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Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin

CNBC's Andrew Sorkin doesn't believe nearly as many people use Bitcoin as an inflation hedge as its boosters claim.

, by Andrew Throuvalas

Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?

March sees a 48% drop in crypto theft, with $79M stolen from DeFi projects. Are hacks and scams on the decline?

, by Trent Alan

Mark Yusko Predicts Bitcoin At $150,000 In 2024

Mark Yusko believes Bitcoin will rise to two times its "fair market value" at the end of the bull market, while altcoins potentially multiply far more in value.

, by Andrew Throuvalas

China Launches New Blockchain Infrastructure Platform Led by Conflux

China announced the "Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative," on the Conflux Network.

, by Hassan Shittu

South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election

South Korean politicians are accusing one another of crypto-related wrongdoings ahead of parliamentary elections in the nation on April 10. The country will go to the polls in just over a week to elect members of the National Assembly. The parliament is currently dominated by the Democratic...

$336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield

According to PeckShield, about $336.3 million in crypto funds were stolen in Q1, with approximately $100 million recovered from March hacks.

, by Hassan Shittu

Vitalik Buterin Announces Further Development of Ethereum ‘Purge’

Vitalik Buterin outlines the next phases of "The Purge," which aims to streamline the Ethereum protocol by reducing data storage requirements.

, by Hassan Shittu

USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District

Police in Gangnam, an affluent district of Seoul, South Korea, have arrested 10 people accused of stealing money in a bogus USDT OTC trade. Per Maeil Kyungjae, police say a “gang” lured a “victim” into a street in the Yeoksam Neighborhood. Officers said the gang told...

FTX Liquidators Target Repayment to Creditors by End of 2024

The FTX bankruptcy estate has outlined its target to initiate repayments to customers by the end of 2024.

, by Ruholamin Haqshanas

Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours

Degen Chain, a layer-3 blockchain on the Base network, witnessed a surge in transactional volumes, reaching nearly $100 million in just 24 hours.

, by Hassan Shittu

Thailand’s Largest Crypto Exchange Bitkub Sets Sights on 2025 IPO in Home Country

The parent company of Bitkub, Thailand's largest cryptocurrency exchange, has revealed plans to conduct an initial public offering (IPO) in 2025.

, by Ruholamin Haqshanas

Binance Exec Staged Elaborate Escape, May Have Evaded Flights: Nigerian Official

Binance executive Nadeem Anjarwalla absconded from Nigerian custody in February after his arrest. At the time, he was detained along with American colleague Tigran Gambaryan on accusations of misconduct related to the exchange. In a Sunday interview with a local media outlet, a retired Nigerian...

, by Shalini Nagarajan

Decentralized Protocol OpenLeverage Suffers Multiple Hacks, Losing $230K: Report

Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets. The hacks were flagged by blockchain security Cyvers Alerts on X (Twitter). Per the post, the losses incurred is around $230,000 worth crypto and the...

, by Sujha Sundararajan

Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading

Polygon Labs CEO Marc Boiron has lashed out at Layer 3 networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network.

, by Ruholamin Haqshanas

Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report

Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company's entry into the Korean market.According to a recent report by News 1, Teng arrived in...

, by Ruholamin Haqshanas

China Expands Digital Yuan Accessibility Through Hardware Wallet Integration

The Qingdao branch of the Bank of China (BOC) has rolled out a new payment option for Qingdao's metro transit system through digital yuan hardware wallets. According to the local news outlet Dazhong, this initiative introduces a "deferred payment" system that allows travelers to use the public...

, by Hongji Feng

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