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Introduction Multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has experienced a security breach, leading to a loss of $2.1 million. In the aftermath of the attack, a portion of the stolen crypto assets was quickly transferred to the ether mixing service Tornado Cash. Onyx Protocol Exposed On November 1, 2023, […]

Introduction Two U.S. lawmakers have recently urged the U.S. Department of Justice (DOJ) to investigate and potentially levy criminal charges against Binance and Tether. The lawmakers have alleged that these two cryptocurrency platforms were used to fund Hamas, a designated terrorist organization. The request for investigation highlights concerns about illicit activities and the need to

Rising Optimism and Increased Inflows According to the latest digital asset fund flows report by Coinshares, the digital asset market experienced a surge in optimism at the end of October, resulting in a significant inflow of funds. In fact, the market saw a record-breaking $326 million in fund inflows, the highest single-week gain in one

Introduction Vella Finance, a Nigerian fintech startup, has recently announced its decision to discontinue its crypto-related services and instead concentrate solely on providing banking services to small and medium-sized enterprises (SMEs). Co-founder Tolu Adedayo cited business reasons for this strategic shift. Vella Finance's Decision to Drop Crypto Services According to a report by Techcabal, Vella

Self-Directed Gold IRAs are an excellent way to make investments in gold without having to deal problems associated with purchasing physical bullion. This type of account permits investors to buy gold from the government directly, and then store it in their name. Although many prefer holding physically gold in their possession, everyone can access it.

South Korean Traders Favor High-Risk Altcoins A recent report suggests that South Korean cryptocurrency traders are more interested in investing in high-risk altcoins compared to their American counterparts. The study indicates that the trading volumes of major cryptocurrencies like bitcoin and ethereum on the largest Korean exchange are significantly smaller than those on the leading

Chainlink (LINK) Soars by 7% in a Single Day Chainlink (LINK) experienced significant gains over the weekend, with the cryptocurrency rising by as much as 7% in a single day. During today's session, LINK/USD reached a high of $11.59, bouncing back from a low of $10.80 recorded the previous day. The recent surge brings the

Introduction In a captivating tale of persistence and financial prudence, a Reddit user by the name of u/Gorillahair2000 embarked on a unique investment experiment to showcase the potential rewards of consistently investing small amounts into Bitcoin. This experiment aimed to determine whether allocating just $5 per day into Bitcoin was a worthwhile endeavor. Over the

The Decrease in Bitcoin Holdings on Exchanges Over the past 90 days, approximately 60,000 bitcoins, valued at just over $2 billion, have been withdrawn from various trading platforms. This withdrawal has significantly impacted the liquidity in the market, according to a recent report from Falconx. Currently, the number of bitcoins held on centralized exchanges is

Solana (SOL) Solana (SOL) experienced a significant surge in the market on Monday, as the cryptocurrency surpassed the $35.00 level. After reaching a low of $32.29 on Sunday, SOL/USD climbed to an intraday high of $35.17 at the beginning of the week. This marks the highest point that the cryptocurrency has reached since November 6