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24 December

Jio Payments Bank Offers Rewards Worth ₹5,000 for New Account Holders This Festive Season

Jio Payments Bank has announced a special festive offer, giving rewards worth ₹5,000 to customers who open a new savings account between December 25 and December 31, 2024. The rewards include coupons from popular brands like McDonald’s, EaseMyTrip, and Max Fashion. The bank, known for its digital-first approach, allows customers to open a savings account in under five minutes. Key …

24 December

Hyperliquid Labs Refutes North Korea Exploit Claims, Assures User Funds Are Safe

Hyperliquid Labs, a prominent cryptocurrency trading platform, has issued a firm denial of recent reports alleging its involvement in an exploit linked to North Korean hackers. In an official statement, the company emphasized that all user funds remain secure and that no breaches have occurred within its systems. The Allegations Reports surfaced earlier this week suggesting that Hyperliquid Labs may …

24 December

Crypto Fear & Greed Index Plunges to Lowest Point Since Trump’s Election Win

The Crypto Fear & Greed Index has reached its lowest level since the shock election of Donald Trump in 2016, signaling extreme fear and uncertainty within the cryptocurrency market. The index, which measures the overall sentiment of the market by tracking factors such as volatility, market momentum, social media activity, and investor sentiment, has dipped to an alarming level of …

24 December

HEX Soars 15% in 24 Hours Following Interpol Red Notice for Founder

In a dramatic turn of events, the price of HEX, the controversial cryptocurrency token, spiked by 15% in just 24 hours after Interpol issued a Red Notice for its founder, Richard Heart. The sudden surge in HEX’s value has left market observers puzzled, as the cryptocurrency community grapples with the implications of this international legal development. The Interpol Red Notice …

24 December

MicroStrategy Acquires 5,262 BTC for $561M, Boosts Total Holdings to 444,262 BTC

In a bold move to further solidify its position as one of the largest institutional holders of Bitcoin, MicroStrategy has acquired an additional 5,262 BTC for $561 million, bringing its total Bitcoin holdings to an impressive 444,262 BTC. The purchase underscores the company’s continued confidence in Bitcoin as a long-term store of value despite fluctuations in the market. A Strategic …

24 December

Crypto Industry Faces $1.49B in Losses to Hacks and Fraud in 2024, But Declines 17% YOY: Immunefi Report

The cryptocurrency industry has suffered a staggering $1.49 billion in losses due to hacks and fraud in 2024, according to a new report by Immunefi, a leading bug bounty platform and security service provider for the blockchain industry. While this figure remains eye-watering, it marks a notable 17% decrease compared to the previous year, signaling a possible shift toward improved …

24 December

South Korean Regulator Dismisses Claims of Upcoming Crypto Purchases by Companies

The South Korean Financial Services Commission (FSC) has swiftly rejected recent reports suggesting that the country is on the verge of allowing businesses to purchase cryptocurrencies as part of their operational activities. In an official statement, the FSC clarified that no such plans are currently under consideration, effectively quashing speculation that companies would soon be able to hold digital assets …

24 December

Gate.io Acquires Coin Master, Marks Triumphant Return to Japan’s Crypto Market

Gate.io, one of the world’s leading cryptocurrency exchanges, has announced its acquisition of Japan-based crypto exchange Coin Master, signaling its return to the Japanese market after a strategic hiatus. This move marks a significant step in Gate.io’s global expansion efforts, aligning with its mission to establish a stronger presence in highly regulated markets. A Strategic Acquisition Coin Master, a registered …

24 December

Philippines SEC Unveils Bold Plan to Regulate Crypto Service Providers

The Philippines Securities and Exchange Commission (SEC) has proposed a comprehensive regulatory framework aimed at tightening oversight of cryptocurrency service providers in the country. The move seeks to address growing concerns about fraud, money laundering, and investor protection in the fast-evolving digital asset space. Why Now? The crypto market in the Philippines has seen explosive growth, fueled by increasing adoption …

24 December

Hyperliquid Hit by Record Outflow as North Korean Hacker Allegations Surface

Hyperliquid, a fast-growing cryptocurrency trading platform, is grappling with an unprecedented outflow of funds following allegations of its involvement in facilitating transactions linked to North Korean cybercriminals. The platform, renowned for its lightning-fast execution and innovative trading features, is now under intense scrutiny as investigators examine claims of illicit activity tied to its systems. A Sudden Exodus of Funds The …