Author: Mehar Nayar
Navigating DeFi Challenges: Gamma Strategies and KyberSwap Address Exploits
In a recent development, PeckShield, a blockchain investigator, has flagged a potential financial loss of nearly $500,000 due to an exploit in the decentralized finance (DeFi) protocol Gamma Strategies. This…
India’s E-Rupee Achieves Milestone with 1 Million Daily Transactions in December
India’s Central Bank Digital Currency (CBDC), known as the e-rupee, marked a significant achievement in December by recording 1 million daily transactions, aligning seamlessly with the Reserve Bank of India’s…
Binance Labs Backs Memeland’s Native Token MEME in Strategic Investment
In a strategic move signaling the growing influence of meme-based cryptocurrencies, Binance Labs, the investment arm of leading cryptocurrency exchange Binance, has disclosed its investment in Memecoin (MEME). The investment…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…
South Korean Gaming Giant WeMade Faces $41 Million Crypto Tax Obligation
South Korean gaming behemoth WeMade is grappling with a substantial $41 million tax bill, stemming from the National Tax Service’s investigation into the company’s crypto-related activities spanning 2019 to 2022….
Goldman Sachs Poised to Join Bitcoin ETF Arena as Authorized Participant
Goldman Sachs is reportedly gearing up to step into the crypto space by becoming an authorized participant (AP) for potential Bitcoin ETFs offered by BlackRock and Grayscale, according to insider…
SEC Likely to Reject All Bitcoin Spot ETFs in January, Triggering Market Concerns
In a departure from prevailing market sentiments, Matrixport analyst Markus Thielen predicts that the Securities and Exchange Commission (SEC) is poised to reject all bitcoin spot ETF proposals this month….
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…
Revving Up: Stake Secures Naming Rights for Sauber’s F1 Car in Multi-Year Endeavor
In a significant leap into the fast-paced world of Formula 1, cryptocurrency betting and casino platform Stake has clinched the naming rights for Sauber’s Formula 1 car for the upcoming…
China’s Crackdown on Cryptocurrency Corruption: A Battle Against Cold Storage Exploitation
Official Chinese media have voiced concerns over corrupt officials exploiting cryptocurrency’s cold storage for illicit cross-border transactions, prompting a comprehensive government strategy. In a recent development, official Chinese media outlets…
Nest Wallet CEO Falls Victim to LFG Token Phishing Attack, Loses $125,000
In a recent crypto phishing incident, Bill Lou, CEO and co-founder of Nest Wallet, was targeted, losing 52 stETH tokens, equivalent to $125,000. The attack was linked to a fraudulent…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…
Orbit Chain Cyberattack: Hackers Convert Stolen Funds to Ethereum, Garner $1.45 Million in Profits
In a sophisticated cyberattack, perpetrators behind the recent Orbit Chain exploit managed to convert their loot into Ethereum (ETH), reaping an additional $1.45 million in unrealized profits amid a 4.7%…
Ethereum’s Path Forward: Vitalik Buterin Unveils 2024 Roadmap
In a recent update, Vitalik Buterin, the co-founder of Ethereum, has shared insights into the blockchain’s strategic direction for 2024. While noting “relatively few changes” from the previous year’s plan,…
Coinbase’s Chief Legal Officer Criticizes US Decision on Bankman-Fried Charges
In a surprising turn of events, US prosecutors have opted not to pursue remaining charges against Sam Bankman-Fried, a prominent figure in the cryptocurrency space. The dropped charges, particularly related…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…
PancakeSwap’s Bold Move: Proposal to Cut CAKE Token Supply by 300 Million Tokens
Decentralized exchange (DEX) PancakeSwap has recently unveiled an ambitious proposal aimed at significantly reducing the maximum supply of its native token, CAKE. This strategic move, if approved, would see a…
Ark Invest Adjusts Portfolio: Sells Coinbase Shares; Ventures into Bitcoin Futures ETF
In the latest strategic moves, Ark Invest, headed by Cathie Wood, has made noteworthy adjustments to its investment portfolio. The firm recently continued its selling spree of Coinbase shares, parting…
Arkham Intelligence Reveals Donald Trump-Linked Crypto Portfolio Sells $2.4 Million in Ether
In recent blockchain data analysis, Arkham Intelligence reports that a crypto portfolio believed to be associated with former President Donald Trump has divested approximately $2.4 million worth of ether. The…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…