Summary Bankman-Fried trial continues with more telling details revealed. The trial reveals that SBF thought rules don’t apply to him. The prosecutor compared his behaviour in court to intimidation. The crypto trial, which some may hope to end sooner rather than later, while others eagerly await every detail, is only in its second week, yet […]

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Caroline Ellison, who plays a crucial role in the case against FTX’s Founder Sam Bankman-Fried (SBF), faced intense cross-examination by the defense as she testified against her former boss. The trial highlighted complex events that led to the collapse of FTX and Alameda Research. Ellison, a key witness and SBF’s former girlfriend, provided a detailed […]

Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates. ______________________________________________________________ So, some complete autist who is a relative newcomer to the public arena had to just come out of absolutely nowhere and drop a crazy idea onto the table that […]

A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD). In a lengthy message on the social media platform X, Tangible, the decentralized autonomous organization (DAO) behind Real USD (USDR), says that the crypto asset has […]

A prominent crypto venture capital firm is comparing Ethereum (ETH) to the mobile operating system Android and Solana (SOL) to iOS. In a new blog post, Placeholder Capital makes a case for why Ethereum and Solana are comparable to the two different operating systems. “Ethereum and Solana are like Android and iOS. Android values modularity: […]

The most significant flash loan attack in the BNB Chain was reported on Oct. 11 when an MEV bot made a massive arbitrage profit of $1.575 million. The attack, which passed through the Pancakeswap DEX network, only cost the perpetrating bot a fee of $4.16, leaving them with humongous profits. Large Single Flash Loan Attack […]

Ethereum price is moving lower toward the $1,500 support against the US dollar. ETH could correct higher, but upsides might be limited above $1,565. Ethereum is struggling to start a recovery above $1,550. The price is trading below $1,565 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance near […]

Bitcoin bulls get reality check in legendary trader’s latest BTC price analysis

Bitcoin price has corrected at each attempt to rally above $28,000. Cointelegraph explains why.

Crypto analyst Jason Pizzino is placing altcoin investors on alert. In a new strategy session, Pizzino tells his 290,000 YouTube subscribers that how far Bitcoin (BTC) dips will determine the severity of a correction for altcoins. “So, it looks like [Bitcoin is] coming back to test [$26,700] now. You guys know if we get a […]

A popular crypto analyst says that Bitcoin (BTC) will soon unseat gold and silver as the world’s leading safe haven assets. In a new video, the anonymous host of the YouTube channel InvestAnswers tells his 447,000 subscribers that the price of Bitcoin cannot be easily manipulated unlike those of the precious metals. “People have been […]

The US Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC) have taken legal action against Stephen Ehrlich, the former CEO of the now-bankrupt crypto platform Voyager, for his many false representations to customers. Voyager Settled with the FTC The confirmation came yesterday (Thursday) after the FTC settled with Voyager, imposing a permanent […]

The curtains are coming down on Europe’s premier Bitcoin event, Bitcoin Amsterdam, as it concludes its final day.  As the conference wraps up, the final day promises to be just as engaging as the preceding ones, with notable speakers taking the stage: Adam Back, CEO of Blockstream: Renowned for his contributions to the field of […]

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Coinbase has reported a significant drop in its trading volume for the third quarter of 2023. According to data gathered from CCData, and published by Bloomberg, Coinbase’s spot trading volume was around $76 billion, a 52% decline from the previous quarter and the lowest since before its public debut on Nasdaq in 2021. The decrease […]

Solana is correcting gains from the $25 resistance against the US Dollar. SOL price could accelerate lower if there is a break below the $21 support. SOL price started a fresh decline after it failed to clear the $25 resistance against the US Dollar. The price is now trading below $22.00 and the 100 simple […]

The U.S. SEC approval for a Bitcoin ETF has become a tantalizing reality

Decentralized finance (DeFi) protocol Platypus Finance has suffered yet another flash loan exploit that resulted in the loss of over $2 million. Blockchain security firm PeckShield was the first to alert the community about the hack on October 12th, shortly after which the platform announced temporarily suspending all pools. On-chain data also suggest that the […]

A widely followed analyst is urging caution on a multi-billion dollar crypto asset as it hovers above a key support level. Pseudonymous trader Altcoin Sherpa tells his 196,700 Twitter followers that the utility token of the Binance crypto exchange and the native token of the Binance Smart Chain (BNB) is “not looking great, to be […]

Top stablecoin USDT is witnessing a surge in on-chain activity, according to the crypto analytics firm Santiment. Santiment notes that USDT, which is issued by Tether and aims to maintain to maintain a 1:1 peg with the US dollar, recently notched a three-month high in active addresses, in large part due to an increase in […]

Stars Arena negotiated with the attacker over the course of four days, eventually recovering 90% of funds in exchange for an agreement not to prosecute.

BENGALURU: A Bengalurean sued an online crypto trading app after he lost 12484 USDT worth of cryptocurrency.

Binance has rebranded Binance Feed to Binance Square, a move aimed at facilitating the free exchange of crypto-related content and ideas. To celebrate the launch, the cryptocurrency exchange is offering a reward of 10,000 USDT to its users, according to the announcement made today (Thursday). Binance explained that Binance Square is where crypto enthusiasts can […]

At Bitcoin Amsterdam, Trezor unveiled a trio of innovative products designed to simplify and secure the Bitcoin journey for newcomers and novices. The “Trezor Safe” line, featuring the Trezor Safe 3 hardware wallet and the limited edition Trezor Safe 3 Bitcoin only model, marks the company’s commitment to self-custody in style. In addition, Trezor introduces […]

A new report from Glassnode, an on-chain analytical firm, has buttressed recent data indicating Bitcoin holders are adding to their holdings. These long-term Bitcoin investors, often known as “HODLers,” don’t appear to be phased by the recent volatility in Bitcoin’s price.  According to on-chain data, long-term holders have been rapidly amassing Bitcoin, adding more than […]

Recent analytics report shows that while Bitcoin whales are holding tight to their BTC, Ethereum whales are dumping ETH en masse

Trezor, a pioneer in the hardware wallet industry, has just launched a series of cutting-edge products designed to empower crypto newcomers on their journey towards self-custody. These offerings include the Trezor Safe 3, an easy-to-use hardware wallet available in four captivating colors; the Trezor Keep Metal, a fail-safe backup solution to protect your recovery seed; […]

Chainlink’s ability to connect the blockchain with real-world data is critical to the success of real-world asset tokenization. Despite the current volatility in the broader market, Chainlink remains a promising investment in this exciting new financial landscape. Tokenization of real-world assets (RWA) is a revolutionary trend in financial markets that promises to change the way […]

Crypto analytics firm Glassnode says that liquidity is drying up in the altcoin market as an appetite for risk-on assets declines. In a new analysis, the firm says key altcoin metrics are at cycle lows indicating market weakness. Says Glassnode, “Liquidity continues to dry up across the digital assets as network settlement, exchange interaction and […]

Former Alameda Research chief executive Caroline Ellison says former FTX CEO Sam Bankman-Fried directed her to commit fraud. Ellison said Alameda, the trading arm of FTX, took around $14 billion from the exchange’s customers and used it for investments between 2020 and 2022, according to lengthy court transcripts from Bankman-Fried’s trial released by Inner City Press […]

A former engineer at Alameda Research, the sister hedge fund of FTX, alleges that the firm incurred losses exceeding $190 million due to preventable scams. Aditya Baradwaj, the whistleblower, emphasized the frequent “significant security incidents” resulting from the firm’s fast-paced operations. These allegations were documented in a post titled “The Hacks” on the platform X. […]