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Exploit Results in $3.3M Loss for Socket Protocol, Urgent User Action Required to Revoke Approvals

Benito Cormi2 years ago2 min read

Socket Takes Rapid and Transparent Action Following $3.3 Million Breach Socket, a cross-chain protocol that enables interactions in the blockchain ecosystem, has acknowledged a security breach…

Investors in a State of Uncertainty as the Fed Remains Ambiguous about Rates – US Stocks, Bitcoin, and Gold Experience Declines

Benito Cormi2 years ago3 min read

The Effect of Treasury Yields on Stock Indices The leading trio of U.S. stock indices – Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500…

Boosting Market Dynamics: NYSE’s Strategic Move with Bitcoin ETF Options

Benito Cormi2 years ago3 min read

New York Stock Exchange Proposes Options Trading for Bitcoin ETFs NYSE Arca Inc. has made a groundbreaking move by submitting a proposal to amend its rules…

Observing Whale Activities: $2 Billion Worth of Bitcoin Resurfaces, Emerging from Extended Inactivity

Benito Cormi2 years ago2 min read

$2 Billion in Dormant Bitcoins Moved after 10 Years In a recent update posted on social media by Arkham Intelligence, it has been revealed that around…

Massive Bitcoin Outflow: Grayscale Witnesses $477 Million Exodus Amid Blackrock and Fidelity ETFs Increasing Holdings

Benito Cormi2 years ago3 min read

Data shows decrease in GBTC holdings as Blackrock and Fidelity Bitcoin ETFs expand Recent data reveals that since the update on Grayscale’s website three days prior,…

Impressive Early Success of Bitcoin ETFs: Generating $9.6 Billion in Just 3 Days

Benito Cormi2 years ago3 min read

Decrease in Trading Activity for Bitcoin ETFs On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable…

BTC Price Analysis: Bitcoin Holds Above $42,000 Despite Downtrend Indicators

Benito Cormi2 years ago2 min read

Bitcoin Holds Steady Above $42K as Market Consolidates Bitcoin’s price has been consolidating on the 1-hour chart, showing less directionality compared to longer timeframes. There was…

Closure of $2.3 Million Strategic Funding Round Unveiled by Nigerian Cryptocurrency Startup

Benito Cormi2 years ago2 min read

Lowering the Cost of Doing Business Nigerian crypto startup Canza Finance has recently raised $2.3 million in a strategic funding round, bringing its total capital raised…

Navigating Challenging Waters: USDC’s Journey Explored in Circle Report 2023

Benito Cormi2 years ago3 min read

A Challenging Year for USDC’s Circulating Supply A recent report by Circle reveals that 2023 was a difficult year for USD Coin (USDC). The circulating supply…

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