According to cybersecurity firm PeckShieldAlert, the cryptocurrency space faced approximately 20 hacking incidents in October 2024, with total losses reaching around $88.47 million. Five significant breaches accounted for most of the losses, with Radiant Capital experiencing the largest setback. The Top October Crypto Hacks The firm revealed that among the top five incidents in October...Read More
Bitcoin (BTC) recorded significant gains recently, but that does not mean the market is poised for a full bull run. On-chain patterns analyzed by CryptoQuant Quicktake author Woominkyu show that previous bull markets have kicked off while Bitcoin witnessed a decline in market share dominance. Unfortunately, the opposite is the case now. Diversifying Investor Capital...Read More
Stablecoin issuer Tether saw its profit reach a record $2.5 billion in the third quarter of the year, contributing to a nine-month profit total of $7.7 billion – an all-time high. As of September 30, 2024, the company reported $134.4 billion in consolidated assets and $14.2 billion in group equity, as per its Q3 2024...Read More
Donald Trump, former president of the United States and Republican nominee for the upcoming presidential elections, has renewed his vow to end his Democrat rival Kamala Harris’ war on crypto. The pledge was made in a tweet celebrating the 16th anniversary of the Bitcoin white paper, which was written by Satoshi Nakamoto, the pseudonymous network...Read More
In the latest jobs report before the 2024 US presidential elections, the world’s largest economy outlined warning data. The country added only 12,000 jobs in October, which is one-tenth of the expected 120,000 by economists. The reports on the matter blamed the weak data for October on the two recent hurricanes that hit a few...Read More
[PRESS RELEASE – USA, USA, November 1st, 2024] LUCE has recently emerged as a notable player in the cryptocurrency market. It has an interesting background as it relates to the Vatican’s announcement of an official mascot for the Holy Year of 2025. As the Vatican is at the heart of Catholicism, the mascot introduced by...Read More
The top holder of the popular meme coin HarryPotterObamaSonic10Inu, also known by its ticker “BITCOIN,” is alleged to have offloaded a massive 24 million tokens resulting in a 60% price crash. Blockchain tracker Lookonchain was the first to report the transaction, in which the anonymous holder exchanged 24 million units of the meme token for...Read More
With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels. Will the growing bearish influence in the crypto market result in a major crash...Read More
The US Securities and Exchange Commission (SEC) has issued a “Wells Notice” to Immutable, a blockchain gaming platform. It joins a list of prominent Web3 companies targeted by the agency’s regulation-by-enforcement approach. Following the news, the price of IMX token declined by more than 14% in the last 24 hours, falling below $1.40. Abrupt Wells...Read More
[PRESS RELEASE – London, United Kingdom, November 1st, 2024] CreationNetwork.ai, a groundbreaking digital platform, today announces its public launch, redefining digital engagement for businesses, content creators, and influencers. As an all-in-one solution for content creation, e-commerce, social media management, and digital marketing, CreationNetwork.ai combines 22+ proprietary AI-powered tools and 29+ platform integrations to deliver the...Read More
The United States Court of Appeal for the Second Circuit has ordered the U.S. Securities and Exchange Commission (SEC) to file its principal appeal brief against Ripple Labs before January 15, 2025. This comes after the agency requested a deadline extension until the said date. No More Delays Initially, the SEC missed its submission deadline...Read More
[PRESS RELEASE – Zug, Switzerland, October 31st, 2024] Chorus One, a leading provider of staking infrastructure for over 60 networks, today announced the launch of TON Pool, a new staking solution designed to simplify and optimize Toncoin staking for institutions and investors. With a focus on addressing the limitations of current staking models on the...Read More
[PRESS RELEASE – Warsaw, Poland, November 1st, 2024] Flipster, a global crypto derivatives exchange, has announced a collaboration with BNB Chain, a community-driven blockchain ecosystem, to offer fee-free withdrawals, aiming to democratize access to cryptocurrency trading. This collaboration builds on Flipster’s existing zero-fee trading model, aligning with both Flipster and BNB Chain’s shared mission to...Read More
