October 17, 2022

Polkadot Development Activity Peaks in Q3: Report

Latest data also suggest that nearly 14,930 developer contributions were recorded on Polkadot’s GitHub for August, establishing a new monthly ATH by a wide margin. Polkadot surpassed the margin yet again but for the first time in September, concluding the month with 15,433 contributions, the highest recorded on any network, including Ethereum. New Records For...
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Sam Bankman-Fried and FTX Probed by Texas State Securities Board

The Texas State Securities Board – the region’s securities regulators – is investigating FTX and its boss, Sam Bankman-Fried (SBF), over whether some of its crypto offerings violate state law.  As reported by Bloomberg on Monday, the regulator has taken specific issue with the company’s yield-bearing crypto accounts, which may constitute unregistered securities offerings.  As...
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Bitcoin Links With Gold as Inflation Hedge at 30-Day View

The correlation between Bitcoin and stocks may be decoupling. And the original cryptocurrency might be working as advertised as an inflation hedge. With inflation soaring, BTC is tracking more like spot gold than US stocks. At the 30-day view Sunday, the bitcoin price was down 3.11% for the period at UTC 17:30. Stocks, on the...
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BSV Network Suffers Empty-Block Mining Attack

Bitcoin SV is getting bogged down after a majority hash power began mining blocks that don’t include any transactions.  In response to the event, the Bitcoin Association has contacted all relevant exchanges to freeze the block rewards associated with the attack.  Explaining the Empty Block Attack As told by Todd Price – Curriculum Specialist for...
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Currently Bitcoin Is Similar To That Of 2018 Price Movement, Here Is Why

Last week the world’s first cryptocurrency, Bitcoin, was too close to losing $18,000 area due to an increased inflation data. However, the lead cryptocurrency has managed to open the week on a positive note. However, the global crypto market cap is still under $1 trillion. Currently, Bitcoin is trading at $19,510 after a surge of...
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Mastercard Launches Program to Help Banks Offer Crypto Trading

The multinational financial services company Mastercard is all set to launch a program to help financial institutions offer cryptocurrency trading to their clients. The company plans to serve as a “bridge” between the crypto trading platform Paxos and banks to oversee regulatory compliance and security – two major areas that the banks have cited as...
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Making Investments in Rare Whiskeys Easy Through Blockchain

Alternative investments are coming to prominence and are taking a more central stage in the global investment scene. And while this is undoubtedly a positive feat, there are certain challenges that also take shape. For example, it’s increasingly hard for retail investors to diversify their portfolios and include alternative investments. This is because of the...
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CZ Responds to Reuters FUD About Binance Regulatory Compliance

Changpeng Zhao (CZ) – CEO of Binance – called out a Reuters journalist on Monday over a handful of “accusations” they’ve made against the exchange over the past several months.  The executive said the reporter has written several articles about Binance based on anonymous sources, and that they recently crossed into “indefensible territory” with their...
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Grayscale’s GBTC Climbs New Record of 36.7% Discount

It has been a dull weekend for Bitcoin struggling to clear the $20,000 resistance zone. Further indicating a potential case of dwindling institutional interest in the flagship cryptocurrency is the Grayscale Bitcoin Trust (GBTC) discount registering a new record high. It was currently trading at a 36.7% discount against BTC spot prices, setting the largest...
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How Drake Lost $600K Worth of BTC Betting on Football

The Canadian rapper, singer, and actor Aubrey Drake Graham (better known as Drake) bet a little over $600,000 worth of bitcoin on the English soccer team Arsenal to beat Leeds United and on FC Barcelona to win “El Clasico” against Real Madrid.  Unfortunately for him, the club from the Spanish capital defeated its biggest rival...
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Bitcoin Price Prediction: BTC to Find Bottoms Between $10,000-$13,000 by December 2022!

The following trade appears to be extremely bearish for the Bitcoin(BTC) price, as the trade setup and on-chain fractals point to a massive drop for the token that is rapidly approaching. The bottom is formed 300 to 400 days after the cycle’s highs, according to the pattern followed by the asset since its inception. In...
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Coming Soon: Trade the ETH/XBT Spot Pair and More on BitMEX

Since May 2022, users have had the option of trading portfolio staples like XBT and ETH, rising stars like APE and AXS, and DeFi performers like UNI – all paired against USDT. However, that changes later this week, when we launch the ETH/XBT spot trading pair. It’s an addition that means BitMEX Mobile and Web...
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North Korean Hacker Group Lazarus Phishing for Crypto in Japan: Report

Over the weekend, Japanese local media reported that Lazarus has been attacking local crypto companies, according to the National Police Agency. The group has been using social engineering, such as sending phishing emails to employees at crypto companies or using social media to lure them into installing malware. Phishing is a technique where targeted emails...
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Delisting of Illiquid Contracts

On 20 October 2022 at 12:00 UTC, we will delist 14 perpetual swap contracts (please see the list below). The contracts will be settled early at 12:00 UTC on 20 October 2022 ( “Tsettle”), according to the standard practice described in our Exchange Guide.  Contract to be Delisted Settlement Price SANDUSDT .BSANDT30M LINKUSDT .BLINKT30M NEARUSDT...
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Bitcoin (BTC) $ 97,230.05 3.67%
Ethereum (ETH) $ 3,321.26 7.44%
Tether (USDT) $ 1.00 0.17%
Solana (SOL) $ 249.86 6.63%
BNB (BNB) $ 621.84 2.07%
XRP (XRP) $ 1.11 1.41%
Dogecoin (DOGE) $ 0.383997 1.07%
USDC (USDC) $ 1.00 0.13%
Lido Staked Ether (STETH) $ 3,322.94 7.39%
Cardano (ADA) $ 0.787639 4.64%