Polter Finance Halts Operations After $12 Million Flash Loan Hack
TL;DR Polter Finance halted operations following a hack that drained $12 million from its platform. The stolen funds were traced back to Binance, and the...
Cryptocurrencies
Spot Bitcoin ETFs Surge with $1.7B Weekly Inflows
TL;DR Bitcoin spot ETFs hit $1.7 billion in weekly inflows, marking six consecutive weeks of positive flows. Assets under management by these ETFs represent 5.27%...
The Crypto Market Awaits $4 Billion Options Expiry: What Will Happen?
TL;DR The expiration of $4 billion in Bitcoin and Ethereum options could trigger significant volatility in the crypto market. The maximum pain points are set...
Bitfinex Hacker Sentenced for Laundering Billions in Stolen Bitcoin
TL;DR Ilya Lichtenstein was sentenced to five years in prison for his role in the 2016 Bitfinex hack, which resulted in the theft of 120,000...
Bitcoin ETF Outflows Hit $400M as Investors Take Profits
TL;DR Bitcoin breaks its six-day winning streak with $400 million outflow from ETFs on Nov. 14. BlackRock’s ETF bucks the trend with $126.5 million inflow,...
Coinbase Wallet to Integrate a Tap-to-Pay System to Compete with PayPal
TL;DR Coinbase Wallet will soon launch a “tap-to-pay” functionality for cryptocurrency payments, competing with platforms like Cash App and PayPal. The tool will allow users...
Arca and BlockTower to Merge, Creating a Major Player in Crypto Asset Management
TL;DR Arca and BlockTower Capital have announced their intention to merge, aiming to create a formidable entity in the crypto asset management sector. The merger...
Bitcoin Surpasses $90,000, But Faces a Temporary Correction Due to Dollar Strength
TL;DR Bitcoin surpassed $90,000 but faces a temporary correction due to the strength of the U.S. dollar, which could slow its rise. The strengthening of...
Robinhood CEO Predicts Bitcoin Boom Under Trump’s Pro-Crypto Administration
TL;DR Robinhood CEO Vlad Tenev links Bitcoin’s rise to Donald Trump’s upcoming term. Trump promises to make the US a global hub for cryptocurrency innovation....
DeFi Technologies Launches SolFi to Expand Investor Access to the Solana Ecosystem
TL;DR DeFi Technologies launches SolFi Technologies, a company focused on providing direct access to the Solana ecosystem. SolFi will use validator nodes and advanced algorithms...