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Fiat Losses From Security Incidents on BNB Smart Chain 37% Lower in Q3 of 2023 — Study
8.11.2023
The financial losses stemming from security incidents on the BNB Smart Chain in Q3 2023 were 27% lower than in Q3 2022. When compared to security incidents on other chains, rug pulls, price and reserve manipulation events on BSC accounted for “4% of the total fiat losses across all chains...
Final Fantasy Publisher Square Enix Reveals How to Obtain NFTs for Upcoming Game Symbiogenesis
8.11.2023
Source: Symbiogenesis / Twitter The Japanese gaming giant Square Enix has shared how players can get characters for its upcoming non-fungible token (NFT) game Symbiogenesis. Ethereum and Polygon NFT game Symbiogenesis is nearing its December launch. Therefore, the Final Fantasy series creator...
Bishop Token Is Up 25x on DEXTools as New Bitcoin ETF Project Goes Viral – What Does it Do?
8.11.2023
As DEX markets remained supercharged following the Uptober rally, Bishop token (BISHOP) has undertaken a sensational 25x moon-shot rally, following a stealth launch on November 7, but could this new Bitcoin ETF project be a better alternative? Recent weeks have seen a huge trend in explosive...
Ethereum Price Prediction as $2,000 Level Comes into Play – Best Time to Buy?
8.11.2023
The Ethereum price has risen to $1,885 today, marking a 1% gain in 24 hours and a 4.6% increase in the past week. ETH’s trajectory has been upwards for several weeks now, with the altcoin also up by 18% in the last 30 days, helped by increasing market-wide bullishness. Yet as the market moves...
Ripple Collaborates to Power Payments Corridors Between Africa and Rest of the World
8.11.2023
Source: Adobe Crypto payments giant Ripple has partnered with fintech Onafriq for cross-border payments between Africa and the rest of the world. The deal would facilitate crypto-enabled cross-border payments between 27 African countries and markets including the UK, Australia, and the Gulf....
Expobank Issues First Tokenized Diamond Offering in Russia
8.11.2023
Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them having the value of 1/5,000 of a diamond...
Cryptocurrency Confiscation on the Rise: Impact of IRS’s Surveillance Plans
8.11.2023
Source: AdobeStock / Vitalii Vodolazskyi As the Internal Revenue Service (IRS) moves forward with its plans to enhance surveillance of cryptocurrency transactions, some worry that it might lead to a surge in crypto confiscations. A 2022 report published by the Department of Justice (DOJ)...
Jamf Spots New MacOS Crypto Malware Attributed to North Korea’s Lazarus BlueNoroff Group
8.11.2023
Source: Pixabay BlueNoroff, the notorious hackers’ group with links to North Korea’s Lazarus, has debuted a fresh MacOS malware targeting financial institutions. Uncovered by researchers from the Apple device management firm – Jamf, the perpetrators have been hiding behind...
Solana Price Prediction as SOL Approaches $50 – Here are Key Levels to Watch Next
8.11.2023
The Solana price has gained by 5.5% in the past 24 hours, rising to $43.31 as the cryptocurrency market as a whole moves by only 0.5%. SOL is now up by 12% in a week and by a whopping 89% in the last 30 days, making it comfortably the best-performing top-100 coin over this period. […]
The...
Robinhood to Launch Crypto Trading Services in EU in the “Coming Weeks”
8.11.2023
Source: AdobeStock / Rafael Henrique Robinhood has revealed plans to introduce cryptocurrency trading services in the European Union (EU) in the near future. Vlad Tenev, CEO and co-founder of the popular brokerage firm, made the announcement during the company’s third-quarter earnings report....
End of Line for BSV on Coinbase, Exchange to Delist Crypto in January 2024
8.11.2023
Coinbase has announced it will be removing bitcoinsv (BSV) from its platform, having informed its clientele through an email notification. BSV, which was created following a hard fork from the Bitcoin Cash protocol on November 15, 2018, will no longer be hosted on Coinbase’s services after...
SEBA Bank’s Hong Kong Branch Secures Full License for Crypto Services from SFC
8.11.2023
Source: SEBA Bank The Swiss crypto bank SEBA has announced that its wholly owned subsidiary SEBA Hong Kong has received a full license from the city’s Securities and Futures Commission (SFC). This regulatory approval enables the bank to engage in a wide range of financial activities, including...
Binance Unveils Web3 Wallet to Promote “Self Sovereign Finance”
8.11.2023
Source: Adobe Digital asset exchange Binance has rolled out a web3 wallet to offer a simplified gateway to self-custody for its users. The company announced the wallet’s launch at the Binance Blockchain Week Conference in Istanbul highlighting that it can be integrated across 30 blockchain networks...
Crypto ATM Expansion Continues with Bitgamo Set to Install 90 More in 2024
8.11.2023
Source: AdobeStock / l_martinez Crypto ATMs are continuing to expand globally with over 32,500 installed so far, Financial Times reported. Crypto ATMs allow everyday individuals to convert traditional fiat money into cryptocurrencies and vice versa, offering a level of convenience akin to standard...
Bitcoin Price Prediction: Custodia’s New Move, CFTC & Crypto Oversight
8.11.2023
In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long,...
Hong Kong Considers Allowing Trading of Spot Crypto ETFs
8.11.2023
Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, stated that the focus of the organization’s...
USDC Stablecoin Issuer Circle Contemplates Potential IPO for 2024
8.11.2023
Source: Circle Internet Circle Internet, the issuer of USD Coin stablecoin, is eyeing a potential initial public offering (IPO) in early 2024, according to Bloomberg. The company is currently in discussions with advisors to weigh the feasibility and timing of such a move to the public markets,...
Famous Economist and Crypto Hater Nouriel Roubini Launches His Own Cryptocurrency
8.11.2023
Source: X / @Nouriel Famous economist Nouriel Roubini, who once said 99% of crypto is a scam, has now launched his own crypto project. Also known as “Dr.Doom” for his pessimistic predictions, Roubin has co-founded a cryptocurrency project called “Atlas”. The project is being advertised as some...
Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin
8.11.2023
Image Source: Wintermute Crypto market maker Wintermute is considering legal action after the NEAR Foundation and Aurora allegedly failed to honor an agreement to convert $11.2 million worth of USN stablecoins. In a recent post on X (formerly Twitter), Wintermute CEO Evgeny Gaevoy accused NEAR...
Oracle Employee Allegedly Involved in $54 Million Crypto Laundering Scheme
8.11.2023
Source: Pexels An Oracle employee with a unique nighttime persona as a party entertainer is now under investigation for his alleged involvement in a $54 million crypto money laundering scheme. Brian Krewson, who goes by the alias “Mr. Poto” during his party entertainer gig, has not been...