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FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
19.4.2022
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S....
Bitcoin Funds See Slowing Investment Outflows, Ethereum Outflows Accelerate
19.4.2022
Regulated crypto investment products saw outflows of close to USD 100m last week, as capital continued to leave funds backed by both bitcoin (BTC) and ethereum (ETH) in droves. The outflows were partly explained by tax-related selling in the US, while one analyst said the macro landscape...
Bitcoin and Ethereum Consolidate Below Key Hurdles, LUNA Pauses
19.4.2022
Bitcoin price started an upside correction above the USD 40,000 level. BTC even climbed above USD 40,500, but it failed to gain pace above USD 41,200. It is currently (12:09 PM UTC) consolidating near USD 40,800 and might attempt an upside break above USD 41,200....
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Ethereum price 'bear flag' could sink ETH to $2K after 20% decline in three weeks
19.4.2022
Analysts still expect Ethereum to hold its long-term bullish bias on bets that its highly-anticipated technical upgrade this year will be successful
Ethereum Foundation treasury expands non-crypto assets to 19%
19.4.2022
The foundation that oversees and funds developments on the Ethereum network has disclosed its total holdings, which include a sizable fifth in non-crypto assets
Price analysis 4/18: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT
18.4.2022
Bitcoin and select altcoins slipped below their immediate support levels, opening the door for further downside
Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
18.4.2022
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets....
Square Enix President Still Insists Future Of Gaming Features Blockchain Tech
18.4.2022
Remember back in January when Square Enix president Yosuke Matsuda published that terrible letter hyping up a future where video games would feature NFTs and blockchain tech? Well, even though a lot of players and devs criticized the letter, Matsuda ain’t backing down. And in a new interview,...
Ethereum Foundation’s Crypto Holding Made Up of 99% ETH
18.4.2022
The Ethereum Foundation (EF), the organization responsible for allocating financial support within the Ethereum (ETH) ecosystem, had USD 1.3bn invested in crypto as of the end of last quarter, with the vast majority of that held in ETH, according to the foundation’s latest report....
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Liquidations Soar in Crypto Market while Some Traders Hope for ‘Upcoming Bounce’
18.4.2022
The crypto market saw a broad sell-off led by ethereum (ETH) and other major layer 1 competitors falling between 4% and 7% over the past day. The fall led to a spike in liquidations, with some popular traders now speculating that the market could be getting ready for a reversal higher....
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MetaMask Issues Warning About Phishing Attacks Via iCloud After a User Lost USD 650K
18.4.2022
Popular software crypto wallet MetaMask has issued a warning about possible phishing attacks through Apple’s cloud service iCloud. The warning comes after scammers managed to steal USD 650,000 worth of crypto using this attack vector....
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Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M
18.4.2022
Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m.
According to blockchain security firm PeckShield, the attacker...
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
17.4.2022
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an...
Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
17.4.2022
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners...
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
17.4.2022
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer...
NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles
16.4.2022
This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs...
ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract
16.4.2022
According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons...
Crypto Gaming 'Landlords' Upset They Can't Keep Exploiting All The Players Quitting
16.4.2022
Axie Infinity is the crypto-backed Pokémon clone in which cute little creatures that double as NFTs battle for fun and profit. It’s also a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth. Now, fictional inflation, combined with a historic crypto...
While Markets Consolidate, Crypto Fear and Greed Index Points to ‘Extreme Fear’
16.4.2022
18 days ago on March 28, the Crypto Fear and Greed Index tapped the “greed” position, scoring a 60 for the first time in four months. Since that day, bitcoin has lost more than $7,500 in USD value, and hit a low of $39,200 per unit on April 11. The downturn has pushed the Crypto...
Altcoin Roundup: Analysts give their take on the impact of the Ethereum Merge delay
15.4.2022
The wait for the long-awaited Ethereum Merge just got longer, leading analysts to discuss potential price outcomes for Ether