The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders. Read More at https://cointelegraph.com/news/aave-trident-launch-100m-onchain-fixed-yield-loan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Binance recovers $73M in stolen funds, surpassing 2023 security efforts
Binance’s proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024. Read More at https://cointelegraph.com/news/binance-recovers-73m-stolen-funds-q3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto trading volumes surge 19% in July, hitting $4.94 trillion
With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity. Read More at https://cointelegraph.com/news/crypto-trading-volume-surges-19-percent-july?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Over $350M Ether set for withdrawal in the next 9 hours. Can ETH price remain above $2.2K?
Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout. Read More at https://cointelegraph.com/news/ether-350m-unlocks-eth-price-2-2k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Immutable to shut down NFT marketplace
Immutable wrote that they would rather support marketplaces within the ecosystem than compete. Read More at https://cointelegraph.com/news/immutable-closes-nft-marketplace-ecosystem-focus?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US to establish Bitcoin tax-free zone for digital economy growth
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance. Read More at https://cointelegraph.com/news/bitcoin-tax-free-zone-us-economic-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WazirX to reverse trades after $235M crypto hack
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Read More at https://cointelegraph.com/news/wazirx-undo-trades-withdrawal-halt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MetaMask users gain 2FA security via MultiversX Snap integration
The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection. Read More at https://cointelegraph.com/news/multiversx-new-metamask-2fa-integration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash
The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry. Read More at https://cointelegraph.com/news/nomad-bridge-hacker-transfers-35m-eth-tornado-cash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown. Read More at https://cointelegraph.com/news/bitcoin-speculators-93-unrealized-losses-365m-wipeout?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound