Finance

The correlation coefficient between cryptocurrencies and U.S. stocks has reached a two-year high, now standing at 0.67. This significant development comes on the heels of the Federal Reserve's (Fed) recent decision to lower interest rates. According to Bloomberg, such a correlation hasn't been observed since the second quarter

On September 16, 2024, a significant event shook the cryptocurrency world when an anonymous Bitcoin whale transferred 43 BTC, worth approximately $2.54 million at the time of the transaction. This long-dormant whale had not moved any of their Bitcoin assets for nearly 11 years, making this transaction a notable

In recent years, the digital landscape has become increasingly fraught with sophisticated and evolving cyber threats. Among the latest developments in the realm of cybercrime is the alarming rise of a scheme known as "pig butchering." According to a new report from Chainalysis, a leading authority in blockchain data analysis,

In recent months, Real-World Asset (RWA) funds have seen a surge in market capitalization, crossing the $2 billion mark. This remarkable growth reflects the increasing interest and trust in tokenized treasury bonds and similar financial products. Over the last five months, the value of RWA funds has doubled, reaching unprecedented

In a shocking turn of events, hackers successfully infiltrated the official Instagram account of fast-food giant McDonald's to promote a scam token, GRIMACE, running on the Solana blockchain. This breach marks another alarming incident where popular brands fall victim to cyberattacks, targeting unsuspecting social media followers for malicious schemes. The

Authorities in Malaysia have detained seven individuals, suspected of stealing electricity to support illegal cryptocurrency mining operations. According to the investigation, the group tapped into the national power grid to run their mining farms, leading to their eventual arrest. The Malaysian police, following a specialized operation aimed at curbing illegal