Bank Lets Customers Withdraw More Than Available Balance, Triggering $14,000,000 Exodus in Matter of Hours: Report – The Daily Hodl
A state-owned bank is recovering millions of dollars from customers after “regular system updates” allowed people to withdraw more money than they had in their accounts. Commercial Bank of Ethiopia (CBE) announced that $14 million was lost in a matter of hours after news of the bank’s system failure spread rapidly among customers through messaging […]
Explosive Memecoin Surge Sends Solana DEX Volume to Record Highs: On-Chain Data – The Daily Hodl
A significant surge in memecoin activity has pushed Solana (SOL) decentralized exchange (DEX) trading volume to an all-time high, according to the latest on-chain data. According to blockchain analysis platform DefilamaSolana’s volume reached $3.802 billion on Saturday, the highest volume ever, surpassing the previous record set earlier this year. Solana’s Total Value Locked (TVL) also […]
MicroStrategy Announces Plan To Buy More Bitcoin (BTC) As Top Crypto Asset Dips in Price – The Daily Hodl
Enterprise software company MicroStrategy said it plans to add more Bitcoin (BTC) to its portfolio as its flagship digital asset remains below all-time highs. In a new press release, MicroStrategy To tell The company has issued $525 million worth of convertible debt, and will use the proceeds for general corporate purposes and to purchase more […]
Bitcoin Coming Up on Potential ‘Danger Zone’ As BTC Halving Approaches, According to Crypto Analyst – The Daily Hodl
Bitcoin (BTC) is reaching a point in the market cycle that has historically coincided with significant price corrections, according to closely watched analysts. In a new video update on YouTube, pseudonymous analyst Recto Capital tells his 63,500 subscribers that roughly two to four weeks before the Bitcoin halving, miners’ BTC rewards will be cut in […]
Top Trader Warns Crypto Close to Printing Local Top, Predicts One Crypto Subsector Turning Hot in Coming Days – The Daily Hodl
Watched analysts are warning that the crypto market could enter a prolonged period of correction within days. Pseudonymous analyst The Flo Horse told his 205,700 followers on social media platform he said. According to crypto strategists, Bitcoin (BTC) will probably look Move to the top side again before printing the temporary top. “I think we’re […]
Under-the-Radar Altcoin Surges After Surprise Listing on Crypto Exchange Binance – The Daily Hodl
The low-key interoperability-focused altcoin hit an all-time high after Binance announced it would list the asset. Axelar (AXL) is a programmable Web3 interoperability platform. the purpose It provides cross-chain communication between numerous blockchains. I will explain project website, “Unlike other cross-chain connectors, Axelar is a proof-of-stake blockchain and can do anything you can do on […]
Man Allegedly Vanishes After Crypto Exchange Accidentally Sends Him $585,000: Report – The Daily Hodl
An Australian man reportedly disappeared after a cryptocurrency exchange mistakenly transferred more than $585,000 to his account. According to the new Australian Broadcasting Corporation (ABC), reportthe crypto trading platform Rhino Trading Pty Ltd, which operates OTCPro, allegedly mistakenly added zeros to account deposits made by Kou Seng Chai, a 37-year-old Mildura man. Efforts by the […]
JPMorgan Chase Customers Forced to Pay 'Unconscionable and Predatory' Fees Despite Doing Nothing Wrong: $5,000,000 Lawsuit – The Daily Hodl
A group of JPMorgan Chase & Co. customers are banding together to sue the big bank, alleging they were forced to pay “unconscionable and predatory” fees. The lawsuit accuses Chase of charging customers as much as $30 in fees for checks that are bounced through no fault of theirs. report Forbes. “Five customers seeking at […]
Europe’s Crypto Kill Switch Has Arrived – The Daily Hodl
HodlX Guest Post Submit your post European data law came into force in January 2024 and contains far-reaching requirements that could force smart contract developers to comply with strict requirements. – Termination of live smart contract, etc. – Even if smart contracts are immutable and therefore cannot be modified in any way. “Safe Termination and […]
CoinShares’ Meltem Demirors Says Ethereum (ETH) Narrative Has Struggled Amid Rise of Rival Layer-1s – The Daily Hodl
The chief strategy officer of market intelligence platform CoinShares said the narrative centered around Ethereum (ETH) is being hampered amid the rise of alternative layer 1 blockchains. new interview Meltem Demirors, CSO of CoinShares, said on the Crypto Banter YouTube channel that crypto newcomers are choosing Bitcoin (BTC) over Ethereum (ETH) as an entry point […]