Dormant Cardano wallet loses millions in botched token swap
Dormant Cardano wallet loses millions in botched token swap
Dormant Cardano wallet loses millions in botched token swap
For months, big-name crypto boosters promised an “unbelievable” fourth quarter (Q4) — and they weren’t wrong, just not in the way they intended. Bitcoin, the industry’s top digital asset, has performed poorly since Q4 began. It hit a six-month low over the weekend as liquidity thinned across global markets. The coin dropped to the 92,970…
Summary Digital asset investment products saw $2 billion in weekly outflows, totaling $3.2 billion over three weeks, with the U.S. leading the losses. Bitcoin and Ethereum products suffered the largest withdrawals, while multi-asset funds attracted $69 million in inflows as investors sought diversification. Analysts cite weak market momentum, declining ETF interest, and monetary policy uncertainty,…
Bitcoin price bounced after a six-month low, but weak liquidity and ongoing liquidations keep the market unsure about near-term direction. Summary Bitcoin price hit a six-month low on Sunday before a mild rebound toward 95,500. Weak liquidity, ETF outflows, and heavy leverage continue to pressure the market. Analysts expect slow or sideways movement unless support…
Unregistered Crypto Firms in Canada Facilitate Money Laundering, Investigation Finds Summary Undercover investigation shows unregistered crypto firms across Canada enabling anonymous cash-for-crypto deals, violating money laundering rules. Platforms transact millions with minimal compliance—one Toronto storefront exchanged cash using only a bill’s serial number as ID. Experts warn enforcement gaps; FINTRAC lacks resources, as firms offer…
Institutional investors largely unaware of Bitcoin Core-Knots debate, Galaxy Digital survey finds Summary 46% of surveyed institutional investors had no knowledge of the Bitcoin Core versus Bitcoin Knots debate Only 18% of respondents held strong opinions, all supporting Bitcoin Core’s approach Major mining operations show minimal concern about the protocol dispute, according to Galaxy Digital…
Chainlink price has formed multiple bearish patterns that suggest its ongoing downtrend could extend over the coming weeks. Summary Chainlink price is down nearly 50% from its yearly high. LINK price is close to confirming a death cross on the 1-day chart. According to data from crypto.news, Chainlink (LINK) hit a yearly high of $27.70…
Stablecoins could pose a risk to financial stability and inflation in Europe that could compel the European Central Bank to reconsider its monetary policy, according to Dutch central bank governor Olaf Sleijpen. Summary ECB’s Olaf Sleijpen warns stablecoins could disrupt financial stability and inflation control in Europe. Sleijpen said the ECB may need to act,…
Summary Tom Lee claims Ethereum is following in Bitcoin’s footsteps, warning of steep corrections but vast upside. Detractors ask what sets Ether apart from hundreds of rival coins and question its real-world utility for traditional finance. Future growth depends on stronger on-chain activity, Layer 2 innovation, and expanded institutional adoption. Ethereum (ETH) is “entering the…
207 billion SHIB tokens exit exchanges in 24-Hour period, largest outflow in months. Summary 207 billion SHIB tokens exited exchanges in 24 hours, marking the largest withdrawal in months. Despite major outflows, SHIB’s price remained stable due to weak market momentum and technical resistance. Investors show neutral stance, holding tokens as Shiba Inu awaits new…