Hyperliquid, a newly launched layer-1 crypto derivatives platform, has faced its largest single-day outflow after allegations surfaced of North Korean hackers exploiting the platform. The controversy began on December 23 when Tay Monahan, a security researcher at Metamask, claimed in…
The crypto exchange Gate.io is set to return to Japan after sealing a deal to buy the domestic trading platform Coin Master. In a Gate.io blog post, the exchange explained that it had “acquired all of the outstanding shares of…
The South Korean Financial Services Commission (FSC) has denied reports claiming it is about to let companies buy crypto using their balance sheets. Per Hanguk Kyungjae, the FSC told media representatives the reports were “not true.” Will Regulator Let South…
The Cardano (ADA) price is holding above its 50DMA in the low $0.90s on Monday, as the cryptocurrency market attempts the beginnings of a rebound during a holiday-shortened week. The final trading days are normally bullish in the stock market,…
Hyperliquid, a prominent on-chain perpetual futures exchange, is under scrutiny following claims of wallet activity linked to North Korean hackers. Following the allegation, the platform token HYPE dropped over 25%, from $34 to $25. The platform assured users that their…
President-elect Donald Trump could issue an executive order pertaining to the crypto sector on his first day in office following his presidential inauguration on January 20, Reuters reported Monday. Will Donald Trump Deliver On Crypto Executive Order? According to the…
Nokia, the Finnish telecommunications giant, has taken a significant step into digital asset security. The company has filed a patent for a “device, method, and computer program” designed to encrypt digital assets. China’s National Intellectual Property Administration (CNIPA), the country’s…
Two California men, Gabriel Hay and Gavin Mayo, have been indicted for reportedly defrauding investors in several NFT rug pull schemes that saw $22 million drained from victims, December 20 Los Angeles court documents reveal. Gabriel Hay, Gavin Mayo Arrested…
MicroStrategy, the largest corporate holder of Bitcoin, has added another 5,262 BTC to its reserves, spending $561 million at an average price of $106,662 per Bitcoin. In a Monday post on X, MicroStrategy co-founder Michael Saylor said that the latest…
Canadian firm Matador Technologies Inc. (TSXV: MATA) has announced a bold step to strengthen its corporate treasury by investing $4.5 million in Bitcoin. The Toronto Stock Exchange listed firm said it will transition the majority of its cash reserves from…