Hackers Steal $196 Million from Crypto Lender Euler Finance: The Devastating Consequences of Cybercrime in the Digital Age

Title: Hackers Steal Around $196 Million from Crypto Lender Euler Finance Euler Finance, a cryptocurrency lending platform, suffered a massive hack that resulted in the loss of approximately $196 million worth of funds. The hack highlights the security challenges faced…

Crypto lender BlockFi under fire for risking $278M in uninsured funds amidst SVB collapse

BlockFi, a cryptocurrency lending and trading platform, has continued operations despite the collapse of its banking partner,Silicon Valley Bank (SVB). BlockFi has informed a New Jersey bankruptcy court that it has access to cash to operate normally, including paying employees…

How Shiba Inu Investor’s Courageous gas fees Test on Shibarium Beta Network is Changing the Future of Crypto!

A Shiba Inu investor has tested gas fees on the Shibarium Beta Network, a new blockchain platform being developed by the Shiba Inu community. The investor’s test aimed to evaluate the platform’s gas fees, a critical factor in the performance…

Solo Bitcoin Miner Hits the Jackpot with $153,000 Reward

A lucky solo miner has struck gold by solving a Bitcoin block, receiving a reward of 6.25 BTC, or about $153,000. This happened on March 11, 2023, when the anonymous miner mined block 764,133, which was one of the largest…

Circle fights to save USDC after Signature Bank collapse: Will they succeed?

Circle, a leading issuer of the stablecoin USDC, has reportedly moved to restore investor confidence after an operational failure at Signature Bank caused some investors to lose access to their funds. Signature Bank’s Operational Failure Causes USDC Disruptions Signature Bank…

Hope for the Future: Thailand-SEC Plans to Announce Regulations to Support Crypto Industry

Thailand’s Securities and Exchange Commission (SEC) has proposed new regulations that could ban cryptocurrency staking and lending. According to a report from local news outlet The Bangkok Post, the regulator has opened up a public hearing for the proposed rules,…

Bullet Blockchain secures first patent licensing agreement, set to revolutionize Bitcoin ATM Kiosk industry

Bullet Blockchain, a blockchain technology and cryptocurrency mining company, announced its first patent licensing agreement with a Bitcoin ATM kiosk manufacturer based in the United States. The deal will allow the kiosk manufacturer to integrate Bullet Blockchain’s proprietary blockchain technology…

Altcoins at a Glance – Latest News About ETH, SHIB, SOL, ADA, HBAR and BUSD

Welcome back to Cryptonewbytes’ Altcoins at a Glance, where we deliver news in bite-size pieces.  We curate updates from the altcoin market and deliver them without the fat. CFTC Head Considers King of Altcoins Ethereum as Commodity Shiba Inu Remains…

USDC Depeg’s, currently at .92cents, Circle Confirms $3.3B Stuck with Silicon Valley Bank

Circle, the company behind USDC, the second-largest stablecoin in circulation, recently confirmed that its cash reserves worth $3.3 billion(alleged 9.8 billion from Deloitte audit ) have been stuck with Silicon Valley Bank (SVB), which was taken over by regulators and…

Bitcoin Advocates Heartbroken as SEC Disapproves VanEck’s Spot BTC Trust Product – But Hope is Not Lost!

The United States Securities and Exchange Commission (SEC) has once again disapproved a Bitcoin exchange-traded fund (ETF) proposal, this time from asset manager VanEck. The proposal sought to create the VanEck Bitcoin Trust, which would have been traded on the…