DeFi Platform SIR.trading Faces Catastrophic Loss of $355K Total Value Locked in Major Blow

Decentralized finance platform Sir TrAdIng has suffered a devastating loss of its entire $355,000 Total Value Locked (TVL) due to an exploit. The exploit involved a vulnerability in the protocol that allowed attackers to drain the funds from the platform. This incident highlights the risks associated with DeFi platforms and the importance of robust security [...]

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Exciting News: Axie Infinity Launches New Web3 Game as LVMH Faces Lawsuit for NFT Patent Nifty Newsletter Update

Axie Infinity, a popular web3 game, is facing legal challenges from luxury conglomerate LVMH over NFT patents. The lawsuit highlights the growing intersection between traditional industries and the burgeoning NFT market. In recent years, NFTs have exploded in popularity, allowing digital assets to be bought, sold, and traded using blockchain technology. This has led to [...]

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Huobi’s strategy to add China clients faces headwinds

Huobi, the global cryptocurrency exchange, is planning a major revival plan as it seeks to grow its market share in Mainland China and Hong Kong. That is happening as cryptocurrency prices continue recovering, with Bitcoin sitting comfortably above $27,000. Justin Sun, the company’s advisor and defacto CEO, is working with to add more Chinese costumers, …

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Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump

In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver, Canada, back in 2013, there [...]

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BLUR price faces an uncertain future amid wash trading concerns

The future of the BLUR token seems to be turning uncertain after a splendid performance after concerns about rising wash trading on the Blur NFT marketplace. At press time, BLUR/USD was trading at $0.5574 after a 1.34% drop in the past 24 hours. Blur’s NFT marketplace trading activity has increased considerably over the past four …

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Bitcoin price analysis: BTC faces difficult resistance level ahead | Invezz

Bitcoin (BTC/USD) price picked up notable momentum on Wednesday as the digital currency hit a new 2023 high. Granted, 2023 is a mere 6 weeks old and the current bull run looks pretty insignificant on the one-year chart. BTC/USD chart by TradingView But I’m not here to ruin the party, rather just trying to gather ...

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Cardano price outlook: analyst says ADA faces 40% downside | Invezz

Cardano (ADA/USD) is currently the ninth largest cryptocurrency by market size, with its $9.1 billion market cap putting it just behind popular meme coin Dogecoin (DOGE/USD) with a market cap of $10.7 billion. As with the rest of the crypto market, ADA, the native token of the Cardano blockchain ecosystem, has been battered mercilessly during ... Read more

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Crypto Flipsider News – Markets Rally After Fed, Reddit Prepares for IPO, Shiba European Exchange, Dogecoin Gets First NFT, Binance Indonesian Exchange, Tether Faces Another Lawsuit

Read Thursday's breaking news in the daily digest.

Continue reading Crypto Flipsider News – Markets Rally After Fed, Reddit Prepares for IPO, Shiba European Exchange, Dogecoin Gets First NFT, Binance Indonesian Exchange, Tether Faces Another Lawsuit at DailyCoin.com.

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Michael Saylor Resurfaces with Bitcoin Chart Post After Week-Long Hiatus

MicroStrategy’s CEO, Michael Saylor, took to Twitter to share a Bitcoin chart after a week-long break from posting updates. The chart displayed the exponential rise of Bitcoin’s value compared to other assets, emphasizing its potential for long-term growth. Saylor’s tweet highlighted the remarkable performance of Bitcoin as a store of value and a hedge against [...]

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Javier Milei faces impeachment threat after supporting $107M Libra scam

Argentinian Economist Javier Milei Faces Impeachment Over Alleged $107 Million Libra Rug Pull Argentinian economist and political candidate Javier Milei is facing potential impeachment following accusations of orchestrating a $107 million rug pull involving the controversial digital currency Libra. Milei, who has been a vocal critic of traditional financial systems and a proponent of decentralized [...]

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OpenAI has until April 30 to comply with EU laws, ‘next to impossible’ say experts

Italian regulators say ChatGPT must meet local and GDPR privacy regulations by April 30, but AI experts say the model's architecture makes such compliance almost impossible.

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