Crypto Industry Faces $160 Million Loss from Scams in February 2024 | Certik Reports

Crypto Industry Faces $160 Million Loss from Scams in February 2024 | Certik Reports

Exit Scams And Hacks Cost Crypto Sector $160 million In February In 2024, the crypto industry has already faced over $160 million in losses from hacks, scams, and exploits. Blockchain auditor CertiK reported that most of the losses in February came from exploiting vulnerabilities in crypto projects, with the largest exploit being $32.35 million on … Read more

The US Faces the Risk of Losing Its Position as a Leader in Stablecoins

The US Faces the Risk of Losing Its Position as a Leader in Stablecoins

The U.S. Risks Its Position as a Stablecoin Leader This content highlights the need for regulators and policymakers to approach stablecoin regulation differently than traditional payment systems. While stablecoins may not present more or less risk, they do present different risks due to their underlying technology and use in new forms of payment activity. On … Read more

Bitcoin price faces 200-week trendline as US dollar hits 6-month high

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Bitcoin (BTC) hovered around its key long-term trendline as the US dollar gained strength, reaching its highest level in six months. The BTC price focused on the $25,700 area, showing less volatility compared to the previous day. Bitcoin market participants remained cautious with predictions of a further decline in price. Traders and analysts identified the … Read more