DeFI News by Thebittimes.Com

The cryptocurrency market continues to attract investors with its dynamic growth and evolving opportunities. In this context, Finbold selected two cryptocurrencies with the potential to reach a $50 billion market cap in Q1 2025. This happens despite Bitcoin (BTC) facing a slight pullback, finding strong support around the $90,000 level, a critical threshold for market sentiment.  However, the broader market reflected its unpredictable nature, with the global cryptocurrency market cap declining 1.8% over the last 24 hours to $3.43 trillion. Despite this short-term pullback, the market has shown consistent strength, building momentum across digital assets. Picks for you AI predicts Sui Network (SUI) price for 2025 2 hours ago U.S. govern...

According to reports, Poloniex, a crypto exchange founded by Tron’s Justin Sun, has been hacked for over $100 million. The hack was brought to light by crypto security firms PeckShield and Cyvers. The security firms flagged the possible hack at around 10:55 UTC. JUST IN: Tron founder Justin Sun's crypto exchange Poloniex hacked for over $100 million . — Watcher.Guru (@WatcherGuru) November 10, 2023 The firm’s customer service arm took to X (formerly known as Twitter) and said that their ‘wallet has been disabled for maintenance.’ The platform said it would inform the community when the wallet is online. However, there has been no update from the exchange since. Also Read: Binance To Halt Russian Ruble Deposits From November 15, 2023 Our wallet has been disabled for maintenance. We will update this thread once the wallet has been re-enabled. — Poloniex Customer Support (@PoloSupport) November 10, 2023 Tron founder and Poloniex backer...

Justin Sun ’s Tron and prominent crypto platform Huobi were bringing the world ’s very first national token to life. In a recent announcement, Huobi revealed that the firm had partnered with Tron as well as DMC Labs to roll out Dominica Coin or DMC. The issuance of DMC was reportedly endorsed by the Dominica government. Sun took to Twitter and shared the latest partnership with the community. 💪@HuobiGlobal partnered with @trondao and DMC Labs to jointly launch the world's first national token, #DMC (Dominica Coin). 🔥#Huobi also supports Dominica Digital ID for KYC verification. https://t.co/UFe6QEzIrr — H.E. Justin Sun🌞🇬🇩🇩🇲🔥 (@justinsuntron) November 29, 2022 It should be noted that both DMC, as well as Dominica DID, would be issued on the Tron blockchain. However, in the near future, cross-chain interaction is expected to garner support. Networks like Ethereum, BSC, and ...