The term “What is Cryptocurrency?” is popping up more often than ever. From news headlines to conversations among friends, cryptocurrency has become a buzzword that piques curiosity. But what is crypto, and why is it attracting so much attention? This beginner’s guide is here to help you understand what Cryptocurrency is, its uses, benefits, and … Read more
What is Cryptocurrency? A Beginner’s Guide Read More »
Infini, a stablecoin payment platform, has reportedly lost $50 million in an exploit, allegedly carried out by a developer who retained administrative privileges after the project was completed. Security firm Cyvers has linked the attack to an insider with prior access to Infini’s contract development. Infini’s Response to the Attack The attacker funded the exploit … Read more
After Bybit, Infini Stablecoin Firm Loses $50M Read More »
Poland’s central bank, the National Bank of Poland (NBP), has decided not to include Bitcoin (BTC) in its reserves due to concerns about security, volatility, and financial stability. NBP’s View on Bitcoin NBP President Adam Glapiński stressed that the bank’s reserves must be safe and stable. At a recent press conference, he stated: “We will … Read more
Poland’s Central Bank Rejects Bitcoin for Reserve Stability Read More »
The Royal Government of Bhutan has made significant Bitcoin transfers, moving 751.309 BTC worth approximately $74 million into two separate wallets. The reason for these transactions remains unknown, but Bhutan still holds 11,145 BTC, valued at about $1.1 billion. Breakdown of Transfers of the BTC According to Arkham data, Bhutan’s Bitcoin transfers were executed as … Read more
Bhutan Moves $74M in Bitcoin, Still Holds $1.1B in BTC Read More »
Dubai-based cryptocurrency exchange Bybit has confirmed a massive security breach resulting in the theft of approximately $1.5 billion worth of digital currency, primarily Ethereum. The incident, potentially the largest cryptocurrency theft in history, has sent shockwaves through the digital asset market. Founder Ben Zhou assured users that their funds were “safe” and that the company … Read more
Bybit Suffers Record-Breaking $1.5 Billion Crypto Heist Read More »
The U.S. Securities and Exchange Commission (SEC) has taken an important step by accepting Grayscale’s updated request for a spot Solana (SOL) exchange-traded fund (ETF). This is a big move since the SEC had previously turned down similar applications due to legal concerns. Why This Matters to Investors Grayscale, a well-known crypto investment firm, had … Read more
SEC Moves Forward with Grayscale’s Solana ETF Application Read More »
Ethereum is gearing up for a major network upgrade, known as the Pectra Upgrade (previously planned two Prague and Electra upgrades), with testing set to begin on February 26 on the Holesky testnet, followed by Sepolia on March 5. According to Tim Beiko, a core Ethereum developer, the upgrade’s timeline will be finalized after a … Read more
Ethereum’s Pectra Upgrade: Key Features and Expected Timeline Read More »
Berachain (BERA) has taken the cryptocurrency market by storm, soaring an incredible 630% in just one day. Currently priced at $7.705, BERA has seen extreme price swings, hitting a high of $14.99 and a low of $1.00. This dramatic surge has captured the attention of investors and traders worldwide, with Binance playing a crucial role … Read more
Berachain (BERA) Surges 630% in a Day – What’s Driving the Rally? Read More »
Alexey Pertsev, a developer of the crypto mixing platform Tornado Cash, is set to be released from prison on Friday as he prepares to appeal his money laundering conviction from 2024. His lawyer, Judith de Boer, welcomed the decision, saying it will allow them to build a stronger defense. Background on the Case of Tornado … Read more
Tornado Cash Developer Alexey Pertsev Released Ahead of Appeal Read More »
The Financial Intelligence Unit of India (FIU-IND) has imposed a monetary penalty of $1.06 million (₹9.27 crore) on Bybit, the world’s second-largest cryptocurrency exchange, for breaching the Prevention of Money Laundering Act (PMLA), 2005. Bybit operates as a Virtual Digital Asset (VDA) service provider, making it a reporting entity under Indian law.However, the company continued … Read more
Bybit Faces $1.06 Million Penalty for Violating India’s Anti-Money Laundering Laws Read More »
