Category: Latest news

[ad_1] Quick Take The Federal Reserve’s balance sheet has undergone a recent update, revealing a quantifiable decrease in its total. As of Nov. 8th, the balance sheet reveals a total of $7.861T, indicating the continuation of the Federal Reserve’s quantitative tightening strategy. Notably, the balance sheet has seen a reduction of about $6B in the…

[ad_1] Blockchain security firm Chainlight said it received a $10,000 bounty for uncovering a potential vulnerability that could have jeopardized $32 million in customer funds on Optimism-based decentralized exchange (DEX) Perpetual Protocol. In a Nov. 9 post on social media platform X (formerly Twitter), Chainlight detailed how it reported a critical bug in Perpetual Protocol’s…

[ad_1] Quick Take Recent CryptoSlate analysis revealed a significant shift in the crypto market sentiment influenced by profitable Bitcoin withdrawals from exchanges. The average withdrawal prices for cohorts categorized by date paint an intriguing picture of the market-wide cost basis. The all-time average withdrawal price stands at $12,003, escalating gradually with every passing year and…

[ad_1] Crypto entrepreneur Justin Sun has offered the Poloniex hacker a 5% bounty to return the stolen funds within the next seven days. The hack Earlier today, Sun said Poloniex was investigating a hacking incident without providing additional information. While Sun’s statement failed to reveal the extent of the attack, blockchain security firm CertiK reported…

[ad_1] Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion…

[ad_1] Quick Take Bitcoin is experiencing a bullish breakout, indicated by the realized price, the average cost at which all existing Bitcoins were last moved, surpassing the realized price for long-term holders (LTHs). The realized price now stands at $20,796, slightly above the LTH realized price of $20,725. The LTH realized price represents the average…

[ad_1] Quick Take On Nov. 9, the crypto market saw significant turmoil, with over $400 million in liquidations. There was a notable change in open interest, especially for Bitcoin and Ethereum. The majority of Bitcoin’s open interest now sits in the U.S. capital markets, with the Chicago Mercantile Exchange (CME) playing a dominant role. This…

[ad_1] Hayden Adams, the Uniswap founder, has refuted rumors of a $2 million exploit on the decentralized exchange (DEX), attributing the misinformation to phishing scammers. Fake Uniswap exploit In a Nov. 10 post on X, Adams shared screenshots exposing the spread of false claims by scammers targeting Uniswap users. These scammers replicated the X accounts…

[ad_1] Bitcoin’s (BTC) recent rally to a yearly high of more than $37,000 has pushed MicroStrategy‘s multibillion-dollar bet on the flagship digital asset into a whopping profit of more than $1 billion. The premier cryptocurrency climbed to nearly $38,000 on Thursday, marking its highest point since May 2022. At the time, the crypto market witnessed…

[ad_1] Japan’s largest investment bank, Nomura Holdings, is launching an Ethereum-based fund for institutional investors through its digital assets subsidiary Laser Digital Asset Management, according to a Nov. 9 press release. The “Laser Digital Ethereum Adoption Fund SP” fund marks the second installment in a series of digital adoption investment solutions introduced by Laser Digital…