Hyperliquid, a rising player in the decentralized perpetual futures market, faces intense scrutiny following allegations of wallet activity linked to North Korean hackers. Accusations have ignited significant outflows, a sharp drop in its token price, and questions about the platform’s security infrastructure. North Korean Exploitation Claims Emerge The controversy began when Taylor Monahan, a security…
Decentralized finance (DeFi) protocol Aave is exploring the integration of Chainlink’s. Chainlink’s newly launched Smart Value Recapture (SVR) oracle to address inefficiencies related to Maximum Extractable Value (MEV). A proposal in Aave’s governance forum suggests that this move could redirect up to 40% of MEV profits back to the protocol’s users, potentially improving equity within…
Chainlink has not been nearly as exciting for investors in recent months as the likes of XRP or the BTC itself. But the market dynamics are evolving quickly, with several factors indicating potential for a near-term explosive rally in LINK. Source: Brave New Coin Bitcoin Liquid Index (BLX) Chainlink continues to cement its position in…
Bitcoin bulls might just be unwrapping an early Christmas gift as BTC surged past $98,000 on Dec. 24, fueled by spot buying activity. A snap rally has revived optimism for a green Christmas across the crypto markets. According to data from BNC, BTC climbed to $99,520, marking a significant turnaround after testing December lows earlier…
The digital asset market took a substantial hit in December, with exchange-traded products (ETPs) losing $17.7 billion in total assets under management. According to a December 23 report by CoinShares, the sharp decline aligns with economic uncertainties and market reactions to shifting monetary policies. Source: CoinShares A significant chunk of this decrease occurred between December…
The crypto world’s triumph in 2024 set the stage for broader possibilities in 2025. Stablecoins, for instance, have become an integral part of the financial landscape. By bridging traditional finance with crypto, they’ve facilitated seamless global transactions and hedged against currency volatility. The crypto industry is buzzing with momentum, and 2025 promises seismic changes. After…
Tai Mo Shan Ltd., a subsidiary of Jump Crypto, has reached a $123 million settlement with the U.S. Securities and Exchange Commission (SEC) regarding its involvement in the collapse of the TerraUSD (UST) stablecoin. This settlement is part of the SEC’s broader effort to regulate the cryptocurrency market and hold market participants accountable for deceptive…
Bitcoin’s (BTC) holiday-week performance kicked off in the red, with Japanese company Metaplanet announcing its largest-ever BTC purchase. Tokyo-listed Metaplanet revealed it had acquired 619.70 BTC for 9.5 billion yen (approximately $61 million), increasing its Bitcoin holdings by a staggering 54%. This brings the company’s total BTC holdings to 1,762 BTC, purchased at an average…
MicroStrategy Incorporated (NASDAQ: MSTR) has once again demonstrated its unwavering commitment to Bitcoin, announcing the purchase of 5,262 additional BTC for approximately $561 million. The acquisition, which took place shortly before Christmas, is the company’s third Bitcoin purchase this month alone and comes amid speculation that buying activity may slow in January due to MicroStrategy’s…
Sensitive information from cryptocurrency industry events is being sold online, creating a potential goldmine for scammers and cybercriminals. Crypto media outlet Cointelegraph obtained samples of attendee data that include full names, contact details, social media links, and even crypto wallet addresses—raising alarms about potential phishing campaigns. What’s in the Data? The leaked lists, marketed as…