Crypto News
Lazarus Infects New Batch of JavaScript Packages With Crypto Stealing Malware: Researchers
"The tactics, techniques, and procedures (TTPs) observed in this npm attack closely align with Lazarus’s known operations," a cybersecurity research said.Source link
Bitcoin Stalls Even as Inflation Cools
The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.58, and is currentlySource link
Why There’s More to BNB Than Meets the Eye
Many investors dismiss BNB as simply "the Binance coin," but that designation fails to recognize its broader value unlocks. While BNB was initially launched as the native token of the Binance Chain (now the BNB Smart Chain), and its early token burns were tied to Binance’s quarterly profits, BNB is evolving into a decentralized asset with multiple use cases and reasons for economic value.While BNB may enjoy some value accrual from the expansion of Binance, its token supply model and the development of the BNB Chain offer two independent sources of value. First, BNB serves as a store of value through quarterly and fixed-ratio BNB burning mechanisms. Second, it powers smart contract functionality via the BNB Smart Chain, which has...
Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins
Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.Source link
U.S. Treasury Market Most Volatile in 4 Months May Slow Any Bitcoin Price Recovery After CPI
The U.S. Treasury market is experiencing its highest volatility in four months, potentially jeopardizing an expected bitcoin (BTC) price recovery.U.S. inflation data for February came in softer-than-expected, strengthening the case for Federal Reserve interest-rate cuts. The reading encouraged some analysts to forecast a bitcoin price recovery to $90,000 and higher. It's currently around $82,000."With inflation cooling and recession fears still looming but not worsening, Bitcoin could be on the verge of its next major breakout, pushing past the stubborn sub-$90K range," Matt Mena, Crypto Research Strategist at 21Shares, said in an email.Any upswing, however, could unfold slower than expected as the Merrill Lynch Option Volatility Estimate Index (MOVE), which measures the expected 30-day volatility in the U.S. Treasuries market, has risen...