Radiant Capital, a decentralized finance (DeFi) platform, recently disclosed shocking details surrounding a significant hack that occurred in October, leading to a staggering loss of $50 million. Investigations have linked the breach to a hacking group associated with North Korea, a revelation that underscores the growing threat posed by state-sponsored cybercriminals in the ever-evolving crypto
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In a notable strategic move, Coinbase has initiated Project Diamond, an ambitious endeavor aimed specifically at serving institutional clientele beyond U.S. borders. Unveiled in a recent announcement on December 10, this initiative is spearheaded by Coinbase Asset Management and seeks to capitalize on the burgeoning interest in digital assets among institutional investors. Utilizing an impressive
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In a groundbreaking move for the digital asset trading world, Crypto.com, a prominent player in the Singaporean market, has joined forces with Deutsche Bank. This partnership is particularly significant as it aims to integrate traditional banking services with cryptocurrency trading, catering to users in select countries, including Singapore, Australia, and Hong Kong. This alliance exemplifies
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In the ever-expanding landscape of online gaming, RavenQuest stands out as a unique contender that leverages the advantages of Web3 technology. As a free-to-play top-down MMORPG, it invites players into a dynamic world where their actions significantly influence economic systems, resource availability, and even the very land upon which they traverse. Unlike traditional MMORPGs, which
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The cryptocurrency market is once again experiencing a substantial downturn, with Bitcoin recently plummeting beneath the $95,000 threshold for the second time in a relatively short period. This downward trend isn’t limited to Bitcoin alone; it has cascaded through the market, affecting a slew of alternative cryptocurrencies (altcoins). While many coins find themselves in a
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Tether’s USDT stablecoin has achieved a momentous approval as an Accepted Virtual Asset (AVA) in the Abu Dhabi Global Market (ADGM). Announced by the Financial Services Regulatory Authority (FSRA) on December 10, this pivotal decision facilitates licensed entities within the jurisdiction to incorporate USDT into their financial offerings. This development not only underscores the growing
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In a significant development for the cryptocurrency industry, Singapore-based Crypto.com has officially partnered with Deutsche Bank, a move that signals an ambitious stride towards enhancing its corporate banking capabilities. Announced on December 10, this collaboration aims to optimize financial operations in crucial markets, including Australia, Singapore, and Hong Kong. By collaborating with a leading global
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Bitcoin, the pioneering cryptocurrency, continues to provoke discussions that extend far beyond the realm of speculative trading, reaching into the intricate domains of national financial strategies and international geopolitics. Recent comments from Anthony Scaramucci during the Bitcoin MENA 2024 conference have stirred interest by projecting a pivotal return of China to Bitcoin mining and its
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Cardano (ADA) has recently captured significant attention in the cryptocurrency arena, particularly reflecting its recent price fluctuations. Following a notable 23% retracement from its recent peaks, ADA has become a subject of keen analysis among investors and traders alike. Although the broader cryptocurrency market experienced turmoil, with many altcoins faltering, Cardano has shown remarkable strength,
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