Day: 7 May 2024

Singapore-based cryptocurrency platform Galaxis has raised $10 million from prominent funders and global crypto and tech firms.  According to its Tuesday press release, participants in the round include Chainlink, Rarestone Capital, Ethereum Name Services (ENS), ENS co-founder Nick Johnson, and Taisu Ventures. Other partners include renowned cryptocurrency visionary JohnnyZcash and ...

The hacker who orchestrated last year's Poloniex attack has transferred 1,100 ETH, worth approximately $3.4 million, to Tornado Cash in an attempt to launder the stolen funds. PeckShield, an on-chain data security platform, made the announcement early Tuesday morning, May 7. In November 2023, a cyber hacker drained $100 million ...

Binance Chief Executive Officer Richard Teng has called on the Nigerian government to release Tigran Gambaryan, the head of the Financial Crime and Compliance unit. Gambaryan was detained after honouring the government's invitation to discuss regulatory supervision. Teng made this appeal in a recent blog post, noting that the Nigerian ...

Bitcoin's price rebounded above $64,000 on May 7, recovering from a daily low of $62,864 on Bitstamp. Despite trading within a range since May 3, BTC/USD experienced significant volatility, leading to position liquidations on both sides of the order book. Data from TradingView indicated a strong bid liquidity around $63,500 ...

Marathon Digital (MARA) shares surged by almost 18% to $20.67 on Monday, May 6, as reported by Google Finance.  The stock price has risen by 25.2% since the Bitcoin halving on April 20, when miner block rewards were reduced from 6.25 BTC to 3.125 BTC, valued at $198,000 at current ...

Bitcoin's 200-day moving average has surged to a record high of $50,178, signalling a bullish long-term outlook, as reported by BuyBitcoinWorldwide on May 6. This milestone comes amid Bitcoin's recovery from a post-halving price dip, which saw it drop to as low as $56,800 after the network's block rewards were ...

Bitcoin's price surged above $65,000 on May 6, hitting $63,712, with analysts suggesting that the post-halving "danger zone" might be behind us and more gains could be on the horizon. The "danger zone" refers to a three-week period after the halving, historically linked to price volatility below a particular range. ...