featrued

Lagarde's Son Ignored Her Advice About Crypto Investing The president of the European Central Bank (ECB), Christine Lagarde, recently shared that her son went against her advice and invested in cryptocurrency. Lagarde revealed during a town hall with students in Frankfurt that her son experienced a loss of approximately 60% on his investment. Despite this […]

Introduction The recent breach of the hot wallet at Poloniex, a popular crypto exchange, is suspected to be the work of the Lazarus Group, a hacking syndicate backed by North Korea. This analysis is based on observations made by market research platform X-explore, which noted similarities between the tactics used in this attack and a

The Singapore High Court has made a significant decision regarding Hodlnaut, a crypto lender, by ordering its liquidation. The court's objective is to ensure that the company's 17,000 customers are reimbursed following the aftermath of Terra's decline and Hodlnaut's subsequent $193 million deficit. Hodlnaut, a Crypto Lender, Faces a $193M Shortfall Hodlnaut encountered difficulties when

Prosecutors Urge Court to Restrict Ex-Binance CEO's Travel In light of the recent settlement between the U.S. Department of Justice and Binance, the world's largest cryptocurrency exchange, federal authorities are adamant that the exchange's former CEO, Changpeng Zhao (CZ), should remain in the United States until his sentencing in February 2024. Concerns Over Flight Risk

Introduction As we approach Thanksgiving, we would like to extend our gratitude to all our readers for their unwavering support throughout the year. On this joyous occasion, we wish you a delightful celebration filled with happiness and blessings. Now, let's delve into the exciting news of the week: gold's impressive performance and its implications for

OKX, one of the leading cryptocurrency exchanges, has recently announced its plans to expand to Brazil in the coming months. The exchange aims to provide a regulated crypto platform to Brazilian customers, prioritizing compliance with the regulatory requirements set by the Central Bank of Brazil. This strategic move allows OKX to offer a local experience

Bitcoin Price Fluctuations and Global Trading Volume On Monday, November 20, 2023, the price of bitcoin (BTC) hovers slightly above the $37K mark, marking the beginning of the week. Within the last 24 hours, BTC's price has moved between $36,441 and $37,516 per unit. Currently, bitcoin trades have generated a global trading volume of $15.55

The current state of the cryptocurrency market has bitcoin hovering around the $36,209 mark, with anticipation for potential shifts. In the previous day, BTC experienced a dip to $35,109 per coin, but it quickly rebounded and is now back above the $36K range. The release of the consumer price index (CPI), a crucial inflation gauge,

AI Cryptocurrencies Experience Substantial Growth In the early months of 2023, the AI-driven crypto market reached unprecedented heights, surpassing $4 billion in value. However, by the end of July, this sector experienced a significant decline, dropping to $2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto landscape,

Increasing Gold Holdings as a Backstop Aerdt Houben, the Director of Financial Markets for the Dutch Central Bank (DNB), recently discussed the rise in gold holdings and its potential as a hedge in a financial collapse scenario. Houben highlighted that the Netherlands, along with other European central banks, has been increasing its gold reserves as