CertiK exploited a critical vulnerability in Kraken’s system, withdrawing nearly $3 million in digital assets.
Kraken accused CertiK of extortion for withholding the return of the funds until Kraken agreed to a payment.
CertiK claimed Kraken threatened their employees and failed to provide repayment addresses.
The incident highlights the importance of responsible disclosure practices in the crypto security sector.
Kraken has re…
Standard Chartered Bank is launching a Bitcoin and Ethereum trading desk in London.
The move is in response to growing institutional demand for direct investment in digital assets.
The bank is among the first major global banks to offer direct cryptocurrency trading.
The new desk will be part of the bank’s foreign exchange (FX) trading unit.
Standard Chartered has been working closely with regulators to support institutional cl…
Bitcoin experienced a dip in June 2024, leading to a rise in the value of various altcoins.
Bitcoin whales sold over 50,000 BTC worth $3.30 billion in just 10 days, contributing to the decline.
Altcoins like $hbar, $crv, and others showed potential for a turnaround during the Bitcoin dip.
The crypto market saw a shift in dominance as altcoins began to outperform Bitcoin.
Bitcoin’s $66K support level is crucial, with a high leve…
The SEC has decided to drop its investigation into Ethereum, a move that has been celebrated as a significant victory for the cryptocurrency industry. The decision came after Consensys, a major player in the Ethereum ecosystem, filed a lawsuit against the SEC, challenging the agency’s classification of ether as a financial security. The SEC had previously issued a subpoena to the Ethereum Foundation in March 2024 to classify ETH as a security…
The crypto market experiences a downturn, mirroring the dip in tech stocks.
MicroStrategy buys $786 million more in Bitcoin, reinforcing its bullish stance on the cryptocurrency.
The German government reportedly trims its Bitcoin holdings, raising questions about its investment strategy.
The market remains divided on the implications of these developments for the future of cryptocurrencies.
German Government Reportedly Tri…
