Tag: Crypto

Costa Rica Makes First Foray Into Crypto with New Bitcoin ETF

State-owned Banco Nacional (BN), the largest commercial bank in Costa Rica and one of the biggest in Central America with over $7 billion in assets, is launching a spot bitcoin exchange-traded fund through its investment management arm, BN Fondos, according to local reports. This marks the first time that...
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Bybit hit with $1.4 billion hack

The hack underscores the urgent need for enhanced security measures in crypto exchanges to protect against increasingly sophisticated cyber threats. The post Bybit hit with $1.4 billion hack appeared first on Crypto Briefing....
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Acre Raises $4M at $90M Valuation, Unlocking Bitcoin-Native Compounding for BTC Holders

[PRESS RELEASE – Dover, Delaware, February 21st, 2025] With its Bitcoin-in, Bitcoin-out model, Acre simplifies compounding for BTC holders while empowering decentralized networks with economic security. Acre, the first Bitcoin platform for compounding BTC, announced today the un-gating of its decentralized application (dApp) alongside a $4 million strategic funding...
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Bybit CEO Confirms Exchange Was Hacked for $1.46B, Hitting Crypto Prices

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of “suspicious outflows,” according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH...
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Lido’s stVaults to go live on Northstake

Lido’s customizable staking setup for Ethereum, stVaults, is coming to Northstake, a regulated platform offering compliant staking for institutions. On Feb. 21, Northstake announced that it was adopting the Lido offering to bring Lido staked ETH (stETH) liquidity to exchange-traded…...
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XRP price could surge after the SEC vs Coinbase deal

XRP may have a new catalyst that could push its price higher following the ongoing consolidation phase. Ripple (XRP) was trading at $2.67 on Friday, where it has remained for the past few days. This price is approximately 50% above…...
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