Bitcoin ETFs see $4 billion in quantity, with spot ETFs accountable for $3 billion
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Bankrupt FTX’s token valuation rebounds to over $1 billion as prospects contest chapter plan
Bankrupt FTX’s native token FTT market capitalization surpassed $1 billion once more after a current decline. Because the cryptocurrency alternate abruptly collapsed following a financial institution run in November 2022, it solely briefly traded over $1 billion towards the top of final 12 months, reaching $1.67 billion earlier than declining again to beneath $850 million. The […]
This BTC core developer stated Bitcoin had ‘failed’ precisely 8 years in the past
Eight years in the past, on Jan. 14, 2016, early Bitcoin developer Mike Hearn famously declared he had bought all his BTC as a result of the flagship cryptocurrency had “failed” and would solely “pattern downward” in the long run. Nonetheless, years later, Bitcoin has defied virtually all the somber predictions of its early developer […]
Over 4k Solana customers misplaced greater than $4 million to phishing assaults final month
Phishing scammers have siphoned off over $4 million from Solana wallets in December 2023, in keeping with estimates posted on X by Rip-off Sniffer, a scams tracker. The assaults affected round 4,000 customers, in keeping with the Rip-off Sniffer. The stolen belongings embody these robbed by the rainbow attacker by means of an airdrop phishing […]
BlackRock CEO’s crypto pivot continues, turns bullish on tokenization to remove ‘corruption’
BlackRock’s spot Bitcoin ETF launch was highlighted in an interview with CEO Larry Fink on CNBC. Fink, who had beforehand expressed skepticism about Bitcoin, now views it as a viable asset class, although not a possible forex. This transformation of stance aligns with BlackRock’s broader technique of embracing technological developments within the monetary sector, primarily […]
BlackRock scoops up 11,500 BTC throughout dip as ETF leads the pack
BlackRock has reportedly purchased a staggering 11,500 Bitcoin from the obtainable provide throughout the newest dip because the launch of its spot Bitcoin ETF. This quantity is important, contemplating that solely 900 BTC are issued each day. The acquisition by BlackRock successfully represents about 13 days’ price of Bitcoin manufacturing being absorbed by a single […]
Indians are turning to native exchanges amid clampdown on overseas platforms
India blocked entry to international crypto exchanges, together with Binance, KuCoin, and OKX, on Jan. 12. India has instituted an IP block that forestalls Indians from accessing the URLs of overseas crypto platforms. As per CryptoSlate’s investigation, nonetheless, it was nonetheless doable to entry the web sites of Binance, OKX, and KuCoin by way of […]