January 11, 2024

Coingecko’s X Accounts Compromised to Announce Fake Token Airdrop

Hackers briefly took over the official X accounts of major crypto data aggregator Coingecko to promote a fake token launch and airdrop. The Coingecko incident became the second X hack within 24 hours after the U.S. Securities and Exchange Commission’s account was also compromised.  Coingecko announced the news of the hack in an X post...
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Vanguard Group Won’t Let Its Clients Buy The New Bitcoin ETFs: Here’s Why

Vanguard Group – the $7.7 trillion asset manager outsized only by BlackRock – has blocked client access to all newly listed Bitcoin spot ETFs. The firm has also ruled out launching a Bitcoin ETF product of its own, claiming the asset doesn’t align with the firm’s investment philosophy. Banks Blocking Bitcoin Access Multiple Twitter and...
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NEAR Foundation to Cut Team by 40% in Realignment Effort

NEAR Foundation announced plans to cut its team down by about 40% as part of its realignment initiative, impacting 35 employees. In 2023, the NEAR Protocol managed to host three of ten top Web3 apps, achieve a record number of users daily, and gain more Ethereum community partnerships. NEAR Foundation Realignment Efforts NEAR Foundation has...
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Bitcoin Or Bitcoin ETF, Which is the Best Buy For 2024?

Just as the U.S. regulators approve this new breed of financial product, speculations have been in place about the new game the Bitcoin ETF is! Experts believe that these spot ETFs will empower people with a way to invest in Bitcoin through their brokerage for the first time. Big names like BlackRock and Fidelity have...
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Robinhood Plans to List Spot Bitcoin ETFs ‘ASAP’

Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform. The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving spot Bitcoin ETFs. SEC’s Approval to Integrate Crypto with Traditional Finance “We’ve been ahead of the curve in crypto access, and we plan to list...
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Bitcoin Miner Outflow Surges to 77-Month High: Data

Bitcoin miner outflow has reached a 77-month high despite an overall positive trend in the crypto market. According to on-chain intelligence firm CryptoQuant, the ‘Miner Outflow’ metric demonstrated the outflow of Bitcoin from mining pool wallets not seen since August 2017. The outflow metric doesn’t directly monitor funds transferred from miners’ addresses to crypto exchanges,...
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Bitcoin Blasts Over $49,000 As ETFs Gather $1.7 Billion In Volume After Launch

Bitcoin (BTC) ripped to another multi-year high of $49,000 on Thursday within an hour of the first U.S. Bitcoin spot ETFs going live on public markets. Between all 11 fund providers, Bitcoin ETFs have already traded $1.7 billion in cumulative volume, based on Yahoo Finance data. According to Bloomberg ETF analyst James Seyffart, Grayscale’s Bitcoin...
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DePIN and DeWi Come to Sui in Groundbreaking Karrier One Partnership, Upcoming Token Launch

[PRESS RELEASE – Markham, Ontario, January 11th, 2024] The deal includes strategic investment from Sui to fuel the expansion of Karrier One’s growing global footprint Sui, in collaboration with Karrier One, proudly announces a strategic partnership that marks a significant leap in integrating advanced telecom services with the dynamic capabilities of web3 technology. At the...
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Vitalik Buterin Advocates for a 33% Gas Limit Increase for Ethereum

During a recent Reddit Ask Me Anything (AMA) event organized by the Ethereum Foundation’s research team, the protocol’s co-founder Vitalik Buterin suggested a “modest” increase in its gas limit to improve network throughput. Buterin noted that the gas limit has not been increased for nearly three years, marking the longest period in the protocol’s history....
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Bitcoin (BTC) Price To Hit $300-600K This Crypto Bull Run – Predicts Michaël van de Poppe

The next 24 months will be extremely exciting for the cryptocurrency industry which is well described by intense speculation from global investors. The approval of 11 spot Bitcoin exchange-traded funds (ETFs) in the United States has opened floodgates to billions of dollars proliferating into the cryptocurrency market, thus improving the existing liquidity. Furthermore, any investor...
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A Watershed Moment for Crypto: Coinbase Comments on Bitcoin ETFs Approval

America’s largest cryptocurrency exchange, Coinbase, has tagged the approval of spot Bitcoin exchange-traded funds (ETFs) in the U.S. a “watershed moment,” which would lead to the expansion of the digital asset economy. In a blog post, the trading platform stated that the new products would unlock diversified pools of fresh investors to propel long-term growth...
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Cathie Wood: Gary Gensler’s Critique Reflects Old vs. New DNA Clash in Crypto

The Securities and Exchange Commission (SEC) recently approved several Bitcoin Exchange-Traded Funds (ETFs) in a watershed moment for the crypto industry. However, the enthusiasm surrounding this milestone was dampened by the critical stance taken by SEC Chair Gary Gensler towards Bitcoin and cryptocurrencies in general. Cathie Wood Reacts to Gensler’s Comment This drew surprise and...
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Bitcoin ETF Approvals Do Not Undo Many Harms Created by SEC: Commissioner Peirce

Hester Peirce, also known as ‘crypto mom,’ didn’t mince her words in a statement responding to the approval of spot Bitcoin exchange-traded products by her agency after a decade of rejecting them. “Today marks the end of an unnecessary, but consequential, saga,” she said on Jan. 10. The saga likely would have spanned well beyond...
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BitsLab Emerges: MoveBit and ScaleBit Elevate to a New Era in Blockchain Security Auditing

[PRESS RELEASE – Singapore, Singapore, January 11th, 2024] As the blockchain industry emerges from a prolonged bear market, BitsLab, a leading name in blockchain security auditing, is making significant strides. Focusing on emerging Web3 ecosystems, BitsLab is redefining its approach to blockchain security auditing through its subsidiaries MoveBit and ScaleBit. MoveBit, originally a collaboration of...
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Delisting of Illiquid Perpetual Contracts

On 18 January 2024 at 12:00 UTC, we will delist two perpetual swap contracts (please see the list below). The contracts will be settled early at 12:00 UTC on 18 January 2024 ( “Tsettle”), according to the standard practice described in our Exchange Guide. Contract to be delisted Settlement Price BONEUSD .BBONE30M BONEUSDT .BBONET30M The...
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ProShares Bitcoin Strategy ETF (BITO) Hits Record $2B in Assets Amid Spot ETF Anticipation

The ProShares Bitcoin Strategy ETF (BITO) has witnessed a significant surge in its assets under management, approaching the $2 billion mark on January 8th, thereby registering an all-time high. On the same day, the trading volume of the fund crossed $800 million. Launched in October 2021, BITO made history as the first-ever Bitcoin futures exchange-traded...
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Cardano Price on the Cusp of Bullish Rally : ADA Price Poised To Hit $0.93 Level Soon

Cardano (ADA) network, a top-rated layer one (L1) blockchain with about $350 million locked by its web3 protocols, is on the final stretch of invalidating the 2022/2023 bear market. Following the 70 percent December breakout, Cardano bulls have enjoyed the upper hand, bolstered by the ongoing altcoin recovery. Moreover, the medium-capped altcoin, with a fully...
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Bitcoin (BTC) $ 97,600.15 4.12%
Ethereum (ETH) $ 3,304.54 6.75%
Tether (USDT) $ 0.999864 0.09%
Solana (SOL) $ 244.21 2.89%
BNB (BNB) $ 619.75 1.34%
XRP (XRP) $ 1.14 0.90%
Dogecoin (DOGE) $ 0.387993 0.64%
USDC (USDC) $ 0.999143 0.09%
Lido Staked Ether (STETH) $ 3,303.31 6.75%
Cardano (ADA) $ 0.805739 1.78%