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Crypto Price Today: Bitcoin falls below $39,700; Ethereum, BNB shed over 5%

Bitcoin was trading 0.64% lower at $39,648 at 11:41 am, while Ethereum was down 5.34% at $2,219. Other altcoins, like BNB and Polygon, fell over 5% each. Litecoin, Chainlink, Tron, Dogecoin, and Cardano dropped 2-4%.The total volume in DeFi is currently $5.96 billion, 8.04% of the total crypto market 24-hour volume. The volume of all stablecoins is now $67.7 billion, which is 91.31% of the total crypto market 24-hour volume.
Sathvik Vishwanath Shivam Thakral Edul Patel Bitcoin Etfs Coindcx Research Team Crypto Price Today

Crypto hackers stole around $1.7 billion in 2023

Cyber attacks have been a persistent challenge for the crypto industry, and widespread hacking is one of the reasons why most regulators around the world frown upon crypto. Though stolen funds more than halved, the number of individual hacking incidents grew to 231 last year from 219 in 2022, Chainalysis said. North Korea has previously denied allegations of hacking or other cyber attacks.
North Korea Jaiveer Singh Shekhawat Devika Syamnath North Korea Linked Cyber Attacks
Source: yahoo.com

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Who's afraid of cryptocurrency?

The US Securities and Exchange Commission (SEC) has approved 11 exchange-traded funds (ETFs) on the spot price of bitcoin. While many hoped India would follow suit, the Reserve Bank of India (RBI) has maintained its stance that cryptocurrencies have no intrinsic value. The RBIs view is limited to cryptocurrencies as a currency, not the blockchain technology behind them. The issue of currency in a nation-state is a state function, conducted through the central bank. It is unlikely that Indias cur...
South Korea Tel Aviv South Korean Shaktikanta Das Elon Musk Gary Gensler

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