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Inferno Drainer says it’s shutting down after helping steal $70M in crypto
27.11.2023
“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer
Former Binance CEO CZ Seeks to Dismiss Government’s Motion Blocking His Return to UAE Before Sentencing
26.11.2023
Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk after he voluntarily appeared in court to plead...
JPMorgan: Spot Bitcoin ETFs Could Put ‘Severe Downward Pressure on Bitcoin Prices’
26.11.2023
Global investment bank JPMorgan has cautioned that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could “put severe downward pressure on bitcoin prices.” The bank’s analysts estimate that billions of dollars could...
Stablecoin Market Rebounds — $5.48 Billion Growth in 22 Days
25.11.2023
Over the last few weeks, the market value of leading stablecoins has experienced a notable increase. The economy of these fiat-pegged tokens expanded from $123.66 billion to the present $129.14 billion. This substantial growth of almost $6 billion comes after the stablecoin industry shed tens...
BRC20 Token ORDI Dips 10% in a Week After a 319% Monthly Surge, Nears Record High
25.11.2023
The price of the BRC20 token ordi (ORDI) slid more than 10% this week against the U.S. dollar after recording substantial gains over the three weeks prior. Despite the recent downturn, ORDI has risen over 300% during the last 30 days and it’s a touch over 25% away from surpassing...
Filmmaker Makes Millions After Risky Dogecoin Bet Pays Off — Faces Netflix Lawsuit
25.11.2023
A U.S. filmmaker reportedly made a profit of more than $20 million from a bet on the cryptocurrency dogecoin. Netflix accuses the filmmaker of using funds meant for the production of a TV series to place risky bets on a biotech company, the S&P 500, and dogecoin. Rinsch Lost $5.9 Million in...
Ethereum L2 Platform Blast Draws $400M in a Week Despite Invite-Only Access and Criticism
25.11.2023
This week, the crypto community is abuzz with discussions about Blast, a new Ethereum layer two (L2) platform. The project gained prominence after securing a notable $20 million in funding, spearheaded by Paradigm and Standard Crypto, among other investors. Developed by Pacman, the entrepreneur...
ECB Chief Christine Lagarde Reveals Her Son Invests in Crypto Despite Her Warnings — ‘He Ignored Me Royally’
24.11.2023
The president of the European Central Bank (ECB), Christine Lagarde, has reportedly revealed that her son invested in crypto despite her warnings. “He ignored me royally,” Lagarde shared, noting that after he lost 60% of the money he invested, she had another talk with him about crypto investing....
Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off
24.11.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit. That includes the government’s own BTC investments, which still appear to be underwater due to...
UAE’s Bitcoin Mining Firm Phoenix Group Secures $370 Million in Oversubscribed IPO
24.11.2023
The United Arab Emirates (UAE) is making its entry into the bitcoin mining sector. In a recent declaration by Phoenix Group PLC, a bitcoin mining enterprise, it was revealed that the company successfully garnered $370 million through an initial public offering (IPO) that was highly sought after...
Nansen Users Swamped With Phishing Emails After Data Leak
24.11.2023
Source: Pixabay Several users of the crypto analytics platform Nansen have reported receiving phishing emails from scammers after a data breach related to one of the firm’s third-party vendors. On Thursday, crypto investigator Officer’s Notes posted on X to warn Nansen users of the scam. “Users...
Bitcoin Price Reaches 18-Month High of $38,200 While Bitcoin ETF Token Surges Past $1.57m as FOMO Picks Up
24.11.2023
Friday, November 24, 2023 – The Bitcoin price smashed through $38,000 door after BlackRock met with the US Securities and Exchange Commission (SEC) to talk about its ETF application as the odds on approval rise and new cryptocurrency the Bitcoin ETF Token raises north of $1.5 million. The Bitcoin...
Solana Shows Remarkable Performance, But Attention Turns to a Rising Newcomer
24.11.2023
TLDR Solana surges 32% after Cathie Wood praises its technical capabilities. Investors continue pouring into Rebel Satoshi’s presale to reap massive returns. The bullish momentum that started in Q4 2023 has seen top altcoins like Solana (SOL) surge astronomically. However, this explosive growth...
Bitcoin Eyes $40K After Breaching $38K for First Time Since May 2022
24.11.2023
Bitcoin [BTC] has risen above $38,000 for the first time since May 2022 after battling this level for the past two weeks
Is Illuvium Going to Zero? ILV Price Suffers 6.2% Fall as Strange Mining Token Steals the Limelight
24.11.2023
Rising GameFi project Illuvium, the decentralized studio building the world’s first interoperable blockchain gaming universe, has seen a -6.2% retracement move for ILV price, and some worried bag-holders are now asking ‘is Illuvium going to zero?’. This comes following something...
FROGE Token Goes Viral After OpenAI Mention and This Other Crypto Might Be Next – Here’s Why
24.11.2023
In the latest twist, Froge token (FROGE) has exploded on DEX markets after being mentioned by OpenAI President Greg Brockman on Twitter, and with traders betting this ETF token will be next – lets dig in. Recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
HTX to Resume Limited Deposit Services Today and Launch a Site-Wide Airdrop Event
24.11.2023
Source: HTX HTX (formerly known as Huobi Global) announced that deposit services for major chains will be gradually resumed on their platform, beginning today, complemented by an airdrop event as a gesture of gratitude to its users. According to the announcement, HTX has completed the necessary...
Bitcoin Mining Pool F2pool Acknowledges OFAC Transaction Censorship; Backpedals After Community Backlash
24.11.2023
F2Pool, a Bitcoin mining pool, has admitted to filtering transactions coming from Bitcoin addresses flagged by the Office of Foreign Assets Control (OFAC). After the situation was discovered by 0xB10C, a Bitcoin developer, F2pool co-founder Chun Wang acknowledged that his pool was indeed applying...
HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit
23.11.2023
Source: iStock Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. In a Nov. 23 announcement on its official website, Huobi...
Richard Teng Takes Charge as Binance CEO Following Changpeng Zhao’s Exit
23.11.2023
After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms of trading volume. On Tuesday, Teng made his introduction to the public through social media platform X, assuring that under...