A serious security flaw has been found in a widely used coding library called “elliptic,” which could let hackers steal cryptocurrency from users’ wallets. This affects many crypto projects and applications. How the Vulnerability Works The elliptic library helps developers build crypto apps faster by providing pre-written code. Unfortunately, a bug in this library allows…
A new class-action lawsuit claims that Capital One’s negligence led to a massive data breach, exposing the personal information of thousands of customers. The lawsuit alleges that a significant security lapse allowed an unauthorized person to access sensitive data. What Data Was Exposed? The breach, spanning from August 11, 2022, to May 22, 2023, allegedly…
President Trump’s memecoin, “Official Trump” (TRUMP), took a major hit after the White House announced new tariffs. Tariffs Tank Markets The White House’s new tariffs, a 10% baseline tariff on all imports starting April 5th and additional “reciprocal tariffs” on specific countries (up to 54% on China starting April 9th), sent shockwaves through the markets….
Republic, a major financial firm backed by Morgan Stanley, is buying INX, a platform for trading crypto and tokenized securities. The deal, valued at up to $60 million, will see Republic acquire all of INX’s outstanding public shares. A Big Move into Digital Assets This acquisition allows Republic to dive headfirst into the world of…
Dogecoin’s open interest is plummeting, raising concerns about its price. Let’s dive into what’s happening. Open Interest Takes a Dive The amount of outstanding Dogecoin contracts (open interest) has fallen significantly. It’s currently around $1.57 billion, a far cry from its January peak of $5.42 billion. This drop is even lower than levels seen in…
Bitcoin recently had a brief surge towards $88,000, but it quickly fell back below $83,000. What gives? Short-Term Holders Are Cooling Off The problem? Short-term Bitcoin holders aren’t buying as much as they used to. This slowdown in buying activity is a red flag, suggesting weakening demand and less confidence in Bitcoin’s short-term prospects. This…
Bitcoin’s price is stuck in a tight range, hovering around $83,000. Buyers haven’t been able to push it back above $90,000, and sellers haven’t managed to break below $81,000. This uncertainty is fueled by global economic worries and recent tariff announcements. A Glimpse of Hope: The “Dead Cross” Model Despite the gloomy outlook, analyst Axel…
Trump’s recent mass tariffs are causing major ripples in the global economy, especially in the crypto market. History shows us that similar large-scale tariff implementations have happened twice before in the US, and the results weren’t pretty. A Look Back at Past Tariff Troubles A market commentator pointed out that events similar to Trump’s tariffs…
Ethereum’s price has been struggling lately. It’s currently trading below $1900, a far cry from its peak. Many investors are disappointed, as the year started with much higher hopes. Whales Accumulate ETH Despite the gloomy outlook, some big players are making moves. Data shows that Ethereum whales—those holding massive amounts of ETH—added over 130,000 ETH…
Yala, a platform focused on Bitcoin liquidity, just announced RealYield, a new marketplace letting Bitcoin holders earn returns on real-world assets (RWAs). What is RealYield? RealYield is a platform that connects Bitcoin with investments like U.S. Treasury bills, corporate bonds, and real estate. It’s designed to be easy to use, letting you explore different investment…
