Ever since Euler Finance fell victim to the biggest decentralized finance (DeFi) hack of 2023, the crypto community closely followed the $197 million loot on-chain — hoping to track down the attacker. Out of the series of transfers made by the hacker, one transaction of 100 Ether (ETH) was allegedly sent to an address associated with North Korea-linked actors. Blockchain […]

The recent fall of major banks in the United States and the need for federal intervention reignited discussions to identify the most effective ways to safeguard the crumbling economies. Comparing the episode to the financial crisis of 2008, prominent economist Peter Schiff found that increasing banking regulations contribute to the worsening economic crisis. A deeper analysis of Silicon Valley Bank […]

The price of Solana (SOL) has been rising since it entered the positive trend zone. Solana price long-term forecast: bullish The price of the cryptocurrency crossed the moving average lines, but remained at the 50-day line SMA. The altcoin has risen to a high of $22.37 today. There is a probability that Solana will continue to rise. The price of […]

Cryptocurrency exchange Binance announced on March 17 that it has replaced the Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to Paxos’ recent move to stop minting new BUSD, which has led to the asset’s market capitalization falling.  SAFU is an emergency insurance fund established by Binance […]

Crypto investors should know by now that it doesn’t take much to topple a distressed multi-billion-dollar firm. On March 10, California regulators officially shut down Silicon Valley Bank (SVB) 48 hours after the company disclosed it was in financial distress. As Cointelegraph reported at the time, SVB is the first Federal Deposit Insurance Corporation (FDIC)-insured bank to fail in 2023. […]

Cryptocurrency wallet BitGo has patched a critical vulnerability that could have exposed the private keys of retail and institutional users. Cryptography research team Fireblocks identified the flaw and notified the BitGo team in December 2022. The vulnerability was related to BitGo Threshold Signature Scheme (TSS) wallets and had the potential to expose the private keys of exchanges, banks, businesses and […]

TripleC, a GameFi incubation and distribution platform, has recently received backing from KuCoinLabs to expand its gaming ecosystem. GameFi is a rapidly growing market that uses blockchain technology to allow players to earn cryptocurrency and generate income through various in-game activities. Investors see GameFi projects as good investments for the future of the gaming industry and for web 3.0 Internet […]

Signature Bank in particular served the likes of Paxos Trust and Celsius and other major crypto firms that suffered as a result of the decisions taken by the Federal Deposit Insurance Corporation and New York State Department of Financial Services. Meanwhile Silicon Valley Bank (SVB) reportedly handled over $5 billion of funds for a handful of cryptocurrency venture capital funds […]

Famous market analyst, host of Mad Money on CNBC, and an anchor on Squawk on the Street, Jim Cramer has lately found himself on the wrong side of the market. Notably, Cramer’s investment ideas have turned out to be a meme, with most investors opting to short his ideas. Cramer Lauds Defunct Silicon Valley Bank Recently, Cramer lauded the defunct […]