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Report: Here’s How Hamas Received Money from Iran Using Crypto
13.11.2023
Source: Adobe / Robert In a bid to circumvent traditional financial oversight, Hamas has increasingly turned to crypto for fund transfers, according to a new Wall Street Journal report. The move by Hamas to turn to crypto followed an air strike by Israel in mid-2019 that targeted a Hamas commander...
Bitcoin Price Prediction as Bulls Try to Hold $37,000 Support – Here are Key BTC Levels to Watch
13.11.2023
Weekly Bitcoin (BTC) Chart / Source: TradingView The Bitcoin (BTC) price, last trading in the $36,700s, continues to take a breather after breaking out to fresh yearly highs near $38,000 last week, as investors book profits ahead of the release of US Consumer Price Index (CPI) on Tuesday. Risk...
Hackers Loot $60 Million From Ethereum Wallets With Create2 Code
13.11.2023
Source: Pixabay Hackers stole more than $60 million worth of crypto in six months from Ethereum wallets with Create2, according to on-chain sleuth ScamSniffer. On Sunday, X user ScamSniffer claimed that the hackers were taking advantage of Create2’s capability to pre-calculate contract...
Spanish Regulators Crack Down on Crypto Ad Violations, Hint at Probing X
13.11.2023
Source: Pixabay Spain’s securities market regulatory body said it had begun investigating its inaugural case pertaining to a potential violation of regulations governing large-scale advertising campaigns for crypto assets. The National Securities Market Commission (CNMV) announced on Wednesday last...
Crypto Exchange Bitget to Cease Operations in Hong Kong – What’s Going On?
13.11.2023
Source: AdobeStock / Rafael Henrique Digital asset exchange Bitget has announced its planned exit from the Hong Kong market on December 13, 2023, citing certain business concerns. In a Nov 13 press release, the company revealed its plans to exit the Hong Kong market within a month as its local...
Today in Crypto: Bakkt Reveals International and Domestic Expansion, Justin Sun Offers 5% Bounty, Metaverse Platform ZEP to Build on Near
13.11.2023
Source: AdobeStock / Ascannio Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Digital asset marketplace Bakkt Holdings announced international and domestic expansion. Per the press...
Bitcoin Miners’ Daily Profits Top $44 Million, Reaches Highest Point Since April 2022
13.11.2023
Source: AdobeStock / Photocreo Bednarek The cryptocurrency market has recorded soaring prices in recent weeks sparking wins spanning across miners’ profits, decentralized finance (DeFi) numbers, and larger investor appetite. Global Bitcoin (BTC) miners have seen mining profits soar to new highs...
XRP Price Prediction as $1 Level Approaches – Can XRP 10x From Here?
13.11.2023
Source: Dall•E 3 The XRP price has dropped by 2% in the past 24 hours, with the altcoin losing ground today after a bullish couple of weeks. At $0.652310, XRP has also fallen by 6% in the past week, yet it remains up by 17% in a fortnight and by 35% in the last 30 […]
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Grayscale Bitcoin Trust Discount Shrinks to 10.35% as ETF Hype Persists
13.11.2023
Source: Adobe/Ascannio The hype surrounding ETFs has helped narrow the discount on the Grayscale Bitcoin Trust (GBTC) to its lowest levels since July 2021. According to data from YCharts, the discount on GBTC compared to its net asset value currently stands at 10.35%, marking a significant...
Ripple CEO Brad Garlinghouse Criticizes SEC for Losing Focus on Investor Protection
13.11.2023
Ripple CEO Brad Garlinghouse. Source: a video screenshot, Ripple / YouTube Brad Garlinghouse, CEO of the US-based blockchain payments firm Ripple, has expressed strong criticism of the US Securities and Exchange Commission (SEC), accusing the agency of deviating from its core mission to protect...
Shiba Inu Price Prediction as SHIB Falls 2% in 24 Hours – Time to Buy the Dip?
13.11.2023
Source: Dall•E 3 The Shiba Inu price has slipped by 1% today, falling to $0.00000892 as the cryptocurrency market as a whole has a very quiet 24 hours. SHIB is now up by 9% in the past week and by 28% in the last 30 days, with such momentum likely to carry the meme token […]
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48 Countries Join Forces to Combat Crypto Tax Evasion Starting in 2027
13.11.2023
Source: AdobeStock / Nuthawut Forty-eight countries across six continents have committed to a new tax transparency standard starting in 2027 to fight crypto-related tax evasion. Countries – including Ireland, Austria, France, Germany, Italy, Croatia, Japan, South Korea, the US, and Canada...
Solana Price Prediction as SOL Gains 150% in 30 Days – Time for a Pullback?
13.11.2023
Source: Dall•E 3 The Solana price has dipped by 1% in the past 24 hours, with its fall to $58.69 paring down some of the huge gains the altcoin has made in the past few weeks. Yet despite today’s slip, SOL remains up by a market-leading 46% in a week and by a whopping 165% […]
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Former FTX Executives Collaborate on New Dubai-Based Crypto Exchange – Here’s the Latest
13.11.2023
Image Source: Pixabay A group of former FTX executives have joined forces to establish a new crypto trading platform based in Dubai. Led by Can Sun, the former general counsel of FTX, the startup is called Trek Labs and received a license from Dubai’s crypto regulator last month, according...
Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market
13.11.2023
Source: Timon/Adobe Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to reports from local news outlet Edaily, the exchange has made concrete plans including hiring staff...
Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report
13.11.2023
Source: Adobe According to the November 6 report by blockchain analytics firm 0xScope, Binance has maintained its position as the top centralized exchange, with a significant market share; however, its dominance has weakened over the past year, with a continuous decrease in trading volume...
Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud
13.11.2023
Source: iStock / welcomia An unidentified hacking group has purportedly claimed responsibility for a significant security breach targeting Coin Cloud, a Bitcoin ATM operator that once boasted over 4,000 machines in the U.S. and Brazil before filing for bankruptcy in February 2023. The group asserts...
THORChain’s 7-Day Trading Volume Hits $1.32 Billion, Third to Uniswap and PancakeSwap
13.11.2023
Source / Sam Cooling THORChain, a decentralized crypto trading protocol capable of cross-chain swaps, has become the third-largest decentralized exchange (DEX) in terms of trading volume over the past seven days. Over the past week, THORChain recorded a trading volume of $1.32 billion, third...
Indian Supreme Court Dismisses Plea Seeking Crypto Trading Regulations
13.11.2023
Source: Pexels The Indian Supreme Court on Friday declined to entertain a petition seeking to establish guidelines on crypto regulations. Cryptocurrencies, decentralized digital or virtual currencies operating independently of a central bank, have faced ongoing discussions regarding their...
Binance Client Execs Abducted and Forced to Empty Crypto Wallets, CZ Freezes Funds
13.11.2023
Source: Pixabay Executives from a client company of Binance were kidnapped to Montenegro and lured into a massive $12.5 million crypto robbery. According to Changpeng Zhao (CZ), CEO of Binance, the kidnappers lured senior staff from one of Binance’s client companies onto a ‘business trip’...