Ethereum Price Dips After Bybit Reports Massive $1.4 Billion Hack
In a development that could have a significant impact on the Ethereum price, cryptocurrency exchange Bybit has confirmed a major security breach involving its ETH cold wallet. In a recent post on social media platform X (formerly Twitter), the exchange revealed that the incident reportedly occurred during a transfer from the ETH multisig cold wallet […]
Costa Rica Makes First Foray Into Crypto with New Bitcoin ETF
It will mark the first time that Costa Ricans will have access to any type of crypto investment product through the country's banking system.
Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.4B Bybit Hack
The move happened as crypto exchange Bybit saw a sudden $1.4 billion worth of ETH outflow.
Bybit CEO Confirms Exchange Was Hacked for $1.46B, Hitting Crypto Prices
A portion of staked ether is currently being liquidated on decentralized exchanges.
Coinbase Urges US Congress To Act On Crypto Regulations, Outlines 6 Key Priorities
Coinbase’s Chief Policy Officer (CPO) asked US lawmakers to establish a robust regulatory framework that benefits the crypto industry and American investors, suggesting six key priorities to protect users and develop the sector with clear regulations. Related Reading: Binance CEO Expects Start Of Crypto ‘Golden Era’ Under Trump Administration Coinbase Urges Congress To Unlock The […]
Bybit Makes Liquidation Data More Transparent Aiming to Lure Institutional Investors
The move is meant to help lure instituional investors and improve market transparency.
CoinDesk 20 Performance Update: Litecoin (LTC) Gains 6.8%, Leading Index Higher
Polkadot (DOT) was also among the top performers, rising 4.9% from Thursday.
COIN Jumps 5%, HOOD Gains 4%, BTC Challenges $100K as SEC Set to Drop Case Against Coinbase
The agency's withdrawal of the lawsuit could boost crypto prices, marking a milestone in U.S. regulatory oversight for the digital asset industry.
Bitcoin Faces Risk Of Further Decline If It Drops Below Short-Term Holder Cost Basis: Report
According to Glassnode’s latest The Week On-Chain report, Bitcoin (BTC) must remain above the Short-Term Holder (STH) cost basis to avoid potential downside risks. Historically, this price level has served as a crucial pivot point between local bull and bear market phases, making it a key area to watch. Bitcoin Must Avoid Sliding Below STH […]
SEC Dropping Coinbase Case Could Boost Robinhood Stock, Tokens Alleged as Securities
More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.