DeFi hacks drop 40% in 2024, CeFi breaches surge to $694M: Hacken

Bitcoin (BTC) price made a small correction yesterday as it dropped from $10,100 towards $9,800. However, today’s bullish momentum returned and the price bounced back above $10,000 to make a new 2020 high at $10,370. So is the continuation of bullish momentum likely? Let’s look at the charts to see what could occur next. Crypto market daily…

In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.”Cause for optimismThe letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18-19 is good news while maintaining that the company will…

Chiliz is setting up a New York office following years of fan token experience in Europe. 1343 Total views 9 Total shares Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday.Dreyfus told Cointelegraph that the firm is setting up an office in New York…

Elizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws. Own this piece of history Collect this article as an NFTUnited States Environmental Protection Agency Administrator Michael Regan and Energy Secretary Jennifer Granholm were the recipients Feb. 6 of another letter…

Financial services firm Blockchain.com doesn’t deny recent efforts to raise capital but disputes claims about selling assets. 2173 Total views 25 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange and financial services firm Blockchain.com has denied attempts to sell assets or subsidiaries, and it is not in talks with…

Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry.Letter of intentEnterprise blockchain news outlet Ledger Insights reported on the partnership on Sept. 26, also noting that the two firms signed a letter of intent to develop their solution to…

Robinhood has been planning expansion into the United Kingdom since 2019 but the project has faced multiple delays. 30 Total views 2 Total shares Cryptocurrency-friendly trading platform Robinhood is moving forward with plans to launch services in the United Kingdom with a new major local appointment.Robinhood has appointed former Barclays executive Jordan Sinclair as the…

Catch up on nonfungible token (NFT)-related news this week as Cointelegraph rounds up the stories you don't want to miss. Bored Apes gets cast in an TV seriesThe Red Ape Family (TRAF) is a new animated comedy series centered on Bored Ape Yacht Club (BAYC) NFTs. Episodes are sold as individual NFTs and run between 5…

Bitcoin-as-a-payment is becoming reality in El Salvador after the country formally recognized the cryptocurrency as legal tender. 831 Total views 26 Total shares El Salvador’s recognition of Bitcoin (BTC) as legal tender has opened up new payment options for its citizens, with fast-food empire McDonald’s reportedly accepting payments in the cryptocurrency through Lightning Network. Journalist Aaron…