Amid the mix of anticipation and skepticism about the potential approval of the first spot Bitcoin exchange-traded fund (ETF) in the United States, prominent Bitcoin critic and gold proponent Peter Schiff has warned BTC enthusiasts to be careful what they wish for. In a tweet on X (formerly Twitter), Schiff said spot Bitcoin ETFs could have…
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…