The Coin Republic (TCR) has been a witness to the growth of the crypto, web3 sector. We strive by the motto, “Of the coin, by the coin and for the coin.”
Bitcoin's Santa Rally: BTC Reclaims $98K, ATH in Sight?
The long-awaited Santa rally is here, with Bitcoin ($BTC ) surging past the $98,000 mark, igniting optimism across the crypto market. After weeks of consolidation, BTC has reclaimed a local high of $98,020, rising over 3% in a single day. 📈 Bitcoin’s Rebound: What Sparked the Rally? Market Momentum:-Bitcoin experienced a brief consolidation, retesting lows before a fresh wave of whale buying sparked a bullish surge. -Over $53M in short positions were liquidated within 24 hours, highlighting the
Crypto Hack Report 2024: Record $2.2B Lost in 303 Attacks!
📊 2024 Crypto Hack Insights Biggest Year for Hacks: With 303 attacks, 2024 saw the highest number of hacks in crypto history.Comparisons to 2022: Though fewer hacks (231) occurred in 2022, losses were higher at $3.7 billion. 💥 Major Crypto Hacks of 2024 1️⃣ Orbit Chain Hack: $80M stolen through compromised multi-signature wallets. 2️⃣ DMM Bitcoin Hack: $305M stolen due to platform vulnerabilities, making it the largest crypto hack of the year. 3️⃣ WazirX Hack: $235M stolen by the Lazarus Group
Metaplanet's $60M Bitcoin Purchase: What It Means for BTC and Beyond
Japanese investment giant Metaplanet is making waves again with another significant Bitcoin acquisition. The firm’s latest purchase of 619.7 $BTC —worth approximately $60 million—cements its position as one of Asia’s largest corporate holders of Bitcoin. 📊 Key Highlights of Metaplanet’s Bitcoin Strategy Record Holdings:-With this latest acquisition, Metaplanet now holds 1,762 BTC valued at approximately $168 million.-The purchase was made when Bitcoin was trading at around $96,000 per BTC.Aggre
$308M Crypto Heist Exposed: FBI Reveals North Korean Hackers’ Sophisticated Tactics
North Korean cyber group TraderTraitor has struck again, stealing $308 million worth of Bitcoin ($BTC ) from Japan-based Bitcoin.DMM.com. Here’s how this massive cryptocurrency heist unfolded—and what it means for the industry:
🔑 Key Highlights 1️⃣ Attack Details: Hackers used social engineering on LinkedIn to target a Ginco employee with access to Bitcoin.DMM’s wallet system.A malicious Python script on GitHub served as the entry point for the breach.The result: unauthorized transfer of 4,502
Arthur Hayes’ recent transactions have sparked waves in the Ethena ($ENA ) market. Recent market activity around Ethena (ENA) is sparking conversations about its next big move. Here's what you need to know:
🛠️ Major Ethena Movements Hayes deposited 2M ENA ($2.12M) into Bybit.Over the past two days, he unstaked and transferred 9M ENA ($10.6M) to Binance and Bybit.Despite this, Hayes still holds 7.94M staked ENA, valued at 8.1M USD.
📉 Market Impact Ethena is trading 3.3% down in the last 24 ho
Thailand is refining its crypto tax regulations to support its growing digital economy. Here’s what you need to know for 2024:
📊 Tax Rates & Categories: Personal Income Tax: Profits from crypto trading or investments are taxed based on your income bracket (0% to 35%).Capital Gains Tax: Applies to profits from selling crypto assets.Withholding Tax: A 15% tax on dividends or profit-sharing from digital tokens.
📅 New 2024 Regulations: Crypto Transfers: No VAT on transfers via licensed exchanges
Matador Technologies: Canada’s Latest Firm to Embrace Bitcoin for Corporate Treasury
Matador Technologies is the latest company to add Bitcoin ($BTC ) to its corporate treasury, following in the footsteps of industry giants like MicroStrategy and Metaplanet.💰
Top Reasons Behind This Move
-🔑 Matador's board cites concerns about the Canadian dollar and the country's economic outlook, with oil reliance and rising national debt causing uncertainty.
-📉 By allocating $4.5 million to Bitcoin and USD-denominated assets, Matador aims to preserve capital and protect against currency
Ethereum on the Rise: Can $6,000 Be the Next Milestone?
Ethereum $ETH 's price trajectory shows bullish momentum as accumulation addresses surpass 20 million. Here’s what to watch:
1. Strong Accumulation Signals Confidence Ethereum accumulation addresses now hold over 20M $ETH , reflecting sharp buying action by institutional investors and long-term holders. This trend suggests confidence in ETH’s long-term value. With fewer tokens circulating, a supply squeeze could drive price upward. 2. Bullish Chart Pattern: Inverse Head and Shoulders ETH’s pric
How Bitcoin (BTC USD) Could Reduce U.S. Debt by 36% by 2050
Could Bitcoin ($BTC ) offer a solution to the U.S.’s mounting debt crisis? Analysts propose that establishing a Strategic Bitcoin Reserve (SBR) could offset 36% of the U.S. debt by 2050, leveraging Bitcoin’s market cap and institutional demand for sustainable fiscal strategies. Strategic Bitcoin Reserve: A Game-Changer for U.S. Debt Experts suggest that the U.S. Treasury could accumulate one million Bitcoin over five years at an average price of $200,000 per BTC. Assuming a 5% annual debt growth