$20 Million Hack Paralyzes Sonne Finance, Hacker Unresponsive to Negotiation Efforts
On the evening of May 14, Sonne Finance, a prominent lending protocol, experienced a severe security breach that resulted in the theft of $20 million in cryptocurrencies. The hack targeted…
Massive Influx of Over 1 Million New Crypto Tokens Since April Marks Industry Boom
The cryptocurrency landscape has experienced a significant boom in token creation, with more than one million new tokens introduced since the beginning of April across various platforms, predominantly on Ethereum…
Deutsche Bank Partners with Singapore’s Central Bank on Pioneering Asset Tokenization Project
Deutsche Bank, the German multinational banking and financial services company, has embarked on a groundbreaking collaboration with the Monetary Authority of Singapore (MAS) to advance asset tokenization. This partnership is…
UK Authorities Shut Down Crypto Academy Over Deceptive Investment Advice
The United Kingdom’s regulatory authorities have taken decisive action against Amey Finance Academy, a crypto training establishment accused of misleading consumers into participating in high-risk, loss-inducing investment schemes, including a…
Instagram Expands Its Creator Marketplace to 10 Additional Countries
Instagram is broadening the scope of its creator marketplace, now reaching 10 additional countries, enhancing the platform for brands and creators to collaborate effectively. Initially rolled out in the U.S.…
Crypto Employment Flourishes in Early 2024, Yet Faces a Setback in April Amid Market and Regulatory Fluctuations
The cryptocurrency sector experienced a robust hiring trend in the first quarter of 2024, showcasing quarter-on-quarter growth with leading companies like Coinbase and Binance ramping up recruitment efforts. Despite this…
Vitalik Buterin Quickly Drafts Well-Received Ethereum Wallet Improvement Proposal
A recent technical initiative aimed at enhancing Ethereum wallets encountered some resistance, prompting Vitalik Buterin, the blockchain’s co-founder, to step in with an alternative solution. Remarkably, it took him just…
Sony Appoints New Co-CEOs to Lead PlayStation
Sony has unveiled a significant leadership transformation within its PlayStation division, appointing Hermen Hulst and Hideaki Nishino as co-CEOs, a move set to take effect from June 1st. This change…
Nvidia proudly unveils quantum computer centers powered by the new CUDA-Q platform.
Nvidia has announced a significant advancement in its quantum computing initiatives, revealing plans to enhance quantum computing capabilities at national supercomputing centers worldwide using the open-source Nvidia CUDA-Q platform. Supercomputing…
Peter Thiel’s Founders Fund and Vitalik Buterin Lead $45 Million Funding Round for Polymarket
Polymarket, a prediction market platform utilizing cryptocurrency, is experiencing significant growth during the lead-up to the U.S. presidential election. The platform recently secured $45 million in a Series B funding…
Significant Drop in Bitcoin Mining Difficulty Last Week Marks Largest Since Last Crypto Winter: Bernstein Report
In a notable shift within the cryptocurrency mining industry, Bitcoin (BTC) mining difficulty decreased by approximately 6% last week, marking the most significant decline since the crypto winter of December…
Analyst Warns of Potential ‘Panic Sell-Off’ If Bitcoin Falls Below $60K
As Bitcoin (BTC) hovers near the $60,000 mark, market analysts warn of a potential panic sell-off should it fall below this critical threshold. FxPro’s Alex Kuptsikevich suggests that a break…
Microsoft and Amazon plan a $5.6 billion investment in France as Macron woos tech giants.
Microsoft and Amazon have announced significant investments in France, reflecting their commitment to expanding their operations and enhancing the country’s digital infrastructure. In a statement released Monday, Microsoft revealed its…
Alora Baby Innovates Baby Gear with Sustainable Manufacturing Approach
Alora Baby is spearheading an initiative to redefine the lifecycle of baby gear, aiming to transform it from a single-use expectation to a sustainable, circular economy model. The startup is…
British Baby Girl Regains Hearing Through Gene Therapy
In a groundbreaking medical breakthrough, 18-month-old Opal Sandy from the UK has become the first person globally to regain hearing through gene therapy. Born deaf due to a rare genetic…
SoftBank’s Arm to reportedly launch AI chips by 2025 to capture explosive demand
SoftBank Group, the renowned multinational conglomerate, is making significant strides through its subsidiary, Arm, as it prepares to enter the competitive artificial intelligence (AI) chip market. According to a report…
Decade-Dormant Bitcoin Wallets Transfer $61M, Stirring Market Curiosity
Two previously dormant Bitcoin wallets, containing a total of 1,000 BTC valued at $61 million at today’s prices, have suddenly sprung into action after a ten-year sleep. This unexpected movement…
Activity Declines Notably on Bitcoin’s Runes Protocol
Since its launch, the Runes protocol has experienced a noticeable decrease in user engagement and transaction volume. This change has sparked discussions about the sustainability and long-term viability of the…
Analysts Predict Potential ‘Explosive Rally’ in Altcoin Market, Highlight Key Indicators
The altcoin market appears to be at a pivotal stage, often referred to as the “disbelief stage,” which precedes significant rallies according to historical patterns. This article delves into the…