Millionaire crypto trader James Wynn faces a $25 million liquidation on a leveraged Bitcoin position, highlighting the risks of high-leverage trading in the volatile crypto market.
Tag: Business
SEC to Shift Crypto Policy Focus to ‘Notice and Comment’ Rulemaking Under Atkins
SEC Chair Paul Atkins announced a shift in the agency’s approach to crypto regulation, favoring ‘notice and comment’ rulemaking over enforcement actions. Here’s what it means for the crypto market.
Social Engineering on the Rise: $2.1B in Crypto Stolen as Hackers Target Users, Not Code
A recent report from CertiK reveals a concerning trend: crypto hackers are increasingly exploiting human behavior through social engineering, leading to over $2.1 billion in losses this year. This shift signifies a change in attack vectors and highlights the growing importance of user security awareness.
Binance Cracks Down on Bot Activity in Alpha Token Program: Analyzing the Impact
Binance is taking action against bot usage in its Alpha Points program after detecting coordinated bot activity, raising questions about fairness and accessibility in early-stage crypto projects.
DePIN Market to Explode to $3.5 Trillion by 2028 Fueled by AI and Blockchain Convergence: WEF Report
A new report by the World Economic Forum (WEF) predicts a massive surge in the Decentralized Physical Infrastructure Network (DePIN) market, driven by the synergy between blockchain technology and artificial intelligence.