FG Nexus, a company that invests in Ethereum, just sold off a big chunk of its crypto holdings. They unloaded about $31 million worth of Ethereum, which is roughly 10, 922 ETH. This move came as their stock was taking a hit, dropping more than 7% in a single day. The company's stock has been on a d
Yearn Finance, a well-known player in the decentralized finance (DeFi) space, recently revealed an issue with its yUSND vault on the Arbitrum network. The problem was caused by a lack of liquidity in the USND token, which led to significant slippage when swapping liquidation rewards. This incident s
Ourbit, a fast-growing crypto trading platform, has taken a significant step to make trading safer and more compliant. They have joined the CODE Travel Rule Alliance, which is a big deal in the crypto world. This move shows Ourbit's commitment to following rules and protecting its users. By joining
A major crypto company, Binance, is now dealing with some serious accusations. People affected by the October 7, 2023, attacks in Israel are saying Binance helped Hamas move money around. This attack was really bad, with over 1, 200 people losing their lives and 250 taken hostage. The lawsuit is un
In St. Paul, the city council has made a decision that might affect how people remember their loved ones. They've banned cryptocurrency kiosks, which might seem unrelated, but it's a sign of how technology is changing even our most traditional practices. When someone passes away, families often wan
Bitcoin has hit a rough patch, dropping to its lowest point in seven months. It's now hovering just above the $80, 553 mark, a level that has some experts worried about even bigger losses ahead. This isn't just a one-day dip; Bitcoin has lost 12% of its value this week alone. Earlier this year, it w
In Clinton County, Iowa, a man named Boston found himself in a nightmare after a simple text message. It all started with a message that seemed harmless: "Hello Mark, I've been expecting your call. " Boston, thinking it was a wrong number, replied politely. Little did he know, this was the beginning
The person who started Bitcoin, known as Satoshi Nakamoto, has seen a huge drop in their wealth. This is because the value of Bitcoin has gone down a lot. Nakamoto's net worth has fallen by 34%, from $137 billion to $90. 7 billion. This drop has pushed them down to the 20th spot on the list of the w
Christine Lagarde, the head of the European Central Bank (ECB), has never been a fan of Bitcoin. She's been vocal about her doubts, even when the cryptocurrency's value was soaring. In a recent chat on the College Leaders in Finance podcast, she was reminded of her past comments about Bitcoin being
El Salvador made a big move in the Bitcoin world. They bought a lot of Bitcoin when the price was dropping. This is not just any purchase. It is the largest single-day buy since they started using Bitcoin in 2021. They added about 1, 090 BTC to their reserves. That is worth around $100 million. Pres
