Elon Musk’s SpaceX is among many alleged culprits behind a seismic crypto market crash on Thursday, which has triggered over $1 billion in liquidations over the past 24 hours. Here’s the latest.Bitcoin (BTC)’s sudden collapse to nearly $25,300 shortly followed the Wall Street Journal (WSJ) published a report offering rare…

Optimism-based decentralized crypto lender Exactly Protocol suffered a bridge exploit as it lost as much as $12 million worth of ETH earlier today.Blockchain security firm De.Fi reported that the hacker used an exploiter contract on Ethereum that transferred deposits to Optimism before ultimately bridging stolen funds back to Ethereum.The total…

On August 17,  BlockFi, a New Jersey-based crypto lending company, stated that it had initiated withdrawals for eligible users’ wallets in the US in compliance with a court order issued by the US Bankruptcy Court for the District of New Jersey.However, due to ongoing legal proceedings, these withdrawals only apply…

The Chinese cities of Shanghai and Suzhou are eyeing more digital yuan adoption progress as the nation tries to drive up interest in its CBDC.The central People’s Bank of China (PBoC) recently claimed that almost $250 billion worth of CBDC transactions had been processed in the nation to date.But some…

Russian regions say that the nation’s CBDC, the digital ruble, will help them fight corruption by “eliminating the shadow economy.”Per Dela, an economy-focused newspaper that covers the Krasnoyarsk Krai region, officials in Siberia are keen to use the coin to conduct their business.Yegor Vasiliev, the Chairman of the Committee on…

After a market-wide crash that saw Bitcoin hit as low as the $24,000 region on derivatives exchanges – in the largest liquidation event since the FTX collapse – surprise news hit.A Bloomberg exclusive, syndicated by Yahoo Finance, states that the SEC is ‘set to greenlight Ether-Futures ETFs’.Will An Ethereum ETF…

An exciting new charity-focused crypto project called Chimpzee just hit a huge milestone in its presale fundraising efforts.The project has now raised an impressive $1.2 million and, as a result, will now burn an additional 1 billion $CHMPZ tokens as part of its deflation efforts.Chimpzee is burning 1 billion tokens…

Crypto markets are under broad selling pressure on Thursday amid a combination of macro and technical selling pressures.Bitcoin (BTC) was last down around 3%, having recently slipped below its 2023 uptrend to new multi-month lows under $28,000.Ether (ETH) fell around 3.7% on Thursday, trading under $1,750 after it fell below…

Auction House Sotheby’s has responded to the new allegations leveled against it by Bored Ape investors describing it as opportunistic and simply without merit.The statement comes as the auction house was named in the class action suit against YugaLabs the creators of Bored Ape Yacht Club (BAYC).The plaintiffs, investors of…

The Shiba Inu price has dropped by more than 7.5% today, with its slide to $0.00000888 coming after the full public launch of the much-anticipated Shibarium layer-two network.This means SHIB is down by 9% in the past week, with Shibarium’s arrival being plagued by technical issues that have dragged down…