What to know: Bybit, in a dramatic twist of fate, faced a $1.5 billion hack and a staggering $4 billion “bank run,” culminating in a total outflow of $5.5 billion. Talk about a financial exodus! In a moment of sheer leadership, Bybit’s CEO Ben Zhou addressed the calamity, emphasizing the urgent need for loan coverage, … Read more
Ah, the delightful world of cryptocurrency, where fortunes are made and lost faster than one can say “blockchain.” In the year of our Lord, 2024, the average investor, bless their optimistic heart, saw their digital treasure chest swell by a staggering $5,482, as reported by the ever-reliable CoinLedger. One must wonder, is it luck or … Read more
🚨💸 Bitcoin Bonanza: African Firm Goes All In! 🤯 South Africa’s AltVest Capital Embraces Bitcoin Reserve Strategy AltVest Capital is on a mission to raise $10 million to boost its Bitcoin stash 🤑 The corporation sees Bitcoin as a clever way to hedge against currency devaluation 🤑 Oh, the absurdity of it all! 🤣 South … Read more
Oh, darling, gather ’round! It seems we have a rather scandalous tale from the glittering world of finance. Our leading lady, Ho Kai Xin, a former payroll processing maven at WeChain Fintech Singapore, has been sentenced to a staggering nine years and 11 months in the clink for her rather audacious escapade of embezzling over … Read more
When a Chinese court says “no” to your crypto dreams, it’s not just a suggestion. It’s a lifestyle choice. So, picture this: a Singaporean investor named Mr. Pan, who apparently thought he was the next crypto millionaire, teams up with a Chinese citizen, Mr. Tian. Together, they dive headfirst into a blockchain project, armed with … Read more
What to know: Oh the drama! Ether’s price soared higher than a Victorian ego after whispers of a hacked exchange buying back its own plundered treasure. The cunning thief now possesses 489,000 ETH valued at an opulent $1.34 billion, becoming the 14th-largest holder of this virtual elixir. Experts, with all their solemn gravitas, suggest the … Read more
Unlock the Secrets of Crypto Trading: You Won’t Believe What Binance Square Just Did! 😱💰 Trader profiles provide insight into portfolio strategy and results. Users can share trading data while keeping privacy and control. So, Binance Square, the social media playground for crypto enthusiasts, has just dropped a shiny new feature: Trader Profiles! 🎉 It’s … Read more
🚨 NFT-geddon Averted? 🚨 NFT-geddon Averted? What’s the haps, then? The SEC, those lovable scamps, have decided to shut down their investigation into OpenSea. Yes, you heard that right – the NFT marketplace is off the hook! 🎉 This news has sent shockwaves of joy throughout the cryptocurrency industry and NFT creators, who were no … Read more
Ah, the world of cryptocurrency, where fortunes are made and lost with the flick of a digital switch! In a rather dramatic turn of events, the esteemed exchange known as Bybit has found itself in a rather precarious situation, having recently endured a most unfortunate security breach. One might say it was akin to a … Read more
In a turn of events that could only be described as a financial farce worthy of a Wodehouse novel, the on-chain analytics platform Nansen has unveiled a report that delves into the aftermath of the infamous LIBRA token. Spoiler alert: it’s not a happy ending for most. According to the findings, a staggering 86% of … Read more