CoinShares: Investors withdraw $126m as crypto confidence wanes

Last week, investors showed caution due to increased geopolitical tensions and a dip in the crypto market, resulting in withdrawals from various investment funds. CoinShares announced that investors withdrew approximately $126 million from their digital asset investment funds. Over the last week, Bitcoin (BTC) dropped by over 8%, reaching a low of around $61,000 on … Read more

Defi platform on Base network experiences $2m hack

At the Grand Base platform, which is used for tokenizing digital assets on the secondary Base network (a layer 2 solution), a significant security incident occurred. Based on reports from cybersecurity company Cyvers, a security incident took place on Grand Base’s deployer wallet. This allowed an attacker to seize complete authority to generate the Defi … Read more

Adidas, STEPN to release joint NFT collection

The STEPN project team announced a strategic partnership with the sportswear manufacturer Adidas. Adidas and blockchain platform Stepn have revealed plans for a groundbreaking NFT collaboration aimed at transforming move-to-earn apps and establishing the Find Satoshi Lab (FSL) ecosystem on a global scale. In line with this partnership, Stepn will introduce a collection of 1000 … Read more

Indian crypto pioneers shed light on the impact of Bitcoin halving

Starting from early 2024, there has been a significant increase in the desire for cryptocurrencies in India, resulting in heightened trading activity on various platforms as indicated by increased volumes. Indians are becoming more interested in the developing digital asset market, even without clear-cut regulations and a high tax on cryptocurrency profits. Excitement grows among … Read more

How Bitcoin Halving Helps In Increasing Crypto Adoption?

Before Bitcoin‘s upcoming halving, there’s been a surge in public curiosity about Bitcoin and cryptocurrencies in general. This event is shaping current market trends, and its influence on market liquidity is undeniable. Although it’s uncertain how the halving will affect the crypto market, one thing is clear: it has ignited an unprecedented level of interest … Read more