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Radiant Capital Falls Victim to Flash Loan Attack Radiant Capital, a decentralized finance (defi) platform, confirmed on January 3, 2023, that it has suffered an attack resulting in the loss of approximately $4.5 million worth of digital assets. The attack caused the protocol to accumulate bad debt in the WETH market, accounting for about 1.3% […]

The Comparison Between Bitcoin and Gold Many commentators compare Bitcoin with gold, suggesting that Bitcoin's finite supply makes it an attractive long-term store of value. Gold has historically been widely adopted as a currency, with examples such as the British Empire's sovereign and half-sovereign. However, it's important to note that the adoption of gold currencies

Introduction The Klaytn Foundation, a dedicated organization that aims to expand the Klaytn ecosystem, has revealed that Creder, one of its governance council members, will introduce a tokenized gold offering known as Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform designed to convert physical gold into GPC tokens.

Introduction Eleven spot bitcoin exchange-traded funds (ETFs) are edging closer to receiving approval from the U.S. Securities and Exchange Commission (SEC). The SEC has received proposed rule changes to list and trade all 11 spot bitcoin ETFs on stock exchanges. According to an ETF analyst, the approval process is almost complete, with the securities regulator

All eyes on the Federal Reserve This year, just like last year, market observers are eagerly awaiting decisions from the U.S. Federal Reserve regarding the federal funds rate. The focus is particularly on the potential rate cuts that may happen this year. According to Ellen Zentner, Morgan Stanley's lead economist in the U.S., rate reductions

Bitcoin, the leading cryptocurrency, broke through the $47K mark on Monday, driven by increased anticipation surrounding the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). Starting the day at $43,247 per unit, Bitcoin reached a peak of $47,281 by 2:10 p.m. Eastern Time (ET). Bitcoin Rally Crosses the $47K Milestone During Monday afternoon,

The Crypto App is a revolutionary all-in-one platform that caters to the needs of crypto traders and investors. With its comprehensive suite of tools and features, this powerful application enables users to gain a deeper understanding of crypto markets, implement data-driven trading strategies, and effectively manage risks. Whether you're a beginner or an experienced trader,

Introduction Koree, a fintech startup based in Cameroon, has recently secured $200,000 in pre-seed funding. The funding round was led by Tunde Akinnuwa, co-founder of Duplo, a Nigerian payments company. Koree plans to use the funds to launch a marketplace that rewards users for their purchases. Expanding Merchant Network and Customer Base Koree aims to

Introduction The U.S. Securities and Exchange Commission (SEC) recently faced a major embarrassment when its official social media account, known as the X account, announced the approval of spot bitcoin exchange-traded funds (ETFs). However, within minutes, SEC Chairman Gary Gensler clarified that the account had been compromised, and the post was unauthorized. This incident has

In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has given its approval for the listing and trading of 11 spot bitcoin exchange-traded funds (ETFs) on major U.S. stock exchanges. This long-awaited decision comes after years of anticipation and regulatory challenges. The approved spot bitcoin ETFs are set to begin trading on Thursday