Kiloex DEX Hacked for $7 Million

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Decentralized exchange Kiloex suffered a $7 million exploit. Security firm Cyvers identified a potential price oracle vulnerability as the cause. Kiloex Calls for Blacklisting of Attacker’s Address Kiloex, a decentralized exchange (DEX) on the BNB Smart Chain, confirmed it was the victim of a $7 million digital fund exploit. Blockchain security firm Cyvers said the […]

Bitget Unveils New Ad Featuring FC Barcelona Star Raphinha to Champion Smarter Crypto Solutions

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This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, April 16, 2025 –Bitget, the leading cryptocurrency exchange, and Web3 company, is kicking off a dynamic new campaign with LALIGA, featuring Barcelona’s electrifying winger Raphinha. The new collaboration highlights Bitget’s innovative trading products—Copy Trading, Launchpool, and Pre-market—drawing a clever parallel between the precision of […]

Is Bitcoin the new safe haven during trade wars?

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Bitcoin joins the safe-haven debate as trade tensions rise For decades, investors fled to gold and US Treasurys during crises, but in today’s digital, decentralized world, Bitcoin is starting to enter the safe-haven conversation. Despite its volatility, Bitcoin (BTC) has shown signs of resilience during global turbulence, including trade wars, prompting a fresh look at […]

Can you really buy anything with Pi coin? Find out here!

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Key takeaways Pi coin finally went live on open mainnet in February 2025, unlocking real-world use cases after years in closed beta. You can spend Pi coin, but mostly within P2P communities and KYC-verified Pi apps — mainstream adoption is still in its early stages. Pi is now tradable on several CEXs, such as OKX, […]

An Unlikely Contender Emerges as a Leader in the Crypto-Lending Arena

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Tether, known for its stablecoin products, has emerged as the leader in the crypto-lending arena, followed by Galaxy and Ledn. The sector has undergone a consolidation period following the collapse of former crypto-lending powerhouses Blockfi, Celsius, and Genesis. Tether Becomes Leader of the Crypto-Lending Business The crypto-lending business, which involves providing liquidity backed by cryptocurrency […]

Only 11% of El Salvador’s registered Bitcoin firms operational

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Only 20 of the 181 Bitcoin service providers registered with El Salvador’s central bank are operational, with the rest failing to meet the country’s requirements under its Bitcoin Law.  Local media outlet El Mundo cited data from the Central Reserve Bank of El Salvador, showing that 11% of the service providers are operational. According to […]

Only 11% of El Salvador’s registered Bitcoin firms operational

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Only 20 of the 181 Bitcoin service providers registered with El Salvador’s central bank are operational, with the rest failing to meet the country’s requirements under its Bitcoin Law.  Local media outlet El Mundo cited data from the Central Reserve Bank of El Salvador, showing that 11% of the service providers are operational. According to […]

Bitcoin shows growing strength during market downturn — Wintermute

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Bitcoin is showing growing resilience to macroeconomic headwinds compared with traditional financial markets, according to an April 14 report from crypto market maker Wintermute. The report noted that Bitcoin (BTC) has held up relatively well during the ongoing market downturn, even as the S&P 500 and Nasdaq dropped to their lowest levels in a year […]

JPMorgan Expands Kinexys Network to Include British Pound Accounts, Targeting Stablecoin Market Gaps

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JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes over $2 billion in daily transactions. The GBP expansion follows the network’s recent capability to […]

Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'

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Bitcoin (BTC) demands a breakout as a key leading indicator reaches its highest levels since January. Data from Cointelegraph Markets Pro and TradingView shows the relative strength index (RSI) hinting at more BTC price gains next. Bitcoin RSI breakout has days to “full confirmation” Bitcoin bull runs traditionally begin with telltale RSI signals, and on […]

Avalon Labs Launches Institutional Layer on Bybit to Enhance Bitcoin Lending and Yield

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Avalon Labs has launched its institutional layer on Bybit, aimed at transforming bitcoin lending and yield opportunities within the centralized exchange ecosystem. This new feature allows bitcoin holders to access enhanced yield by leveraging Avalon’s fixed-rate institutional borrowing layer alongside the FBTC asset, which is a bitcoin−pegged token with over $1.25 billion in total value […]

Binance, KuCoin, MEXC report service issues due to AWS network interruption

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Binance, KuCoin, MEXC and other exchanges and wallet providers have been experiencing service issues due to a significant network interruption by Amazon Web Services (AWS). Centralized cryptocurrency exchanges (CEXs) were hit by an AWS data center outage, which reported “connectivity issues” that affected at least 12 of its services on April 15. AWS Service health. […]