In October 2024, Radiant Capital found itself embroiled in a security crisis that shook the decentralized finance (DeFi) community: a staggering $50 million hack. The perpetrators, reportedly linked to North Korea, executed their operation with a sophisticated blend of social engineering and malware dissemination. This incident ignited concerns about the vulnerability of DeFi platforms and
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Samuel Edyme, also known as HIM-buktu, has carved a distinctive niche in the world of Web3 content writing. His versatility shines not only in the articles he produces but in the authentic lived experiences he draws upon as he participates in the tumultuous landscape of cryptocurrency. From humble beginnings marked by deception to becoming a
Coinbase’s Project Diamond marks a significant step in the evolving landscape of cryptocurrency by focusing on institutional adoption beyond the borders of the United States. Launched by Coinbase Asset Management, Project Diamond is not just a platform, but a sophisticated ecosystem designed to cater specifically to institutional investors looking for secure and regulated avenues in
In an exciting turn of events for the digital finance sector, Singapore-based trading platform Crypto.com has entered a significant partnership with Deutsche Bank, a leading financial services firm based in Germany. This partnership marks a strategic move designed to elevate banking services for users across select regions. Initially, the collaboration will serve customers in Singapore,
In the ever-volatile world of cryptocurrencies, Ethereum has made headlines once again by recording a remarkable surge of over 10% in a single day. This increase not only represents a compelling recovery from previous dips but also highlights the invigorated spirit of the cryptocurrency market as a whole. As Ethereum inches closer to achieving its
As the cryptocurrency industry continues to expand rapidly, it faces an intricate web of regulatory challenges that could significantly impact its growth. One prominent voice advocating for a more approachable regulatory framework is Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC). Her recent comments, made during a Fox Business interview, underscore
The cryptocurrency landscape is once again undergoing a significant downturn, a phenomenon that has become all too familiar to traders and investors alike. Bitcoin recently fell below the $95,000 threshold for the second time in the span of just a few days, marking a notable shift in investor sentiment. This decline is not an isolated
In a significant development for the cryptocurrency landscape, Tether’s USDT stablecoin has been recognized as an Accepted Virtual Asset (AVA) by the Abu Dhabi Global Market (ADGM). This decision, made public in a statement from December 10, indicates a transformative shift in the financial services offered in one of the Middle East’s most prominent economic
As the world evolves, the perception of Bitcoin as an asset is undergoing a significant transformation. Recent remarks by Anthony Scaramucci during the Bitcoin MENA 2024 conference spotlight the increasing possibilities for countries, particularly China, to recalibrate their financial strategies with Bitcoin at the center. Scaramucci’s perspective emphasizes that the United States’ emerging acceptance of
In the fast-paced world of cryptocurrency, few assets have captured the attention of investors and analysts alike as much as Cardano (ADA). After a significant surge in value beginning November 5, attributed to a widespread bullish trend in the altcoin market, ADA has remained a focal point of ongoing discussions. However, the recent market volatility