Prisma Finance’s Hacker Imposes Conditions on Protocol

A hacker responsible for an $11.6 million breach at Prisma Finance has outlined conditions for returning stolen assets. The hacker insists on an online conference in which team members would reveal their identities and address past mistakes. Despite the skepticism of the community and the use of tools to mix cryptocurrencies, the hacker assures that […]

Continue Reading

Bitcoin Whale Preference Remains Around Arbitrage

Below are the details of these large investors’ trading during the week. Cryptocurrency arbitrage trading is a type of trading strategy in which investors take advantage of slight price discrepancies of a digital asset across various markets or exchanges. In its simplest form, cryptocurrency arbitrage trading, is the process of buying a digital asset on […]

Continue Reading

Bitcoin ETFs Witness Fourth Consecutive Day of Rising Inflows and Accumulate 500,000 BTC Worth $35 Billion

Despite the uncertainty over Ethereum ETFs, the overall projection for Bitcoin is favorable. The crypto landscape is evolving rapidly, and Bitcoin spot exchange-traded funds (ETFs) are gaining significant momentum since their long-awaited regulatory approval earlier this year. Said promising development continued until late March, when Bitcoin spot ETFs recorded net inflows of $179 million for […]

Continue Reading

Detained Binance Executive Sues Nigerian Government

In late February, two senior Binance managers were arrested in Nigeria. One managed to escape and the other sued the local government. He claimed that his arrest was contrary to the country’s constitution and demanded his immediate release. Amid Nigeria’s crackdown on cryptocurrency activities, one of the detained Binance executives, Tigran Gambaryan, has taken legal […]

Continue Reading

Impact of Cryptocurrencies on Money’sTraditional Concept

In the last decade, cryptocurrencies have emerged as a disruptive force, challenging the very foundations of the traditional financial system. From the inception of Bitcoin in 2009 to the explosion of other cryptocurrencies such as Ethereum and Ripple, there has been a profound and transformative phenomenon, that has changed the way people think about and […]

Continue Reading