EddieJayonCrypto
17 Oct 24
• Radiant Capital exploited for $50 million in a significant breach, with attackers draining funds from the DeFi lending platform, sparking concerns over security vulnerabilities in decentralized finance.• Tether reaches a milestone as the equivalent of the entire U.S. population—approximately 330 m...
• Radiant Capital exploited for $50 million in a significant breach, with attackers draining funds from the DeFi lending platform, sparking concerns over security vulnerabilities in decentralized finance.• Tether reaches a milestone as the equivalent of the entire U.S. population—approximately 330 million people—have received USDT on-chain, showcasing the stablecoin's widespread global adoption.• Bitcoin miners achieve record hash rate, hitting new highs amid JP Morgan’s positive outlook for the sector, boosted by investor interest tied to the upcoming U.S. elections.• Robinhood introduces Bitcoin futures trading aimed at seasoned traders, alongside a new desktop platform designed to enhance advanced trading capabilities.• Palau and German lender WIBank launch blockchain-based bonds, marking a key step toward integrating blockchain technology into traditional finance and sovereign debt markets.• Binance Labs partners with Lombard to introduce Bitcoin staking, offering users enhanced yield opportunities and further solidifying Binance’s position in crypto staking services.• Vitalik Buterin outlines a new roadmap for Ethereum Layer-2s, focusing on the "Surge" phase to improve scalability and enhance the Ethereum ecosystem's long-term capabilities.• BlackRock’s Bitcoin ETF scoops up 5,805 BTC in just 24 hours, signaling massive institutional demand and setting the stage for more Bitcoin ETF-related activities.• PayPal's PYUSD stablecoin sees a decline in market cap, raising concerns over adoption and competition within the stablecoin space despite early success.• Bitfinex hacker sentenced after being convicted for involvement in the 2016 hack that resulted in the theft of over $70 million worth of Bitcoin, delivering justice in one of crypto's biggest scandals.~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.