Crypto News

U.S. Cyber Authorities Investigate Binance Trust Wallet iOS App for Vulnerabilities

The Binance-owned wallet has been the victim of multiple cyber attacks during 2023.Source link

Bitcoin Hits $52K as BTC Exchange Liquidity Grows at Blistering Pace

Growing Bitcoin ETF interest from Wall Street and the upcoming halving are extremely bullish for BTC, according to analysts.Source link

Bakkt Advances with $150 Million Capital Raise Initiative

Bakkt Holdings, Inc. receives SEC's nod for a "universal shelf" registration, paving the way for up to $150 million capital infusion over three years, enhancing its strategic financial flexibility and growth potential in the digital asset sector. (Read More)Source link

Solana’s SOL Futures Rack Up $1B in Record Bullish Bets

The present bias towards long positions means potential for a long squeeze, where investors who hold long positions feel the need to sell into a falling market to cut their losses.Source link

Stablecoins Are the ‘Biggest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Bank Governor

The New Zealand Central Bank governor, Adrian Orr, recently branded stablecoins “the biggest misnomers” and “oxymorons.” Orr also rejected the notion that cryptocurrencies could serve as a replacement or supplement to central bank-issued money. Stablecoins Not a Viable Substitute for Money Despite their rise as an alternative to fiat currency in some regions, stablecoins areSource link