Category: News

UPCX halts transactions after $70m security breach

The open-source payment platform UPCX suspended transactions following an unauthorized withdrawal of approximately $70 million in digital assets. Blockchain security firm Cyvers identified the breach on April 1, flagging suspicious activity involving 18.4 million UPC tokens. Cyvers reported that an…...
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Grayscale Moves To Mainstream Crypto With ETF Filings For Avalanche, Top Tokens

Grayscale’s mission to bring cryptocurrencies in the mainstream financial universe through ETFs has picked up pace. Nasdaq filed a request on March 28, through a 19b-4 filing, to transform Grayscale’s Avalanche Trust into a Grayscale’s spot Avalanche ETF. On Tuesday, Grayscale made further progress in that direction by filing...
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YieldMax Unveils WNTR ETF Amid MicroStrategy’s Expanding Bitcoin Bet

As MicroStrategy Inc. (NASDAQ:MSTR) increases its Bitcoin purchases, investors now have a new vehicle to hedge against future declines. YieldMax has introduced the YieldMax MSTR Short Option Income Strategy ETF (NYSE:WNTR), an actively managed ETF that seeks to benefit from MSTR stock price decreases while providing monthly income. This...
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Riot Platforms Forms Death Cross As Bitcoin Volatility Adds Pressure

Riot Platforms Inc. (NASDAQ:RIOT) just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average. While shares jumped 3.93% by early afternoon on Monday, the broader trend remains bearish – down 29.3% year to date and a...
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