Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined

Longfin, a blockchain-related firm that conducted a $27 million IPO in 2017, has been ordered to repay $223 million to investors. 1079 Total views 9 Total shares A Manhattan federal judge has ruled that Longfin — a now defunct firm whose shares surged 1000% in 2017 after it bought an undervalued crypto company  —  must…

Demand for Aave has boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment’s upcoming institutionally focused investment vehicle.The San Francisco-based asset management firm announced Wednesday that it would invest directly in Aave to back its “Bitwise Aave Fund,” a fund created to build a bridge between accredited investors and…

Bitcoin price descends to $60,000, but will traders buy the dip in BTC and altcoins?

The digital dollar has been the talk of the crypto world this week. Drafts of the COVID-19 stimulus bill first included and then discarded the creation of digital dollar wallets; a digital distribution method that would enable direct aid to citizens. The version of the “Coronavirus Aid, Relief, and Economic Security Act” that became law on…

South Korean prosecutors have reached out to Binance to request a halt on any withdrawal linked to Do Kwon. 1095 Total views 49 Total shares Own this piece of history Collect this article as an NFTSouth Korean prosecutors have identified 414.5 billion won ($314.2 million) in illicit assets associated with Terraform Labs co-founder Do Kwon…

Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks could take BTC as high as $37,000Data from Cointelegraph Markets Pro and TradingView followed the largest cryptocurrency as it circled $31,500 on the back of 6% daily gains.The start of…

What price high must Bitcoin hit to account for the past three years of U.S. dollar inflation? 3722 Total views 15 Total shares Bitcoin's (BTC) price rose to almost $20,000 in 2017 before losing more than 80% of its value at the end of the initial-coin-offering boom. In the years since, the asset has never…

The United States equities markets have made a bullish start to the new week. The S&P 500 is up about 2.60% and the Nasdaq Composite has rallied more than 3%. This indicates that the markets have shrugged off September's high inflation reading and shifted focus onto the third-quarter earnings.The stock market’s recovery could pave the…

The next BTC bull market will last longer than previous ones due to the latest banking crisis, according to Swan Bitcoin CEO Cory Klippsten. 590 Total views 9 Total shares Own this piece of history Collect this article as an NFTThe latest banking crisis could lead to “the first-ever extended duration bull market” for Bitcoin…