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TL;DR In December 2023, crypto losses totalled $103.88M across 32 attacks, a 59% decrease compared to the previous month. The 2023 yearly loss amounted to $1.77B from over 440 hacking incidents, showcasing the prevalent vulnerability in the crypto space. Rug pulls and smart contract vulnerabilities contributed to being the prime contributors, constituting 21%, and code […]

In a significant development for India’s cryptocurrency market, CoinDCX, a leading crypto exchange, reported a staggering 2000% increase in customer deposits. This surge followed the Indian finance ministry’s action on December 28, when it issued show cause notices to nine major offshore exchanges, including Binance. The offshore exchanges, including names like Binance, Kucoin, Huobi, Kraken, […]

A Revolutionary Platform is Making Waves In the ever-evolving realm of digital creation, Qolaba, a groundbreaking platform, emerges as a beacon in the digital creator economy, seamlessly merging Generative AI with Web3 technologies. This fusion paves the way for unprecedented ease in generating and monetizing digital content, ranging from stunning images to intricate 3D assets. […]

In the ever-volatile world of cryptocurrency, Ripple’s XRP has recently been a topic of substantial speculation. With contrasting yet intriguing predictions, analysts EGRAG CRYPTO and Dark Defender have shared their outlooks for XRP’s future in 2024. EGRAG CRYPTO’s Bold Prediction EGRAG CRYPTO, a prominent figure in the crypto community, is optimistic about XRP’s potential for […]

Source: promesaartstudio/Adobe Starting in February, approximately 290,000 public sector employees in South Korea will be required to disclose their cryptocurrency holdings. According to Maeil Kyungjae, the Ministry of Personnel Management has announced that the regulation will also be applicable to the spouses and immediate family members of employees. The progression comes after a recent ministry […]

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The Directorate of Enforcement arrested Nitin Gaur, who is Ajay Bhardwaj’s brother-in-law, under the Prevention of Money Laundering Act (PMLA). The Directorate of Enforcement (ED) arrested Nitin Gaur, the brother-in-law of Ajay Bhardwaj, in connection with a Rs 6,606 crore cryptocurrency case involving M/s Variable Tech Pte Ltd and its promoters in the GainBitcoin Ponzi […]

For nearly a decade, there was a consistent and uninterrupted growth in the count of cryptocurrency ATMs. However, a shift occurred in late 2022. The count of operational Bitcoin ATMs has experienced an approximately 11.1% decrease compared to the beginning of 2023, marking a deviation from the ten-year trend of yearly increases. As per data […]

The cyberattack on Orbit Bridge just before New Year’s Eve pushed the cumulative crypto losses to almost $100 million in December. Blockchain security companies reported that the recent assault on Orbit Chain’s cross-chain bridge caused the crypto stolen in December to approach $100 million. On January 1st, PeckShield, a blockchain security firm, revealed that the […]

Ethereum co-founder Vitalik Buterin has unveiled an updated plan for the network’s goals in 2024. Buterin shared this roadmap on December 30 through a series of X posts, confirming that it would involve only minor changes compared to the previous year. The primary focuses for Ethereum (ETH) in 2024, as outlined by Buterin, encompass the […]

Rumors are circulating that a U.S.-based bitcoin ETF might get regulatory approval this week. On the first day of the new year, the price of bitcoin (BTC) surged by more than 6%, crossing the $45,000 mark for the first time since early April 2022. This recent upward trend seems to be driven by the expectation […]

Category: Exclusive

December Month Hacks Adds To 2023’s $1.77B Crypto Loss

CoinDCX Sees 2000% Surge in Deposits Amid India’s Crypto Exchange Shakeup

Revolutionizing Digital Art Creation: How Qolaba Blends AI and Blockchain for the Next-Gen Creator Economy

Ripple (XRP) Price Predictions: A Comprehensive Overview for January 2024

Forced to Declare Crypto Holdings, 290,000 South Korean Public Sector Employees

Probe agency ED apprehends individual in cryptocurrency scam exceeding Rs 6,000 crore.

The new year commences with an 11% reduction in the number of operational Bitcoin ATMs.

Nearly $100M in Cryptocurrency Stolen in December, Fueled by Orbit Bridge Hack

Ethereum’s Game Plan for 2024 Disclosed by Vitalik Buterin

Bitcoin Opens the Year with a Bang, Reaches $45K, the Highest Since April 2022

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

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