Finance

T he crypto space is undergoing a roller coaster ride since the beginning of the week as the global market cap which was stuck around $1.12 trillion, raised beyond $1.2. Meanwhile, the market cap of the altcoins regained positions above $700 billion. Moreover, the depleting dominance of bitcoin org bitcoin org Event OrganiserTechnologyPayment solution Followers …

Top Predictions for the Coming Week! This Could be the Next Move for These Altcoins!  Read More »

Leading cryptocurrency exchange Binance has helped recover crypto assets worth about $450,000 stolen from Curve Finance users. The funds represent about 83% of the total amount stolen from users.  Binance CEO Changpeng Zhao shared the update on Twitter today, noting that the Curve Finance hacker sent the assets to Binance using different techniques to bypass …

Binance Recovers 83% of Stolen Funds in Curve Finance DNS Attack Read More »

Global Brokerage Inc., the owner of FXCM, an online forex trading and contract for difference (CFD) broker, recorded a 21.6% growth in its net revenue in the second quarter of 2022. The net revenue in the quarter came in at $37.83 million, which is a significant rise from the $31.1 million generated during the first …

Global Brokerage’s Net Income Surges by 22% to $37.8 Million in Q2 2022 Read More »

Finance Magnates Group has continued to see several important developments over the years, charting its steady growth and evolution. This includes its latest string of promotions, having retained and elevated multiple key veterans into new roles that will take Finance Magnates Group forward in the years to come. Finance Magnates Group has always stayed one …

Finance Magnates Group Grows with Promotion of Several Executives Read More »

The payment technology firm, Finix recently announced that the company has raised $30 million in its latest funding round. The fintech firm also witnessed a jump in its valuation. The details shared by Finix show that it has raised a total of $133 million in funding so far. Some of the leading names in the …

Finix Secures $30 Million in the Latest Funding Round Read More »

Binance has frozen $450,000 of stolen funds from the Curve Finance front-end exploit. FixedFloat had also frozen about $200,000 in funds. The exploit was quickly patched by the team, limiting the damage. There has been an update from the front-end hack incident of Curve Finance, with Binance seizing $450,000 of the stolen funds. That makes …

Binance Freezes $450K of Funds Stolen During Curve Front-End Exploit Read More »

On August 10, the Dutch Crime Agency (FIOD) announced the arrest of a 29-year-old developer of Tornado Cash, a cryptocurrency mixer built on the Ethereum network that was sanctioned earlier this month by the U.S. Treasury Department. The U.S. banned Tornado Cash because the platform had a large-scale currency laundering lending potential and helped anonymize …

Tornado Cash Developer is Arrested in Amsterdam Read More »

Maximiliano Hinz – top executive of Binance Latin America – argued that the spiking inflation is the main reason why the largest cryptocurrency exchange has amassed more clients in recent months. Another factor is the historically strong dollar, which has weakened other fiat currencies from emerging markets. Over the past few years, numerous experts and …

Binance’s User Count Growing Due to Inflation, Says the Company’s Latin America Head Read More »

Leading cryptocurrency exchange Binance has helped recover crypto assets worth about $450,000 stolen from Curve Finance users. The funds represent about 83% of the total amount stolen from users.  Binance CEO Changpeng Zhao shared the update on Twitter today, noting that the Curve Finance hacker sent the assets to Binance using different techniques to bypass …

Binance Recovers 83% of Stolen Funds in Curve Finance DNS Attack Read More »

Solana mobile wallet provider Slope Finance, said to be responsible for the recent multi-million dollar incident, has admitted to a security vulnerability while adding that there is no evidence linking the security flaw to the hack. This is despite the fact that Solana Labs researchers have fingered the wallet provider’s security lapses as the cause …

Solana Wallet Slope Says no Evidence Linking Security Flaw to $4 Million Hack Read More »