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WazirX Revolutionizes Asset Security After Massive Hack
August 14, 2024
Indian crypto exchange WazirX, recently targeted in a $235 million hack, has officially severed its asset custody arrangement with Liminal.In an August 14 statement, WazirX announced the initiation of asset …
Read moreCoinbase cbBTC Aims To Challenge BitGo’s WBTC Dominance
August 14, 2024
Coinbase appears poised to shake up the wrapped Bitcoin market with its upcoming product, cbBTC, according to recent disclosures from the firm. On August 13, Coinbase's official X (formerly Twitter) …
Read moreTON Ventures Launches $40M Fund to Propel Telegram's Crypto Ecosystem
August 14, 2024
TON Ventures, a new venture capital fund, has officially launched with a $40 million fund aimed at supporting applications within Telegram’s crypto ecosystem, The Open Network (TON). The fund will …
Read moreBitcoin's Market Dominance and Stability Amid Inflation: A 2024 Overview
August 14, 2024
Bitcoin's Market Dominance Rises Amidst Volatile Crypto LandscapeIn 2024, Bitcoin's market dominance has shown a stable upward trend despite the overall market volatility. BTC dominance, which is Bitcoin's market capitalization …
Read moreGoldman Sachs Discloses Nearly $420 Million in Bitcoin ETF Holdings
August 14, 2024
Goldman Sachs Reveals Significant Bitcoin ETF Investments In a notable development within the financial sector, Goldman Sachs has disclosed approximately $420 million in Bitcoin ETF holdings as per the latest …
Read moreBitcoin Takes Major Step in DeFi with Tap Protocol's Native Swap Innovation
August 14, 2024
Tap Protocol has marked a significant milestone by executing the first Bitcoin-native swap directly on Bitcoin Layer 1, according to an Aug. 13 announcement. This breakthrough enables decentralized finance (DeFi) …
Read moreEthereum ETFs Mark Pivotal Moment As Grayscale's ETHE Halts Outflows
August 13, 2024
Ethereum ETFs See Major Milestone Amid InflowsRecent data from Farside highlights a significant milestone in the Ethereum ETF market. For the first time, Grayscale's ETHE saw no outflows, marking a …
Read moreThree Arrows Capital Liquidators Sue Terraform Labs for $1.3 Billion
August 13, 2024
Three Arrows Capital (3AC) liquidators have filed a substantial claim against Terraform Labs amounting to $1.3 billion, as reported by Bloomberg. The claim reportedly arises from losses suffered by the …
Read moreCrypto Markets Face Liquidity Crisis Amid Recent Sell-Offs
August 13, 2024
Crypto markets continue to grapple with liquidity fragmentation, leading to persistent price discrepancies across exchanges, according to a recent Kaiko report. These disparities are diminishing over time but remain prominent …
Read moreEl Salvador Secures $1.6 Billion Investment for Bitcoin City Port Transformation
August 13, 2024
In a historic move, El Salvador’s President Nayib Bukele announced that Turkish firm Yilport Holdings will invest $1.6 billion to upgrade two key ports, Acajutla and La Unión. This investment …
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