that received approval from the Financial Conduct Authority (FCA) earlier this year to serve institutional crypto clients in the U.K., has experienced a significant staff turnover...
Solana vs. Ethereum Comparison and Bitcoin-Gold Ratio Analysis
The SOL/ETH trading pair on Binance has been on a winning streak, with a surge of over 15% since Oct. 1. However, the recent rally may be showing signs of being overbought, as indicated...
Unlocking the Potential: How Bitcoin’s Original Blockchain Could Revolutionize DeFi
The developers behind the BOB project, which stands for "Build everything on Bitcoin," have introduced a new vision paper outlining a design for a hybrid layer-2 network that could potentially position Bitcoin as the...
Boost Ethereum Decentralization with Lido DAO’s Community Staking Module
Lido DAO has recently introduced its Community Staking Module (CSM) on the Ethereum mainnet, aiming to enhance decentralization within the network. This new module allows Ethereum stakers to become solo validators with just 2.4...
Polymarket CEO Clarifies Platform’s Non-Partisan Stance in Response to NYT Article
Polymarket CEO, Shayne Coplan, recently responded to a New York Times article that raised questions about the platform's alleged political bias. In his statement, Coplan clarified that Polymarket is strictly non-partisan and focuses on...
Solana Hits Record High in Daily Transaction Fees
Solana has achieved a new milestone by reaching a record high in daily transaction fees, exceeding $11 million on October 24th. This new achievement comes as Solana continues to dominate daily trading volumes in...
Netherlands Crypto Tax Reporting Bill Consultation Begins
The Netherlands has started a consultation process for a new bill that would require crypto services to share user data with tax authorities. This move is in response to a European directive called DAC8,...
Tokenized Treasuries vs Stablecoins: JPMorgan’s Perspective on Blackrock’s BUIDL
JPMorgan recently released a research report stating that tokenized treasuries are unlikely to fully replace stablecoins in the crypto market. While it is possible that tokenized treasuries could eventually replace a significant portion of...
DOJ Probe of Tether Dampens Crypto Rally Hopes
Cryptocurrency prices took a hit during U.S. afternoon hours on Friday following reports of a Department of Justice (DOJ) probe into stablecoin issuer Tether for potential violations of sanctions and anti-money laundering regulations. Stablecoins...