The post WazirX News: Exchange Gears Up for Relaunch After $234.9M Hack appeared first on Coinpedia Fintech News On July 18, 2024, WazirX, an Indian cryptocurrency exchange, was forced to cease its operations, as Lazarus Group, a notorious North Korean hacker group, stole at least $234.9 million from the exchange through a hack attack.  The exchange is preparing to restart its operations. Definitely, it is not going to be a smooth start. The …

The post Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen, Can Lightchain AI and Cardano March Catalysts Save The Market? appeared first on Coinpedia Fintech News The recent $1.5 billion hack on Bybit has shaken the crypto market, marking one of the largest security breaches in history. Such incidents often trigger panic selling and increased volatility, causing investors to seek safer alternatives and high-potential assets that can withstand market shocks. While Ethereum (ETH) remains under pressure, other altcoins like Lightchain AI …

The post Hashdex ETF Expansion Could Shake Up the Crypto Market – Here’s Why appeared first on Coinpedia Fintech News Bitcoin, the king of crypto, just couldn’t break past the $84,000 barrier early Tuesday, leaving traders on edge. Altcoins like Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) followed suit, sinking into the red. With the Market Fear & Greed Index stuck at 25 (Fear), it’s clear that uncertainty is ruling the game right …

The post ADA Founder Says SEC Would Have ‘Danced on Bankrupt Graves’ of Crypto Projects if They Won appeared first on Coinpedia Fintech News In a powerful statement, co-founder of the Cardano blockchain, declared that the “war on digital assets” in the U.S. has officially ended. Hoskinson’s remarks come after years of intense regulatory scrutiny on the crypto industry, with government agencies like the SEC launching numerous lawsuits and investigations against major cryptocurrency firms. Hoskinson criticized the SEC’s aggressive …

The post Tether Boosts Stake in Bitdeer to 21.4%, Now Holds 32M Shares appeared first on Coinpedia Fintech News As per recent a filing with the U.S. SEC, stablecoin giant Tether has increased its stake in Bitcoin mining firm Bitdeer (BTDR). The filing shows that Tether and its subsidiaries, currently hold a total of 31,891,689 Class A common shares in Bitdeer, representing 21.4% of the company’s outstanding shares. Bitdeer Reveals SEALMINER A3 Chip Tether, …

The post Cardano (ADA) Price Prediction for March 18 appeared first on Coinpedia Fintech News ADA, the native token of the Cardano blockchain, appears to be continuing its ongoing consolidation. Over the past week, ADA has been trading within a tight range between $0.69 and $0.75. However, the prevailing market uncertainty has left investors and traders uncertain about building positions, as they await clearer market direction in the coming days. …

The post Trump’s World Liberty Financial Raises $550M, Trump and Partners To Receive $390M appeared first on Coinpedia Fintech News World Liberty Financial, the crypto project backed by President Donald Trump, has raised a total of $550 million in gross proceeds from its second round of token sales. The sales took place in both U.S. and non-U.S. markets. The first round, launched on October 15, 2024, raised $300 million, while the second round brought in …

The post Top ‘Whale Approved’ Altcoins to Stack Ahead of the March 19 FOMC Meeting appeared first on Coinpedia Fintech News This week, all eyes are on the markets as a crucial economic event takes place. With major economic data being released and the Federal Open Market Committee (FOMC) meeting set for Wednesday, March 19th, it’s a week you won’t want to miss. FOMC Interest Rate Decision: What to Expect The Federal Reserve’s interest rate decision …

The post SEC To Reconsider Biden’s Crypto Custody Rule, Acting SEC Chair Uyeda Says appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission may backtrack on a proposal to tighten cryptocurrency custody rules, marking another shift under the acting chair’s leadership, influenced by the Trump administration. The acting head of the U.S. SEC, Mark Uyeda, announced on Monday that the agency might change or even scrap stricter rules proposed by the previous …

The post Bitcoin Bull Market Over, CryptoQuant CEO Predicts Bearish Trend for Next 6–12 Months appeared first on Coinpedia Fintech News Bitcoin is facing critical price levels as it retests key resistance zones, hinting at risks for its ongoing bull market. Historically, when Bitcoin has tested these levels during bullish phases, it has managed to break through, hold its ground, and continue upward. However, current market conditions suggest caution, as the cryptocurrency is encountering key resistance …