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The Latest Breaking News on Crypto

WOOFi Exploiter Moves Over $700K ETH After DeFi Platform Offers Bounty

WOOFi's exploiter appears to have moved hundreds of thousands worth of Ether a day after stealing over $8 million in cryptocurrencies by breaching the DeFi platform's swap service on Arbitrum.

International Business Times

Nigeria Targets Cryptocurrency In Bid To End Naira Freefall

The world's biggest cryptocurrency exchange Binance is halting operations in Nigeria's naira currency as the government puts cryptobusinesses under increasing scrutiny.

International Business Times

CFTC Calls For Legislation To Regulate Crypto Amid Spike In BTC Value, Public Optimism

The CFTC has once again called for legislation that should regulate digital assets as public opinion for cryptocurrencies sees a significant shift and the value of certain cryptocurrencies continues to rise.

International Business Times

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DeFi Platform WOOFi Offers 10% Bounty After $8.75M Crypto Exploit

WOOFi's swap service on Arbitrum has been exploited for $8.75 million in cryptocurrencies, marking the first time the DeFi platform suffered such an incident.

International Business Times

Lena Network Apologizes After $2.9M Rug Pull Allegations That Caused Candy Token Plunge

Lena Network has clarified that the protocol project is "here to stay" following allegations that it pulled off an exit scam when it transferred some $2.9 million in Ether from investors to OKX.

International Business Times

Digital Currency Group, CEO Barry Silbert Move To Dismiss New York AG Lawsuit

DCG and its CEO have filed motions to dismiss the case filed by New York's attorney general, saying the allegations made in the complaint were mischaracterizations of a company that was supporting its subsidiary in good faith when it was financially troubled.

International Business Times

Potentially Double Your Investments With These 3 Financial Stocks

The strong US economic expansion in 2023, surpassing GDP estimates, is expected to benefit the financial industry by boosting lending, investment activity, and profitability for financial institutions. Hence, fundamentally solid financial stocks ORIX Corporation (IX), FLEETCOR Technologies (FLT), and Jiayin Group (JFIN) might be ideal buys for solid gains. Read…

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SEC Claims Binance.US 'Unwilling To Answer' Key Questions, Seeks Court Intervention

Binance.US and the SEC have made contradicting statements about the status of their case's discovery process, as the regulator wants court intervention while the crypto firm wants an end to the expedited discovery process.

International Business Times

Terraform Slams 'Government Overreach' In SEC's Bid To Push Out Dentons From Case

Terraform on Tuesday has called out the SEC's bid to get Dentons out of its case against the blockchain firm, saying the regulator was using an "unprincipled strategy."

International Business Times

Bitcoin Bridge Project OrdiZK Goes Dark With $1.4M Gone In Apparent Exit Scam

Bitcoin bridge OrdiZK, which was painted by its developers as a Bitcoin, Ethereum and Solana bridge, has reportedly vanished, taking with over a million worth of Ether into the unknown.

International Business Times

Tether Blacklists 4 USDT Wallets, 1 With A 20 Million Balance

Tether has once again blacklisted USDT wallet addresses, following the blocking of 28 wallets in December that could be the largest single-day blacklisting ever implemented by the blockchain platform.

International Business Times

Binance Announces Halt To Naira Services Amid Nigeria's Crypto Crackdown

Binance has urged users to withdraw, trade, or convert their NGN balances by Friday following the reported detainment of two of the exchange's senior executives and allegations of "suspicious flows" on the exchange.

International Business Times

DCLEX Is Revolutionizing Trading: Bridging TradFi With DeFi

DCLEX's objective is to guarantee that every digital asset it issues on the blockchain is backed by shares of the underlying asset, ensuring its redeemability for the real-world asset.

International Business Times

Bitcoin hits a record high. Here are 4 things to know about this spectacular rally

Bitcoin hit a record high, marking a remarkable comeback from a period known as the "crypto winter." A big catalyst behind the gains has been the approval of new bitcoin investment funds.

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International Business Times

Bitcoin Hits All-Time High: Bull Run Continues Amid Regulatory Buzz And Halving Hype

Analysts see this as a pivotal moment, highlighting bitcoin's resilience and its ability to bounce back despite challenges.

The Guardian - UK

Bitcoin: what has caused the cryptocurrency’s latest revival?

As the digital asset passes its previous record value set in November 2021, we look at the factors behind its rise

Latin Times

Bitcoin Surpasses the $69,000 Mark and Reaches a new All-Time High

The previous milestone had been achieved in November 2021 before plunging over two and a half years and reaching as low as $16,000

The Guardian - US

Bitcoin rises above $69,000 in new record high

Other cryptocurrencies such as ethereum also increase price amid general rally in the crypto market

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International Business Times

Latest BTC Rally Shows Crypto's Growing Mainstream Acceptance: Bitcoin Foundation Chairman

Bitcoin has come a striking distance away from its November 2021 all-time high, and there is much anticipation as the world's first decentralized cryptocurrency is due for a halving event next month.

International Business Times

SEC Delays Decision On BlackRock, Fidelity's Spot Ethereum ETF Applications, Seeks Public Opinion

The SEC has once again pushed back a decision on BlackRock's application for a spot ETH ETF, also delaying a decision on Fidelity's application – both companies filed an application in November.

International Business Times

Taiwan Will Introduce New Virtual Currency Draft Law In September: Regulator

Taiwan will introduce a new digital assets draft law later this year as the self-governing island looks to regulate what the territory's finance regulator chief said is a "quite risky and speculative" sector.

International Business Times

Hong Kong Regulator Flags BitForex For Suspected 'Fraud'

Hong Kong's securities regulator has warned against cryptocurrency exchange BitForex, which went dark late month following reported millions in withdrawals from the exchange's hot wallets.

AAP

Australian shares quiet as Bitcoin and gold surge

The local share market has finished down 0.15 per cent, while Bitcoin and gold were close to breaking their all-time record highs against the US dollar.

Latin Times

Bitcoin Hits $65,000 Milestone Amid Rising Demand and Influx of ETFs

BlackRock and Fidelity Investments' have obtained 79% of the entire inflow into Bitcoin's ETF ecosystem since its inception.

StockNews.com

Boost Your Bottom Line With These 3 Financial Stocks

The financial industry is set for robust growth and profitability, fueled by easy accessibility to digital financial services, rising consumer spending, sustained demand, and widespread adoption of digital technology. Therefore, investors could consider buying fundamentally strong financial stocks Morningstar (MORN), Qifu Technology (QFIN), and Manhattan Bridge Capital (LOAN). Read more.

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