In April 2024, Web3 saw a loss of over $53 million to hackers across 21 incidents, a 46% decrease when compared with the previous period, found the latest report by the crypto-focused bug bounty platform Immunefi. To be more precise, $53,074,827 was lost to hacks and frauds this past month. Notably, in April 2023, this...
As the market shows tentative signs of revival ahead of US nonfarm payroll, the Bitcoin price recently halted its downward trend and surged past the $59,000 mark, reaching an intraday high of nearly $59,992. This movement comes amidst a broader uptick in the cryptocurrency market, where peers like Ethereum, Dogecoin, Ripple, Solana, and Litecoin also...
The Singapore stock market has moved higher in three straight sessions, collecting more than 15 points or 0.5 percent along the way. The Straits Times Index now rests just beneath the 3,300-point plateau and it may extend its gains on Friday. The global forecast for the Asian markets is upbeat on an improved outlook for...
Nibiru Chain, a $100 million HashKey and Kraken Ventures-backed Layer 1 blockchain, has announced two senior hires from Yuga Labs and Starknet Asia as part of its Asia expansion. The project has appointed Yura Nam, an ex-head of StarkNet Asia, and Nicholas Lo, a former APAC Growth Manager at Bored Ape Yacht Club (BAYC) developer...
Bitcoin investors are facing a tough challenge as they try to recover from a two-month price low for BTC. The recent Bitcoin price rebound has been limited, however, due to strong resistance. Despite a 6.2% recovery from this week’s low, BTC has not been able to surpass crucial trendlines. Moving Average Threatens BTC Price “Ordeal”...
The Taiwan stock market has moved lower in back-to-back sessions, stumbling almost 275 points or 1.4 percent along the way. The Taiwan Stock Exchange now sits just above the 20,220-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is upbeat on an improved outlook for interest rates....
Senator Cynthia Lummis (R-WY) criticized the U.S. Department of Justice (DOJ) on Wednesday for its controversial stance on self-custody wallets after unlicensed money-transmitting charges were brought against crypto mixers Tornado Cash and Samourai Wallet. “I am deeply troubled by the Department of Justice’s hyper-aggressive argument that non-custodial software can constitute a money transmission service,” Lummis...
The Bitcoin (BTC) price has powered back into the mid-$61,000s in wake of a softer-than-expected US labor market report which has boosted hopes that the Fed cuts interest rates more than once before the end of 2024. ❖ US Labor Apr Nonfarm Payrolls +175K; Consensus +240K ❖ US Apr Unemployment Rate 3.9%; Consensus 3.8% ❖...
The Hong Kong stock market has moved higher in eight straight sessions, gathering more than 2,000 points or 11.8 percent along the way. The Hang Seng Index now sits just above the 18,200-point plateau and it\'s nonetheless tipped to open higher again on Friday. The global forecast for the Asian markets is upbeat on an...
The Binance Nigerian money laundering trial against the crypto exchange and its two executives, Nadeem Anjarwalla and Tigran Gambaryan, has been postponed to May 17, Thursday media reports confirm. According to Reuters, a lawyer for Binance requested the delay during a court appearance Thursday, claiming he had yet to receive necessary proof of evidence related...