OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. In an Oct. 6 thread on X, the anonymous account […]

The rapidly evolving crypto market is set to witness yet another milestone as Deribit, the world’s preeminent crypto options exchange, prepares to launch options contracts for XRP, Solana (SOL), and Polygon (MATIC). Given the dominating position of Deribit in the options sphere, this inclusion could have noteworthy ramifications on the pricing dynamics of XRP. Deribit […]

Cryptocurrency exchanges, including Binance and OKX, have embarked on measures to adhere to the United Kingdom’s new Financial Promotions (FinProm) Regime, implemented by the Financial Conduct Authority (FCA) on October 8. The regulations aim to ensure fairness, transparency, and cleanliness in cryptocurrency promotions. UK Cryptocurrency Regulations: Challenges and Compliance Efforts for Global Firms On October […]

Following a significant security breach in September, Huobi Globals HTX has successfully reclaimed stolen cryptocurrency funds.

Billionaire investor Ray Dalio says that the “cash is trash” mantra is no longer true amid significant shifts in the macroeconomic landscape. In a new discussion at the Greenwich Economic Forum, Dalio says financial conditions have changed enough in the last several years that cash is now a “relatively attractive asset class,” at least for […]

Negotiators in the EU are reportedly considering additional restrictions for large AI models – like OpenAI’s GPT-4- as a component of the forthcoming AI Act.

Elliptic analysts had predicted that the amount laundered through DEXs, bridges, and coin swaps would rise to $6.5 billion by the end of 2023 and $10.5 billion by 2025. Blockchain analytics platform Elliptic has found through recent on-chain analysis that criminals, including the notorious North Korean hacking group Lazarus, have laundered approximately $7 billion of […]

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Galxe’s website went offline for almost an hour just 40 minutes after suffering a security breach that affected its DNS record. According to the announcement, Galxe warned users from visiting the website until the situation was thoroughly resolved. Later on, many users wondered if the website was safe to use again, and Galxe clarified that […]

HTX, Huobi Global’s crypto exchange, has recently announced the return of the funds that were stolen back in late September and issued a bounty after resolving the issue. Back then, one of the exchange’s hot wallets was drained of almost 5,000 ETH tokens which accounted for almost $8 million at that time. HTX tried contacting […]

Bitcoin’s (BTC) market structure is currently suggesting that an uptrend is now underway, according to crypto analyst Jason Pizzino. In a new strategy session, Pizzino tells his 290,000 YouTube subscribers that if BTC can convincingly settle above the $28,400 mark, a strong upward surge will likely form afterward. $28,400 is that key level, but it […]

Kozhikode police investigate ₹2.85 crore cryptocurrency fraud. Businessman cheated after responding to Instagram promotional campaigns.

Yuga Labs CEO Daniel Alegre said the firm was stretching itself thin by taking on too many projects and will now focus on its core aims with a smaller team.

Recent research conducted by the crypto market intelligence firm Messari has revealed that crypto fundraising in the third quarter of 2023 declined to levels last seen in the final quarter of 2020. According to the State of Crypto Fundraising report, the last quarter recorded new lows in both funding amounts and deal counts. The overall […]

Dogecoin, which began as a meme cryptocurrency, has demonstrated that it can compete successfully in the crypto market. Although Dogecoin is still the biggest meme crypto, on-chain data points to the crypto losing steam among whale investors. According to data from IntoTheBlock, the number of Dogecoin transactions valued at $100,000 or more has declined sharply […]

Billionaire investor Bill Ackman is issuing a warning, saying that there’s an imbalance between buyers and sellers of US government bonds. In a new CNBC Television interview, Ackman says there are plenty of reasons why the Federal Reserve could make abrupt changes to its benchmark interest rates. According to the billionaire, the US bond market […]

Prominent Bitcoin advocate says his old forecast about DeFi failure has come true

The "Cryptocurrency BankingMarket Trends and Insights" report has been released on Orbisresearch.com's store. The Global Cryptocurrency Banking …

He suggested that such sympathizers should not be considered for interviews with prominent television shows like CBS’s 60 Minutes.

Stablecoins have endured an 18-month-long decline, with their market cap shrinking by 35% since May 2022, as reported by DefiLlama. During this period, the sector has had to deal with increased regulatory uncertainty and scrutiny from regulators globally. In September, CCData, a crypto research firm, reported a 28.4% decrease in stablecoin trading volume on centralized […]

Web3 social media platform Stars Arena faced back-to-back security challenges during the past week as its popularity soared. The incident has divided the crypto community’s faith in the project, with many questioning its platform’s security strength. Two Exploits in One Week On October 5, Stars Arena suffered a vulnerability that allowed an attacker to move […]

A widely followed crypto analyst says that a number of high timeframe indicators are currently suggesting that Bitcoin’s (BTC) bear market is over and an expansion upward is imminent. Pseudonymous analyst TechDev tells his 418,000 followers on the social media platform X that Bitcoin is in the same situation now that it was before the […]

In a recent post on the social platform X, Ross Ulbricht, the founder of the infamous darknet marketplace Silk Road, revealed that he has now spent an entire decade in prison. Ulbricht, currently serving a double life sentence, has been controversial since his arrest in 2013. Debate Erupts Over Ulbricht’s Punishment On Oct. 2, Ulbricht […]

The co-founder of bankrupt digital asset exchange FTX says that its sister firm Alameda had been using billions of dollars worth of FTX customer assets for trading purposes as early as 2019. According to lengthy court transcripts released by Inner City Press on the social media platform X, FTX co-founder Gary Wang was recently questioned […]

Bitcoin might have difficulty breaking through a key resistance zone of its own accord, end-of-week analysis predicts.

Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido’s dominance in the ETH staking market.  Coinbase Accounts For 14.1% Of ETH Staking Activity – Report According to Wu, a […]

Previously dormant Bitcoin (BTC) address holding roughly $140 million sprang to life, executing transfer split across three addresses

Boulder Office of Disaster Management in Colorado said its Twitter account was hacked before dozens of posts promoting cryptocurrency were made …

Alternative layer-1s attempting to dethrone Ethereum (ETH) might be running on borrowed time, according to Bloomberg crypto market analyst Jamie Coutts. Coutts says on the social media platform X that the rise of Ethereum layer-2s (L2s) is helping to take revenue away from ETH competitors. “The rise in L2s has meant that the Ethereum network […]

A social finance (SocialFi) platform built on Avalanche (AVAX) has suffered losses after bad actors targeted a smart contract vulnerability.  Stars Arena allows content creators to monetize their expertise by selling tickets or shares to their followers using AVAX tokens to facilitate the sale.  In a post on social media platform X, cybersecurity firm Peckshield […]

BitMEX co-founder Arthur Hayes says two key catalysts will spark an “epic” bull market for the digital assets industry. In a new interview with Crypto Banter, Hayes says that the commercialization of artificial intelligence (AI) and historic money printing by the Federal Reserve will lead to a massive bull run for crypto assets. “So I […]

Whales are some of the most relevant entities in the Bitcoin market because of their potential influence on the Bitcoin price through large-volume transactions. Investors and traders often look out for whale transactions, which can trigger a domino effect on the market. In one of such developments, recent on-chain data revealed that a particular whale […]