So, here we are, folks. Base, the layer-2 network from Coinbase, which was supposed to be the next big thing, is now in a bit of a pickle. I mean, it had a strong debut, right? But now? It’s like watching a slow-motion train wreck. 🚂💥 According to some fancy analytics from IntoTheBlock, the Base … Read more
“Crypto’s Largest Heist: North Korea, $1.5B, and Oh, ‘Blind Signing’ Madness! 🚨🤯” Crypto’s Largest Heist: North Korea, $1.5B, and Oh, ‘Blind Signing’ Madness! 🚨🤯 What to know: Arkham asserted that the Lazarus Group, infamous North Korean hackers, orchestrated the $1.5 billion crypto heist, according to ZackXBT. 🕵️♂️ The culprit? A sinister little trick called “Blind … Read more
Oh, gather ’round, dear friends, for a tale of woe and wonder in the wacky world of cryptocurrency! It seems that our beloved BTC has taken a nosedive, plummeting faster than a goose on roller skates—over four thousand dollars since its peak! Can you believe it? 💸 And what’s this? The altcoins are joining the … Read more
What to know: In a plot twist worthy of a soap opera, early gains in cryptos and crypto-related stocks were rudely interrupted by a $1.5 billion Bybit hack. Ouch! 💥 As if that wasn’t enough, U.S. stocks decided to join the party and took a nosedive, putting even more pressure on crypto. Talk about a … Read more
Ah, the esteemed financial regulator, that grand institution of oversight, seems to be loosening its grip, as if it were a weary old man untying his shoelaces after a long day of chasing after errant crypto companies. Yet, lo and behold! Those with deadlines looming like dark clouds on the horizon still find themselves in … Read more
In a twist of fate, the SEC has chosen to wave goodbye to its lawsuit against Coinbase, a triumph for the crypto realm. Coinbase, with a wink, calls for regulations that are as clear as a mountain stream, to nurture innovation and let the market blossom. Ah, the U.S. Securities and Exchange Commission (SEC), in … Read more
TL;DR Finance sage Gary Cardone tossed his XRP holdings, citing murky supply/demand waters and a skeptical view of the Ripple crowd. Yet, the potential for a spot XRP ETF and the ongoing Ripple-SEC saga might just be the silver lining for this beleaguered asset. ‘Never Follow the Crowd’ In the vast, sprawling landscape of the … Read more
In a world where crypto traders often feel like they’re navigating a foggy swamp with a blindfold on, Bybit has decided to turn on the floodlights. Yes, folks, they’re sharing real-time liquidation data, which is like giving a map to a lost traveler—if that map were drawn by a particularly enthusiastic octopus. Bybit has taken … Read more
What to know: In a twist of fate, Binance‘s czar, CZ, has suggested that Bybit freeze withdrawals after a rather unfortunate $1.5 billion hack. Who knew money could vanish faster than a magician’s rabbit? 🐇✨ “I’ll provide any assistance if needed,” CZ added, probably while sipping a cup of coffee and contemplating the absurdity of … Read more
Sam Bankman-Fried, the erstwhile crypto prodigy now cloaked in the ignominy of fraud, seems to have discovered a novel asset class: the fickle whims of political fortune. 🎰 Once a darling of Democratic coffers, the former FTX maestro now serenades the Department of Justice, the judiciary, and the very machinery that ensnared him in one … Read more