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Bitcoin Price Spikes Following Fake BlackRock ETF Announcement: $100 Million Liquidated
16.10.2023
Today, Bitcoin's price experienced a swift rise from $27,900 to $30,000 following a false announcement regarding BlackRock's Bitcoin spot ETF approval.
The misleading information, originally shared on social platform X, led to a flurry of trading activity resulting in about $100 million...
Minecraft Still The Best-Selling Video Game Of All Time (It's Not Even Close)
16.10.2023
Announced during Minecraft Live 2023, Mojang’s massively popular survival crafting game has now sold over 300 million copies worldwide since its initial release in 2009. Read more
FTX Estate Stakes $122 Million Worth of Solana: On-Chain Report
16.10.2023
The FTX bankruptcy estate has staked over 5.5 million Solana (SOL) tokens, valued at a substantial $122 million, from one of the exchange’s main Solana blockchain wallets.
The action was revealed through on-chain data from blockchain explorer SolanaFM and was first reported by The Block.
One...
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
16.10.2023
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...
Hong Kong's OSL Crypto Exchange Explores Sale at $128 Million Valuation
16.10.2023
Hong Kong-based BC Technology Group Ltd. is reportedly in the early stages of considering the sale of its crypto exchange platform OSL.
OSL is one of only two exchanges in Hong Kong licensed under the digital-asset rules introduced by the city in June.
As per the Bloomberg report, BC Technology...
As REFUND Token Shoots Up 1,000%, This Overlooked Bitcoin Project Has Locked In $1.5 Million – Next 100x Coin?
16.10.2023
As on-chain moves spring back into life, the latest stealth-launched token to skyrocket is Refund token (REFUND) - which has undertaken a skyrocket +1,000% move.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including DEE, APX, MEGA...
Is It Too Late to Buy Rollbit Coin? RLB Price Rallies 10% as New Crypto Casino Project Secures $1 Million Fundraising
16.10.2023
Despite a volatile October - that has seen the rise of Telegram bots, leading GambleFi token Rollbit (RLB) is poised to explode following a +10% rally, leaving some side-lined investors asking 'is it too late to buy Rollbit'?
This comes as the Rollbit platform is invigorated by an ongoing...
Binance Completes 25th Quarterly BNB Burn, Removing $453 Million in Value
16.10.2023
One of the world's largest cryptocurrency exchanges, Binance, has successfully completed its 25th quarterly BNB token burn, reducing the supply of its native cryptocurrency, Binance Coin (BNB).
In this latest burn, a total of 2,139,182 BNB tokens were removed from circulation, translating to...
The 12-Year Evolution of Litecoin and Its Most Influential Wallets
16.10.2023
This month Bitcoin.com News delved into the top ten XRP wallets, having scrutinized the leading bitcoin, ethereum, and tether addresses the month prior. Next on the radar? An exploration of the top ten litecoin (LTC) wallets, standing out from 7.14 million distinct LTC-holding addresses. Often...
FTX Estate Stakes 5.5 Million SOL; Millions Locked Until 2028
14.10.2023
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value of FTX’s total solana assets is a hefty...
China Opens Digital Yuan Park in Shenzhen
14.10.2023
Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to boost the digital yuan use in the region. Shenzhen...
Is It Too Late to Buy THORChain? RUNE Price Spikes Up 12% as Telegram Crypto Casino Project Approaches $1 Million – How to Buy Early?
13.10.2023
Following a dramatic trading pause on ThorSwap, native token Thorchain ($RUNE) has exploded +12%, this comes amid heightened efforts across the crypto industry to tighten security around illicit funds following the break-out of major violence between Hamas and Israel.
Trading has resumed following...
Worldcoin Unveils Enhanced State Bridge; Registers 2.35M Users as WLD Market Dynamics Shift
13.10.2023
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual Machine (EVM) compatible. Data further shows that...
As MEGA Token Jumps 200%, This Untapped Crypto Has Amassed $1.2 Million – 100x Potential?
13.10.2023
Make Ethereum Great Again (MEGA) token has exploded +200% in an overnight skyrocket that has shocked crypto markets.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including DEE, APX, FTX, Blinky, DRS and SNOR.
Market interest...
Blockchain Gaming Records $600 Million Inflows, Down 38% from Last Quarter: Here’s More
13.10.2023
Blockchain gaming numbers were affected by the wider bear market leading many observers to criticize the existing models and the utility of most projects.
The total sector recorded a total investment of $600 million in Q3 2023, raising total investor figures this year to $2.3 billion, crypto...
Jack Dorsey Contributes $1M to Kickstart Guaranteed Basic Income Pilot in St. Louis
13.10.2023
Jack Dorsey, co-founder of Twitter and current CEO of Square Inc., is contributing $1 million to support the launch of a pilot program for guaranteed basic income in his hometown of St. Louis, Missouri. According to the city, applicants will be selected on a first come, first serve basis “for...
Republik's $6 Million Funding Boosts Valuation to $75 Million in Web3 Quest – Crypto Funding Making a Comeback?
12.10.2023
Web3 social media startup Republik has announced the successful closure of its $6 million seed funding round, bringing its valuation to $75 million.
The investment round saw participation from several predominantly Asian venture investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures...
Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through Russian Crime Networks
12.10.2023
Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds, shedding light on...
Court Approves Genesis and FTX $175 Million Settlement Deal Despite Outrage from Creditors
12.10.2023
A United States court has approved the settlement terms of bankrupt digital asset lender, Genesis and FTX's sister company, Alameda Research.
A Court filing on Oct 11 shows judicial accent cloaked the agreement which was entered by both companies in the course of the bankruptcy...
Court approves Genesis settlement of $175M to FTX, expunges billions in claims
12.10.2023
Genesis previously reportedly said that the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it