A cryptocurrency investor recently fell victim to a phishing attack on Ethereum, eventually losing over $180,000 in USD Coin (USDC) and ANDY (ANDY), a recently launched meme coin inspired by Pepe. Data from Etherscan reveals that the attack occurred on April 23 in nearly one hour, lasting from 05:39 to 06:29 UTC. Transaction data confirms that the...
The Philippines Securities and Exchange Commission (SEC) is looking to remove the Binance app from Google Play store and Apple’s app stores nationwide. On April 9, the commission sent separate letters to Google and Apple requesting the removal of the applications that allow users to access Binance’s trading platform. The recent move came after the Philippine National Telecommunications...
Riot’s shares surged by more than 20% fueled by optimistic evaluations from analysts who foresee substantial growth in the company’s financial performance. Anticipation surrounding Riot‘s financial performance, particularly in the wake of recent analyst predictions, has fueled significant investor interest. The bullish sentiment was evident as Riot Platform’s stock (RIOT) on Nasdaq surged by 23% to $11.24...
As offshore markets diversify, Binance’s Bitcoin market share has declined to 55%, while Bybit emerged as a frontrunner with a surge from 2% to 9.3% Binance‘s dominance in Bitcoin trading outside the U.S. market appears to be shrinking, as its share dropped from 81.3% to 55.3% over the past year as the exchange faced increased competition following the...
A “Buy Bitcoin” note, previously shown behind former Federal Reserve Chair Janet Yellen, is now drawing bids at $140,000 in an online auction. A legal pad bearing the phrase “Buy Bitcoin” is attracting bids nearing $140,000 in an online auction, gaining attention after being displayed behind former Federal Reserve Chair Janet Yellen during Congressional testimony nearly seven years...
In an exclusive sitting with crypto.news, Yair Cleper, CEO and founder of Lava network, discussed the intricacies of the Remote Procedure Call (RPC) protocols and their role in the evolution of blockchain tech. RPCs are protocols that allow applications to communicate with a blockchain and are, as such, essential for the development of decentralized applications (dApps)....
On April 22, the net daily capital inflow into spot Bitcoin ETFs was $62.09 million. According to SoSo Value, the top spot in capital inflows on April 22 was taken by the Fidelity Bitcoin Spot ETF (FBTC) crypto fund. It added $34.83 million to its balance sheet, bringing funds under management to $8.18 billion. Source: SoSo Value The...
The total value of locked funds in the EigenLayer restaking protocol exceeded $15.1 billion. According to DefiLlama, the project team lifted restrictions on pool limits, which caused a noticeable increase in total value locked (TVL). This figure was $11 billion at the beginning of March, increasing by $4 billion in less than two months. Source: DeFiLlama EigenLayer’s TVL...
The Blockchain Association and the Crypto Freedom Alliance of Texas have taken legal action against the U.S. SEC. The two groups contend that the SEC is instituting a new rule, adopted in February, that would negatively impact the crypto industry. The SEC’s rule extends federal securities laws to market participants with significant liquidity-providing roles, encompassing cryptocurrency transactions. The complaint,...
Ripple Labs rejected the U.S. SEC’s request to recover $2 billion from the company for institutional sales of XRP tokens. Ripple’s lawsuit states that the amount involved is much smaller and that the agency is trying to intimidate players in the digital asset market. The company filed a motion to dismiss the SEC‘s lawsuit alleging $2 billion. Last month,...
