24 Apr
0

“Theo Gains $20M in Funding with Support from Citadel, Jane Street, JPMorgan, Hack VC, and Anthos Capital”

Theo Network has successfully secured $20 million in a significant funding round spearheaded by Hack VC and Anthos Capital, showing strong support from a wide range of venture capital firms and angel investors. Key participants in this round included Manifold ...

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24 Apr
0

KiloEx DeFi Platform Announces Compensation for Users After $7.5 Million Hack

Kiloex Leads with User Compensation after $7 Million Security Breach In a decisive response to a significant security breach in April that led to a $7 million loss, Kiloex, a prominent digital currency exchange, has unveiled a detailed compensation strategy ...

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24 Apr
0

SEC Cracks Down on $198 Million Cryptocurrency Ponzi Scheme

The US Securities and Exchange Commission (SEC) has taken action against Ramil Palafox, the founder of PGI Global, charging him with running a $198 million Ponzi scheme that duped investors across the globe. Palafox falsely represented PGI Global as a ...

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24 Apr
0

Crypto Users Increasingly Turn to AI for Portfolio Management, Survey Finds

Artificial Intelligence Gains Popularity Among Crypto Investors As artificial intelligence (AI) continues to make strides in various sectors, the cryptocurrency realm is not left behind, with a notable uptick in users employing AI to oversee their investment portfolios. This development ...

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23 Apr
0

Crypto Products Attract $6M in Weekly Inflows Amid Mixed Investor Sentiment

Digital asset investment products saw a modest increase in popularity last week with inflows amounting to $6 million, indicating a varied investor sentiment. The week commenced with minor inflows, however, an unexpected surge in US retail sales mid-week led to ...

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23 Apr
0

Solana’s Meteora Faces Legal Action Over Alleged Scam Involving Meme Coin

Solana-based decentralized exchange Meteora is currently embroiled in a class-action lawsuit due to allegations surrounding the launch of the meme coin, M3M3, which is being described as a pump-and-dump scheme. The lawsuit, which involves losses estimated at $69 million between ...

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23 Apr
0

Michael Saylor Believes SEC Chair Paul Atkins Will Positively Impact Bitcoin

Michael Saylor, the founder of Strategy, recently voiced his optimism regarding the newly appointed United States Securities and Exchange Commission (SEC) Chair, Paul Atkins, highlighting his potential positive impact on the business landscape. In a message shared on X, Saylor ...

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23 Apr
0

Security Flaw: Backdoor Exploit Compromises XRP Ledger SDK

The XRP Ledger Foundation has recently issued a warning regarding a security vulnerability detected in the official JavaScript SDK, which is used for interacting with the XRPL. This vulnerability was uncovered by Aikido Security on April 21, revealing that certain ...

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23 Apr
0

April 2023 Price Forecasts: Top Predictions for Bitcoin, Ethereum, Ripple, and More

The cryptocurrency market is teeming with activity as experts weigh in on the future price movements of top digital currencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), ...

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23 Apr
0

Binance Implements Sender-ID Verification Amid Growing $278M South African Crypto Market

Binance is set to introduce new requirements for South African users to enhance compliance and meet local regulatory standards. Starting from April 30, those engaging in crypto transactions will need to provide detailed sender and receiver information for all deposits ...

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