Month: December 2024

The cryptocurrency market continues to expand, offering a range of innovative projects that provide both short- and long-term profit potential. While Bitcoin (BTC) maintains its dominance, altcoins such as Ethereum (ETH), Solana (SOL), Cardano (ADA), Avalanche (AVAX), Polkadot (DOT), and Polygon (MATIC) are gaining traction with cutting-edge technology and unique…

The year 2024 saw an alarming rise in cryptocurrency hacking incidents, with stolen funds surging to a staggering $2.2 billion, marking a 21.07% increase from the $1.8 billion stolen in 2023. This report by Chainalysis highlights the persistent vulnerabilities within the crypto ecosystem, even as it matures. Key Insights from…

Cryptocurrency has been heralded as the future of finance, but as its adoption grows, so does its allure to cybercriminals. According to a recent report by blockchain analytics firm Chainalysis, losses from crypto-related hacks have climbed 21% in 2024, reaching a staggering $2.2 billion. This marks the fourth consecutive year…

Coinbase Legal Chief Responds to $1B Lawsuit Over wBTC Delisting: What You Need to Know In a recent legal battle, Coinbase is facing a significant $1 billion lawsuit from BiT Global Digital, accusing the exchange of anticompetitive practices tied to the delisting of Wrapped Bitcoin (wBTC) in November. This lawsuit…

Ukraine is making strides toward the legalization of cryptocurrencies, with a draft bill expected to be finalized by early 2025. This move, led by Daniil Getmantsev, head of the tax committee of the Verkhovna Rada, aims to regulate digital assets within a structured framework while avoiding tax incentives. Key Highlights…

MicroStrategy, a pioneering corporate Bitcoin holder, continues to cement its position as a major player in the crypto space. Between November 25 and December 1, the company announced it acquired 15,400 BTC for $1.5 billion, funded through a stock sale under its at-the-market (ATM) equity program. The Numbers Behind the…