Economic news

Bitcoin’s Correction Amid Profit-Taking Signals Bull Cycle Continuation: Insights from CryptoQuant

Bitcoin experiences a 15% correction after reaching an all-time high of $73,700, driven by profit-taking from miners, whales, and large investors. CryptoQuant analysts...

Heco Bridge Hacker Transfers $137 Million in Stolen ETH to Tornado Cash

The hacker responsible for the Heco bridge exploit transferred 40,391.8 ether to Tornado Cash, a mixing platform. Onchain analysis by Peckshield reveals the...

Terra Founder Do Kwon Released Amid Extradition Proceedings Slug: terra-founder-do-kwon-released-montenegro

Do Kwon, the co-founder of Terraform Labs, has been released from prison in Montenegro while awaiting a decision on extradition requests from...

Bitcoin Advocate Nayib Bukele Secures Second Term as El Salvador’s Presiden

- El Salvador's President Nayib Bukele Marks Landslide Victory: Bukele's party, Nuevas Ideas, secures over 85% of votes. - Bitcoin's Vocal Proponent: Bukele,...

El Salvador Defies IMF, Upholds Bitcoin as Legal Tender Amidst Loan Negotiations

El Salvador Stands Firm: Vice President Ulloa asserts bitcoin's legal tender status. IMF's Repeated Calls: IMF urges removal of bitcoin's legal tender status...

UAE’s Digital Dirham Marks Milestone with Cross-Border Transfer to China

Sheikh Mansour Bin Zayed Al Nahyan initiates a historic Dh50 million cross-border payment to China using the UAE Central Bank's Digital Dirham. The...

El Salvador’s Bitcoin Commitment Holds Strong Amid Elections

El Salvador's Vice President Félix Ulloa affirms commitment to Bitcoin if reelected. IMF approaches El Salvador to reconsider Bitcoin policies during $1.3-billion loan...

Hong Kong Launches Probe into Worldcoin’s Privacy Practices

Privacy Investigation: Hong Kong's PCPD initiates an inquiry into Worldcoin's local operations. Data Privacy Risks: PCPD expresses concerns over serious risks to personal...

China Suspends Restricted Shares Lending Amid Market Turbulence

CSRC Intervention: China Securities Regulatory Commission (CSRC) suspends lending of restricted shares from Jan. 29. Fair Market Measures: New rules aim to enhance...

Nigerian Crypto Exchanges Face Licensing Challenges Amid SEC Guidelines Scrutiny

SEC Guidelines Overhaul: Analysts advocate revisiting SEC guidelines to favor local crypto exchanges. Licensing Requirements: Existing guidelines pose challenges for Nigerian exchanges to...

BIS Unveils 2024 Agenda: CBDC Privacy Testing and Tokenization Projects Take Center Stage

BIS Roadmap: CBDC privacy testing advances to the next phase. Tokenization Initiative: Project Promissa to pioneer digital tokenized promissory notes. Collaborative Efforts: BIS...

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Heco Bridge Hacker Transfers $137 Million in Stolen ETH to Tornado Cash

The hacker responsible for the Heco bridge exploit...

Bitcoin Miners Nearing February Earnings Amidst Impending Difficulty Adjustments

Bitcoin miners face two upcoming difficulty adjustments before...

Bitcoin Surges Over $7K Post-Fed Meeting, $320M Liquidated

Bitcoin's price dipped below $61,000 before Federal Reserve's...
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