Crypto hackers stole $409 million in Q3 2024, revealing growing vulnerabilities in DeFi projects. Immunefi's report highlights the urgent need for stronger security measures in the cryptocurrency space.

Sneha Ghodvaidya / 2 min read

Mindbytes 2

Visa Expanding Into Tokenized RWAs Amid Legal Scrutiny

Visa is expanding into tokenized assets with its new platform, while facing legal challenges from the U.S. Department of Justice over alleged debit card market monopolization.

ABHIDHA / 2 min read

Mindbytes 3

U.S. M2 Money Supply Nears Record Highs Amid Financial Asset Surge

The rising U.S. M2 money supply hints at potential inflation risks, as liquidity surges alongside record financial assets, raising concerns about the impact on interest rates and overall economic stability.

Sneha Ghodvaidya / 2 min read

Mindbytes 4

Fire Alarm Interrupts Australian Crypto Summit, Raising Industry Concerns

A false fire alarm at an Australian cryptocurrency summit symbolized growing uncertainties, as industry leaders voiced concerns over increasing regulatory pressures potentially stifling innovation and the sector's future growth.

pallavi Dubey / 2 min read

Mindbytes 5

Kraken Appoints Natasha Powell as UK Head of Compliance

Kraken appoints Natasha Powell as UK Head of Compliance, strengthening its regulatory framework. Powell’s expertise in financial compliance is key to navigating the evolving cryptocurrency regulations.

Sneha Ghodvaidya / 2 min read

Mindbytes 6

Bitcoin Must Exceed $65.2K to Break Downtrend, According to Bitfinex Analysis

Bitcoin must break above the crucial $65,200 resistance to confirm a trend reversal, as analysts at Bitfinex note. Investors are watching closely amidst ongoing market volatility.

pallavi Dubey / 2 min read

Mindbytes 7

Financial Advisors Increasingly Investing in Bitcoin as Sentiment Shifts

Financial advisors are increasingly investing in Bitcoin, with personal ownership rising to 70%. Despite regulatory barriers, growing institutional backing and recent economic developments signal greater confidence in Bitcoin’s long-term potential.

ABHIDHA / 2 min read

Mindbytes 8

FOMC Rate Cuts Fueling $321 Million Surge in Crypto Investments

FOMC rate cuts triggered $321 million in crypto inflows, led by Bitcoin with $284 million, while Ethereum saw outflows for the fifth consecutive week, delaying the anticipated "altcoin season."

ABHIDHA / 3 min read

Mindbytes 9

Digital Asset Funds Experience Continued Inflows

Digital asset funds are seeing renewed investor confidence with two consecutive weeks of inflows, totaling $40 million, signaling potential recovery in the cryptocurrency market despite recent volatility.

pallavi Dubey / 2 min read

Mindbytes 10

Core Scientific Poised to Become a Leader in AI Hosting

Core Scientific is transitioning from crypto mining to AI hosting, leveraging its infrastructure and expertise to provide scalable, high-performance computing solutions for AI workloads across industries.

Sneha Ghodvaidya / 2 min read

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