Time and money are largely interchangeable terms. - Winston S. Churchill

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Cryptocurrencies and U.S. Stocks: Correlation Hits a Two-Year High Following Fed Decision

Cryptocurrencies and U.S. Stocks: Correlation Hits a Two-Year High Following Fed Decision

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

ZachXBT Investigates the Theft of $243 Million in Bitcoin: A Comprehensive Look at One of the Most Notorious Cyber Heists in Recent Memory

ZachXBT Investigates the Theft of $243 Million in Bitcoin: A Comprehensive Look at One of the Most Notorious Cyber Heists in Recent Memory

In a groundbreaking investigation, renowned on-chain analyst ZachXBT has brought to light the theft of 4,064 BTC, worth approximately $243 million, from the cryptocurrency lending firm Genesis. This well-orchestrated heist was carried out by three cybercriminals who exploited the victim through social engineering tactics, posing as Google support personnel.

Bitcoin Whale Awakens After Nearly 11 Years of Dormancy, Transfers 43 BTC

Bitcoin Whale Awakens After Nearly 11 Years of Dormancy, Transfers 43 BTC

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

Vitalik Buterin's Perspective on the Concept and Key Objectives of Airdrops

Vitalik Buterin's Perspective on the Concept and Key Objectives of Airdrops

Vitalik Buterin, the co-founder of Ethereum, recently explored the concept and key objectives of airdrops in the ever-evolving cryptocurrency landscape. As a prominent figure in the crypto community, Buterin's views offer valuable insights into the role that airdrops can play in the blockchain ecosystem, particularly in the context

Pig Butchering Schemes Surge in 2024: A Closer Look at the Rise of a Dangerous Cybercrime Trend

Pig Butchering Schemes Surge in 2024: A Closer Look at the Rise of a Dangerous Cybercrime Trend

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

Market Capitalization of RWA Funds Surpasses $2 Billion: A Deep Dive into the Rapid Growth of Tokenized Treasury Bonds

Market Capitalization of RWA Funds Surpasses $2 Billion: A Deep Dive into the Rapid Growth of Tokenized Treasury Bonds

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

Hackers Breach McDonald's Instagram to Promote Scam Token GRIMACE

Hackers Breach McDonald's Instagram to Promote Scam Token GRIMACE

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

Seven Arrested in Malaysia for Electricity Theft to Power Cryptocurrency Mining Farms

Seven Arrested in Malaysia for Electricity Theft to Power Cryptocurrency Mining Farms

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

Justin Sun Denies Rumors of Liquidating Positions

Justin Sun Denies Rumors of Liquidating Positions

Justin Sun, the founder of TRON and advisor to the crypto exchange HTX (formerly Huobi), has denied rumors that he has liquidated his positions. According to Sun, he and his team rarely engage in leveraged trading. Over the past 24 hours, the volume of liquidations in the crypto market has

Donald Trump Launches Limited Edition "Bitcoin Sneakers" - Available on eBay for $2500

Donald Trump Launches Limited Edition "Bitcoin Sneakers" - Available on eBay for $2500

In a bold and unexpected move, former U.S. President and current presidential candidate Donald Trump has unveiled a limited edition series of sneakers dedicated to the world's first cryptocurrency, Bitcoin. The announcement was made via Truth Social, a social network frequented by Trump supporters. The "Bitcoin