December 11, 2024

New Crypto Scam Uses Fake Influencer Accounts to Lure Victims Into Telegram Malware Trap

A new wave of crypto scams has emerged, with attackers using fake X accounts to impersonate popular influencers and lure unsuspecting users into fraudulent Telegram groups. Users are then manipulated into installing malware that compromises crypto wallet data. Scammers Moving Beyond Simple Phishing Scams According to blockchain security firm Scam Sniffer, the scammers comment on legitimate...
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Circle and Binance Partner to Drive Global USDC Adoption and Battle USDT

On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase. The collaboration comes as stablecoins gain traction in mainstream finance and competitors seek to challenge the dominance of market leader Tether. The Alliance Details about revenue sharing in this arrangement remain...
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WhiteBIT Becomes First Exchange to Achieve the Highest Level Cryptocurrency Security Standard

[PRESS RELEASE – VILNIUS, Lithuania, December 11th, 2024] WhiteBIT has reached a significant milestone by becoming the first cryptocurrency exchange globally to obtain Level 3 certification under the Cryptocurrency Security Standard (CCSS). Developed by the CryptoCurrency Certification Consortium (C4), this certification represents a new benchmark in cryptocurrency platform security. This accomplishment places WhiteBIT among the...
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Raydium Surpasses Uniswap to Claim Top Spot in Monthly DEX Volume: Messari

In October, Raydium made history by becoming the number one DEX by volume across all chains, a milestone it quickly built on in November. According to Messari’s latest report, Raydium surged ahead of Uniswap in monthly DEX volumes by a striking 30%, achieving $124.6 billion compared to Uniswap’s $90.5 billion. Raydium Leaves Uniswap Behind Raydium...
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$46 Million in XRP Leaves Binance, Buy Signal or What?

XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet....
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What Does MDIA Tell Us About XRP, DOGE, and BTC’s Upcoming Trends?

After a turbulent correction, the cryptocurrency market has found some calm, with prices stabilizing. Meanwhile, the Mean Dollar Invested Age is quietly pointing to heightened network activity, often seen as a precursor to extended bullish trends. Despite a market-wide retracement this week, the Mean Dollar Invested Age (MDIA) – an often-overlooked crypto metric – signals...
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Backpack Exchange and Wallet to Integrate Sui

[PRESS RELEASE – Grand Cayman, Cayman Islands, December 11th, 2024] Backpack integrates Sui, delivering unmatched speed and scalability to a global audience. Backpack, a leading exchange and wallet known for its seamless user experience and versatility across multiple asset classes, will integrate with Sui, the Layer 1 blockchain delivering unparalleled scalability and speed. Backpack Exchange...
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Parex Network Advances Ecosystem Accessibility Through Verification and Integration

[PRESS RELEASE – Tokyo, Japan, December 11th, 2024] Introduction Parex Network, as a Layer 1 blockchain, continues to take significant steps toward making user-friendly Web3 experiences accessible to a broader audience. Recent developments have enhanced the network’s visibility, reliability, and overall usability, thereby contributing to the growth of the Parex ecosystem.  CMC Verification: Enhancing Transparency...
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Ray Dalio Says to Invest in BTC and Gold, Not Debt Assets: Report

Ray Dalio, an American investor and founder of the world’s largest hedge fund, Bridgewater Associates, says he is investing in bitcoin (BTC) and gold rather than debt assets. The billionaire, who now serves as Bridgewater Associates’ investment chief, is more interested in the precious metal and cryptocurrency because they are “hard money.” On the other...
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Charity Investment Fund (CHIF) Fair Launch is Coming

[PRESS RELEASE – Amsterdam, Netherlands, December 11th, 2024] Charity Investment Fund (CHIF), a blockchain platform driven by the desire to help charitable organisations, is poised to launch fairly to the crypto community soon. This blockchain-powered Fund aims to change the traditional donation paradigm by bridging the gap between investing and donating. Charity Investment Fund makes...
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2025: The Golden Age of Crypto? Bitwise Shares Optimistic Outlook for BTC, ETH, SOL

Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin to...
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Why Bitcoin is Stuck Within $96K to $100K Range—Will the Christmas Rally Kick-Off or a Bearish Yearly Close be Imminent?

In the last couple of days, the crypto markets have been plunged hard, which has caused a panic situation among the market participants who foresee an end of the bull run. The milestone of $100K for Bitcoin was the selling point for most of the traders, which offered strong momentum to the other altcoins like...
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DNA and Chintai Partner to Launch DNA Deal Desk, A Fully On-Chain Investment Platform

[PRESS RELEASE – British Virgin Islands, British Virgin Islands, December 10th, 2024] Chintai is proud to announce the launch of DNA Deal Desk, an exclusive investment platform developed by DNA Holdings Venture Inc (DNA) on Chintai’s Layer 1 blockchain. The platform connects high-networth individuals with a carefully selected lineup of top web3, AI, and crypto...
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Toncoin (TON) Wallet Profitability Dips as Market Volatility Increases

Building on a strong November, Toncoin (TON) extended its bullish run this week. But the rally has faced significant resistance as investors turned to caution. As a result, Toncoin has witnessed a sharp decline in wallet profitability, with only 65% of addresses now in profit – a stark drop from the 90% peak recorded just...
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Now Live: MEUSDT Perpetual Swap Listings With Up to 50x Leverage

A new perp listing for ME – the Magic Eden token – MEUSDT – is now available to trade on BitMEX, with up to 50x leverage. Trading started here at 04:00 UTC on 11 Dec 2024. A Pre-Launch Futures contract for the same token – MEUSDTZ25 – is also available to trade here.  If you...
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Bitcoin (BTC) $ 100,110.82 0.03%
Ethereum (ETH) $ 3,933.14 1.51%
XRP (XRP) $ 2.44 4.20%
Tether (USDT) $ 1.00 0.02%
Solana (SOL) $ 230.87 2.57%
BNB (BNB) $ 733.55 1.07%
Dogecoin (DOGE) $ 0.445786 3.46%
USDC (USDC) $ 1.00 0.25%
Cardano (ADA) $ 1.14 5.29%
Lido Staked Ether (STETH) $ 3,930.61 1.46%