The recent cyber attack on ByBit, a prominent cryptocurrency exchange, has shaken the crypto community to its core. Approximately $1.5 billion, primarily in Ethereum (ETH), has fallen victim to this breach, marking it as one of the most significant hacks in cryptocurrency history. On February 21, ByBit took to social media to announce the discovery
In the intricate tapestry of life, family serves as the most vital thread that weaves our experiences together. I, Godspower Owie, hail from Edo State, Nigeria, where my upbringing was enriched by the presence of my three siblings who have consistently inspired and mentored me. Often viewed as role models in our formative years, they
The high-profile bankruptcy of FTX has left a multitude of creditors in limbo, particularly those situated in countries such as Russia, China, Egypt, Nigeria, and Ukraine. Sunil Kavuri, a spokesperson for the FTX Creditors’ group, recently highlighted the complexities surrounding the compensation process for these international creditors. The fact that substantial portions of FTX’s global
In a significant move that could reshape the landscape of cryptocurrency regulation, Coinbase has secured an agreement with the Securities and Exchange Commission (SEC) to dismiss the enforcement case against them, pending regulatory endorsement. This development has rejuvenated Bitcoin’s market value, pushing it back above $99,000. However, this resolution is not merely a victory for
Aayush Jindal’s name resonates with authority in the financial trading world, particularly in Forex and cryptocurrency. With over 15 years of dedicated experience, he has excelled as a financial expert renowned for his technical analysis capabilities. Investors across the globe turn to him for insights that untangle the complexity of contemporary financial markets. Aayush’s journey
In the constantly evolving landscape of financial markets, few individuals have managed to carve out a niche as effectively as Aayush Jindal. With an impressive 15 years of experience in both Forex and cryptocurrency trading, Aayush has established himself as a leading figure whose insights and analyses are sought after by investors around the globe.
Ethereum (ETH) has recently displayed optimistic signals, particularly as it hovers above the $2,680 threshold. The cryptocurrency’s movement is critical not just for traders but also for investors looking to gauge the overall health of the market. Recent analysis indicates a potential upward trajectory, with a notable price push above $2,755 possibly igniting further bullish
Since early February, Bitcoin has found itself in a period of consolidation below the $100,000 milestone. This stagnation reflects not just market mechanics but also a notable shift in investor sentiment. Initial exuberance about the potential for Bitcoin’s ascent, fueled by favorable political changes in the United States, has begun to cool. The fervor that
Kraken, the prominent cryptocurrency exchange, has recently reported an astronomical spike in data requests from law enforcement and regulatory bodies in 2024, as outlined in its latest transparency report. The figure of 6,826 requests marks a 38.6% increase from the previous year, raising crucial questions about the regulatory environment surrounding digital currencies. A substantial portion
The landscape of digital asset regulation is undergoing a significant metamorphosis as the U.S. Securities and Exchange Commission (SEC) has announced its newly established Cyber and Emerging Technologies Unit (CETU), superseding its previous Crypto Assets and Cyber Unit. This initiative is not merely a rebranding but a strategic realignment of the SEC’s approach to the
