Ethereum Whale’s $306M Liquidation: A Cautionary Tale of High Leverage A crypto whale betting heavily on Ethereum (ETH) suffered a staggering $306.85 million loss due to a massive liquidation event on Hyperliquid. The trader, using 50x leverage, saw their position wiped out when ETH’s price plummeted below the critical liquidation level. This incident serves as […]
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California Senator Endorses Bitcoiner for Seat on $500B Pension Fund Board California State Senator Ben Allen has thrown his support behind Dom Bei, a Bitcoin advocate and founder of Proof of Workforce, for a seat on the board of CalPERS, the nation’s largest public pension fund. This endorsement could mark a pivotal moment for integrating […]
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EU Advances Digital Euro to Safeguard Financial Sovereignty Amid U.S. Cryptocurrency Expansion The European Union is accelerating the development of its digital currency, the digital Euro, to counter the growing influence of the United States in the cryptocurrency realm. With a target rollout by 2028, the EU aims to protect its financial sovereignty and maintain […]
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Sony’s Soneium and LINE Partner to Launch Mini-Apps, Boosting Web3 Adoption Sony’s Soneium, a layer 2 blockchain, has partnered with LINE, a social platform with 200 million active users, to integrate mini-apps into its ecosystem. This move aims to enhance web3 adoption by leveraging LINE’s vast user base and introducing four new mini-games designed to […]
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Mercado Bitcoin’s Bold Move: Partnering with Polygon to Tokenize $200M in Latin America Mercado Bitcoin, one of Latin America’s leading cryptocurrency exchanges, has embarked on an ambitious journey by partnering with Polygon Labs to drive the tokenization of real-world assets (RWAs) across the region. The goal is to issue over $200 million worth of tokenized […]
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Chrome Extension Compromise Puts Crypto Wallets at Risk, Analysts Warn Over 500,000 users of the popular Chrome extension SwitchyOmega were hit hard when a sophisticated phishing attack led to the theft of their private keys. Cybersecurity firm SlowMist has issued a critical warning for users to check their extension IDs to safeguard their digital assets. […]
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21Shares Cuts Fees on Bitcoin and Ethereum ETP ABBA, Lists on Xetra 21Shares, a leader in cryptocurrency exchange-traded products (ETPs), has slashed the management fee on its Bitcoin Ethereum Core ETP, ABBA, by 0.49% and listed it on Deutsche Börse’s Xetra platform, enhancing accessibility for European investors. 0.49% fee reduction on ABBA Listed on Xetra […]
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Coinbase Re-Enters India with FIU Registration, Aiming to Capitalize on Booming On-Chain Scene Coinbase has officially announced its return to the Indian market after a two-year hiatus, marking a significant move in its international expansion strategy. The company, which ceased operations in India in 2022 due to stringent regulations, has now registered with India’s Financial […]
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South Korea’s Strategic Leap into Institutional Crypto Investment South Korea is taking a bold step to integrate institutional investors into its thriving cryptocurrency market. The Financial Services Commission (FSC) is set to roll out a two-phase regulatory framework starting in April, aimed at fostering a secure and stable environment for crypto investments while aligning with […]
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Lazarus Group’s New Assault: Targeting Developers and Crypto Wallets with Malicious npm Packages North Korea’s notorious Lazarus Group has launched a fresh attack, luring over 300 software developers into downloading npm packages laced with the BeaverTail malware. This malware is engineered to pilfer login credentials and sensitive data from Solana and Exodus cryptocurrency wallets, marking […]
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