Crypto

MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), fell victim to a sophisticated phishing attack, leading to losses exceeding $440,000. The breach occurred through MicroStrategy’s X account, where hackers posted malicious links promoting a fake airdrop of an alleged “official” Ethereum-based MSTR token. MicroStrategy promptly removed the misleading post, but a crypto personality, Spreek, […]

A presidential adviser in Nigeria has ignited controversy by calling for an outright ban on major crypto exchanges like Binance and KuCoin from operating in the country. Bayo Onanuga, an adviser to President Bola Tinubu on information and strategy, took to the social media platform X to level serious allegations against these platforms. The Naira-Dollar […]

The price of Ethereum (ETH) soared past $3,000 on Tuesday. This marked the first time either crossed this key psychological level since April 2022. The second-largest crypto by market cap continued its remarkable recent hot streak. Ether’s price climbed from $2,881 on February 19, surging more than 4% over the last 24 hours. It hit […]

Bitcoin’s recent price rally has not only gripped the attention of investors globally but also rekindled liquidity in the cryptocurrency space. According to Kaiko’s latest report, Bitcoin ETFs received record weekly inflows amounting to a whopping $2.45 billion. This injection of funds increased Bitcoin’s market capitalization to over one trillion dollars for the first time since […]

The popular self-custodial crypto wallet, MetaMask, has completed an integration with Web3 security firm Blockaid to provide security alerts to its users across multiple networks by default. MetaMask extension and mobile app users will now automatically receive alerts about potentially malicious transactions.  The security alerts were integrated by default on the Ethereum Mainnet (via extension) […]

The crypto asset management giant Grayscale has been grappling with a persistent outflow from its spot Bitcoin ETF. Despite a noticeable slowdown, data suggests there is room for further significant withdrawals. Recent Bianco Research and Farside research shows that a massive $7 billion has flowed out of Grayscale’s Bitcoin investment product since it converted to […]

South Korea’s ruling party, the People Power Party, is considering postponing the implementation of crypto investment income tax for another two years during the upcoming election campaign in April, according to a local media report. Aligning with the right-wing party’s “taxation after selection fee” principle for virtual assets. Under the principle, the party preserves the […]

In the cryptocurrency investment world, Bitcoin exchange-traded funds (ETFs) have hit new record highs, surpassing even the most positive of expectations. Thomas, the Co-founder of the Bitcoin tracking platform Apollo, took to Twitter to announce the staggering surge in net inflows, revealing that in just four days, more capital had poured into Bitcoin ETFs than in the […]

The Financial Intelligence Unit of South Korea has announced plans to boost scrutiny over crypto exchanges, enhancing supervision in the thronging market and signalling an affirmative stance toward customer protection in the sphere of digital assets. In December 2023, the Financial Services Commission introduced the Virtual Asset User Protection Act, after which the Financial Intelligence Unit […]