Crypto

Source: Coin Tegraph SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally. Read Full Article

Source: Coin Tegraph Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million. Read Full Article

Source: Bitcoinist A serious security breach hit Singaporean bitcoin exchange BingX. Exchange hot wallets lost almost $43 million on Friday, due to hacker activity. One of the biggest crypto attacks this year, this event raises doubts about centralized exchange security policies. BingX Hack: What Happened? Blockchain security companies Peck Shield and De.Fi noticed odd activity…

Source: Coin Tegraph Regulating and speeding up payments without a CBDC are more important to the Canadian central bank. Read Full Article

Source: Coin Tegraph The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January. Read Full Article

Source: Bitcoinist Bitcoin has surged 11% since Tuesday following the Federal Reserve’s announcement of a 50 bps interest rate cut. This significant price movement pushed BTC past the $62,000 mark, a psychological level that shifted investor sentiment toward optimism.  However, despite the recent rally, critical data from Glassnode reveals that both Bitcoin capital inflows and…

Source: Coin Tegraph Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025. Read Full Article

Source: Bitcoinist In a significant development for Bitcoin (BTC), the broader crypto market and the traditional banking industry, BNY Mellon has been identified as the first bank to receive an exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  Unchained first reported the announcement during a Wyoming Select Committee on Blockchain, Financial Technology,…

Source: Coin Tegraph According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges. Read Full Article

Source: Coin Tegraph Former President Donald Trump remained silent about his family’s upcoming crypto platform, and Republican Party lawmakers urged the SEC to clarify its stance on crypto airdrops. Read Full Article