Cetus Recovery Plan on Sui Echoes Solana’s Strategy After $223 Million Exploit The decentralized exchange (DEX) Cetus, based on the Sui network, is employing a recovery strategy that bears a striking resemblance to one previously used by a Solana project. This approach involves offering a bounty to the hacker in exchange for the return of…
Ledn Ditches Ethereum, Embraces Full Custody Bitcoin Lending Ledn, a digital asset lender, is making significant changes to its business model by focusing exclusively on Bitcoin (BTC) and adopting a full custody approach. This shift involves discontinuing support for Ethereum (ETH) and ensuring that Bitcoin collateral is securely held, according to a recent announcement. This…
Fake Ledger Live Apps Target Crypto Users on macOS Cybercriminals are increasingly targeting cryptocurrency users, and a new threat has emerged for those using macOS. Hackers are distributing malware disguised as legitimate Ledger Live apps to steal seed phrases and drain crypto wallets. This review breaks down the details of this scam and how to…
XRP’s Market Performance: Analyzing Recent Trends and Future Potential Despite some positive developments for XRP, the cryptocurrency has been underperforming compared to the broader market. This article examines the factors influencing XRP’s price and what could potentially trigger a rally. As reported by Cointelegraph, recent events have painted a mixed picture for XRP investors. Key…
Sui Validators Freeze Stolen Funds After $220M Cetus DEX Hack In the ever-volatile world of crypto, hacks and exploits are an unfortunate reality. Recently, Cetus, a decentralized exchange (DEX) built on the Sui blockchain, experienced a significant security breach. As reported by Cointelegraph, the incident resulted in the theft of over $220 million in user…
Unlocking Blockchain Trust: A Deep Dive into Staking Staking is emerging as a key mechanism in the crypto world, offering a way to maintain blockchain networks by rewarding good behavior instead of relying on high energy consumption. This innovative approach is explored in depth in a recent episode of The Clear Crypto Podcast, where hosts…
Memecoins Outshine Bitcoin: A New Era of Crypto Gains? While Bitcoin continues its impressive rally, a new breed of cryptocurrencies is capturing the attention of investors: memecoins. These high-risk, high-reward tokens are posting significant gains, leading some to believe they could outperform Bitcoin as the bull run accelerates. As reported by Cointelegraph, several memecoins, including…
XRP Futures Market Heats Up: Bull Flag Targets $14? XRP is showing signs of a potential rally, buoyed by positive market activity and increasing investor optimism. The price of XRP has seen a recent uptick, and futures data suggests traders are growing increasingly bullish. Could this lead to a significant price surge? Let’s delve into…
Sui DEX Cetus Faces Potential $200M Exploit The crypto world is on alert as Cetus, a decentralized exchange (DEX) on the Sui blockchain, is reportedly experiencing a significant security breach. Allegations suggest that over $200 million in digital assets may have been drained. This incident has sparked concerns about the security and transparency of the…
FIFA Chooses Avalanche for NFT Platform’s Blockchain FIFA, the international soccer governing body, is diving deeper into the world of blockchain technology. They’ve selected Avalanche to power their new blockchain network dedicated to non-fungible tokens (NFTs) and boosting fan engagement. This move aims to connect with FIFA’s massive global fanbase, estimated at over five billion…
Microsoft Tackles Lumma Stealer Malware in Broad Cybersecurity Push Microsoft has taken significant legal action against Lumma Stealer, a notorious information-stealing malware. The tech giant has successfully blocked thousands of websites associated with the malware, marking a major victory in the ongoing battle against cybercrime. This action underscores the increasing importance of crypto regulation and…
BlackRock’s Bitcoin ETF Sees Massive Inflows as BTC Price Surges The world of Bitcoin ETFs is heating up, with BlackRock’s IBIT leading the charge. As reported by Cointelegraph, recent data shows a significant surge in inflows into these investment vehicles, coinciding with Bitcoin’s impressive price rally. IBIT’s Record-Breaking Day BlackRock’s iShares Bitcoin Trust (IBIT) experienced…
Australian Regulator Seeks High Court Appeal in Block Earner Case The Australian Securities and Investment Commission (ASIC) is escalating its legal battle with fintech firm Block Earner, seeking permission from the High Court to appeal a previous ruling. The core issue revolves around clarifying the definition of a “financial product” under Australian law, particularly in…
VanEck Steps into Avalanche with New Ecosystem Fund VanEck is expanding its reach in the digital asset space with the launch of a new fund focused on the Avalanche blockchain. The PurposeBuilt Fund aims to invest in Web3 projects built on Avalanche, targeting sectors like gaming, financial services, and artificial intelligence. This move highlights the…
Bipartisan Support Emerges for Blockchain Regulation Amid Crypto Industry Concerns In a notable development for the crypto space, a bipartisan effort is underway in the U.S. Congress to provide regulatory clarity for blockchain technology. As reported by Cointelegraph, the Blockchain Regulatory Certainty Act, reintroduced by Minnesota Representative Tom Emmer, aims to define that digital asset…
