The decentralized finance (DeFi) platform LI.FI protocol recently fell victim to an exploit resulting in over $8 million worth of funds being stolen. Cyvers Alerts brought attention to suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI acknowledged the breach in a statement on July 16, warning users not to engage with any http://LI.FI powered
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Ubisoft is prepared to revolutionize the gaming world with the introduction of Champions Tactics, a highly-anticipated game that combines strategic gameplay with blockchain technology. The Champions Tactics free mint event, set to launch on July 15, provides players with the opportunity to mint up to 75,000 in-game champion figurines without any gas fees. This event
Recently, crypto analyst Linda has made a bold prediction regarding Ethereum’s price, suggesting that it could reach $4,000 in the near future. This bullish outlook is based on several factors, including the potential approval of Spot Ethereum ETFs. Linda emphasized the positive sentiment surrounding these funds, with many traders eagerly awaiting news from the US
JP Morgan, a prominent American multinational finance company, has recently expressed optimism about the future performance of Bitcoin, despite recent bearish trends in the market. The bank has provided a timeline for the conclusion of ongoing BTC liquidations, forecasting a potential rebound in the market. According to a research report released by JP Morgan, the
South Korean lawmakers have recently put forward a bill to postpone the implementation of crypto gain tax until 2028. The ruling political party expressed concerns about the current negative sentiments surrounding the crypto industry as the primary reason for seeking an extension. They emphasized the fact that with the declining investment sentiment towards virtual assets,
Metaplanet, a Tokyo-based investment firm, recently made a significant purchase of 42.4 Bitcoin for ¥400 million ($2.4 million) to add to their holdings. This move is part of the company’s efforts to strengthen its long-term financial strategy by holding the cryptocurrency as a “strategic treasury reserve asset.” The decision to invest in Bitcoin by Metaplanet
In the 2024 presidential election, it is clear that cryptocurrency has become a significant factor in shaping voter opinions. Recent polls have shown that a substantial number of Republicans have shifted their views on Donald Trump due to his newfound support for cryptocurrencies. This change in stance has influenced 13% of Republicans who initially did
The upcoming United States elections set for November have the potential to reshape the American crypto industry. This is mainly due to the conflicting views of candidates on digital assets. As the race heats up, it is becoming apparent that crypto voters could play a pivotal role in determining the outcome of key races, especially
The current state of Bitcoin’s price is hanging in the balance, with conflicting signals about whether it has hit a bottom or is poised for further decline. While some indicators suggest that the leading cryptocurrency has reached the bottom of its recent correction, others point to potential downward movement on the horizon. CryptoQuant’s latest weekly
The recent price movement of Bitcoin has shown signs of recovery, as the premier cryptocurrency climbed above $58,000 over the past week. A notable crypto analyst, Ali Martinez, has pointed out an interesting chart formation that indicates a potential continuation of this resurgence. According to Martinez’s analysis on the X platform, Bitcoin seems to be