Trust Wallet: $6M+ in Losses and Hundreds of Victims

Bitcoin continues to face resistance below the $105,000 mark over the weekend, signaling persistent selling pressure from the market. On the downside, analysts are closely watching the psychologically significant $100,000 support level. Even if this threshold is breached, further losses may be limited. On-chain data from Glassnode reveals that the short-term realized price currently stands…

Key Takeaways: 72% of leaders in finance quickly believe that digital assets are necessary to be competitive. Cash-coins as cash-flow instruments, beyond mere payments 74% view stablecoins as cash-flow instruments. 89% are more concerned about custody solutions which underscores the demand for secure infrastructure. Digital assets are not a side experiment any more. The moving…

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In Africa crypto news this week, the Central Bank of Ghana has published a policy paper on crypto regulation. It addresses the need for action-driven, collaborative regulations rather than implementing outright bans on crypto. South African logistics and supply chain giant Super Group is set to launch its stablecoin. This product aims to boost engagement…

Key Takeaways MicroStrategy’s Bitcoin holdings have reached a value of over $63 billion, reflecting over $23 billion in unrealized gains. Bitcoin’s recent price surge was influenced by many factors, including growing corporate adoption. Share this article Michael Saylor’s Strategy is sitting on over $23 billion in paper profits as Bitcoin surged past $110,000 for the…

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline….