Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry. Yuga Labs CEO Daniel Alegre took to X (formerly Twitter) on Oct. 17 to report that the company has finalized its restructuring that was announced in early October. “We […]

Bitcoin tried its hand at taking down the $29,000 level once again hours ago but was stopped in its tracks and currently sits several hundred dollars below it. However, its dominance over the altcoins keeps rising to new multi-month peaks, as most of the alts are sitting in the red now. BTC Fails at $29K […]

Canadian police have issued a warning to citizens in Calgary, Alberta, about the rise in cryptocurrency scams. Residents have reported losing over …

41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study.

Widely followed crypto analyst Benjamin Cowen is warning that Bitcoin (BTC) could see a significant price drop before next year’s halving event in April 2024. In a new interview with Scott Melker, Cowen says Bitcoin has historically collapsed by 50% in the lead-up to a halving event. Whlie the analyst doesn’t specifically predict such a […]

Massive return of Bitcoin whales might create some issues

Announced today, Mash and TFTC revealed they have joined forces to shake up online media monetization and user engagement, introducing a suite of tools powered by Bitcoin and the Lightning Network.  This partnership also marks the relaunch of the TFTC publishing platform, now featuring curated content from authors like Parker Lewis, Jordan Schachtel, and Whitney Webb. […]

Ethereum co-founder Vitalik Buterin has reportedly transferred $14.93 million worth of USD Coin (USDC) to the cryptocurrency exchange Gemini. The transaction was detected by blockchain analytics firm PeckShield and independently verified. #PeckShieldAlert #vitalik.eth haas transferred ~15M $USDC (Multisig Contract 0xf207…D5a3) to #Gemini pic.twitter.com/6FZGKLKg9Z — PeckShieldAlert (@PeckShieldAlert) October 17, 2023 The funds were originally received from […]

Amid an ever-changing crypto market, investors and enthusiasts have been observing a significant decline in trading volumes during the month of September 2023. According to recent reports, trading volumes on centralized crypto exchanges have plummeted during the month of September, marking their lowest levels since October 2020. This decline has been reflected in both spot […]

Mastercard, a multinational payment technology company, recently announced its entry into the world of Central Bank Digital Currencies (CBDCs). The company is now actively testing the tokenization of CBDCs, which has the potential to change the way digital currencies are utilized in everyday transactions. Understanding CBDC Tokenization Before delving into Mastercard’s involvement, it’s critical to […]

Two Fantom Foundation wallets on Ethereum and the Fantom Network have fallen victim to a phishing attack, losing over $650,000, according to reports from CertiK, a blockchain security firm. Another report by “Spreakaway” on X alleges that one of Fantom’s team members also lost $3.4 million. Fantom Foundation Falls Victim To Phishing Attack Fantom Foundation is a non-profit organization […]

The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields.

Cardano (ADA) creator Charles Hoskinson says that the real battle in digital assets is now between cryptocurrencies and central bank digital currencies (CBDCs). In a new Coin Bureau interview, the chief executive of Input Output Global warns of the dangers of CBDCs and extolls the key principles of decentralized crypto. “It’s not a game of […]

The foundation behind the Ethereum (ETH) rival Fantom (FTM) just suffered a major exploit, according to blockchain security experts. According to posts on social media platform X from CertiK Alert, wallets belonging to the Fantom Foundation have just been drained of ETH and FTM. “Fantom Foundation wallets have been drained on Ethereum and Fantom So […]

Anthony Scaramucci, a notable investor, has three compelling reasons for his bullish stance on Bitcoin, the largest cryptocurrency. All of them …

The recent Israel-Palestine conflict has intensified the scrutiny of crypto transactions in the United States. This is predominantly due to reports suggesting militant groups, including Hamas, received financing via cryptocurrencies. The link between cryptocurrencies and the financing of global security threats is reshaping political discourse around crypto legislation. US Anti-Crypto Bill Gains Ground Hamas reportedly […]

Digital asset investment products attracted inflows for the third week in a row, totaling $15 million. However, trading volumes remain 27% below the 2023 average. Over the past week, Bitcoin saw inflows of $16 million, bringing the year-to-date inflows to $260 million, while short BTC products also received $1.7 million. Altcoins, however, did not have […]

Binance removes enormous amount of BNB from circulation, and price starts moving

One of the biggest inherent limitations to the Lightning Network is the limited number of channels that can be opened or closed per block given the blocksize limit. Regardless of how many transactions can occur off-chain how cheaply, this is a fundamental bottleneck restricting how many people could actually realistically use the Lightning Network. Even […]

An altcoin running on the Ethereum (ETH) blockchain looks poised to give up a significant part of its massive gains in the last two months, according to a widely followed analyst. Pseudonymous analyst Altcoin Sherpa tells his 196,800 followers on the social media platform X that the native asset of the decentralized oracle Tellor Tributes […]

The crypto custodian firm BitGo has acquired HeightZero, a software platform tailored for wealth managers looking to integrate cryptocurrencies and digital assets into their clients’ portfolios. While the financial details of the deal were not disclosed, this development highlights BitGo’s ambition to expand its presence in the cryptocurrency space. Mike Belshe, the CEO of BitGo, […]

In 2012, a staggering 50,000 Bitcoin (BTC) were stolen from the infamous Silk Road, an illicit dark web marketplace. Over the years, the value of the stolen BTC skyrocketed to $3 billion, making it one of the most significant mysteries in cryptocurrency. However, nearly a decade later, a critical mistake by the thief led to […]

The proposed regulations are currently open to the public for comments, and if approved, they will come into effect by Jan. 1, 2025.

Solana (SOL), one of the most prominent cryptocurrencies on the market, has been in the spotlight due to a technical pattern that could herald an exciting resurgence. This article explores the main ideas behind this development and the key details. After reaching a high of $260 in November 2021, Solana saw a significant decline in […]

Ethereum had a difficult year, with regular challenges from central authorities to experiencing price surges now and then. Despite striving for development, market entrance, and improvement of traditional assets, Ethereum still needs time to stand against the competition. It would be a waste for such a rich ecosystem to go to waste, where NFTs, DAOs, […]

MyEG Services Bhd's blockchain developer Zetrix is launching an initial exchange offering (IEO) on cryptocurrency exchange Coinstore.

ProShares is gearing up to introduce a unique offering to the market. The firm recently launched three Ethereum futures ETFs and is now preparing to debut the ProShares Short Ether Strategy ETF (SETH). This new ETF is poised to launch in early November, just a few weeks after the initial Ethereum futures ETFs debuted. ProShares […]

Bitcoin (BTC) took 8% dive following now-debunked report of SEC approving BlackRock’s iShares Bitcoin ETF

Decentralized finance (DeFi) protocol Platypus Finance said it had recovered 90% of assets that were stolen in a security breach last week. According to the October 17 announcement, developers said the protocol’s net loss was limited to “18,000 Avalanche,” worth $167,400 at the time of publication. As the hacker voluntarily returned the funds, Platypus Finance […]

Lawyers representing former FTX CEO Sam “SBF’ Sam Bankman-Fried conducted their cross-examination of Nishad Singh, pressing the former engineering director on events leading to Alameda Research using funds from the crypto exchange. According to reports from the courtroom on Oct. 17, Singh admitted “there was a lot” he didn’t remember from June to July 2022 […]

Institutional investors are taking a bold step into the world of Ordinals as the sector’s first managed fund goes live, promising to actively trade and invest in Ordinals-related assets. Led by portfolio manager L. Asher Corson from Consolidated Trading, the Unbroken Chain fund has already secured significant partnerships and is poised to raise $5 million […]

The European Securities and Markets Authority (ESMA), the EU’s financial watchdog, today (Tuesday) issued statements urging member states and market participants to prepare for the transition to the Markets in Crypto-Assets Regulation (MiCA). The regulation aims to standardize crypto-asset activities across the EU, enhancing consumer safeguards and market stability. ESMA’s Crypto Call to Action ESMA […]