Traders on the decentralized prediction platform Polymarket are expressing confidence that one or more exchange-traded funds (ETFs) investing in bitcoin (BTC) will be launched in the United States within the next two weeks. Currently, shares of the contract “Bitcoin ETF approved by …
Orbit Chain, a platform that facilitates communication and transactions across various blockchains, has suffered a significant loss of $81 million due to a hack that exploited the platform’s cross-chain bridge. The project confirmed the security breach in a post on X, revealing …
Shares of prominent bitcoin-adjacent companies rose in pre-market trading on Tuesday as the world’s largest cryptocurrency started 2024 by surpassing $45,000 for the first time in 21 months. Bitcoin (BTC) has added more than 7% in the last 24 hours to about …
IOTA Network’s ShimmerEVM is set to enhance its cross-chain capabilities by integrating LayerZero’s cross-chain messaging technology, according to developers. This integration will enable users to interact and transact across multiple networks, opening up new possibilities for the IOTA ecosystem. The initial connection …
Cryptocurrency users suffered significant losses in 2023, with nearly $2 billion being lost to scams, rug pulls, and hacks. This amount is roughly half of what was lost in the previous year, indicating some improvement in security protocols. However, the industry still …
In the final edition of the State of Crypto newsletter for the year, the policy team discusses their focus on crypto regulations. With the upcoming year expected to be busy for the cryptocurrency industry, the team highlights the importance of staying informed …
Barry Silbert, the chairman of Grayscale Investments, has resigned from his position and will be replaced by Mark Shifke, the chief financial officer of Grayscale owner DCG. The announcement came as Grayscale’s application to convert its Bitcoin Trust into a U.S. spot …
MicroStrategy, the largest corporate holder of bitcoin (BTC), has made another significant purchase of the cryptocurrency, adding 14,620 BTC to its holdings. The purchase, which amounted to approximately $615.7 million, was announced by the company’s Executive Chairman, Michael Saylor, via a tweet. …
The Central Bank of Nigeria has made a significant decision that could have a profound impact on the use of cryptocurrencies in the country. In a reversal of its previous prohibition, the bank has now allowed local banks and financial institutions to …
This time of year brims with intergenerational dialogue and forward-looking optimism. As a mother-son duo immersed in cryptocurrency, we recently explored the opportunities and challenges that crypto will encounter in 2024. While our opinions diverged on topics like decentralized finance, or DeFi, …