Blockchain security firm SlowMist has cautioned about a surge in phishing attacks carried out by impostors posing as journalists on the recently launched decentralized social network friend.tech. It was first flagged on October 14, when Twitter user Masiwei reported a malicious code targeting friend.tech for account theft. As per the SlowMist Security Team’s investigation, the...Read More
Coinbase (NASDAQ: COIN) has listed SOL perpetual futures on its international exchange and Coinbase Advanced. The launch occurred earlier today, November 14. Avalanche’s AVAX is another major cryptocurrency to get listed on both platforms. We’ll see two major trading pairs this week: SOL-PERP and AVAX-PERP. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures...Read More
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry. This decision comes in the wake of charges filed against Opyn by the Commodity Futures Trading Commission (CFTC) in September. Opyn’s Co-founders Announce Departure from Crypto Opyn co-founders CEO Zubin Koticha and Alexis Gauba recently...Read More
BlackRock Inc., a prominent asset management firm, the company has brought attention to the potential threats that stablecoins pose to the Bitcoin market. This disclosure, part of a publicly filed document submitted to regulatory bodies, sheds light on the intricate challenges and intricacies within the ever-evolving landscape of cryptocurrency. BlackRock Shed Light’s on Stablecoin Volatility...Read More
A Bitcoin whale has entered a massive selling spree, offloading 411 Bitcoin for about $15.2 million. According to data from Lookonchain, the whale first converted the Bitcoin to Wrapped Bitcoin (WBTC) before selling it at an average price of $37,023. The whale still has 155 WBTC, worth about $5.74 million. A whale is selling $BTC....Read More
The Bitcoin (BTC) mining community achieved an annual all-time high (ATH) on November 12, amassing $44 million in combined block rewards and transaction fees. This milestone, the highest for the year, marks a resurgence for Bitcoin miners who weathered a challenging period between April 2022 and November 2023. 2023 Marks a Turnaround for Bitcoin Miners...Read More
Uniswap has rolled out the completed version of its wallet app to all Android users following a brief beta testing period that began last month. The app brings a simple mobile user interface to its decentralized exchange (DEX), which is currently the largest in the entire crypto ecosystem. Per Uniswap’s announcement on Tuesday, app users...Read More
Bitcoin Ordinals are taking the network by storm yet again. The total count of minted Bitcoin Ordinals Inscriptions has climbed to a new record. This milestone coincides with the second anniversary of the activation of the highly awaited Bitcoin upgrade, Taproot, which occurred at block 709,632 on November 14th and was the catalyst for the...Read More
The potential approvals of spot Bitcoin exchange-traded funds (ETFs) are poised to revolutionize the cryptocurrency market. According to industry experts and recent analyses from Coinbase and other financial institutions, once such products see the light of day, shifting the focus from tracking fund flows to considering the long-term impact on the market is important. Spot...Read More
NuggetRush soared past BNB and Terra Luna following a 20% rise in its price. Terra Luna and BNB are seeing a significant uptick in their prices. Experts forecast a 2,000% spike in the value of NuggetRush after its launch. Following the market’s gain and an increase in sentiment, the cryptocurrency scene is humming with enthusiasm....Read More
FTX and its sister company, Alameda Research, have deposited $24 million worth of digital assets onto exchanges Kraken and OKX, as reported by Spot On Chain today. Over the past few hours, FTX has deposited three different assets to the two exchanges days after transferring more to Binance, among other centralized exchanges. FTX and Alameda...Read More
[PRESS RELEASE – London, United Kingdom, November 14th, 2023] The Rootstock Grants Program, a trailblazing initiative within the cryptocurrency landscape has committed a further $2.5 million towards funding a new wave of ground-breaking projects that are built on Rootstock, the world’s first Bitcoin Sidechain. The exciting initiative stems from the desire to further the growth...Read More
A former trader from Jane Street, hired by Sam Bankman-Fried to contribute to FTX’s philanthropic efforts, is currently in a legal battle to secure the remaining portion of his 2022 bonus. Lawyers representing Ross Rheingans-Yoo claimed that the exchange had paid only $375,000 of his $650,000 bonus. They argued that FTX owes him $275,000 as...Read More
Cryptocurrency exchange Bitfinex has warned investors to exercise caution in their trading strategies as bitcoin (BTC) has entered a higher volatility environment. According to the latest edition of the Bitfinex Alpha report, BTC’s recent ascent to the $38,000 range may not last for a while, as on-chain metrics show that the digital asset could retrace...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, November 14th, 2023] STASIS, the European fintech company behind the oldest EURO stablecoin EURS, announced the new integration with recognized digital asset custodian Hex Trust today. This integration enables Hex Trust to offer custodial services with EURS to its clients and reinforces Hex Trust’s ambition to diversify its...Read More
The fourth Bitcoin halving is fast approaching and is estimated to be just 157 days away. In the meantime, there is a notable tightness occurring in the supply of Bitcoin that has now reached unprecedented levels in its history. Glassnode’s latest report revealed that the ‘available supply’ is at historic lows, and rates of ‘supply...Read More
The latest cyberattack on Coin Cloud, the defunct Bitcoin ATM company, by an anonymous hacking group has raised alarming concerns about the physical safety of the exposed users. The hackers claim to have infiltrated 300,000 Coin Cloud customers of personal information, including critical details such as social security numbers, dates of birth, names, email addresses,...Read More
Began from Nov 9, the SEC has this unique “window” to give the thumbs up to all 12 spot Bitcoin ETF filings, even including Grayscale Investments’ conversion of its Grayscale Bitcoin Trust product by November 17. SEC Remains Silent Bitcoin enthusiasts and investors alike have been closely monitoring the Securities and Exchange Commission’s response to...Read More
This piece will delve further into neckline continuation patterns including Cup and Handle Patterns and Head and Shoulders, and how their unique layouts are important for any trader. This blog is part of a series that has already covered; the basics of chart patterns, guide to continuation patterns and the roles of triangles. What is...Read More
