Posts published on October 26, 2023 go to media archive 1/4
Prosegur to Build Secure Crypto Bunker in Brazil
Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive…
Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0
Binance CEO Changpeng Zhao’s crypto empire has fallen over 80% from its January 2022 peak of almost $97 billion.
Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey
The new all-time highs come despite Bitcoin still being down over 50% against its price peak of $69,000 against the U.S. dollar.
Is Bitcoin overheated? Some believe the answer is hiding in PEPE
Some crypto market observers believe a rush into memecoin token PEPE could herald an impending Bitcoin dump, but not everyone is convinced.
BNB Price At Make-Or-Break Moment, Key Levels To Watch
BNB price struggled to climb above $240 and corrected gains against the US Dollar. It is now approaching a major support zone at $220 and $215. BNB price is slowly moving lower toward the $220 support against the US Dollar. The price is now trading…
Shiba Inu Reverses December Downtrend – Good Days Ahead For Investors?
Shiba Inu (SHIB) has sustained an impressive bullish streak over the past week, marking a significant upward trajectory in its value. With seven out of the last eight days showing positive growth, the meme coin has not only managed to reclaim a…
Ethereum Price Hints At Potential Correction, Buy The Dip?
Ethereum price started a downside correction from the $1,866 high against the US dollar. ETH must stay above the $1,750 support to start a fresh increase. Ethereum failed to gain strength above $1,850 and corrected lower. The price is trading above…
An In-Depth Analysis of 7 Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt
Recently, the top three bitcoin mining rig manufacturers unveiled a group of next-generation products with efficiency ratings of less than 20 joules per terahash (J/T) and powerful hashrates. In total, Bitmain, Canaan, and Microbt released seven…
Bitcoin Price Holds 100 SMA – A Strengthening Case For Fresh Increase
Bitcoin price is still above the $33,200 support zone. BTC could start a fresh increase unless there is a close below the 100 hourly SMA and $33,400. Bitcoin is still struggling to clear the $35,000 resistance. The price is trading above $33,500…
UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified
Ahead Of V4, dYdX Open-Source Code: Bull Run Incoming?
In what is seen to be a monumental move, dYdX, a layer-2 decentralized exchange (DEX), is open-sourcing its code as the platform prepares to implement v4. The exchange has a total value locked (TVL) of over $353 million, according to DeFiLlama…
‘Buy Bitcoin’ search queries on Google surge 826% in the UK
Google searches relating to purchasing Bitcoin have spiked worldwide following a significant rally in the price of BTC.
Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
Scammers create spoof Blockworks site to drain crypto wallets
Phishing scammers have been spreading fake news of a $37 million dollar Uniswap exploit using a convincing fake Blockworks website.
Finder’s Experts Predict Bitcoin to Reach $87K by 2025, Settling at $30K by Year’s End
Bitcoin (BTC), the leading crypto asset by market cap, has captured considerable attention within the realm of digital currencies, demonstrating robustness and a pronounced market dominance. As it currently stands, its value hovers slightly beneath…
Australia’s $145M exchange scandal, Bitget claims 4th, China lifts NFT ban: Asia Express
Asia Express: Cops bust Australian crypto and fiat money laundering exchange, Bitget now 4th largest exchange, China partially lifts NFT ban.
Crypto Analyst Who Called Bitcoin’s Parabolic Rally Picks Altcoin Set To Pop
Predicting the Bitcoin price movements and when altcoin prices will rally again is not a small feat but one analyst has managed to do so. Crypto analyst TonyTheBull has been calling for a bull market, saying that this cycle differs from previous…
Protocol Village: IoTeX Blockchain to Integrate With Solana for 'IoT-Connected Projects'
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins…
Binance And Tether Accused By Lawmakers: DOJ Investigation Requested For Illicit Finance
In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT). The lawmakers, led by Senator Cynthia Lummis…
Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas.
LooksRare Monthly NFT Trading Volume Flash Crashes 97% In October: What’s Next?
The monthly trading volume of LooksRare, a decentralized non-fungible token (NFT) and digital collectible marketplace, is down 97%, crashing from $71.9 million registered in September 2023 to just $2.1 million in October, Token Terminal data shared…
HTX's Justin Sun claims record profits despite staff cuts
The blockchain personality claims that his exchange recorded a profit of $98 million in Q3 2023.
Kraken Begins Notifying Customers It Will Send Their Data to the IRS This November
Cryptocurrency exchange Kraken is sending a letter to clients notifying them that after losing a lengthy court case, they will need to turn over sensitive data to the Internal Revenue Service (IRS) after a legal battle that began in May 2021…
Bitcoin is evolving into a multi-asset network
Bitcoin Ordinals are creating new possibilities for the Bitcoin network by allowing users to create inscriptions stored on individual Satoshis.
Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report
Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records.
Bankman-Fried Takes the Stand With a Great Focus on Relying on Counsel and Legal Advice
The former FTX CEO Sam Bankman-Fried testified Thursday without jurors present. Bankman-Fried was questioned by his attorney, Mark Cohen, before the judge. He described FTX senior staff using encrypted messaging, discussed obtaining Alameda’s bank…
SBF grilled in court on deleted messages during testimony
The disgraced crypto executive claimed that he merely acted on various lapses in the company's data retention policy.