Cross-chain lending protocol Radiant Capital has paused its lending and borrowing markets on Arbitrum after receiving reports of a $4.5 million exploit affecting one of its newly created USDC Coin (USDC) markets. “Today, we received a report of an issue with the newly created native USDC market on Arbitrum,” said Radiant in a Jan. 3…
While the chances are slim, a spot Bitcoin exchange-traded fund (ETF) being rejected this month will most likely be due to the Securities and Exchange Commission wanting “more time” rather than a flat-out rejection, says Bloomberg ETF analyst Eric Balchunas. Speaking to Cointelegraph, Balchunas says while he and fellow ETF analyst James Seyffart continue to…
On Dec. 30, 2023, Ethereum co-founder Vitalik Buterin shared the Ethereum roadmap for 2024, pointing out that there are only a handful of minor adjustments compared to last year. In a thread on the X social network, Buterin detailed in a series of charts and diagrams revealing that the continued focus for Ethereum in 2024…
Cross-chain bridge Orbit Chain has confirmed that it suffered an unauthorized breach of access to its ecosystem on Dec. 31 at 8:52 pm UTC. Orbit Chain posted on X (formerly Twitter), saying it is currently conducting a “comprehensive analysis” of the cause of the breach alongside cybersecurity startup Theori. 🚨Urgent🚨 Dear Orbit Bridge Users, An unidentified access to Orbit…
The price of Bitcoin has broken through $45,000 for the first time in nearly two years as the market prepares for a widely expected approval of a spot Bitcoin exchange-traded fund (ETF). Bitcoin climbed rapidly from a price of $42,000 on Jan. 1, surging more than 6% in the last 24 hours and 170% over the…
Disclaimer: A previous version of this story inaccurately stated the stocks tumbled on the first day of trading in 2024, instead of the last trading day of 2023. Major crypto and Bitcoin mining-related stocks, which tumbled as much as 17% on the last day of trading in 2023, were simply part of a “healthy pull…