A major US hotel chain is set to pay a $45 million settlement to numerous customers impacted by two significant data breaches. MGM Resorts International has agreed to the settlement following breaches affecting around 37 million individuals in July 2019 and September 2023. The 2019 breach exposed sensitive information such as names, addresses, phone numbers,…
BitMEX co-founder Arthur Hayes suggests that the crypto markets are currently experiencing a brief correction phase before Bitcoin (BTC) and other digital assets surge to new record highs by the end of the year. In a recent interview, Hayes explains that significant corrections are typical during historical bull cycles and are instrumental in establishing a…
MoonPay, a web3 infrastructure provider, has recently acquired stablecoin infrastructure developer Iron, following its previous acquisition of crypto payments platform Helio. This acquisition significantly broadens MoonPay’s services, offering solutions for managing multi-currency treasuries, facilitating instant cross-border payments, and creating revenue through yield-bearing assets. MoonPay’s co-founder and CEO, Ivan Soto-Wright, expressed that this strategic move places…
Analyst Kevin Svenson shares his insights on the current state of Bitcoin (BTC) as the leading cryptocurrency teeters around 24% below its all-time high. In a recent analysis, Svenson addresses his audience of 82,800 subscribers on YouTube, emphasizing that Bitcoin’s next moves are pivotal in determining its price trajectory in the upcoming weeks and months….
The CEO of Strike, a Bitcoin wallet and payments app, Jack Mallers, believes that the market cap of the leading digital asset could increase by trillions of dollars. In a recent interview with Anthony Pompliano, founder of Pomp Investments, at the Bitcoin Investor Week in New York, Mallers expressed his view that Bitcoin serves as…
A prominent crypto analyst and trader is cautioning that Bitcoin (BTC) is facing a heightened risk of experiencing a more significant correction. In a recent update, crypto trader Justin Bennett shared with his substantial following on X social media platform that Bitcoin’s market structure is showing signs of weakness by failing to reclaim $92,000 as…
A well-known crypto analyst predicts that Ethereum (ETH) may need to face some “pain” before making a recovery. In a recent YouTube video, Benjamin Cowen, addressing his 886,000 followers, suggests that a shift in monetary policy might be necessary for ETH’s chart against Bitcoin (BTC) to hit a bottom. “In order to alter monetary policy,…
