Crypto news

Singapore-based cryptocurrency exchange – Bybit – has released its 12th proof of reserve (PoR) report, which highlights significant changes in user asset holdings compared to the previous month. The current PoR revealed a Bitcoin reserve ratio of 107%, Ether’s at 105%, and Tether’s at 103%. Bybit’s 12th PoR The report shows that Bybit’s wallets held 48,298 BTC against a user balance of 44,872 BTC as of July 10th. The exchange’s wallets also contain 438,107 ETH and...

The WazirX hackers, purported to be part of the North Korean Lazarus Group, have converted the altcoins from their loot into ETH. Wallet activity shows $90.2 million worth of SHIB, $10.2 million of MATIC, and about $7.5 million of PEPE exchanged for ETH. As the hack concluded, the bad actors held $52 million in ETH. Now, that amount has risen to $201 million after the conversions. Spot On Chain, an on-chain insights firm, posted on X, “The total $ETH holding of #WazirX exploiter has risen to...

UEEx is set to launch its platform token, UECoin (UE), on July 18, 2024. This article provides a detailed overview of UECoin’s design objectives and acquisition methods. What is UECoin? UECoin (UE) is a cryptocurrency designed to support the trading ecosystem of UEEx. The total supply of UE is strictly limited to 10 billion tokens, aiming to become one of the most popular functional tokens worldwide. UE can be traded like any other cryptocurrency and offers a wide range of applications...

Bitcoin’s price surged back above $66,000 on Friday, reclaiming its highest market value since early June. The digital asset ripped from $64,102 at 13:27 UTC on Thursday up to $66,472 at 17:00 UTC. It trades for $66,332 at writing time. This is the highest price Bitcoin has achieved since early June, shortly after the Securities and Exchange Commission (SEC) approved Ethereum (ETH) spot ETFs for listing on national securities exchanges. Experts say the first set of Ethereum...

In response to the devastating $230 million security breach, WazirX revealed that it has filed a formal police complaint and is exploring additional legal avenues to hold those responsible accountable. Immediate actions include reporting the incident to the Financial Intelligence Unit (FIU) and the Indian Computer Emergency Response Team (CERT-In). WazirX’s Comprehensive Action Plan In the latest update, the Indian crypto exchange also said that it has reached out to over 500...

Pawfury (PAW) emerges as a standout option in the crypto sphere, offering low-entry presale prices, high-yield staking rewards, and a special promotional bonus. With a robust ecosystem and growing investor interest, Pawfury presents a promising opportunity for investors in the digital asset space. Pawfury (PAW) is rapidly emerging as a standout option in the competitive and dynamic world of cryptocurrencies, representing a potentially lucrative opportunity for both seasoned investors and...

Industry insiders broke the news of the SEC mentioning July 23 as the date that ETH ETFs go live on US exchanges. With that date nearing, ETF issuers have begun offering discounts on their mentioned fees to attract high inflows from the get-go, with Franklin Templeton’s EZET fund taking the lead in the discount race. Franklin Templeton has waived the fund’s management fee for the first year or until it hits $10 billion in AUM (assets under management). Even then, the fee remains the lowest...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.