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2025-02-23 03:30:34
February 24, 2025 07:07:08 UTC Infini Hack: $50M USDC Stolen in Major Security Breach Hong Kong-based digital bank Infini suffered a breach, losing nearly $50 million in USDC. The hacker exploited a single private key, stealing USDC in two batches, swapping it for DAI, then converting to ETH via Tornado Cash. Notably, the attacker was…
Bitcoin has soared past the $98,000 on Thursday, fueling intense debate among traders over whether the $100K milestone is again within reach or if the current rally is vulnerable to a swift correction. Behind the scenes, market observers point to surging open interest (OI) and increased leverage, spotlighting the possibility of a leverage-driven push. Bitcoin…
Peter Schiff, an economist and market commentator has warned of the possible repercussions of a Bitcoin bubble popping, claiming that Americans would suffer most because the US is where the largest and most powerful cryptocurrency lobby is based, Benzinga reported. Peter Schiff’s Warning He asserted in his podcast that, “We’ve got the lion’s share of…
Investor and author Robert Kiyosaki, has predicted a “giant crash” in the market. Despite this, he is confident that Bitcoin BTC/USD will be the first to recover. What Happened: In a post on X on Friday, Kiyosaki anticipates a significant market crash that will impact all major assets, including stocks, bonds, real estate, gold, silver, and Bitcoin….
Arthur Hayes says the Bitcoin bull run will be revived once liquidity returns. He expects massive rounds of money printing ahead. Bitcoin’s 22% drop from its January peak has reignited debate over its role as a hedge against financial turmoil. While gold has soared to $3,000 per ounce, Bitcoin has behaved more like a high-beta…
In 1933, an overwhelmed and frustrated woman named Frau sent a letter to psychologist Carl Jung, asking “how to live.” (She didn’t have any Instagram influencers to yell motivational platitudes at her, I guess) Jung replied: “Your questions are unanswerable, because you want to know how one ought to live. One lives as one can….