IoTeX confirms ‘suspicious activity’ involving token safe, says losses contained

IoTeX has confirmed that it detected "suspicious activity" related to its token safe, prompting an immediate investigation. The company reported that the situation has been contained and that losses are limited. Users were advised to take precautions and monitor their accounts. IoTeX is working to enhance security measures

US lawmakers critical of Trump tariffs, say it will derail economy

US lawmakers have expressed strong criticism of former President Trump's tariffs, arguing that they could negatively impact the economy. They believe these tariffs may lead to increased prices for consumers and disrupt supply chains. Lawmakers are concerned that the tariffs could hinder economic growth and job creation. The

Trump-Backed World Liberty Plots 'Exit Mechanism' for Maldives Hotel Tokenization Project

World Liberty, a project backed by former President Donald Trump, is developing an "exit mechanism" for its hotel tokenization initiative in the Maldives. This mechanism aims to provide investors with a clear exit strategy, enhancing the project's appeal amid growing interest in tokenized real estate. The

Small investors are buying bitcoin. For a rally to succeed, the whales need to join in.

Small investors are increasingly purchasing Bitcoin, contributing to a potential rally in the cryptocurrency market. However, analysts indicate that for this rally to gain significant momentum, larger investors, often referred to as "whales," need to participate as well. The current buying trend among retail investors has not yet

Bitcoin Sell Pressure Is Easing, But Whales Keep Dumping on Exchanges: CryptoQuant

Recent analysis from CryptoQuant indicates that while overall sell pressure on Bitcoin is decreasing, large holders, or "whales," continue to sell their holdings on exchanges. This trend suggests that despite a reduction in general selling activity, significant amounts of Bitcoin are still being offloaded by these major investors.

Blue Owl liquidity crisis has investors bracing for 2008-style fallout — it could mean bitcoin's next bull run

Blue Owl is facing a liquidity crisis that has raised concerns among investors, drawing parallels to the financial turmoil of 2008. This situation has led to increased speculation about the potential impact on the cryptocurrency market, particularly Bitcoin. Analysts suggest that if the crisis escalates, it could trigger a significant

Bitcoin Quantum Threat Takes Center Stage at Ethereum Conference

At a recent Ethereum conference, experts highlighted the potential threat that quantum computing poses to Bitcoin and other cryptocurrencies. They discussed how advancements in quantum technology could compromise the cryptographic algorithms that secure blockchain networks. The conference featured discussions on possible solutions, including the development of quantum-resistant cryptographic methods. Participants

How AI is helping retail traders exploit prediction market 'glitches' to make easy money

AI technology is enabling retail traders to identify and exploit inefficiencies in prediction markets, allowing them to profit from price discrepancies. These traders use advanced algorithms to analyze vast amounts of data and recognize patterns that may indicate a mispricing of assets. As a result, they can execute trades quickly

Spot Bitcoin ETFs record five weeks of net withdrawals, totaling $3.8B

Spot Bitcoin exchange-traded funds (ETFs) have experienced five consecutive weeks of net withdrawals, amounting to a total of $3.8 billion. This trend reflects a growing concern among investors regarding market volatility and regulatory uncertainties surrounding cryptocurrencies. The withdrawals have raised questions about the future demand for Bitcoin ETFs, which

What’s next for crypto in Europe after Christine Lagarde steps down?

Christine Lagarde's departure from her role as President of the European Central Bank (ECB) raises questions about the future of cryptocurrency regulation in Europe. Her tenure was marked by a cautious approach to digital currencies, emphasizing the need for regulatory frameworks. With her exit, market analysts speculate that

IoTeX confirms ‘suspicious activity’ involving token safe, says losses contained

IoTeX has reported suspicious activity related to its token safe but assures that the losses have been contained. The incident involved unauthorized access, prompting the team to take immediate action to secure the platform. Users were advised to remain vigilant and monitor their accounts for any unusual activity. IoTeX is

After State Lawsuit Losing Streak, Kalshi Nabs Victory in Tennessee—This Could Be Why

Kalshi, a prediction market platform, recently achieved a legal victory in Tennessee, marking a significant turnaround after facing a series of lawsuits in other states. The Tennessee court ruled in favor of Kalshi, allowing it to operate its prediction markets without being classified as illegal gambling. This decision is seen