Crypto News

Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack

Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible, while the remaining 45% will be converted to USDT-equivalent tokens and locked. “The fastest way to open the platformSource link

Upcoming US Election to Shape Future of Crypto Regulation

The US election could dramatically reshape crypto policy, with key figures like Kamala Harris and Donald Trump taking center stage. (Read More)Source link

Weekly NFT Sales Rise to $108.59 Million, Up 7.59%

Over the past week, non-fungible token (NFT) sales experienced a 7.59% rise, with $108.59 million in transactions finalized during the last seven days. Ethereum topped NFT sales for the week, generating $32.59 million, a 5.95% increase. NFT Market Gains Modest Momentum This Week Solana followed as the second leading blockchain, with NFT sales totaling $27.33Source link

Michael Saylor Says US Government Should Own ‘Majority’ of All Bitcoin

The co-founder of MicroStrategy says buying Bitcoin today would be like buying Manhattan for “paper and trinkets.”Source link

Ethereum Activity Surges as Crypto Market Remains ‘Healthy’: Report

A joint report from Coinbase and Glassnode highlights Ethereum growth amid a decline in price correlation across assets.Source link