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Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App
29.10.2023
Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password manager to consider removing their keys...
Vaneck Charts the Course of Solana’s Future With 2030 Valuation Study
29.10.2023
Vaneck, a leading digital asset manager, has recently unveiled a study on the network Solana, providing a wide spectrum of SOL valuation scenarios for the year 2030. Authored by Patrick Bush, the senior investment analyst, of digital assets, and Matthew Sigel, the head of digital assets research...
Terra Luna Classic Price Prediction as LUNC Jumps 12% in 7 Days – Is the Sell Off Over?
29.10.2023
Terra Classic, colloquially known as LUNC, is currently trading at an impressive $0.000065. In the past 24 hours, this cryptocurrency has witnessed a slight dip of 0.25%, but has surged over 12% in the last 7 days underscoring. According to CoinMarketCap, Terra Classic has secured its position...
As Gold and BTC Rise Key US Equities Index Now Down By Over 10% from July 31 Peak
29.10.2023
The key U.S. equities index the S&P 500 has now declined by just over 10% from its July 31 peak on fears that the U.S. economy is headed for a recession. One expert characterized the index’s drop as the first correction since the market bottomed in the fourth quarter of 2022....
Bitcoin Ordinal Inscriptions Defy Downturn, Embark on Resurgence as Daily Counts Soar
29.10.2023
Over the weekend, the cumulative count of Ordinal inscriptions briskly surpassed the 36 million milestone, signaling a departure from the month-long downturn in daily onchain inscription issuances. While the staggering peaks of early September still remain unreached, a discernible resurgence...
Blackrock / BTC Price Speculation, Musk Wants ‘Comprehensive Deregulation,’ Kiyosaki Not Trying to Be Warren Buffet — Week in Review
29.10.2023
As speculation continues about a possible Blackrock spot bitcoin exchange-traded fund (ETF) approval, Elon Musk calls for “comprehensive deregulation” amidst United States Securities and Exchange Commission (SEC) regulatory turmoil, and Rich Dad Poor Dad author Robert Kiyosaki describes...
Anthropic’s $2 Billion Deal With Google Brings Hope to FTX Creditors
29.10.2023
A few weeks back, a coalition of creditors from FTX, known as the “FTX 2.0 Coalition,” shed light on how the defunct exchange’s vested interest in Anthropic could significantly enhance their compensation. Now, Anthropic has successfully secured $2 billion in funding from Google....
Trading Slump Wiped $12 Billion From Binance Founder’s Fortune, Bloomberg Says
29.10.2023
Binance founder and CEO Changpeng Zhao (CZ) has reportedly lost nearly $12 billion from his wealth amid declining crypto trading volumes this year. According to Bloomberg’s estimates, the world’s largest trading platform for digital assets has seen a 38% decrease in revenues. Bloomberg Estimates...
SEC Wants $770 Million From Ripple — Lawyer Says SEC Is ‘Pissed and Embarrassed’
29.10.2023
The U.S. Securities and Exchange Commission (SEC) reportedly wants Ripple to pay a $770 million penalty for violating securities laws. Crypto lawyer John Deaton explained that the securities regulator is “pissed and embarrassed” after it lost several legal battles against the crypto...
Mark Cuban Explains What Crypto’s Really About — Says It’s Missing Application ‘Grandma Really Wants to Use’
29.10.2023
Mark Cuban, a Shark Tank investor and the owner of the NBA team Dallas Mavericks, has shared what he thinks crypto is really about. “Crypto is still waiting for its Instagram moment,” the billionaire said, noting that “What crypto is missing is that one application that grandma...
Sky-High Surges to Staggering Losses — Unpacking the Crypto Market’s 300-Day Journey
28.10.2023
Year-to-date, the dynamic landscape of crypto data reveals a 106% surge in bitcoin (BTC) value against the U.S. dollar. However, it’s noteworthy that it does not clinch the title of the top performer in this period. A closer look at the metrics since the dawn of the year illuminates...
From Airbnb to Bahamas Elite — Bankman-Fried Testifies About FTX’s Operations and Alameda
28.10.2023
Sam Bankman-Fried took the stand in his fraud trial on Friday, October 27, 2023, and was questioned by his lawyer about the operations of FTX and its relationship with affiliated crypto trading firm Alameda Research. Sam Bankman-Fried’s Trial Testimony Day 2 On Friday, Sam Bankman-Fried...
FDUSD’s Meteoric Rise: 62% Surge in Supply and 6th Highest Trading Volume Globally
28.10.2023
In the span of the past 85 days, the recently introduced stablecoin known as FDUSD has witnessed a significant surge in its circulating supply, soaring by 62% since the commencement of August. This surge in supply has propelled FDUSD into the echelons of the top ten stablecoins by market...
Bitcoin Miners Brace for 4th Consecutive Difficulty Surge Amidst Hashrate Surge
28.10.2023
Despite facing a formidable difficulty level of 61.03 trillion, bitcoin miners are gearing up for their fourth consecutive difficulty rise set to unfold on October 30, 2023. Surprisingly, the previous three surges in difficulty failed to thwart Bitcoin’s hashrate, which soared to an all-time...
Biggest Movers: LINK Nears 18-Month High on Saturday, as Bulls Extend Momentum
28.10.2023
Chainlink moved towards an 18-month high to start the weekend, following a second day of bullish momentum. The cryptocurrency rose by as much as 7% in today’s session, despite the global market cap mostly consolidating on Saturday. Cardano also rallied, nearing a multi-month high of its own....
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From Recent Declines to Start the Weekend
28.10.2023
Bitcoin started the weekend tracking around the $34,000 level, as prices rebounded following a two-day winless run. The cryptocurrency has begun to consolidate in recent days, following strong gains earlier in the week. Ethereum moved back closer to the $1,800 level. Bitcoin Bitcoin rose back above...
South Koreans Fascinated With Altcoins More Than Americans, Research Shows
28.10.2023
South Korean crypto traders are more inclined to invest in high-risk, high-reward altcoins than their American counterparts, according to a new report. The share of major cryptocurrencies like bitcoin and ethereum in the trading volumes on the largest Korean exchange is much smaller than the...
Bitcoin Price Prediction as Israel Ground Operation in Gaza Jolts Global Markets – Where is BTC Heading Next?
28.10.2023
Amidst the tumult of global markets reacting to the Israel-Hamas conflict, Bitcoin stands resilient. As of Saturday, the premier cryptocurrency is trading at $34,126, marking a modest increase of nearly 0.10%. This stability in the face of geopolitical unrest emphasizes Bitcoin’s growing role...
SEC Commissioner Hester Peirce Challenges SEC’s Actions in LBRY Case
28.10.2023
Hester Peirce , a commissioner at the Securities and Exchange Commission (SEC), has expressed her strong disapproval of the agency’s handling of charges against cryptocurrency startup LBRY. In a statement released on Friday, Peirce, known for her favorable stance towards the crypto industry...
State Channels ‘Significantly Reduce Congestion and Transaction Fees,’ Ideal for Decentralized Exchanges — Louis Bellet
28.10.2023
According to Louis Bellet, the founder of the Layer-3 peer-to-peer protocol Yellow Network, crypto trading has not scaled largely because it remains unregulated in many places which in turn “greatly slows down its growth and produces tons of scams.” In contrast, traditional finance...