Hackers steal $200M from Bitmart, following $120M drain from BadgerDAO

    Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. As a result, Bitmart temporarily suspended all withdrawals until further notice and said a thorough security review was underway. The hack follows the recent steal of $120 million in crypto from DeFi platform BadgerDAO. According to NBC News,  Bitmart confirmed…

    Dubai-based all-in-one crypto exchange A to Z Globe starts operations for cash

    A to Z Globe, the all-in-one crypto exchange, announced its launch to buy and sell Bitcoin and many other cryptocurrencies in Dubai to facilitate crypto trading for cash. A to Z Globe is a Dubai-based OTC crypto exchange store to buy and sell Bitcoin and over 2000 other cryptocurrencies for cash. It is a well-known…

    Terra’s LUNA surges 80% in a week, overtaking Shiba Inu and Dogecoin

    Terraform Labs’ LUNA is becoming rapidly one of the crypto market’s best performers, having gained around 80% in value in the last week, upping bigger than either Shiba Inu or Avalanche. An upcoming network upgrade has driven its surge. In addition, JPMorgan’s expert said that terra’s stablecoin mechanism is suitable for cross-border payments. The gains…

    Metaverse virtual real estate grossed $100 million last week

    Interest in Metaverse and associated features, like virtual lands and real estate, is in hot demand, available data from DappRadar shows. Over $100 million was spent on purchasing these virtual properties last week, including the Sandbox grossing over $80 million and Decentraland above $15 million. According to DappRadar, Metaverse-related projects like The Sandbox, Decentraland, CryptoVoxels,…

    Crypto Trends Weekly Nov. 27 – Dec. 3

    Breaking crypto news from the last week (Nov. 27 – Dec. 3, 2021): Nov. 27: The analytic report suggests that the Bitcoin network already transfers more the dollar value than PayPal and could potentially match Mastercard’s network after 2026. Nov. 28: Emirates Post Group (EPG) announced on November 28 the first in the region issuance…

    Abu Dhabi-based crypto trading platform HAYVN closes Series A round

    HAYVN, a digital currency trading platform based in Abu Dhabi, UAE, has closed a Series A funding round, which will help the institution become the largest global institutional digital currencies platform. Abu Dhabi-based digital currency trading platform HAYVN has closed a Series A funding round. This round of funding, the amount of which was not…