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Nalezeno "Q3 report": 5551

Uptober Begins: Bitcoin’s Rally Sparks $40K Hopes; Yet $20K Threat Lingers

3.10.2023
The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a popular cryptocurrency trader suggested that $40,000 could...

Bitcoin drives digital asset inflows for the first time in 6 weeks: Report

3.10.2023
But Solana was the only other major asset to show inflows for the week

Hong Kong's Crypto Advancements Could Boost East Asian Crypto Activity, Says Chainalysis Report

3.10.2023
A recent report from Chainalysis suggests that Hong Kong could play a significant role in reviving crypto activity in the East Asian region, which has faced challenges due to a China-wide ban on crypto trading activities since 2019.... Read More: Hong Kong's Crypto Advancements Could Boost East...

Report showcasing digital asset fund flow goes live

3.10.2023
A report has been published showcasing weekly crypto asset flows. Investment in digital assets has gone up to $21 million. This inflow has come for the first time in the last 6 weeks. Solana is shining with its 27th week of inflows. The previous week’s entry was around $5 million. It has, so...

South Korean Overseas Crypto Holding Figures 'May Be Inflated': Report

3.10.2023
The research division of the South Korean crypto exchange Korbit revealed that the amount of overseas digital assets reported by domestic corporations and individuals to the National Tax Service, “may be inflated.” The significant value of the reported amount is probably pumped up during...

Crypto Products Record $21 Million Inflows, Solana Leads Altcoin Resurgence

3.10.2023
Digital asset products recorded inflows of $21 million for the first time after six consecutive weeks of outflows. An Oct. 2 market report released by CoinShares show a change in the tide in crypto investment products amid the bear market that continues to wear down asset prices, miner profits...

Report: Victims of South African BTC Scam Set to Receive Portion of Invested Funds

3.10.2023
Some investors who invested in the South African bitcoin pyramid scheme MTI are set to receive part of their money back once a court rules on how liquidators are supposed to handle claims. Liquidators expect to make more than one payout to affected investors while the process itself is expected...

Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

3.10.2023
An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management

Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged

2.10.2023
Silvergate Bank transformed from a community lender to a high-flying crypto bank without its Federal Reserve examiners raising an alarm, according to a report from the Federal Reserve’s Office of Inspector General (OIG), allowing the bank to take risks that would turn fatal

Biggest Movers: BCH Races to 2-Month High, SOL Nears $25

2.10.2023
Bitcoin cash rose to a multi-month high to start the week, as traders pushed the cryptocurrency above a key resistance level. The move came on the heels of the “Uptober” trend, and ahead of a big week of U.S. economic data, headlined by the nonfarm payrolls report. Solana rose to...

September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report

2.10.2023
On September 30, CertiK confirmed that a total of approximately $332 million had been lost to various exploits, hacks, and scams throughout September.... Read More: September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report

Q3 2023 crowned most ‘damaging’ quarter for crypto amid $700M losses: Report

2.10.2023
Private keys getting compromised took over $204 million across 14 security incidents in the third quarter of 2023

Microsoft to form nuclear power team to support AI: Report

1.10.2023
Microsoft is forming a new team of professionals to advance its artificial intelligence plans with Small Modular Reactors and microreactors

Report: Hacked Nigerian Crypto Exchange Raises Capital for User Reimbursements

1.10.2023
The recently hacked Nigerian gift card and crypto exchange platform Patricia said on Sept. 29 that it had raised money to refund users. Some users have reportedly grown impatient with the crypto exchange and are weighing their legal options. Unilateral Conversion of Users’ Funds The Nigeria...