US government may fall victim to $20 million crypto hack

Key Takeaways Over $20 million in Ethereum and stablecoins were stolen from a US government-controlled wallet. The theft is connected to the wallet involved in the 2016 Bitfinex hack. Share this article... Read more »

Tesla keeps Bitcoin holdings intact as Q3 earnings reveal strong profit margins

Key Takeaways Tesla retains 11,509 BTC valued at approximately $765 million during its Q3 2024 earnings call. Tesla’s Q3 earnings showed a 19.8% gross margin, exceeding expectations and improving over previous quarters.... Read more »

Solana TVL reaches new peak since early 2022

Key Takeaways Solana’s TVL has reached its highest point since January 2022. Solana’s 24-hour DEX volume has exceeded $2 billion. Share this article Solana’s total value locked (TVL) has surged to $6.4... Read more »

Bitcoin’s surge above $69,000 triggers market-wide rally

Key Takeaways Bitcoin’s ascent over $69,000 marks a new high, influencing a broad market rally. The rally is driven by heightened institutional interest and positive regulatory developments. Share this article Bitcoin is... Read more »

VanEck introduces Solana ETN staking to European investors

Key Takeaways VanEck’s Solana ETN in Europe now features automated staking, simplifying reward accrual for investors. The non-custodial staking approach ensures investor security by keeping delegated SOL in cold storage. Share this... Read more »

ECB makes 25 bps rate cut as inflation drops to three-year low

Key Takeaways ECB’s rate cut follows a significant drop in inflation to 1.8%. Further rate reduction anticipated by markets by December. Share this article The Euro Central Bank (ECB) decided to cut... Read more »

BlackRock to integrate BUIDL fund as collateral for Binance, OKX, and Deribit

Key Takeaways BUIDL token by BlackRock aims to simplify crypto derivatives trading by serving as a new form of collateral. BUIDL’s adoption by major exchanges could challenge the dominance of traditional stablecoins... Read more »

Dogecoin soars 10% as Elon Musk unveils D.O.G.E initiative in first campaign swing for Trump

Key Takeaways Elon Musk’s introduction of D.O.G.E at a Trump rally led to a 10% increase in Dogecoin’s value. Musk’s campaign contributions are seen as a major influence on Dogecoin’s market performance.... Read more »

FBI arrests man behind SEC twitter hack posting fake Bitcoin ETF approval

Key Takeaways An Alabama man orchestrated a SIM swap to illegally access and manipulate the SEC’s Twitter account. The fraudulent Bitcoin ETF approval tweet caused a rapid $1,000 increase and subsequent $2,000... Read more »

Litecoin spikes 10% as Canary Capital applies for spot LTC ETF

Key Takeaways Litecoin briefly surged past $70 after Canary Capital filed with the SEC for a Litecoin ETF. Given that the SEC views most crypto assets as securities, it remains unclear whether... Read more »
Dip Your Toes in Crypto Blog