A second Bitcoin reserve bill has been introduced in Georgia, allowing the state treasurer unrestricted authority to invest in Bitcoin. This follows the submission of a previous bill just 10 days earlier, indicating increased interest in cryptocurrency within the state. If Senate Bill 228 is passed, it will eliminate investment ...
Read moreDetailsA report by 10x Research suggests that a significant portion of inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) is driven by short-term trading rather than long-term investment strategies. Since their launch in January 2024, these ETFs have attracted approximately $39 billion in net inflows. However, Markus Thielen, head of ...
Read moreDetailsInfini, a stablecoin payment firm, has suffered a $50 million exploit, with investigations pointing to a former developer who allegedly retained unauthorized administrative privileges after completing the project. Blockchain security firm Cyvers uncovered the breach, revealing in an X post that the attacker maintained secret access to Infini’s smart contracts, ...
Read moreDetailsIs Elon Musk the key to Dogecoin hitting $1, or is that just hopeful speculation? Over the years, DOGE has surged with Musk’s endorsements, with each mention sparking price spikes. Yet, despite all the hype, Dogecoin remains well below the $1 target. Many wonder if it will ever get there. ...
Read moreDetailsBlockchain security firm Elliptic has reported that the massive $1.46 billion stolen from Dubai-based crypto exchange Bybit is now being laundered, with hackers employing complex tactics to obscure their tracks. According to a blog post by Elliptic, the attack, attributed to North Korea’s Lazarus Group, follows a familiar pattern. Cybercriminals ...
Read moreDetailsIn a significant move following its recent security breach, cryptocurrency exchange Bybit has reportedly purchased 266,700 Ethereum (ETH) worth approximately $742 million over two days, according to blockchain analytics firm Lookonchain. The purchases were made by wallets associated with Bybit, although the exchange has not officially acknowledged this. One wallet, ...
Read moreDetailsThe hunt for the best cryptos to join for short-term profits this month has never been more competitive. With market conditions changing rapidly, investors need to look beyond hype and focus on projects with solid fundamentals and real-world applications. VeChain has been making waves in the supply chain industry, ensuring ...
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