November 5, 2023

BNB Chain, Ethereum Blockchains Suffer 20 Attacks in October, Taking the Hardest Hits: Report

According to the latest report from Immunefi, from January to October 2023, over $1.41 billion has been lost to hacking and fraudulent activities in 292 specific incidents. In October 2023 alone, losses amounted to approximately $22.2 million, primarily attributed to hacking and fraud. The most frequently targeted blockchain networks during the period were BNB Chain...
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Google Cloud’s BigQuery Embraces Space and Time’s ZK-Proof for Verifiable Query Results

Space and Time, a data warehousing player, announced that it will enable its novel zero-knowledge (ZK) proof for SQL operations to work with Google Cloud’s warehouse, BigQuery. Dubbed ‘Proof of SQL,’ Space and Time’s new ZK protocol, will enable developers leveraging BigQuery to cryptographically confirm query results were computed accurately and on untampered data. BitQuery...
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Will the Bitcoin Price Hit $40K This Month as Bitcoin Minetrix ICO Passes $3.3M

Bitcoin is enjoying bullish momentum after a brief downturn earlier this weekend. With it currently priced at $35.1K, could we see a $40K Bitcoin for the first time since April 2022? Yet, despite Bitcoin’s recent pullback, the new mining protocol Bitcoin Minetrix ($BTCMTX) has continued gathering momentum as it surges past $3.3 million in its...
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Stablecoin Activity Takes Crown From DeFi in Q3: Report

Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular category among investors amid adverse market conditions. QuickNode’s latest on-chain report revealed a notable surge in stablecoin activity across blockchain networks. Stablecoins saw a 45% growth in active addresses and a 41%...
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Huge Move For Crypto? Leading German Asset Manager to Embrace Crypto ETFs

German asset management powerhouse DWS Group, with a staggering $900 billion in assets under management, is poised to make a significant foray into cryptocurrencies. The firm is gearing up to introduce exchange-traded funds (ETFs) dedicated to digital assets for retail investors, signaling a pivotal moment in the convergence of traditional finance and the burgeoning crypto...
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Supply Chain Zen: Ethereum Experts Touts Real World ETH Use Case

In addition to surging in price on crypto exchanges last month, Ethereum mainnet recently reclaimed dominance over its Layer-2 chains in daily transaction volume, according to data from L2Beat. Bloomberg crypto analyst Jamie Coutts recently said, “Public blockchains hold immense potential for empowering global citizens.” The most popular apps on Ethereum are for decentralized finance...
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Crypto Winter is Over With Cardano, Bitcoin Spark and Fantom Skyrocketing

After a prolonged period of uncertainty in the cryptocurrency market, it appears Crypto Winter is finally coming to an end. Recent developments in the crypto world, especially with the impressive performance of cryptocurrencies like Cardano, Bitcoin Spark, and Fantom, have reignited optimism among investors and enthusiasts. These surges in value suggest a potential thaw in...
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Top Altcoins To Watch Next Week: Binance Coin (BNB), Solana (SOL) And Arbitrum (ARB) Prices Hit Resistance

In the last week, the altcoin market has been attempting to recover the resistance level it achieved in October while Bitcoin tried to climb past the $36,000 mark. However, Bitcoin’s inability to sustain an upward momentum led to a downturn in the altcoin market. Nevertheless, investors were quick to capitalize on the price declines of...
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Bitcoin (BTC) $ 98,136.29 4.60%
Ethereum (ETH) $ 3,245.29 4.70%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 244.32 2.59%
BNB (BNB) $ 617.27 0.74%
XRP (XRP) $ 1.12 1.89%
Dogecoin (DOGE) $ 0.388298 0.05%
USDC (USDC) $ 1.00 0.01%
Lido Staked Ether (STETH) $ 3,255.76 5.13%
Cardano (ADA) $ 0.796049 4.19%