Crypto News

USDe Stablecoin and Its Exposure to Bybit: An In-depth Analysis Stablecoins, a type of cryptocurrency that maintains a stable value, have gained significant attention in the digital currency market. One such stablecoin is USDe, which is pegged to the US Dollar. However, a recent report by Ethena Labs has sparked curiosity regarding USDe’s exposure to…

Japan’s Metaplanet: Owner of One in Every 10,000 Bitcoins In a recent announcement, Metaplanet, a Japanese hotel and investment firm, revealed that its Bitcoin (BTC) holdings have surpassed an impressive milestone. The company now owns approximately 2,100 BTC, which equates to one coin for every 10,000 in existence. Metaplanet’s Bitcoin Acquisition Metaplanet’s Bitcoin holdings represent…

The Alleged Theft and Fraud Case Involving Maissa Jebali: A Detailed Explanation In recent news, Maissa Jebali, a well-known figure in the cryptocurrency community, has found herself in hot water after being accused of theft and fraud. The allegations stem from an incident involving the transfer of TRUMP tokens to her personal wallet. Background of…

Bitcoin’s Record-Breaking Rally: A Closer Look The cryptocurrency market has been ablaze with activity in recent days, with Bitcoin (BTC) soaring past the $98,000 mark on Thursday. This latest surge has reignited the debate among traders about whether the elusive $100,000 milestone is within reach or if the current rally is vulnerable to a swift…

Bybit’s Response to the $1.4 Billion Hack: Processing All Client Withdrawals On Friday morning, the cryptocurrency derivatives exchange Bybit announced that all client withdrawals will be processed, even if they are currently under review, following the firm’s reported $1.4 billion hack. This reassuring statement came after a series of alarming news about the security breach…

Brazil’s Securities and Exchange Commission Greenlights Hashdex Nasdaq XRP Index Fund: A New Era for Brazilian Crypto Investors In a groundbreaking move, the Comissão de Valores Mobiliários (CVM), Brazil’s Securities and Exchange Commission, has given the thumbs-up for the Hashdex Nasdaq XRP Index Fund to commence trading. This decision marks a significant step forward for…

Cryptocurrency Market Crash: A Detailed Analysis The cryptocurrency market has experienced a significant downturn in recent days, with major players such as Bitcoin, Ethereum, and Dogecoin taking a nose dive. This decline can be attributed to a multitude of factors, including rough inflation data and the hacking of the Bybit exchange. Inflation Data The US…

The Great Memecoin Melee: Laugh, Cry, and Learn from the LIBRA Fiasco Have you been keeping up with the latest happenings in the cryptocurrency world? If so, you might have heard about the recent LIBRA fiasco that’s been making waves. But before we dive into the drama, let’s set the scene with a little backstory….