Over the last month, the crypto airwaves have been filled with reports of the German government selling large amounts of Bitcoin. These sell-offs have negatively impacted the Bitcoin price, as well as the broader crypto market, sending the whole market into the red. However, while the German government has been the most prominent seller during […]
Dough Finance lost $1.8M in a flash loan attack due to smart contract vulnerability. Attacker exploited unvalidated calldata stealing USDC before converting the assets into 608 ETH. Users urged to withdraw funds to secure wallets. Dough Finance has fallen victim to a significant flash loan attack, resulting in a staggering loss of digital assets worth […]
IBM Quantum is making significant strides in the field of quantum computing, aiming to achieve practical quantum advantage through the development of scalable, error-corrected quantum systems. According to IBM Research, the company has a clear roadmap to address the challenges posed by noisy qubits and incorporate error correction techniques to […]
Kraken Head of Strategy Thomas Perfumo said spot Ethereum (ETH) ETFs could help the crypto sector while commenting on political developments in the US. On July 12, Perfumo told Bloomberg that spot Ethereum ETFs would attract capital flows while attracting attention to crypto, noting: “It’s a rising tide, lifts all boat story. “ Perfumo further […]
Contrary to last week’s performance, altcoins have registered notable upswings in the second week of July. While there are some astonishing entries, some stayed true to the wider expectations. From BeInCrypto’s observations, Notcoin (NOT), Celestia (TIA), and MANTRA (OM) are the top three biggest gainers. This analysis explains how it happened and points out a […]
Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in 2022. The firm’s total income for the period stood at €111.0 million, compared to €249.5 million in the previous year. The company’s adjusted EBITDA stood at negative -€5.5 million, aligning with market expectations, following substantial […]
Goldman Sachs plans to launch three tokenization projects before the end of the year. This move will allow the American multinational investment bank to effectively differentiate its offerings from market rivals. Traditional finance (TradFi) players are steadily entering the blockchain space as clients demonstrate growing interest in digital assets. Goldman Sachs Targets Institutional Clients With […]
The former United States president and current Republican presidential candidate, Donald Trump, is set to speak at one of the largest crypto events this month. A tweet by the official Bitcoin Conference X account revealed Thursday that Trump will be one of the speakers at the event, which is scheduled for July 25 to 27 […]
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court ruling classified Bitcoin and Ethereum as commodities under the Commodity Exchange Act. Behnam argues that the CFTC should have regulatory oversight of Bitcoin and Ethereum to protect investors. The CFTC chair outlined five legislative priorities […]
In a significant move to bolster account security, Binance has announced the rollout of multi-validator withdrawal verification for all corporate accounts that have successfully completed their Entity Verification (KYB), according to an official statement from Binance. Enhanced Security Measures The new feature is designed to provide an additional layer of […]
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