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Memecoins Reach $140B Market Cap and Gain Ground in Crypto Economy
The memecoin sector was worth 11.21% of crypto market capitalization, excluding bitcoin and ether, as of Dec. 1. Dec 5, 2024, 9:25 p.m. UTC Memecoins undoubtedly capture a big slice of crypto observers' attention — even if not everyone is a fan. But data shows they're gobbling up a growing amount of the crypto economy too. The sector — powered by the likes of dogecoin (DOGE) and Shiba Inu (SHIB) — made up 3.16% of the combined market capitalization of all cryptocurrencies on Dec. 1, up from 1.3% at the beginning of the year, according to a new report from...
WazirX hackers prepped 8 days before attack, swindlers fake fiat for USDT: Asia Express
A major Indian crypto exchange lost $235 million to a “force majeure” hack, Hong Kong fraudsters are tricking USDT holders with counterfeit cash and more! by Yohan Yun 6 min July 18, 2024 Share Share Share Share WazirX hackers were preparing 8 days before the $235M theft The hackers behind the $235 million WazirX crypto exchange breach began preparing onchain at least eight days prior, according to Polygon Labs’s security chief. WazirX, one of India’s largest cryptocurrency exchanges, lost hundreds of millions to a multisig wallet hack on Thursday, July 18, which is being blamed on North Korean hacking organization...
Fairtree Capital acquires minority share in MidSquare Capital
*This content is brought to you by Fairtree Fairtree Capital, the South African holding company of the local Fairtree group of companies, is pleased to announce that it has acquired a minority equity investment in cryptocurrency and decentralised finance asset management business, MidSquare Capital. MidSquare, is an FSCA-licensed boutique asset investment management firm, that was established in 2023 by Nersan Naidoo, Reece Briesies and Selwyn Pillay. While Fairtree Capital and its existing Fairtree companies do not currently manage or invest in digital assets, the group recognises the growing importance of these assets in the investment industry. Fairtree Capital is confident...
