USDT’s dominance is falling rapidly: a bad sign or vice versa?
The dominance of Tether (USDT), the largest stablecoin by market capitalization, continues to decline. This began on the eve of the US presidential election and is still ongoing.
Renegade and Mulsano presented NFT collector cars with a $100 price tag
Crypto banking platform Renegade and German luxury car dealer Mulsano have signed a partnership, and now have a joint project in the field of real-world tokenized assets (RWA). Thanks to blockchain technology, anyone is able to invest in exclusive Mulsano collector cars with a pocketful of $100 or more.
Cardano token (ADA) grew by 80% after news of the blockchain founder’s involvement in a new US crypto policy development
Bitcoin continues to break its own records has already reached $82 thousand. Other cryptocurrencies are also growing gradually, and there are already shouts from around the corner about the beginning of a bull market (but you should be very careful, crypto can surprise not only in a positive way).
Acquaintances robbed Ukrainian in Thailand of $249k in cryptocurrency
A 23-year-old Ukrainian man, Vyacheslav Leibov, was robbed in Phuket, a popular tourist island in Thailand. It happened during his visit to a friend on Friday, November 8. The victim transferred USDT stablecoins worth more than 8.56 million baht (about $249 thousand) to the criminals.
Bitcoin hits $80,000
Today, bitcoin (BTC) has reached $80,000 on cryptocurrency exchanges. The rise in the value of the world’s largest cryptocurrency is attributed to Donald Trump’s victory in the United States.
The analyst predicted Solana (SOL) at $1000 in 2025
Analyst and crypto investor Daniel Cheng believes that in the coming months, the cryptocurrency market may enter a new period of growth (also known as a bull market or bull run). In his opinion, the upcoming bull run even has a chance to surpass 2021. And Solana will be one of the most interesting players. According to the expert, the blockchain…
US ghost town Detroit to accept cryptocurrency for tax payments
Starting in 2025, Detroit residents will be able to pay taxes and other city fees with cryptocurrency via the secure PayPal platform. Thus, the ghost town will become the largest US metropolis to accept cryptocurrency payments.
Analyst warns of a sharp fall in altcoins
Altcoins may experience a serious price drop in the coming months. This will happen most actively by the end of 2024 or January 2025. This is the forecast made founder of ITC Crypto Benjamin Cohen. His forecast is based on the historical cycle of the crypto market. The last massive drop in altcoins occurred during the bear market in 2019. The coins…
One million bitcoins may become part of the US national reserve
Donald Trump won the presidential election, and shortly afterwards, Senator Cynthia Loomis announced her support for the idea of creating a strategic reserve in bitcoin. Draft law «crypto queens» Capitol Hill BITCOIN from 2024 (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act) proposes to purchase 1…
Trump’s victory shakes up the political memcoins market
Amid the news of Donald Trump’s victory in the US presidential election, the cryptocurrency market has experienced a rapid rise: the price of bitcoin (BTC) reached a new historical high of $76 thousand. At the same time, political memecoins (the so-called PolitiFi) also jumped significantly in price. Within 24 hours, the trading volume…
Bitcoin has updated its historical high amid Trump’s victory and now costs $76k
On the background Republican Donald Trump’s victory in the US presidential election bitcoin broke the record, reaching $76 thousand. And judging by the dynamics and active promotion of the cryptocurrency by the 47th American president, the value of BTC will continue to grow.
Hype Telegram game Hamster Kombat lost 86% of users
In September, the clicker game (tapalka) Hamster Kombat has made a lot of noise: 300 million players who had been diligently completing tasks for half a year and poking at their smartphone screens every day were expecting to make a little extra money. But when the time came for the listing, the major hype turned into total disappointment. Almost…
Memcoins will take over the crypto market in 2025: experts
In 2024, meme tokens took over the cryptocurrency market. While 80-90% of regular tokens are experiencing a significant decline, memes are not only staying afloat, but also showing steady growth. According to analysts, the point is that investors are tired of waiting for new altseason therefore, they began to pay attention to «folk» coins, where…
Tethember: the company behind the most popular USDT stablecoin will release two new products in November
Tether Chief Executive Officer (CEO) Paolo Ardoino said that the company preparing to launch two new products this month, which it has named Tethember. But he is he added that the launch may be delayed by about 7 days amid the US presidential election on November 5.
SEC may sue Web3 game development platform Immutable
Immutable, a blockchain gaming company, announced that it has received a Wells notice from the U.S. Securities and Exchange Commission (SEC) alleging securities law violations and false statements related to its IMX token.
How will the US elections affect the cryptocurrency market?
Analysts warn of increased market volatility due to possible delays in the US election results. Investors are cautious, and bitcoin is striving to reach new heights. What to expect on the crypto market in the face of political risks? What do analysts say? As the election of the next US president approaches on November 5, […]
Paxos launches USDG regulated stablecoin and names it «global dollar»
Last July, blockchain company Paxos Global received permission from the Monetary Authority of Singapore (MAS) to issue a stablecoin in partnership with the country’s largest bank — DBS. On October 31, Paxos confirmed the launch of a localized Singaporean stablecoin, Global Dollar (USDG), on the Ethereum blockchain, designed to support…
We found another «Satoshi Nakamoto» from London, who has already received the nickname «Faktoshi»
On October 31, another attempt was made in London to reveal the identity of the creator of the blockchain and the Bitcoin cryptocurrency. A man previously unknown to the public gathered many journalists to publicly prove his authorship and provide evidence that he — Satoshi Nakamoto — created the Genesis Block — the first block on the Bitcoin…
Celebrity blogger MrBeast suspected of cryptocurrency fraud worth $23 million
MrBeast (real name Jimmy Donaldson), a well-known influencer with tens of millions of followers on social media, has found himself at the center of another scandal. This time, it’s over allegations of cryptocurrency fraud and insider trading. According to a detailed report by Loock.io, Mr. Beast allegedly used about 50 crypto wallets to buy…
From glory to oblivion: are Tap-to-Earn games dead, or do they still have a chance?
After the phenomenal success of Notcoin in early 2024, which brought millions of users profit, the market was flooded with similar clones with primitive gameplay. However, user frustration, rising project launch costs, and falling profitability call into question the future of this format. Will «tap» games be able to evolve to survive, or are…
Ubisoft releases a blockchain PC game with $63k worth NFT
Ubisoft has released the NFT game Champions Tactics: Grimoria Chronicles for PC without any loud announcements. It is a PvP tactical RPG on the blockchain where players have to collect and assemble a team of champion figures to fight in turn-based battles. Although Champions Tactics was announced back in June 2023, new information about the game…
Visa and Coinbase simplify crypto deposits
Visa has entered into a partnership with the Coinbase crypto exchange. This allowed the company to provide new services to users in the US and the EU. Through integration with the Visa Direct network, Coinbase customers will be able to quickly replenish their accounts in real time, make cryptocurrency purchases and withdraw funds to their bank…
Solana launches sUSD stablecoin with a yield of 4-5%
The Solana platform has launched sUSD (Solayer USD), the first stablecoin of its kind backed by US Treasury bonds. The first synthetic RWA-stablecoin not only maintains a stable 1:1 exchange rate against the US dollar, but can also generate 4-5% annualized yield, making it more attractive than conventional stablecoins (looks like difficult times…
A prominent crypto entrepreneur explains how China crisis could affect the crypto market
Arthur Hayes, a well-known American entrepreneur, co-founder and former director of the BitMEX crypto exchange published a new essay titled «Forward, Bitcoin», in which he stated that «monetary chemotherapy» in the Chinese economy would boost the prices of bitcoin and other assets. Hayes noted that global economic crises and monetary stimulus…
Wall Street is preparing a Tether USDT «killer»
It would seem that recently Tether has enough negativity already. Protos analysts have even calculated that since 2015, Tether has attracted the attention of the US authorities 19 times.
Tether denies allegations of illegal USDT operations
Tether CEO Paolo Ardoino denies that his company is under investigation by US federal agencies. In his posts on the X platform, he commented the Wall Street Journal (WSJ) publication which refers to a possible investigation of Tether’s activities for violating anti-money laundering laws and non-compliance with sanctions.
Is the 2025 altseason under threat? Why 60% Bitcoin dominance is not a good thing
The price of bitcoin has surpassed $68,000, and everyone is talking about the approaching altcoin season. Because investors dream of uptober. But is BTC’s growth the first bell to ring for other cryptocurrencies to jump?
Only 5 tokens listed on Binance this year proved to be profitable
Only 5 of the 37 tokens launched on Binance this year have shown positive returns. Moreover, 4 of the successful ones are memes. The main factors that influenced the results include the general market situation, the quality of projects, the cost of fees, and the hype around new narratives. About wrote analyst at Andrew Moh.
Microsoft to consider investing in Bitcoin on December 10
Microsoft plans to put to a shareholder vote the issue of a public assessment of the possibility of investing in bitcoin. This is stated in a proposal to the US Securities Exchange Commission (SEC) dated October 24, put forward by the National Center for Public Policy Research (NCPPR). The document emphasizes the strategy of MicroStrategy, which…
The stablecoin hryvnia UAHg has been integrated with Trust Wallet
The stablecoin hryvnia UAHg, launched last year, received integration with Trust Wallet. All functions are available in the decentralized wallet, including transactions, exchanges, and investment opportunities. Bonuses are also available to users.
Found the wrong guy? Peter Todd is hiding because of an HBO documentary that called him the creator of bitcoin
Peter Todd, a 39-year-old Canadian software developer who played a key role in the early creation of bitcoin, was furious when he was named Satoshi Nakamoto in the documentary Money Electric: The Bitcoin Mystery directed by Cullen Hoback.
Scam Sniffer detects phishing ads on Google: users can lose all cryptocurrency
The security company Web3 Scam Sniffer reported that while searching for the official Soneium website, experts came across sponsored ads on Google for a fraudulent page, after clicking on it, connecting a wallet and signing a permission, users risked losing all digital assets. Suspicious ads appeared when users searched for the term «someium».
Vitalik Buterin calls storing cryptocurrency in banks completely insane
Ethereum co-founder Vitalik Buterin has spoken out sharply against the statements of Michael Saylor, co-founder of MicroStrategy, about cryptocurrency storage in banks. Sailor has been facing an avalanche of criticism after his recent interview on the podcast Markets with Madison.
Grayscale Fund Names 35 Investment Attractive Altcoins
The Grayscale Investment Fund has added 35 altcoins to its list of assets under consideration for future investment products. The list includes investments in five main categories: currencies, smart contract platforms, finance, consumption and culture, and utilities and services. Interestingly, the list is dominated by altcoins related to smart…
Decentralized exchanges are gaining momentum, while Binance is losing ground among centralized ones
According to a report by 0xScope, the market for centralized cryptocurrency exchanges (CEXs) has undergone dramatic changes since last year. For example, institutional investment in Web3 came into full force in early 2024 after the approval of Bitcoin (BTC) exchange-traded funds in January and Ethereum (ETH) in July. Bitcoin reached a new all-time…
New Tether records: $120 billion in capitalization, 36 million new users and 10 years on the market
The market capitalization of Tether’s USDT stablecoin has reached a record $120 billion, signaling a potential cryptocurrency the bull rally in October, also called Uptober. This is potentially evidenced by the fact that the price of bitcoin has started to rise, reaching $69,400 on October 21. This is very close to the record of $73,737. I…
A billion-dollar deal: Stripe acquires crypto startup Bridge
American technology company Stripe is in talks to acquire crypto startup Bridge for $1.1 billion. If the deal is finalized, it will be the largest acquisition in the history of Stripe and the crypto industry in general.
Cryptocurrency activity has reached an all-time high, — a16z crypto
According to the «Cryptocurrency State of the Art Report» by a16z crypto, the activity and use of cryptocurrencies reached record levels. In September, 220 million addresses interacted with the blockchain at least once, and this figure has more than tripled since the end of 2023.
Vitalik Buterin presents an updated Ethereum roadmap with a 7k-fold increase in transactions number
In his blog, co-founder Ethereum Vitalik Buterin presented an updated blockchain roadmap with a focus on expanding Layer 2 and improving scalability while maintaining decentralization and security. The initiative is called The Surge.
The owner of a discarded HDD with 7,500 bitcoins is suing the authorities — permission to dig through the landfill or money
A man who accidentally threw away a hard disk with 7,500 bitcoins in 2013 is not giving up. He has filed a lawsuit against the city authorities — they won’t let him turn over the landfill in search of the HDD.
Cybersecurity experts accidentally spread malware among Radiant Capital hack victims
On October 16, Radiant Capital’s lending protocol suffered the second cyberattack this year, resulting in the loss of more than $50 million. According to data De.Fi Antivirus Web3, the project’s contracts were exploited on the Binance Smart Chain (BSC) and Arbitrum (ARB) chains with the transferFrom() function, which allowed…
The WLFI tokens touted by Trump turned out to be a bust
The World Liberty Financial project, which actively supported by US presidential candidate Donald Trump and his familywas not very interesting to users. Public sale of tokens started October 15 at 12:40 UTC. During this time, a little more than 4% of the coins have been sold (851.02 million out of 20 billion). The cost of one 1 WLFI token is…
The FBI created its own cryptocurrency and secretly launched it on the market — to expose «price manipulation»
The FBI token called NexFundAI was created on the basis of Ethereum and launched on the «crypto market under the» cover.
Ukraine will legalize cryptocurrency in early 2025, — Getmantsev
Danylo Hetmantsev, chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, says that Ukraine plans to legalize cryptocurrency in the first half of 2025.
Uptober or Octobear: Are we waiting for a bull market this year?
October may be a crucial month for the cryptocurrency market. Historically, Bitcoin has shown growth during this period, which is why the month was even called Uptober. However, we should not forget that the crypto market has been and remains unstable. And October can turn into an Octobear — bearish month just overnight. Will we […]
Masks off: crypto community names 5 most likely candidates for Bitcoin founder
On October 9, HBO will release a documentary called Money Electric: The Bitcoin Mystery. The creators of the film promised to solve one of the greatest mysteries of our time: who is Satoshi Nakamoto and where did he disappear to? The film was directed and produced by «Emmy» nominated Cullen Hoback, creator of Q: Into the Storm (a documentary…
JPMorgan named factors that could significantly change the crypto market in the coming months
A recent report by JPMorgan highlights several important points about the state of the cryptocurrency market and the factors that may affect it in the near future. Here are the main conclusions from the report:
Fraudsters withdrew $5.7M worth EigenLayer tokens shortly after listing
The EigenLayer protocol team, which on October 1 held listing of its own EIGEN token and announced the second season of airdropreported the theft of 1.67 million tokens worth about $5.7 million. The team is conducting an investigation. But it is already known that the incident is not related to the hacking of the project. The assets were mistakenly…
Ukraine is among the TOP-10 countries leading the crypto and DeFi adoption: The 2024 Global Adoption Index
Central and South Asia and Oceania (CSAO) have taken the top positions in this year’s global cryptocurrency adoption ranking, according to Chainalysis’ The 2024 Global Adoption Index report. These regions have become leaders due to the high level of activity on local cryptocurrency exchanges, widespread use of cryptocurrencies, and a…
The NVIDIA case on concealment of data on sales of video cards to miners may be renewed
The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have appealed to the Supreme Court, the highest court in the United States, to allow the continuation of an investor class action lawsuit against NVIDIA, in which the company is accused of financial manipulation related to the sale of video cards for crypto…
Spelling error report
The following text will be sent to our editors: