HTX Faces Fourth Hack in Two Months, Losing $30M
HTX, formerly Huobi Global, grapples with its fourth hack in two months, losing $30 million, raising concerns about the exchange's security despite reassurances from executives.
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Blockchains achieving revenue-to-expense ratios comparable to company stocks
10/09/2024 22:51
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Bank of Korea pioneers a revolutionary CBDC pilot involving 100,000 citizens, marking a significant step towards the Digital Won era.
Hui XinU.S. Prosecutors Challenge Former Binance CEO CZ's Bond Conditions
Former Binance CEO CZ Zhao faces travel restrictions as U.S. prosecutors challenge bond conditions, citing flight risk concerns amidst legal troubles, while the cryptocurrency market rebounds from regulatory scrutiny.
JasperJPMorgan Anticipates $2.7 Billion Outflows from GBTC Upon ETF Conversion
JPMorgan analysts forecast potential outflows of over $2.7 billion from the Grayscale Bitcoin Trust (GBTC) upon its conversion to an ETF, citing traders' speculative accumulation driven by the discount to net asset value.
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Hui XinFrom Crypto to Fishy Business: Sam Bankman-Fried Navigates Trade in Prison
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SBF now explores an unexpected economy in Brooklyn's Metropolitan Detention Center. Cooling his heels while awaiting sentencing, he delves into the world of prison economics, where mackerel replaces cigarettes as the preferred currency. SBF's unique adaptation involves trading pouches of preserved fish, known as 'macks,' for services within the confines of the detention centre.
JoySocial Platform X Restricts Former Binance CEO's Account Amidst Profile Name Change
Former Binance CEO Changpeng "CZ" Zhao faced account restrictions on social media platform X (formerly Twitter), post-resignation linked to a $4.3 billion settlement with the U.S. Department of Justice. The platform hinted at rule violations, and CZ attributed the restriction to a flawed bot detection algorithm, raising uncertainties about his future activity despite Richard Teng assuming Binance's leadership role.
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