November 29, 2022

Crypto Ransom Demanded to Restore Compromised Servers of Indian Hospital: Report 

India’s largest and most advanced government-run hospital, more popularly known by its acronym AIIMS (The All India Institute of Medical Sciences), suffered a hack of its servers on November 23.  Even as they remained out of order for the sixth consecutive day, a new twist emerged in the ongoing multi-agency investigation and restoration effort.  A...
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BNB Chain NFT Support Added to OpenSea

OpenSea – the world’s largest NFT marketplace – is bringing NFTs based on BNB Chain to its platform.  The network’s collectibles will soon be available for listing and sale on OpenSea’s standard core marketplace.  OpenSea Meets BNB Chain Per a press release shared with CryptoPotato, OpenSea’s Seaport protocol will launch BNB Chain starting in Q4...
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Huobi Partners With Dominica to Issue National Token DMC on Tron

Cryptocurrency exchange Huobi announced the launch of the world’s first national token, DMC (Dominica Coin) and Dominica DID, under the authorization of the government of the Commonwealth of Dominica. For the project, Huobi tapped Tron Network and DMC Labs. According to the official press release, both Dominica DID and DMC were originally issued on the...
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Cosmos Surpasses Cardano in GitHub Daily Development Activity

According to recent data, projects on the Cosmos ecosystem surpassed that of Cardano by a small margin. Cosmos, with 603 commits, currently trails only behind Ethereum, with 806 commits. GitHub activity essentially indicates which projects are receiving attention from devs and are being meticulously developed. Given the tepid market conditions, Cosmos’ increased activity hosting service...
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FTX Hacker Transfers $4.1 Million in Bitcoin to OKX

On-chain sleuth ZackXBT has tracked down some of the mixed Bitcoin funds stolen by the mysterious FTX hacker this month.  The analyst found that $4.1 million worth of Bitcoin (255 BTC) has ended up on OKX, a cryptocurrency exchange.  As explained on Twitter, the hacker initially deposited the stolen funds to CoinMixer – an anonymous...
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What’s Awaiting for the Cardano (ADA), Dogecoin(DOGE) & Polygon (MATIC) Price 

The crypto space has been pretty uncertain for quite a long time, with constant price variations led by multiple external factors. While the BTC price has been maintaining a minor upswing, the other altcoins are also gearing up to reach immediate resistance.  A well-known analyst, anonymously called Altcoin Sherpa, predicts the upcoming price actions of...
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Serum (SRM) Backs Community Hard Fork Plans After FTX Collapse

Serum (SRM) – the Solana-based DEX protocol launched in part by FTX – is seeking a fresh restart after FTX’s fallout left the project’s security permanently compromised.  The new project – called Openbook – will be community-led, and may or may possibly discard the SRM token entirely.  Serum’s New Beginning In a Twitter thread on...
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Play-to-Earn With the New Rebus Utility Token

[PRESS RELEASE – Please Read Disclaimer] One of the main goals of Rebus is to reimagine TradFi and DeFi to increase adoption and benefit more than just $REBUS holders, but the entire ecosystem of users. With an emerging gaming market on Web3, Rebus has created a way to capitalize on play-to-earn crypto gaming. That’s where...
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Upbit Parent Firm Posts Over 70% Decline in Profits in Q3

According to the latest report, Dunamu’s sales declined by over 66% compared to the same period last year, in addition to its operating profit sliding by 76.6% and net profit by 72.7%. Moreover, the fintech firm’s sales and operating profit decreased by 24.1% and 39.3%, respectively, compared to the second quarter. Dunamu explained that the...
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Top Reasons Why XRP Is Your Best Bet For 2023

Ripple’s XRP token fell substantially on Monday amid risk-averse macroeconomic inflows. According to CoinMarketCap, XRP/USD was last trading at $0.39, down 3.4% in 24 hours, marking a 7.0% reduction in the cryptocurrency’s market capitalization since last Friday. The sell-off combined with the unfavorable macro factors was too much for the other altcoins to withstand, and...
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Silvergate Capital Reveals its Exposure to Bankrupt Crypto Lender BlockFi

Silvergate Capital Corporation – a digital asset bank based in California – revealed its deposit relationship to the troubled crypto firm BlockFi was limited to less than $20 million of its total deposits.  The latter filed for Chapter 11 bankruptcy protection in the United States earlier this week, becoming the next leading company in the...
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Kanga Exchange Venturing into Europe to Further Crypto Adoption

Exchanges have long evolved into something a lot more than just providing a medium for swapping between different cryptocurrencies. The industry is growing at an unprecedented rate, and, despite the ongoing bear market, users remain in need of multiple solutions brought under the same roof. Kanga Exchange is a Polish-based cryptocurrency exchange that combines a...
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Hash Ribbon Reversal Confirms Bitcoin Miner Capitulation Phase

Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles. Hash Ribbon indicators use simple daily moving averages to identify changes in hash rate trends. They are often used as a long-term signal to indicate macro bottoms on the Bitcoin price chart. A bearish...
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BlockFi Sues SBF Over Robinhood Shares After Filing for Bankruptcy: Report

Shortly after filing for Chapter 11 bankruptcy protection, the distressed crypto lender has gone after Sam Bankman-Fried’s Emergent Fidelity Technologies entity. BlockFi’s filing involves shares of Robinhood that the once-FTX boss purchased earlier this year. The US-based crypto lender filed for bankruptcy yesterday in a New Jersey court, as reported, but also launched a lawsuit...
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Over 90% of Australians Have Heard About Bitcoin (Survey)

According to a study conducted by Independent Reserve, more than 25% of Aussies are crypto HODLers. Bitcoin remains the most recognizable digital currency, as 90.8% of the participants admitted being aware of its existence. The Latest Figures in Australia The share of Aussies that own crypto assets has slightly shrunk compared to the figures from...
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Kraken Settles With The SEC And Pays $362k For Violating U.S Sanctions on Iran

The U.S. Office of Foreign Assets Control (OFAC) has made it clear that it will keep imposing fines on cryptocurrency exchanges for alleged violations of the U.S. sanctions system. This time it was the turn of Kraken, one of the oldest crypto exchanges in the U.S. Who will be next? Kraken, a well-known American crypto...
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FTX Leadership Misrepresented Bahamas Authorities’ Actions, Says AG

Following Sam Bankman-Frieds’ speedy exit, authorities in the Bahamas began investigating the collapse of the collapsed crypto exchange. One measure taken was to freeze the assets of FTX Digital Markets – the Bahamian subsidiary of the company. Speculation Not Welcome In an address to the nation conducted via Facebook Live, Bahamas Attorney General and Minister...
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Bitcoin (BTC) $ 95,643.63 1.84%
Ethereum (ETH) $ 3,329.07 1.39%
Tether (USDT) $ 0.999539 0.10%
XRP (XRP) $ 2.24 0.17%
BNB (BNB) $ 657.80 0.80%
Solana (SOL) $ 182.77 0.88%
Dogecoin (DOGE) $ 0.316781 2.22%
USDC (USDC) $ 1.00 0.02%
Lido Staked Ether (STETH) $ 3,324.43 1.20%
Cardano (ADA) $ 0.895556 1.46%