Ethereum funds see record net inflows of $2.2B in 2024

Liquidators of defunct New Zealand cryptocurrency exchange Cryptopia have applied to secure user data stored in the United States as part of refund proceedings, a statement confirmed on May 27.Cryptopia, which suffered a hack in January, has spent months cooperating with law enforcement worldwide in an effort to control stolen funds worth around $16 million.The…

Bitcoin mining companies outperformed BTC price by a huge margin amid the recent bullish price action in the top cryptocurrency.The average year-to-date gains in 2023 across the stocks of top nine public Bitcoin mining firms by market capitalization stood at 257.14%. The figure is almost three times higher than BTC’s gain in the same period.The…

Bitcoin’s price has been rallying in tandem with altcoins, sending mentions of the markets flipping back to a bullish supercycle for Bitcoin (BTC). The flagship cryptocurrency went through the resistance levels of $42,000 for the first time since May 19, hitting a peak of $42,541 on July 31. Alongside the market rally, the Bitcoin dominance (BTCD)…

During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC made a run at $64,000 and Ether (ETH) hit a new all-time high…

A future digital euro wouldn't be a threat to savers, say officials from the European Central Bank. 335 Total views 2 Total shares The European Central Bank, or ECB, has been investigating the possibility of launching a digital euro project within five years to complement existing central bank money. But whereas high-profile leaders such as…

The AFR’s list contains 87 of Australia’s richest entrepreneurs aged 40 and under, with each boasting a net worth greater than AUD 36 million ($26.9 million). The list is topped by Melanie Perkins and Cliff Obrecht, the co-founder and chief operating officer (COO) of popular graphic design software providers Canva. The married couple has an…

South Korea’s central bank issued a warning over central bank digital currencies (CBDCs) a week after saying it would not introduce one itself. The development was reported in local news outlet Yonhap News Agency, Feb. 7.CBDCs, which are also known variously as state-backed or government-backed digital currencies, involve a blockchain-based version of a country’s fiat…