Crypto Exchange XT.com Halts Withdrawals Following $1.7M Security Breach
Seychelles-based crypto exchange XT.com suspends withdrawals after hackers steal $1.7 million in digital assets. While user funds remain secure due to the platform's reserve system, the incident highlights ongoing security challenges faced by cryptocurrency exchanges.
Bitcoin Whales Offload 500,000 BTC as Price Nears $100K Milestone
Long-term Bitcoin holders have sold over half a million BTC during the latest rally, while still realizing record profits of $2.02 billion daily. Despite substantial selling pressure, the volume remains lower than the previous cycle as Bitcoin approaches the $100,000 mark.
DeFi Development Rankings: Synthetix Leads Monthly Activity Report
Blockchain analytics firm Santiment's latest monthly rankings reveal Synthetix maintaining its top position among actively developed DeFi projects. The report highlights continued innovation across decentralized trading platforms, with DeepBook and Radix completing the top three spots.
Brazil Considers $18.6 Billion Bitcoin Reserve in Pioneering Financial Strategy
Brazilian lawmaker proposes groundbreaking bill to allocate 5% of national reserves to Bitcoin, aiming to hedge against economic risks and support the country's digital currency initiatives. The legislation would position Brazil among the first nations to integrate cryptocurrency into sovereign reserves while promoting blockchain education and crypto sector development.
CrossFi Expands Global Reach with Gate.io Exchange Listing and Reward Program
CrossFi announces the listing of its XFI token on Gate.io exchange, offering a $30,000 reward program through Gate.io's Startup initiative. The platform aims to bridge traditional banking with blockchain technology while providing non-custodial crypto-to-fiat payment services across 200+ countries.
Ethereum Price Analysis: Technical Indicators Signal Potential 30% Rally to $4,000
Ethereum shows strong bullish momentum as it maintains support above $3,440, with technical indicators and whale activity suggesting an imminent breakout. Recent futures liquidations and increasing institutional accumulation point toward a potential 30% surge that could push ETH beyond the $4,000 mark.
Dogecoin Foundation Unveils Ambitious Dogebox Payment Platform for Mass Merchant Adoption
The Dogecoin Foundation announces plans to launch Dogebox, a decentralized payment system targeting one million local retailers. The initiative, backed by notable crypto figures including Vitalik Buterin, aims to streamline merchant adoption while rewarding node operators.
Sui Network's First Major Outage Triggers 5% Token Price Drop
Sui blockchain experienced a two-hour network shutdown due to a validator node crash, marking its first major disruption since launch. Despite the swift resolution and temporary price dip, the network maintains strong ecosystem metrics with $1.6B in Total Value Locked.
Bitcoin's Journey: From $15 Skepticism to Six-Figure Milestone
Follow Bitcoin's remarkable 13-year transformation from a fringe experiment to a mainstream financial asset, defying critics and reaching unprecedented heights in 2024. The cryptocurrency's evolution showcases growing institutional acceptance, sophisticated infrastructure development, and corporate adoption that validates early believers' conviction.
Bitcoin Buying Pressure Soars as Whales Accumulate $4B Worth of BTC
Major cryptocurrency exchanges are witnessing unprecedented Bitcoin buying pressure with taker buy/sell ratios reaching remarkable levels, particularly on Binance. Large investors have accumulated over 40,000 BTC in just four days while exchange reserves continue declining.