Bithumb admits to ‘serious flaws’ that left internal systems vulnerable to potential sabotage
The South Korean crypto exchange’s CEO Le Jae-won said the lack of proper controls led to the erroneous transfer of bitcoin worth more than $40 billion to customers. Most has been recovered....
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Africa records highest stablecoin conversion spreads, data shows
Data observed across 66 corridors in Africa shows conversion costs from 1.5% to 19% in January, with competition driving pricing gaps....
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Ault Capital Group unveils Ault Blockchain public testnet
Ault Capital launches Ault Blockchain public testnet, a Cosmos-based Layer 1 for institutional onchain trading and settlement. Ault Capital Group today announced the public testnet launch of Ault Blockchain, a Layer 1 network designed for trading, settlement, and institutional-grade onchain…...
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US adds 130,000 jobs in January, beating forecasts despite massive payroll revisions
Crypto markets slid sharply, with BTC down more than 11% for the week and falling another 2.5% over the past 24 hours amid broader market volatility....
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Superset targets stablecoin liquidity gap with $4m funding round
Superset raises $4m to build a unified execution layer for fragmented stablecoin, tokenized deposit, and on-chain FX liquidity as crypto infrastructure funding accelerates. Superset, a new liquidity execution layer targeting stablecoins, tokenized deposits, and on-chain FX, has raised $4 million…...
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US nonfarm payrolls double forecast with 130K jobs added
Stronger job growth may challenge the Federal Reserve’s interest rate decisions, potentially impacting inflation control and economic stability. The post US nonfarm payrolls double forecast with 130K jobs added appeared first on Crypto Briefing....
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Ethena-backed suiUSDe stablecoin goes live on Sui with $10 million yield vault launch
The synthetic dollar debuts on Sui Mainnet alongside a permissionless vault seeded by SUI Group and integration with DeepBook’s new margin system....
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Coinbase CEO Brian Armstrong Drops Out Of World’s Top 500 Billionaires Amid Crypto Market Downturn
Brian Armstrong, the CEO and co-founder of the largest cryptocurrency exchange in the U.S., Coinbase (NASDAQ:COIN), has dropped out of the Bloomberg Billionaires Index, which ranks the world’s 500 wealthiest individuals. Armstrong’s departure from the list of the world’s 500 wealthiest coincides with a steep crypto market decline, as Bitcoin drops below $70,000...
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Crypto Dream Turns Nightmare As SafeMoon CEO Gets 100 Months In Jail
Braden John Karony, the one-time CEO of SafeMoon, has been sentenced to 100 months in US federal prison after a jury found him guilty of multiple fraud counts. According to courtroom records and Justice Department statements, he was convicted on charges that included securities fraud, wire fraud, and money...
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U.S. added stronger than expected 130,000 jobs in January, with unemployment rate falling to 4.3%
Down sizably ahead of the jobs data, bitcoin rose modestly to $67,500 following the news....
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