The Bets Raise for LSDfi: A New Horizon for Decentralized Finance?

What does the current increase in bets for liquid staking derivatives in decentralized finance (LSDfi) on Ethereum represent? Decentralized Finance (DeFi) has yet to recover from the 2022 bear market crashing across the financial world. However, there now appears to be hope with increased stakes for so-called LSDfi. Could this form of trading stimulate the […]

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Atomic Wallet Security Breach Results in $35 Million Crypto Heist

Yesterday, the developers of the multi-chain wallet took to Twitter to announce that they had received reports of account compromises from a small number of users. Millions of dollars in cryptocurrency were stolen from Atomic Wallet customers. On Saturday, the project developers admitted that their users’ data had been compromised. Atomic Wallet is a cryptocurrency […]

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US Treasury Seeks to Recover Its Balance: How Does this Affect Bitcoin?

The set of institutional measures in the United States, after going through the so-called debt ceiling drama, affects Bitcoin and other assets. Recently, The US House of Representatives temporarily removed the restricted borrowing limit until the 2024 election, and the Senate followed suit then. The relief appears to give markets some hope. However, risk assets […]

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Russian Official Faces Accusation of Accepting a $28 Million BTC Bribe

Reports suggest that a Russian official allegedly accepted $28 million worth of BTC bribes. The official reportedly accepted large bribes from a group that was under its own investigation. The use of cryptocurrencies in Russia has seen a constant increase since the previous year. A Russian government official, Marat Tambiev, allegedly collected $28 million in […]

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Why Did Bitcoin’s BTC Price Stay Above USD 27000 Over the Weekend?

As the Asian trading day begins with a minor rise in Bitcoin and a fall in Ether, experts predict a pre-FOMC market correction, underscoring the resilience of digital assets amid US regulatory and debt challenges. The decline in the put/get in touch with a ratio of bitcoin options suggests that crypto investors are less concerned […]

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