Cryptocurrency

Our Cryptocurrency Team delivers the latest in grates when it comes to news from the blockchain world

Hacken reports a breach at Bybit, with over $5.3 billion in withdrawals, yet confirms its reserves surpass its obligations.

Despite suffering a substantial $1.4 billion breach on February 21, leading to a loss of more than $5 billion in assets, Bybit continues to be financially robust. Independent audits validate that the company’s reserves surpass its debts, offering a solid guarantee for the security of investors’ capital.

The SEC’s Dismissal of Coinbase (COIN) Case Could Elevate Robinhood (HOOD) Stocks, Tokens Suspected of Being Securities

The potential abandonment of the lawsuit against Coinbase by the Securities and Exchange Commission (SEC) could bolster the outlook not only for cryptocurrencies that were previously tagged as securities during the past regime, but also could enhance the value of Robinhood’s (HOOD) stocks. More Details: SEC Likely to Dismiss Lawsuit […]

Venture Capitalists in Cryptocurrency Show Enthusiasm for AI Agents, But Hold Back on Investments

Managing Partner at Pantera Capital, Paul Veradittakit, has expressed that artificial intelligence (AI) has the capability to significantly boost trading volumes in the cryptocurrency sector. Veradittakit believes that the integration of AI in crypto trading may lead to an explosion in trading volumes. This perspective provides valuable insights to potential […]

Hedera Faces Difficulty Sustaining Pace Following a 40% Price Adjustment

“Hedera Faces Challenges in Sustaining Pace Following a 40% Downturn” Hedera, the advanced network technology, is currently grappling with difficulties in preserving its dynamic pace subsequent to a hefty 40% market correction. Despite this setback, the company remains in the limelight for potential investors and individuals harboring an interest in […]

Wingbits Set to Propel Satellite to Enhance Precision in Flight Monitoring Using DePIN

Wingbits, a Swedish blockchain-based aviation data network, is set to expand its capabilities with the introduction of satellite-tracking. This strategic move is part of the company’s ambitious plans to penetrate the lucrative $22 billion aviation data sector. Wingbits’ latest venture, a satellite launch in partnership with Spire Global, an operator […]

CEO of Amboss Discusses the Expansion of Bitcoin’s Lightning Network and Tether’s (USDT) Presence on Lightning

Founding Members: Jesse Shrader and Anthony Potdevin Established: March 2021 Main Office: Nashville, TN Employee Count: 10 Website: https://amboss.tech/ Publicly Traded or Privately Owned? Privately Owned Jesse Shrader predicts a significant year for the Lightning Network. As Bitcoin’s value increases and Tether (USDT) integrates into Lightning, Shrader believes more businesses […]