Cryptocurrency News

December, 2024

• 2 December

  DMM Bitcoin Closes Operations Following Major Cyberattack and Losses

  

  DMM Bitcoin, once a leading cryptocurrency exchange in Japan, ceased operations in October 2024 following a devastating hack in May that resulted in the theft of $320 million worth of digital assets. The breach, caused by private key theft, led to the loss of 4,500 Bitcoin, and despite efforts to restore services, the platform couldn’t recover due to the scale …
• 2 December

  Bitcoin’s December Rally Predicted to Soar Past $100K

  

  Bitcoin experienced a significant 37.3% rise in November, driven by Donald Trump’s U.S. Presidential election victory, and experts predict the rally will continue in December. With Bitcoin currently trading around $96,922, analysts forecast a potential 30-46% surge, pushing prices up to $141,000 by the end of the year. Blockchain analytics firm Spot On Chain highlights that historical data shows Bitcoin …
• 2 December

  Crypto Hiring Boom Set for 2025: Regulatory Clarity, Trump Win, and Global Exchanges Drive Job Surge

  

  The cryptocurrency sector in India is poised for a significant hiring boom by early 2025, driven by regulatory clarity, institutional interest, and the entry of global exchanges, according to a report by the Economic Times. The industry is stabilizing following Donald Trump’s 2024 U.S. Presidential election victory and growing domestic support, with hiring expected to peak by March 2025. Elon …