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Gamma Strategies Under Scrutiny: Security Incident Spurs Caution Among Ethereum Investors

Gamma Strategies, an Ethereum-based asset management protocol, has been thrust into the spotlight following an alarming security incident. An exploit detected by blockchain investigator PeckShield revealed a potential loss of...
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Matrixport Analyst Foresees SEC Rejecting Bitcoin Spot ETF Proposals Amid Compliance Concerns

Matrixport analyst Markus Thielen diverges from market expectations, predicting that the Securities and Exchange Commission (SEC) will dismiss all bitcoin spot ETF proposals in January. Despite recent interactions between filers...
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MicroStrategy’s Michael Saylor to Trade Stock Options for Bitcoin Purchase

Michael Saylor, the co-founder of MicroStrategy, recently unveiled plans to convert $216 million worth of stock options into Bitcoin. The revelation surfaced in a filing submitted to the U.S. Securities...
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Grayscale’s Bitcoin ETF Application Raises Eyebrows Amid Missing Participant Details

Image credits: coinmarketcap Cryptocurrency asset manager Grayscale has stirred speculation after an amended filing for a Bitcoin exchange-traded fund (ETF) excluded crucial details about its authorized participants, raising concerns among...
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Orbit Chain’s Cross-Chain Bridge Hack Pushes Crypto Theft in December 2023 to Nearly $100 Million

In the recent attack on Orbit Chain’s cross-chain bridge, the cryptocurrency stolen in December 2023 surged to nearly $100 million, as confirmed by blockchain security firms. PeckShield, a blockchain security...
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Crypto Industry Anticipates SEC’s Call on Bitcoin ETF Applications as Deadline Nears

In anticipation of the approaching Jan. 10 cutoff for the SEC’s verdict on the Ark Investments and 21Shares spot Bitcoin ETF proposal, reports from Reuters suggest that asset managers may...
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Bitcoin Mining Operation Busted in Indonesia for Electricity Theft Worth Nearly $1 Million

A recent report has shed light on a significant crackdown by the North Sumatra Police Force in Indonesia. The operation targeted a sprawling Bitcoin mining endeavor across 10 locations, resulting...
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Former FTX CEO, Sam Bankman-Fried, Spared Second Trial Amidst Legal Fallout

Former cryptocurrency mogul Sam Bankman-Fried, convicted on multiple counts including fraud and money laundering in November, has been spared a potential second trial by prosecutors. Despite the looming specter of...
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Indian Government Seeks Ban on Major Crypto Exchanges, Including Binance and Kraken

The crypto industry faces another blow as India’s Financial Intelligence Unit (FIU) aims to ban nine prominent exchanges within the country. The list includes industry giants like Binance and Kraken,...
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Shares of Coinbase, MicroStrategy, and Others Skyrocket, Outshining Bitcoin’s 150% Surge

In a surprising turn of events, the most profitable arena for crypto enthusiasts in 2023 wasn’t the realm of cryptocurrencies itself, but rather the stock market. While Bitcoin surged impressively...
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