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…
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…
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…
HBO to reveal Satoshi Nakamoto’s identity in documentary Money Electric: The Bitcoin Mystery on October 9 (+trailer)
American television network HBO promises to show a «bomb» that could shake up the entire crypto world. Therefore, we should prepare for market fluctuations on the eve of and possibly after the premiere.
Cryptocurrency paradox: why does TON’s success cause skepticism?
One interesting crypto project has recently attracted special attention from the general public. TON (The Open Network) is a decentralized blockchain that has gone from an idea to an independent ecosystem with record transaction speeds. Despite the contradictory opinions and attitudes towards TON and Toncoin due to its connection with Pavel Durov…
Since the beginning of September, the number of attacks on cryptoplatforms has doubled: research
According to a report by cybersecurity company CertiK, in September 2024, the number of hacker attacks on crypto platforms was twice as high as in the previous month. As a result of exploits, hacks, and fraud, users lost $161.1 million, of which only $2.1 million was recovered.
Study: almost 90% of tokens depreciate after airdrop
Keyrock analysts conducted a study of 62 airdrops in 6 blockchain networks during 2024. And we can say that the conclusions will please only short-sellers. As it follows from the publication:
Robinhood launches crypto transfers in Europe
American company Robinhood announced the launch of cryptocurrency transfers for European customers. From now on, the platform will allow you to make
The largest crypto exchanges announced the listing of EigenLayer (EIGEN): schedule
Major crypto exchanges have announced the start of trading in the EigenLayer (EIGEN) token. It will start on October 1 in the morning. The following trading pairs will be available: EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY (relevant for Binance).
20 altcoins ready to skyrocket
October, known as “Uptober” among the crypto community, is traditionally considered the month when the bull market begins. This year will not be an exception, according to the well-known trader Rekt Fencer. In his opinion, starting this fall, many altcoins may begin a parabolic growth.
Researchers find fake version of WalletConnect on Google Play that steals cryptocurrency
Check Point Research (CPR) team of researchers said about the threat lurking in Google Play for digital asset owners. They found the first known mobile crypto-drainer: the application is disguised as a genuine WalletConnect.
Is TUSD stablecoin — dangerous? Curve Finance may remove it from the list of crvUSD collateral assets
Curve Finance, a decentralized exchange for trading stablecoins (DEX), is considering removing TrueUSD (TUSD) from the list of support tokens for its own Curve USD (crvUSD). This decision is due to concerns about the stability of TUSD. It is also planned to reduce the issue of crvUSD using the PayPal stablecoin (PYUSD) from $15 million to $5…
The world’s first smartphone with a built-in DePIN node — XForge is announced
Blockchain platform XProtocol has unveiled teasers of a branded device called XForge. The company is positioning the smartphone as the world’s first with a built-in DePIN-node. The price of the crypto phone is $299. XForge is designed to improve the gaming experience and integrate with the XProtocol decentralized network.
Ex-CEO of Alameda Research sentenced to 2 years for participating in a fraudulent scheme with FTX crypto exchange
On September 24, a federal judge in Manhattan sentenced Caroline Ellison, the former head of Alameda Research, the FTX hedge fund, to 2 years in prison and $11 billion in forfeiture.
A prominent analyst predicted bitcoin to reach $1 million next year
A bitcoin analyst with the pseudonym PlanB has shared possible prices for digital gold in 2024-2027. His forecast is impressive: by the end of next year, BTC could jump to $1 million. But this must be preceded by a series of interesting events.
Mining 2.0: Is there any room for it in 2024?
In 2009, when bitcoin first appeared, anyone could easily become a miner. It was enough to run a special program on a regular computer or laptop to receive up to 50 bitcoins a day. As the popularity of bitcoin grew, mining became more difficult and expensive, and the profit — less and less. Can we […]
OpenAI account hacked to advertise fake $OPENAI token
In the evening of September 23, the official account OpenAI account on social network X (formerly Twitter) was hacked. The fraudsters did this in order to post a message about a cryptocurrency with the $OPENAI ticker on the ChatGPT developers’ page. The hackers called for the purchase of this fake coin on behalf of OpenAI. As a result, if the…
Crypto exchange BingX accidentally doubled the reward for Hamster Kombat players
Listing of Hamster Kombat on exchanges will take place in just three days, and the crypto community is already calling this game one of the worst tap games in Telegram’s history. However, the BingX exchange apparently doesn’t think so, and that’s why it has been pouring HMSTR tokens with a slide. But first things first.
These 6 altcoins could rise after Binance founder’s release
This week, on September 29, Changpeng Zhao (CZ), the founder and former CEO of Binance, will be released from prison after serving a four-month sentence. His release could have a significant impact on the crypto market, as CZ is one of the key figures in the industry. Therefore, it is worth paying attention to six altcoins that are likely to be…
Analysts: Ethereum is preparing for a big jump up
Steno Research analysts believe that Ethereum is still undervalued and has a chance for significant growth. Just like in 2021, when ETH doubled its value against Bitcoin in a few months, this cryptocurrency is preparing for a new rise, which became especially noticeable after the US Federal Reserve cut interest rates.
Commission on TRON has been halved
TRON has set a new high bar for competitors by reducing fees by 50%. From now on, transactions in the TRON network will be among the cheapest in the industry, which will increase network activity and stimulate developers. This was announced in the X wrote Justin Sun, founder of the TRON.
Fintech giant Revolut is preparing its own stablecoin
While everyone is sounding the alarm about dubious activities and lack of transparency of the issuer of the top stablecoin UDST — Tetherwhose collapse could bring down its competitors, Revolut suddenly announces its intention to launch its own label.
Three altcoins show price anomalies: what does it mean?
Such altcoins as Injective (INJ), Render (RENDER) and Polygon (MATIC)attracted the attention of experts due to unexpected price changes. These anomalies occurred after holders of large volumes of these cryptocurrencies (the so-called «whales») moved their assets from exchange wallets to «cold» wallets for storage.
Trump’s New Crypto Project: Latest Details on World Liberty Financial and WLFI Tokens
Former president and current US presidential candidate Donald Trump officially launched a cryptocurrency project called World Liberty Financial on the X platform from his Mar-a-Lago estate. The event took place despite the recent assassination attempt on the politician’s life during a golf game Broadcasting lasted more than two hours and…
Will Tether become the new FTX? Crypto market on the verge of disaster
Tether, the issuer of the top stablecoin USDT, has been at the center of numerous scandals and investigations over the years due to its non-transparent operations. The main concern of regulators and investors is the lack of a full independent financial audit of the company. Although Tether writes about transparency on its website and assures…
«I don’t support cryptocurrencies»: the author of the Flappy Bird game distanced himself from its «revival» in the blockchain
Once a hype Flappy Bird mobile game has been reincarnated as a blockchain project. The author, who once closed the game to prevent addiction, doesn’t like it.
Bitcoin may collapse in September: experts explain the reasons
A 50 basis point (0.5%) interest rate cut by the US Federal Reserve (Fed) during its September 17-18 meeting could have negative consequences for the crypto market, according to 10X Research. According to the company’s analysts, this will potentially lead to increased market anxiety and cause a decline in the price of high-risk assets,…
Ex-banker jailed for 24 years over crypto deal — spent $47 million from bank, daughter’s college and church
In the vain hope of getting rich using cryptocurrencies, the former banker fell for the scam and spent $47 million of the bank’s funds, as well as all available personal and public funds. Now the 53-year-old US man is facing 24 years in prison.
A Hong Kong-based crypto exchange created Elon Musk’s diplomatic account and advertised him as its chief developer
No, Elon Musk did not create a secret cryptocurrency trading website that Facebook ad bots advise you to invest in. The Hong Kong Securities and Futures Commission last week warned of a fraudulent dipsticks. According to the statement, the group, which calls itself Quantum AI or AI Quantum, is using a fake video of Elon Musk to fool people. The…
«Bitcoin Jesus» Roger Ver, one of the first investors, arrested for non-payment of $48 million in US taxes
Roger Ver was nicknamed «Bitcoin Jesus» because he was an early adopter of the cryptocurrency and became one of its first investors. He is accused of filing false tax returns, mail fraud and tax evasion.
UK to regulate memes about cryptocurrencies: misleading
The UK’s financial services regulator has issued instructions to financial services companies and social media influencers who create memes about cryptocurrencies and other investments to regulate them amid growing fraud in this area.
On Friday, Bitcoin briefly hit a price record of $70,000
On Friday, the price of Bitcoin broke a new record and exceeded $70,000 for the first time in history. According to Coin Metrics, at one point it rose to $70,170, surpassing the previous record set on Tuesday. The cryptocurrency ends the week with a 10% increase and a price of $68,504.
Bitcoin price exceeds $57 thousand, reaching a 2-year high
The price of the cryptocurrency bitcoin reached a two-year high, exceeding $57 thousand in trading in Asia on Tuesday. This was the result of signs of intense institutional buying. At the same time, the price of the Ether cryptocurrency exceeded $3200 for the first time in two years.
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