Harmony Team Detects $100 Million Horizon Bridge Theft
One of the biggest cryptocurrency breaches in recent weeks occurred after the Harmony Network discovered a theft on one of its well-known products, Horizon Bridge.
Cryptocurrencies
FTX CEO blames Fed Reserve for the Bear Market
The slump in the crypto market is being pushed by the aggressive rate hikes implemented by the US Federal Reserve to combat growing inflation,…
Bitcoin Recovers 10% in the Last 24h and Touches 20k Again
After a negative path that saw Bitcoin price drop significantly below the $20,000 support zone, drop over 10% and even drop below the $18,000…
Three Arrows Fails to Fulfill Margin Requirements from Lenders
Three Arrows Capital (3AC), a Singapore-based crypto hedge fund, has allegedly failed to fulfill margin calls from its lenders, increasing the specter of bankruptcy…
Crypto Lender Celsius Network is Under Investigation by Securities Regulators in Five States
Liquidity issues at crypto lending platform Celsius Network, which has left its over 1.7 million users unable to recover their holdings, could intensify regulatory…
The Crypto Market Stabilizes, Have We Hit the Floor?
Even in the middle of the global market fall this week after crypto lender Celsius blocked customer withdrawals and many other occurrences, bitcoin rebounded…
Delo, BitMEX Co-Founder Sentenced To 30 months Probation, Avoids Jail Time
Benjamin Delo, a co-founder of BitMEX, was sentenced to 30 months of probation for breaking US anti-money laundering laws by operating the offshore cryptocurrency…
Is the Future of 3AC Three Arrows Capital at Risk?
Rumours are circulating on social media that Three Arrows Capital (3AC), a Singapore-based crypto hedge fund manager, may be insolvent.
SEC Chair, Gary Gensler Worries About a New Cryptocurrency Bill
United States Securities and Exchange Commission (SEC) Chair Gary Gensler is concerned that a new proposal to create a regulatory framework for cryptocurrencies will…
After What Happened With Terra, Celsius Lockdowns Put The Market On Red Alert
A few weeks just after the abrupt demise of the Terra stablecoin that sent the crypto market into a huge downturn, another crisis is…
Bitcoin Could Reach $100K by Year-End, A PWC Survey Shows
According to a study conducted by the major financial services firm PricewaterhouseCoopers (PWC) titled “4th Annual Global Crypto Hedge Fund Report 2022,” the majority…