CME Bitcoin Futures Open Interest Hits Historic Milestone
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CME Bitcoin Futures Open Interest Hits Historic Milestone

Open interest in CME Bitcoin futures has soared beyond 100,000 BTC. This landmark accomplishment signifies a pivotal moment for the cryptocurrency derivatives market, propelled by the recent surge in bullish momentum that has seen Bitcoin embark on a substantial rally. CME Bitcoin futures’ open interest has breached the 100,000 BTC mark, equating to an impressive…

Gemini Files Lawsuit Against DCG and CEO Barry Silbert

Gemini Files Lawsuit Against DCG and CEO Barry Silbert

Gemini, the popular cryptocurrency exchange co-founded by Cameron Winklevoss, has made headlines by filing a lawsuit against Digital Currency Group (DCG) and its CEO, Barry Silbert. The lawsuit alleges fraudulent activities and deception on the part of Silbert and DCG. This legal action comes as a result of Gemini’s claim that Silbert knowingly engaged in…

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Stack Overflow Vulnerability Exploited in $ARA Token Contract

@BeosinAlert reported a stack overflow vulnerability was exploited in the $ARA token contract, resulting in a significant financial loss of $125,000. The attack was carried out by an identified 0xF84efA8a9F7E68855CF17EAaC9c2f97A9d131366. The root cause of the exploit was traced back to a bug in the contract’s handling of permissions. The attacker executed the exploit using the…

Solana Foundation Disagrees with SEC SOL Classification as Security
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Solana Foundation Disagrees with SEC SOL Classification as Security

The Solana Foundation has responded to the ongoing debate regarding the characterization of SOL, the native cryptocurrency of the Solana blockchain, as a security. The foundation strongly disagrees with this characterization and emphasizes its commitment to engaging with policymakers to achieve legal clarity in the rapidly evolving digital assets space. The Solana Foundation, which supports…

Binance Receives Massive Fund Worth Over $65 Million From Crypto.com Amidst Controversy

Binance Receives Massive Fund Worth Over $65 Million From Crypto.com Amidst Controversy

Binance, one of the world’s leading cryptocurrency exchanges, has witnessed a substantial influx of funds in the past six hours. @ArkhamIntel Reports suggest that an unidentified user has transferred a significant amount of cryptocurrency and stablecoin assets to the platform. This development comes amidst growing controversy surrounding Binance, including allegations involving the Securities and Exchange…

Bitcoin Mining Difficulty Reaches Record High

Bitcoin Mining Difficulty Reaches Record High

Bitcoin, the world’s most popular cryptocurrency, experienced a significant mining difficulty adjustment at block height 790,272. The mining difficulty, which measures the level of complexity miners face when attempting to validate transactions and add them to the blockchain, increased by 3.22%. This adjustment pushed the difficulty to a record high of 49.55 T. The surge…

Do Kwon Released on Bail After Montenegro Court Accepts €400,000 Bail

Do Kwon Released on Bail After Montenegro Court Accepts €400,000 Bail

Terraform Labs co-founder Do Kwon has been released on bail after a court in Montenegro accepted a €400,000 bail. Kwon was arrested in March in Montenegro on charges of traveling on forged documents. Kwon’s attorneys had argued that he should be released on bail because he is not a flight risk and poses no danger…

Maker Dao Launches New Decentralized Finance Solution Spark Protocol

Maker Dao Launches New Decentralized Finance Solution Spark Protocol

On May 9, 2023, Spark Protocol will officially launch, providing a brand new decentralized finance (DeFi) solution for users seeking supply and borrow features for ETH, stETH, DAI, and sDAI. Spark Protocol’s first version, Spark Lend, will be a lending marketplace that aims to connect Maker’s liquidity with a complete DeFi solution. What is Spark…