Bitcoin Surges Past $71K, Ether ETF Hopes Trigger $260M in Short Liquidations
Bitcoin surged past $71,000 and ether rose 19% to $3,700 after analysts increased the likelihood of a U.S. spot ETH ETF approval to 75%. Early Tuesday saw Bitcoin (BTC) surpass $71,000, its highest level since early April. Ether, meanwhile, surged over 19% to $3,700, following Bloomberg analysts’ increase in the likelihood that the spot ETH […]
Bitcoin Surges in Japan, Argentina And Philippines
Bitcoin price hits an intraday and six-week high of $71,650 on May 21, following a gain of more than 7% over the past 24 hours. Following a 7% daily advance, Bitcoin reached all-time highs in several Asian and South American countries, bringing the cryptocurrency closer to its all-time high against the U.S. dollar. On May […]
Ethereum ETF Buzz Signal Biden’s Crypto Policy Change
Biden’s crypto policy is under scrutiny as the SEC unexpectedly moved to support changes for a spot Ethereum ETF. Analysts evaluate market implications amid political manoeuvring. The cryptocurrency market has been profoundly affected by the recent directive from the U.S. Securities and Exchange Commission (SEC), which urged the issuer to amend their 19b-4 filings for […]
The Potential of Blockchain in Enhancing Cybersecurity Solutions
As the digital landscape unwinds, cybersecurity solutions are becoming increasingly paramount. With the rise of cyber threats, organizations seek innovative solutions to safeguard their data and infrastructure. One technology that has emerged as a potential game-changer in this arena is blockchain. Devised initially as the underlying technology for cryptocurrencies like Bitcoin, blockchain has since transcended […]
Gala Games CEO Blames $23M Exploit on Poor Internal Controls
Gala Games CEO cites poor internal controls as the cause of a $23M security incident involving the unauthorized minting and selling of GALA tokens. According to the CEO of Gala Games, the recent “security incident” involving a criminal who stole and sold $23 million worth of Gala Games’ GALA token was caused by “messed up” […]