Arbitrum’s largest liquidity manager Orange Finance loses $840k in hacker attack

Arbitrum-based Orange Finance has lost $840,000 after hackers upgraded its contracts and drained funds. Orange Finance, a liquidity management protocol on the Arbitrum network, has been hacked, with losses totaling over $840,000. The team broke the news in an X post on Jan. 8, urging users to avoid interacting with the platform. Important Announcement – […]

Bitcoin becomes 7th largest global asset, stablecoins and AI drive crypto in 2024: report

A new Binance report for December highlights bullish and notable trends in the crypto space as we enter a new year. The cryptocurrency market closed in 2024 with a record-breaking performance. Bitcoin (BTC) broke through $100,000, driven by regulatory optimism, bullish sentiment, institutional adoption, and technological innovation. Binance’s December Research Monthly Market Insight report highlighted […]

XRP dethrones USDT, now ranked third largest crypto

XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP’s market cap is nearing the $140 billion threshold. The token is already $2 billion more valuable than stablecoin issuer Tether which has a market cap of around $137 billion. XRP has […]

Brazil’s largest crypto exchange Mercado Bitcoin integrates INJ

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective blockchain. According to a Dec. 23 X post from Injective, INJ, the native utility and governance token of the Layer-1 Injective blockchain, is now officially integrated into the oldest Latin American exchange. The move will allow over 3 million […]

Metaplanet makes largest Bitcoin bet, acquires nearly 620 BTC

Tokyo-listed Metaplanet has purchased another 9.5 billion yen ($60.6 million) worth of Bitcoin, pushing its holdings to 1,761.98 BTC. Metaplanet, a publicly traded Japanese company, has acquired 619.7 Bitcoin as part of its crypto treasury strategy, paying an average of 15,330,073 yen per (BTC), with a total investment of 9.5 billion yen. According to the […]

Dogeson, Shiro Neko, Orbit among Saturday’s largest gainers

Three coins have risen to the top of the leaderboard: The Dogeson, a playful nod to Elon Musk, his son and Dogecoin; Shiro Neko, a cat-themed token tied to gaming and NFTs; and Orbit, a space-inspired coin. These tokens topped the gainers’ charts on Saturday night. Here’s a closer look at each. Dogeson The Dogeson […]