Report: Q1 2024 Crypto Funding Peaks to $2.4B
In Q1 2024, the crypto market saw a funding increase of over 40% compared to the previous quarter, with a $2.4 billion investment from 518 deals over the past three months. Q1 2024 saw a surge in cryptocurrency market fundraising to $2.4 billion, as a change in market sentiment accompanied by fresh inflows. A new […]
Kraken Denies Plans to Delist Tether in Europe
Kraken reaffirms support for Tether (USDT) in Europe amid regulatory changes, clarifying delisting possibilities. Kraken, a well-known cryptocurrency exchange, has issued a clear statement rejecting any intention of delisting Tether (USDT) in Europe. The crypto community is becoming increasingly concerned about the regulatory compliance and stability of widely utilised stablecoins, including Tether, at the time […]
Pendle Token Theft Soars, $5.62M Lost in Latest Permit Phishing
Pendle token thefts rise to $10 million due to phishing. Recent loss of $5.62 million highlights the need for yield token approval vigilance. The market remains resilient as Pendle climbs. The Pendle token ecosystem has seen a dramatic increase in thefts in recent months, with security breaches resulting in the loss of more than $10 […]
Bitcoin Price Surges with $222M Influx into US Bitcoin ETF
The Bitcoin price soared to $67,000 today, following a significant inflow of $222 million into U.S. Spot Bitcoin ETFs, indicating strong market sentiment. As investors have redirected their attention towards digital assets, the price of Bitcoin has maintained its ascent today, briefly surpassing $67,000 in the last 24 hours. Meanwhile, several market analysts attribute the current […]
CCI and 60 Organizations Support Crypto Regulation FIT21
The Crypto Council for Innovation (CCI), along with 60 other crypto companies and organizations, supports the Financial Innovation and Technology for the 21st Century Act (FIT 21). The Crypto Council for Innovation (CCI) and 60 other crypto companies and organizations have signed a support letter for the Financial Innovation and Technology for the 21st Century Act (FIT 21). However, […]