News

North Korea’s Lazarus Group Suspected in $4M Bitcoin DeFi Hack, Says Alex Lab

Important Points: Bitcoin DeFi program Alex Lab uncovered final month that it had endured a $4 million hacking. According to the platform, the Lazarus Group is responsible for the cyberattack. The famous hacker organization Lazarus Group is believed to be supported by the North Korean government. Law enforcement and Alex Lab are working together on […]

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Binance.US Deals More Blow: North Dakota Cancels Permit

Binance. US, the American branch of the world’s largest cryptocurrency exchange, is under a barrage of regulatory inquiries, threatening to sever its grip on the lucrative US market. Mounting license revocations and operational restrictions in various states present a bleak picture of the exchange’s future. Problems with Money Transmitters: The Holding Penalty The problem revolves

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A Fed interest rate decision is anticipated for Bitcoin today! When will it be announced? Here are the expectations!

In May, the Federal Reserve maintained interest rates at 5.25–5.50 percent. Markets are currently awaiting the June interest rate decision in response to the May decision. When Will the FED Announce Its June Interest Rate Decision? The dollar, gold, oil, bitcoin (BTC), and other cryptocurrencies are all expected to be impacted by the FED’s fourth

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After Meeting With Bitcoin Miners, Donald Trump Demands “Made in USA” Bitcoin

Trump met with officials from Riot Platform and Cleanspark Inc., two Nasdaq-listed Bitcoin mining companies, on Tuesday morning. He made the comments on his alt-tech social media network, Truth Social, after meeting with Bitcoin Magazine CEO David Bailey and executives from publicly traded Bitcoin miners Cleanspark, Riot Platform, and Marathon Digital. Ahead of the 2024

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Bitcoin will become even more important in the 2024 US elections: Grayscale survey

According to Grayscale data, nearly 50% of US voters expect to hold cryptocurrency assets by 2024. A recent survey by Grayscale indicates that Bitcoin usage by US voters is on the rise. Bitcoin gains popularity with US voters Voters in the US are becoming more interested in bitcoin. The growth of bitcoin as an asset

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BNB Chain Affected by $80K Bitcoin Exploit: Persistent Attack or Intervention by an Ethical Hacker?

In brief Nearly $80,000 worth of Bitcoin has been lost because of a potential exploit on the BNB chain. Even though this amount is less than most cryptocurrency exploits, it has raised questions about the criminals’ intentions. Cyvers, an on-chain security company, speculates that the attacker may be an ethical hacker. Recognizing the Assailant It

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In the UAE, Bitcoin takes the top spot for cryptocurrencies

Important points: According to Chainalysis report According to a recent survey, the cryptocurrency market in the United Arab Emirates (UAE) saw tremendous growth in the last year. According to a Chainalysis study, the UAE recorded significant capital gains of $204 million in 2023 from its cryptocurrency investments. The UAE ranked second among GCC countries, only

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BlackRock’s BUIDL Fund Receives Payment from Tornado Cash: Good OR Bad News?

The biggest asset manager in the world recently introduced its $100 million BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This Ethereum-based investment vehicle by BlackRock has created quite a stir in the cryptocurrency market. BlackRock’s Bitcoin ETF was a BIG Success! This move follows BlackRock’s successful launch of a bitcoin ETF in early 2024. And,

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