Security experts at SlowMist identified over 8,620 Solana wallets linked to the DEXX hack, with losses estimated near $30 million as recovery efforts continue. Source: https://cointelegraph.com/news/solana-dexx-hack-november-2024-suspicious-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Bukele Aims to Tap Into the Massive Potential of Salvadoran Gold Reserves
Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves El Salvador might be close to taking advantage of its […] Source: https://news.bitcoin.com/bukele-aims-to-tap-into-the-massive-potential-of-salvadoran-gold-reserves/
Ether to breach $4k before Trump’s inauguration: analyst
Ether has outperformed Bitcoin in futures yields, signaling more potential ETF inflows that could catalyze an Ether rally above $4,000 before Jan. 20. Source: https://cointelegraph.com/news/ether-price-surpass-4000-trump-inauguration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Taiwan enforces AML registration mandate for crypto providers
Taiwan accelerates its crypto AML mandate, imposing stricter registration rules and hefty penalties for noncompliance. Source: https://cointelegraph.com/news/taiwan-aml-crypto-mandate-november-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin whales 'took advantage' of $90K BTC price dip, scooping up $1.5B
Wealthy investors’ appetite for Bitcoin continues to grow as BTC price is once again eyeing the $100,000 milestone level going into December. Source: https://cointelegraph.com/news/bitcoin-whales-90k-btc-price-dip-scooping-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price retains 8% gains as attention switches to Ethereum comeback
Bitcoin bulls avoid further retests of round-number levels as support as Ethereum finally wakes up. Source: https://cointelegraph.com/news/bitcoin-price-retains-gains-attention-ethereum-comeback?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Delegated proof-of-stake (DPoS), explained
Discover the basics of DPoS, a consensus mechanism that balances efficiency, decentralization and security in blockchain networks. Source: https://cointelegraph.com/explained/delegated-proof-of-stake-dpos-explained?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Could See Inflows Worth $2.28 Trillion in 2025: Insights From OKG Research
OKG Research’s forecast of $2.28 trillion in bitcoin inflows by 2025 underscores the asset’s growing importance in the global financial ecosystem. Bitcoin Can Hit Another Landmark in 2025 The cryptocurrency market is no stranger to bold predictions, and a new report by OKG Research, the research division of the Oko Cloud Chain Institute forecasts that […] Source: https://news.bitcoin.com/bitcoin-could-see-inflows-worth-2-28-trillion-in-2025-insights-from-okg-research/
Perpetual DEX Hyperliquid to Launch Native Token Following Bullish October
Hyperliquid, a decentralized perpetuals exchange, is challenging the conventional wisdom that venture capital is essential for success in crypto. Instead, it claims it’s relying on its touted tech and community-first approach. The DEX’s Hyper Foundation, which oversees development, announced Thursday its token generation event, slated for early Friday at 2:30 AM ET, alongside an airdrop. Over the past year, Hyperliquid…
Hong Kong Seeks Crypto Hub Status With Tax Breaks
Hong Kong is proposing tax breaks for hedge funds, private equity funds, and wealthy individuals investing in cryptocurrencies. Hong Kong and Singapore Vie for Top Financial Hub Spot Hong Kong authorities have reportedly proposed exempting hedge funds, private equity funds, and wealthy individuals from paying taxes on gains from cryptocurrencies. The proposals, aimed at making […] Source: https://news.bitcoin.com/hong-kong-seeks-crypto-hub-status-with-tax-breaks/