U.S. senators have raised the alarm over cybersecurity protocols at the Securities and Exchange Commission (SEC). This action follows an alarming breach where the SEC’s social media account was compromised, leading to the dissemination of false information regarding Bitcoin ETFs. A fraudulent announcement on the SEC’s social media platform, previously known as Twitter, caused Bitcoin’s value […]

The post Senators Urge SEC to Strengthen Cyber Defenses appeared first on Trends 4 Business.

In a development for the Russian-speaking online community, Ruwiki — the nation’s take on the globally recognized Wikipedia—is slated for its grand unveiling this coming Monday. Reports from local media indicate that after a period of beta testing which commenced in mid-2023, Ruwiki has amassed a repository of articles surpassing those in Wikipedia’s Russian section. Despite […]

The post Ruwiki: Russia’s Answer to Wikipedia Set for Launch appeared first on Trends 4 Business.

In a pivotal reshuffle of its prestigious cryptocurrency indices, the Hong Kong Virtual Asset Consortium (HKVAC) has welcomed new digital currencies into its fold. The consortium, recognized for its rigorous evaluation of crypto markets, has made notable changes to its top-tier listings, reflecting the dynamic nature of the crypto world. Solana has ascended to the top 5 global […]

The post Solana and AVAX Shine as They Join HKVAC’s Elite Crypto Index appeared first on Trends 4 Business.

The Google Play Store has delisted several prominent cryptocurrency exchanges, including Binance and KuCoin, in adherence to an official notice from India’s Financial Intelligence Unit (FIU). The directive, issued on December 28, 2023, targets exchanges operating without proper registration in India, demanding adherence to local financial reporting regulations. The FIU’s mandate requires exchanges serving Indian customers to register as reporting […]

The post Play Store Pulls Binance Following Indian Government Directive appeared first on Trends 4 Business.

Venezuela is set to discontinue its petro cryptocurrency, a digital asset once heralded as a workaround to U.S. sanctions. The petro will officially cease operations on January 15, six years after its inception, as confirmed by recent reports. Launched in 2018 by President Nicolas Maduro, the petro aimed to bolster Venezuela’s economy, reeling from sanctions […]

The post Venezuela Bids Farewell to Petro Cryptocurrency appeared first on Trends 4 Business.

Wise Lending, a prominent player in the Web3 finance sector, has been stripped of assets totaling approximately $440,000. The breach, executed on January 12, involved an intricate flash loan attack, leveraging the digital currency Lido Staked Ether (stETH). At precisely 7:29 pm UTC, the security of Wise Lending was compromised via a flash loan—a form […]

The post Crypto Platform Wise Lending Suffers $440K Security Breach appeared first on Trends 4 Business.

Coinbase, a leading digital currency exchange, has announced a significant partnership with Yellow Card, a prominent African financial service provider. This collaboration is set to revolutionize the way Coinbase users in Africa convert local currencies to and from crypto, with a special emphasis on the stablecoin, USD Coin (USDC). Key Benefits for African Users: The initiative […]

The post Coinbase Enhances Crypto in Africa with Yellow Card Alliance appeared first on Trends 4 Business.

In a historic move for the financial industry, U.S. markets witnessed the debut of Bitcoin ETFs with a bang, as trading volumes soared to $4.6 billion on their first day. This surge of activity came hot on the heels of the SEC’s landmark approval, signaling a potential shift in the investment landscape for cryptocurrencies. Among the front-runners, BlackRock’s iShares Bitcoin […]

The post Record $4.6 Billion Trade for Bitcoin ETF Launch appeared first on Trends 4 Business.

In a recent interactive session on Reddit, Ethereum’s co-founder Vitalik Buterin has put forward a proposal to boost the blockchain’s gas limit by 33%, a move that could significantly increase the network’s capacity for processing transactions. During the Ethereum Foundation research team’s AMA on January 10, Buterin highlighted that the gas limit—a cap on the amount of […]

The post Vitalik Buterin Proposes Gas Limit Hike to Enhance Network appeared first on Trends 4 Business.

The U.S. Securities and Exchange Commission (SEC) has given the green light to the first set of Bitcoin exchange-traded funds (ETFs) for listing in the United States. This historic decision is expected to enhance Bitcoin’s attractiveness to a broader investor base. Leading investment firms such as BlackRock, Ark Investments/21Shares, Fidelity, Invesco, and VanEck are among the 11 recipients of […]

The post Bitcoin ETFs Greenlit by Regulators appeared first on Trends 4 Business.