Crypto News

Coinbase reportedly knew of a January data leak at outsourcing firm TaskUs, tied to a wider breach and a $20 million extortion attempt.Source link

Bitcoin experiences a significant correction after a 50% surge, while macroeconomic pressures and trade tensions influence market dynamics, according to Bitfinex Alpha. (Read More)Source link

Bitfinex analysts warn crypto markets are preparing for increased volatility as bitcoin undergoes its first significant correction since hitting a new all-time high and options markets show signs of overheating. Record Crypto Options Open Interest Coincides with Bitcoin Pullback According to Bitfinex analysts, bitcoin (BTC) dropped nearly 8% from its record peak of $111,880, reachedSource link

Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.Bitcoin BTC is trading around $106,402.39 as Asia begins its trading day, up roughly 0.9%, recovering slightly from a weekend decline attributed to significant outflows from spot Bitcoin ETFs and increased geopolitical uncertainty. The largest digital asset by market cap had previously dropped 2% from $105,987 to $103,748 amid notable trading volume spikes, influenced by $616 million in ETF outflows, marking the end of BlackRock's iShares Bitcoin Trust's 31-day inflow streak, and heightened tensions from stalled U.S.-China trade...

NVIDIA's NeMo Framework introduces efficient techniques for long-context LLM training, addressing memory challenges and optimizing performance for models processing millions of tokens. (Read More)Source link