Crypto

Source: Coin Tegraph Opinion by: Alvin Kan, chief operating officer of Bitget Wallet Here we go again: A top centralized crypto exchange (CEX) was hacked, this time likely for the largest sum in humanity’s history. We were lucky to avoid the worst — platform collapse and devastating consequences for the industry. The incident reminded us…

Source: Coin Tegraph More than 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan. According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto balances on the…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin experienced a sharp selloff yesterday, plunging below the critical $80,000 level and briefly touching lows around $74,400. The move has rattled investors and put bulls on the defensive, as bearish momentum continues to build across the crypto market. Despite…

Source: Coin Tegraph US federal agencies are expected to disclose their cryptocurrency holdings to the Department of the Treasury by April 7, following an executive order signed by President Donald Trump earlier this year. Citing an unidentified White House official, journalist Eleanor Terrett reported that the deadline for federal agencies to report their crypto holdings…

Source: Coin Tegraph Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dipped below $87,000. In a filing with the US Securities and Exchange Commission on April 7, Strategy announced it made no Bitcoin (BTC) purchases during the…

Source: Coin Tegraph A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice. ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure UFC fighter Conor McGregor’s foray into cryptocurrency hit a roadblock this weekend. His “REAL” token failed to launch after raising only $392,315 from 668 bidders during its 28-hour presale. The amount fell far short of the $1,008,000 minimum requirement needed…

Source: Coin Tegraph The Mantra blockchain network has launched a $108,888,888 ecosystem fund aimed at accelerating the growth of startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi), amid rising demand for stable, asset-backed digital products. Mantra, a layer-1 (L1) blockchain built for tokenized RWAs, launched the Mantra Ecosystem Fund (MEF) to accelerate…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure It’s a Red Monday rising, with carnage across the crypto world. Bitcoin, Ethereum, and pretty much every other major token tumbled in a sudden $500B crypto market wipeout. Stock markets around the world are experiencing downturns not seen since the…

Source: Coin Tegraph Cryptocurrency exchange-traded products (ETPs) saw renewed outflows last week, with $240 million in investor capital pulled, according to an April 7 report from digital asset manager CoinShares. The outflows reversed two consecutive weeks of inflows that totaled $870 million, leaving total digital asset ETP holdings at about $133 billion, CoinShares reported. The…