October 23, 2023

Bitcoin Miners Are Outperforming BTC This Year – Here’s Why

While Bitcoin has nearly doubled in value since the start of the year, one of its close neighbors in the investment universe has proven a more profitable buy: mining companies. Nearly all publicly-traded Bitcoin mining firms have soared over 100% since January 1, benefitted by both BTC’s rising value and positive business developments. Bitcoin Miners...
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Blockchain Detective ZachXBT’s Account Subpoenaed for an ‘Unclear Reason’

Cryptocurrency investigator ZachXBT has revealed on social media that his X account and a few others received a subpoena from a court requesting additional information for unspecified reasons. On October 21, he shared two screenshots regarding the request. The first depicted the court’s request for specific information that X was mandated to provide. The second...
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ZebPay CEO: International Statutory Bodies Can Join Forces in Framing ‘Cohesive’ DeFi Rules

The proactive approach to framing crypto-specific guidelines comes as a respite after years of conversations about an outright ban on the sector that was initially mooted by the Reserve Bank of India. The Indian government may have shelved its plans to impose a blanket ban on crypto, but there’s still a long way to go,...
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TrueUSD’s Security Breach Sparks Concerns Over Private Key Compromise

According to ChainArgos, a blockchain intelligence firm, the situation surrounding TEURO has become increasingly complex. TrueUSD, the stablecoin company responsible for currencies like TUSD and TGBP, has publicly stated that they have no association with TEURO. However, it is undeniable that the TEURO contract was deployed using one of TrueUSD’s private keys, ChainArgos says. TrueUSD...
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Worldcoin Foundation Transitions Orb Operator Payments to WLD Tokens

The Worldcoin Foundation has announced its plans to strategically transition its Orb device operators’ payments from USDC to the native WLD tokens. This decision comes as the circulating supply of WLD tokens surpasses 1% of its total token supply of 10 billion tokens. WLD Token’s Rise to 1% Circulating Supply The Worldcoin Foundation intends to...
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Medical Doctor Confesses to Paying Hitman $25K in Bitcoin to Kill His Girlfriend

A medical doctor pleaded guilty to using the dark web in a murder-for-hire plot against his girlfriend. The individual paid a total of over $25,000 worth of bitcoin to carry out the murderous plot, which was averted by authorities. $25,200 in Bitcoin for a Murder Plot According to a press release by the US Department...
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Is Shiba Inu Ready For an 8 Month High? Here’s What Analyst Think

Shiba Inu (SHIB), a popular meme-based cryptocurrency, has been prominent in the digital asset market with its recent price movements. Investors and enthusiasts are eagerly anticipating the possibility of SHIB reaching an 8-month high. In this article, we will explore the current price analysis of Shiba Inu (SHIB), discuss the perspectives of analysts, and also...
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Blockchain Dev Calls for Radical Changes to Counter Critical Lightning Network Attacks

Renowned blockchain developer Antoine Riard has issued an urgent plea for updates to Bitcoin’s source code. Antoine Riard’s research paper delves into the critical vulnerabilities within the Lightning Network, shedding light on a particular category of transaction-relay jamming attacks known as “replacement cycling.” Replacement Cycling Attacks on the Lightning Network The Lightning Network was created...
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Chainlink Whales Keep Stacking LINK as Network Activity Soars to 3-Month Highs: Data

Chainlink (LINK) surged more than 43% over the past month, charting a multi-month peak. Amid a broader market rebound, LINK demonstrated remarkable strength. It stood out as a notable performer among the top altcoins, leading an explosive rally beyond a level seen over a year ago. Chainlink Whales on Accumulation Spree In early September, Chainlink...
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Hal Finney Could Not Have Been Satoshi Nakamoto, Says Bitcoin Researcher

The identity of Satoshi Nakamoto is the most well-kept secret in the history of cryptocurrency. Throughout the years, several people have been considered as the possible inventor of Bitcoin. Several others, such as Craig Wright, have claimed to be the one in an attempt to profit off of the name. Others, such as Hal Finney...
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Bitcoin Price Shoots Up to $31K But These 5 Altcoins Are Flying

The weekend has been a big one for crypto markets, with BTC skyrocketing to a new multi-month peak at around $31,000. Moreover, the move has pushed total market capitalization to $1.19 trillion, its highest level since mid-August.  Solid Bitcoin Weekly Close Bitcoin prices neared $31,000 during the Monday morning Asian trading session. This is the...
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Crypto Gems In 2023: VC Spectra, Maker, or Polkadot?

VC Spectra (SPCT) embarked on an extraordinary journey, first securing $2.4 million in its private seed sale, setting the stage for a captivating public presale. Meanwhile, Maker (MKR) has witnessed impressive gains due to strategic investments, while Polkadot (DOT) faces challenges like regulatory actions and uncertain upgrades, affecting its outlook. Let’s delve into further analysis...
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Q3 2023 Was the Worst Quarter for NFT Sales in 3 Years: Report

Non-fungible token (NFT) sales in Q3 2023 were the worst the market has seen in roughly three years. According to a Binance Research report, the NFT sector recorded $299 million in sales in Q3, attributed to a slump in the price of ether (ETH) and the floor prices of most collections. Worst Quarter For Sales...
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Now Live: Two XBTETF Prediction Markets Listings

XBTETFX23 and XBTETFF24  – two new Prediction Markets listings  – are now available to trade on BitMEX. Giving our traders the opportunity to predict and take positions on the event of an approval by the US SEC of a Bitcoin spot ETF. For the lowdown on this new Prediction Markets listing, read on.  If you...
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London Police Unleash Specialized 40-Member Unit to Hunt Down Crypto Criminals

In a decisive move to counter the escalating use of cryptocurrencies in criminal activities, London’s Metropolitan Police established a 40-member team specializing in crypto investigations. The move comes as authorities express mounting concerns that digital currencies now play an ‘endemic role’ in organized crime. UK Crypto Fraud Cases Skyrocket Since its inception in May, the...
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Bitcoin (BTC) $ 97,685.17 4.51%
Ethereum (ETH) $ 3,137.82 0.62%
Tether (USDT) $ 1.00 0.01%
Solana (SOL) $ 242.50 1.89%
BNB (BNB) $ 609.78 0.88%
XRP (XRP) $ 1.12 0.88%
Dogecoin (DOGE) $ 0.383934 2.24%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,136.41 0.61%
Cardano (ADA) $ 0.782285 7.12%