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Poloniex Suffers $114 Million Hot Wallet Theft; Justin Sun Vows to Retrieve Funds

Benito Cormi3 years ago2 min read

Poloniex Hit by $114M Hot Wallet Breach An unusual outflow from the cryptocurrency exchange Poloniex has raised concerns of a possible hot wallet breach, with reports…

Analysis of Bullish Trends and Overbought Signals in Bitcoin and Ethereum

Benito Cormi3 years ago2 min read

Crypto Market Remains Strong Amidst Stock Slump Despite a recent dip in global equities following Jerome Powell’s speech, the crypto market continues to thrive with an…

Optimizing Efficiency in High Fee Environments: A Comprehensive Bitcoin UTXO Consolidation Guide

Benito Cormi3 years ago4 min read

Understanding UTXOs and Their Role in Your Wallet When you receive bitcoin (BTC), the transaction generates UTXOs, which is essentially the “change” that you can spend…

Circle Enhances USDC and EURC Stablecoins with Gas and Security Upgrades

Benito Cormi3 years ago3 min read

Circle’s Latest Upgrade for Stablecoin Suite Circle has announced a new v2.2 upgrade for its digital stablecoins, usd coin (USDC) and euro coin (EURC). The upgrade…

SEC Chair Gensler Emphasizes Importance of Legal Compliance for Cryptocurrency Participants

Benito Cormi3 years ago2 min read

Gary Gensler’s Advice for the Crypto Industry In a recent interview, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), discussed the importance…

Ripple’s Payment Network Expands to Over 70 Crypto and Traditional Markets for Payouts

Benito Cormi3 years ago2 min read

Ripple’s Enhanced Payments Network Ripple has broadened its payments network to encompass more than 70 crypto and traditional payout markets. This expansion amounts to 90% of…

Legislation Passes to Restrict SEC’s Power in Crypto Enforcement

Benito Cormi3 years ago2 min read

House Passes Amendment to Limit SEC Authority on Crypto Industry The U.S. House of Representatives has approved an amendment by Congressman Tom Emmer (R-MN) that aims…

Blackrock Seeks Approval for Ethereum Trust ETF on Nasdaq, Targets Entry into Cryptocurrency Market

Benito Cormi3 years ago2 min read

Blackrock Expands Crypto Investment Opportunities with Ethereum Trust Filing In a significant move for cryptocurrency investment vehicles, Blackrock Inc., through its subsidiary Ishares Delaware Trust Sponsor…

Legislator Proposes ‘Protect Your Right to Use Self-Hosted Wallets Act’

Benito Cormi3 years ago2 min read

Keep Your Coins Act: Senate Introduction Senator Ted Budd (R-NC) recently introduced the Keep Your Coins Act in the Senate to safeguard individuals’ right to conduct…

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