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Polymarket Bettors Place Their Wagers: Will HBO Reveal Satoshi Nakamoto?
4.10.2024
After the announcement that Satoshi Nakamoto’s true identity could be unmasked next week in an HBO documentary, Polymarket bettors are buzzing with excitement, speculating who it might be. On Friday, with $190,533 wagered, Len Sassaman emerged as the frontrunner, holding a 49% likelihood....
Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
4.10.2024
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...
Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively
4.10.2024
The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot...
Crypto phishing scams drained $46M in September
4.10.2024
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million
Cryptocurrency and Anti-Money Laundering (AML) Compliance in 2024
4.10.2024
Cryptocurrency has revolutionized the financial sector, providing a decentralized and borderless means of transferring value. However, with its rapid adoption, […]
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Spot Bitcoin ETFs Register Net Outflow of $54.13M on October 3, 2024, ET
4.10.2024
Spot Bitcoin ETF continues its outflow streak on October 3, 2024 (Eastern Time). Issuers saw funds worth $54.2…
PeiPei, Bonk, and Bitgert Coins: Will Bitgert’s News Boost Community-Driven Coins?
4.10.2024
The crypto market has always been community-driven to some extent. That is why tokens like Bitgert’s $BRISE coin,…
Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
4.10.2024
Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable...
Nubank Lowers Cryptocurrency Trading Fees
4.10.2024
Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin...
Daily Crypto Update: Market Shows Fear as Cryptos Lose Value
4.10.2024
The crypto industry started on a bearish note in October and continues the pattern. The Fear and Greed…
Russia-Based Evil Corp Faces New US Sanctions
4.10.2024
The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer ransomware. This move highlights international efforts...
DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist
4.10.2024
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts...
JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum
4.10.2024
Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail...
Ripple Boosts Cross-Border Transactions in Brazil With New Payment Solution
4.10.2024
Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury...
Bukele Advises Argentine Vice President on Bitcoin and Volcano Bonds
4.10.2024
During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation’s vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. While the meeting was private, a video released before the meeting shows Villarruel asking Bukele about the first...
BRICS Unified Exchange to Leverage Blockchain and Virtual Currency for Settlements
3.10.2024
Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be the key to the economic sovereignty and independence of our countries,”...
HBO Documentary Claims to Reveal the True Identity of Bitcoin’s Creator Satoshi Nakamoto
3.10.2024
According to a Politico report, a new HBO documentary claims to have cracked the mystery behind Bitcoin’s elusive creator, Satoshi Nakamoto. If this revelation gains traction, Politico’s Izabella Kaminska stated it could send ripples through global financial markets. Kaminska further...
Analysis Reveals Possible 51% Attacks by Satoshi on Bitcoin in Early 2009
3.10.2024
A social media post by an X account named “Wicked” presents claims that Satoshi Nakamoto may have conducted 51% attacks on the Bitcoin blockchain in May 2009. Wicked speculated that Satoshi likely tested these attacks early on to understand their potential impact on the network....
Kraken launches derivatives trading in Bermuda with BMA license
3.10.2024
The crypto exchange is expanding its offerings in Bermuda as the US SEC goes after it on its home turf
Transak secures Alabama license, expands US crypto services
3.10.2024
The Alabama Money Transmitter License marks a major milestone in Transak’s US growth as it works toward full state-level coverage