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Hackers hacked the account of the American rock band Metallica on the social network X in order to advertise their METAL token on the Solana blockchain. The scammers managed to earn $3 million. In the first tweet posted on behalf of Metallica, the attackers announced that the METAL token will improve fan interaction with the music group. Subscribers were told that the METAL developers are collaborating with the Ticketmaster service, so investors have access to
Reuters, citing its own sources, reports that negotiations between the SEC and asset managers have reached the final stage, and the regulator may approve ETH-ETF before July 4, 2024. According to Reuters, the process of making changes to the documents for the placement of ETFs on air has advanced to the stage of resolving minor comments. Lawyers for companies that have submitted applications for ETH-ETF are confident that there is no more than a week
Investment firm CryptoQuant CEO Ki Yoon Joo said Bitcoin whales and miners have reduced their positions through over-the-counter platforms by $1.2 billion over the past two weeks. According to the analyst, over the same period of time, the outflow of funds from spot Bitcoin ETFs exceeded $460 million. Ki Young Ju believes that miners may switch from mining Bitcoin to participating in projects related to artificial intelligence, which will lead to significant sales of their
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
Crypto security experts at CertiK admitted that they were the same white hat hackers who found a vulnerability in the American exchange Kraken and were accused of stealing $3 million worth of crypto assets. On Wednesday, June 19, Kraken security director Nick Percoco reported that a group of undisclosed anonymous white hat hackers illegally took possession of approximately $3 million worth of digital assets. According to Nick Percoco, attempts by the Kraken administration convincing the
US software company MicroStrategy, one of the largest publicly known Bitcoin holders in the world, has notified the US Securities and Exchange Commission that it has acquired an additional 11,931 BTC. MicroStrategy filed a Form 8 report with the SEC on its $786 million acquisition of Bitcoin assets on Thursday, June 20. In total, from April 27 to June 19, the company purchased BTC at an average price of $65,883 per coin. MicroStrategy founder Michael
The US Senate has overwhelmingly passed a bill repealing the Securities and Exchange Commission’s SAB 121, which would have prevented US banks from acting as custodians of their clients’ digital assets. In 2022, the Securities and Exchange Commission (SEC) amended SAB 121 to require financial institutions that provide custody services for cryptocurrencies to maintain a 100% loss reserve. The SEC has required banks to account for this type of asset as a liability to customers.
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
The CEO of 10T Holdings shared with his subscribers his observations about what factors could push Bitcoin to $90,000 per coin and above. Dan Tapiero suggested that the main reason could be overcoming the “critical mark” of $65,000. Immediately after this, Bitcoin, the businessman and investor believes, could quickly grow by at least 45%. Currently, the first cryptocurrency is going through a short period of downward consolidation after a long bullish trend. According to the
Bernstein experts announced that the so-called Bitcoin price plateau that occurred after halving suits miners. Large companies will be able to increase their market share by expanding infrastructure and introducing new capacities. Bernstein experts Gautam Chhugani and Mahika Sapra believe that we should not expect a significant drop in Bitcoin in the short term. The first cryptocurrency will remain in a limited range as funds invested in Bitcoin ETFs are redistributed to asset management platforms