Day: December 4, 2023

Franklin Templeton CEO Talks about Bitcoin ETFs, Tokenization and Their Plans Ahead

Jenny Johnson, the President and CEO of Franklin Templeton managing assets over $1.3 trillion, highlighted the pivotal role of tokenization in the financial sector during the Fortune Global Forum in Abu Dhabi. Following Franklin Templeton’s recent application for a Bitcoin ETF, Johnson’s remarks signify a broader recognition of blockchain technology’s potential, particularly in democratizing private markets and enhancing transactional efficiency through tokenization. In her statements, Franklin Templeton CEO drew a distinction between Bitcoin and blockchain, acknowledging the demand for Bitcoin ETFs but expressing greater excitement about blockchain’s transformative impact on…

47 Exploits Worth $349M Occurred in November

Losses from the attacks on Poloniex, HTX and Heco Bridge accounted for almost 70% of all the losses in crypto hacks that were registered in November. The blockchain industry faced a turbulent November in 2023, marked by a staggering 47 crypto exploits and breaches that resulted in a cumulative loss of around $349 million, according to insights from the SlowMist Blockchain Hacked Archive. Popular Crypto Exploits that Made Headlines Let’s consider the major crypto hacks that were registered in the previous month. Onyx Protocol – $2.1M On November 1, 2023,…

Bitcoin (BTC) Price Keeps Growing, Sets New 2023 ATH at $42,100

A new 2023 BTC ATH has been registered at $42,100. Bitcoin (BTC) seems to have started a new bull run.  Already today the coin has made headlines by hitting a new record this year at over $41,000 and now it has managed to achieve a new milestone. A new 2023 record has been set at $42,100. Though the coin is still rather far away from its ATH of over $69,000 that was registered in November 2021, the gains of Bitcoin in 2023 are around 150%. At the moment of writing,…

Blockstream’s Adam Back bets Bitcoin could reach $1m after 2024 halving

boss

In a recent series of X posts, the head of Blockstream Adam Back said the largest by market cap cryptocurrency might surge to $100k before the 2024 halving. According to the Blockstream CEO, Bitcoin (BTC) “will surely flip physical gold sooner or later” as the probability of this scenario is high enough for “this halving cycle.” In an X post on Sunday, Dec. 3, 2023 Back said he expects the top cryptocurrency to set a new all-time high at $100,000 even before the 2024 halving. That’s what I’ve been saying,…

UK House of Commons Calls for Clarity on Retail CBDC Implementation

Despite the benefits highlighted in the ongoing testing of CBDC concerning issuance, distribution, and privacy, the committee fears that the launch of a digital pound could incur additional costs. The UK’s House of Commons, the lower house of Parliament, recently released a report addressing the country’s potential implementation of central bank digital currency (CBDC). The report urged the Bank of England (BoE) and the Treasury to conduct additional research to determine the advantages of introducing a digital pound in the region. According to the report published on December 2, the…

Trezor launches education initiative in Africa, funds Bitcoineta trip

boss

The hardware cryptocurrency wallet firm Trezor has continued its efforts to promote Bitcoin (BTC) education globally by launching a new educational initiative in Africa. The Trezor Academy was officially launched at the Trezor-backed Africa Bitcoin Conference in Ghana’s capital of Accra on Dec. 4, the firm announced to Cointelegraph. The academy is an educational program focused on spreading Bitcoin knowledge in Africa. Previously launched as a pilot in 2023, the program aims to provide in-person meetups led by local Bitcoin experts and enable a platform for local individuals to learn about…

Crypto Analyst Predicts Bitcoin 400% Surge To $200,000, Here’s When

boss

Crypto analyst Dave the Wave has shared a bullish prediction for the flagship cryptocurrency, Bitcoin. He believes that the crypto token could rise to as high as $200,000 and even provided a timeframe using technical analysis. When Bitcoin Will Hit $200,000 In a post shared on his X platform, Dave the Wave shared an accompanying chart that put Bitcoin’s price at $200,000 on December 1, 2025. Alongside this, he made known the fact that BTC’s moving average convergence divergence (MACD) indicator seems very bullish.  The crypto analyst went on to…

Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’

Two brothers, responsible for the theft of $8.5 million from decentralized finance (DeFi) protocol Platypus, were allowed to walk free with no repercussions by a French court.  On Feb. 16, hackers managed to drain and move $8.5 million from Platypus through a flash loan attack, forcing the protocol to suspend trading services until a resolution was found. Initial investigations identified Mohammed M. as the culprit, who took advantage of a code error and withdrew all assets through an uncollateralized loan. #CertiKSkynetAlert We are seeing a #flashloan attack on @Platypusdefi resulting…