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…
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.
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…
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.
Crypto projects ranking 2024: the best Q3 blockchains and tokens
Popular analytical platform CryptoRank has published statistics on the most successful cryptocurrency projects of the third quarter of 2024 (Q3).
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.
U.S. Department of Justice shuts down russian money laundering scheme through three crypto exchanges
U.S. Department of Justice (DOJ) withdrew the domains of three crypto exchanges related to money laundering for the russian federation totaling more than $800 million. According to the press release, UAPS, PM2BTC and Cryptex facilitated illegal transactions. In addition, two Russian citizens have been charged with misappropriating millions of…
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…
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