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

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

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 …

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Institutional Interest Increases in Ethereum With The Merger Around The Corner

Institutional Interest Increases in Ethereum With The Merger Around The Corner

The Ethereum upgrade is all the hype these days and is highly anticipated due to the scalability and security it promises. After multiple tests ran successfully, people are hopeful of a smooth launch in September.  Ethereum 2.0 is expected to be more energy-efficient and, hence, a planet-friendly network that will allow more transactions and increased …

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This is When Ethereum (ETH) Price May Rise Above to Test the Upper Targets Close to its ATH

This is When Ethereum (ETH) Price May Rise Above to Test the Upper Targets Close to its ATH

Ethereum price is soaring high displaying acute strength while the rise in the Bitcoin price is providing a substantial base. Further, while the star crypto remains undisturbed to some extent, the second largest asset may get a chance to propel high.  However, the upcoming weekend may turn out to be pivotal as the price is …

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Ethereum (ETH) Leaving Exchanges at Rapid Rate This Week, While Bitcoin Moving in the Opposition Direction

Ethereum (ETH) Leaving Exchanges at Rapid Rate This Week, While Bitcoin Moving in the Opposition Direction

On August 12, Lucas Outumuro, head of research at analytics firm ‘IntoTheBlock’ published weekly observations about the market.  Lucas covered the last step of preparing Ethereum for the merge, its implications on Ethereum as well as staked ETH, and the upcoming ETHPow token. Lucas also evaluated the institutional demand for Bitcoin, by looking at the …

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

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

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 …

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

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

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 …

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

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

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 …

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Finance Magnates Group Grows with Promotion of Several Executives

Finance Magnates Group Grows with Promotion of Several Executives

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 …

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