The Justin Sun-linked crypto exchange HTX has witnessed $258 million in outflows in the wake of a $30 million exploit in November. Crypto investors have been moving their assets away from crypto exchange HTX (formerly known as Huobi) following a Nov. 22 exploit that saw the exchange pause its services and lose a total of […]

The post HTX Crypto Exchange Drained of $258 Million Post-Hack appeared first on Coinpedia Fintech News November saw a series of high-profile breaches in the cryptocurrency world, with hackers targeting five major exchanges – HTX, Poloniex, Heco Bridge, KyberSwap, and Kronos Research – resulting in a staggering theft of $290 million. The alarming frequency of […]

The post Meme vs Utility, time for investors to shift from Pepe (PEPE) to Retik Finance (RETIK) ahead of halving? appeared first on Coinpedia Fintech News Meme coins and utility coins are two different types of cryptocurrencies. Meme coins are based on jokes or internet memes. They have no actual use or value. Utility coins […]

The post Breaking Down Tether’s Latest Sanctions: 161 Wallets Frozen, 11 with USDT Holdings appeared first on Coinpedia Fintech News For almost a decade, Tether cruised along with little attention to rules. But things took a turn three weeks after the FBI and Secret Service came into the picture. Now suddenly they decide to “proactively […]

Onlookers praised the Gemini tech demo from Google upon its release last week but the tech firm admits some of it was jazzed up for “brevity.” A “hands-on” tech demo of Google’s new artificial intelligence model Gemini has gone from being the talk of the town to being accused by critics of being “basically entirely […]

During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK) technology became one of the most consistent talking points in the crypto space. Stablecoin Inflows […]

The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains. The price of Bitcoin (BTC) briefly fell below $41,000 following a sudden 6.5% drawdown from $43,357 to as low as $40,659 in just 20 minutes at 2:15am on Dec. 11 (UTC).  At the time […]

The post Bitcoin Breaks Below the Support; Will the Correction Drag the BTC Price Below $40,000? appeared first on Coinpedia Fintech News In a shocking move, nearly $150 million was liquidated from the crypto space in the past few moments, causing a huge drop of over 7% to 8% in the BTC price. After consecutive […]

The dog-themed token has surged to become the third-largest memecoin overall. A Solana-based dog-themed memecoin called Bonk (BONK) has now become the third-largest memecoin by market capitalization, surging past that of fellow memecoin Pepe (PEPE) on Dec. 8. Bonk’s recent price growth — 370% in the last month — has seen its market cap grow […]

Financial services giant Fidelity recently met with the U.S. Securities and Exchange Commission (SEC) regarding its spot bitcoin exchange-traded fund (ETF) application. Like Blackrock, the world’s largest asset manager, Fidelity appears to be pushing to use the in-kind creation model for its spot bitcoin ETF. Fidelity’s Meeting With SEC Officers from financial services giant Fidelity […]