The foundation, which oversees the Sui Network, a Layer 1 blockchain lauded for its impressive scalability, has redirected a whopping 117 million SUI tokens, currently worth $51,313,738, from external market makers. This reallocation aims to nurture the growth of Sui’s community and support the development of various initiatives within its ecosystem. Breaking news! We're reallocating […]

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. _________________________________________________________________ Last week I published a short prompt looking to hear some readers thinking on different covenant proposals. The design space of covenants has rapidly evolved in the last two years […]

The Commodity Futures Trading Commission (CTFC) is reportedly contemplating taking enforcement action against the co-founder of a bankrupt crypto lender. According to a new report by Bloomberg, the CTFC is considering charging Stephen Ehrlich, the ex-chief executive of Voyager, of misleading customers about the safety of their assets after launching an investigation into the troubled […]

Several Dutch cryptocurrency companies, including Bitvavo and Coinmerce (the successor to Binance in the Netherlands), have won a partial victory in their ongoing battle against approximately $2.3 million in fees imposed by Dutch regulators. Legal Victory for Dutch Crypto Firms in Landmark Ruling A Rotterdam court has ruled that the Dutch central bank (DNB) overstepped […]

Cryptocurrency firms are adapting to market uncertainties. … cryptocurrency firms like FTX and Voyager Digital. Ledger Addresses Economic Headwinds …

On day four of the criminal trial of former FTX CEO Sam Bankman-Fried, Gary Wang, who co-founded the now-bankrupt crypto exchange and served as its former chief technology officer (CTO), testified. During his testimony, the former FTX executive revealed details about the connection between the cryptocurrency exchange and Alameda Research. FTX’s Sam Bankman-Fried Allegedly Gave […]

A bearish Ethereum fractal meets lower network activity as Ether’s price struggles to break above $2,000.

Uniswap (UNI) joins latest uptrend with visibly new target price locked

For just .03 Ethereum (about $50), you can buy a photo of a coffin in front of the famed Centre Pompidou. For another .03 ETH, you can buy a picture of that coffin in flames. “The coffin symbolizes what this period has been, which is why it was symbolically burned to represent, through this funereal […]

The hacks against cryptocurrency projects continue in full force, with the latest victim being the Avalanche-based social app – Stars Arena. According to early estimations, the perpetrators have swiped almost all funds (roughly $2.9 million in AVAX) from the platform, which later apologized and raised hopes to make users whole again. Launched about a week […]

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download.  You’re reading a print Bitcoin Magazine so you probably already like Bitcoin, which means you probably don’t like the title or premise of what you’re about to read, and so, […]

The U.S. Securities and Exchange Commission (SEC) is looking to force billionaire Elon Musk to testify in its probe of his purchase of the social media platform X, formerly known as Twitter. In a new litigation release, the regulatory agency says that it has filed an application seeking an order that directs the business magnate […]

New data reveals that deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of Bitcoin (BTC) and other digital assets. According to data from whale-surveying platform Whale Alert, just over $400 million worth of the top crypto asset by market cap has moved to top US-based crypto exchange platform Coinbase or unknown […]

Stars Arena, a decentralized social media platform inspired by Friend.tech, has faced a recent exploit that resulted in the loss of $2,000 worth of Avalanche (AVAX) tokens. The platform, which runs on the Avalanche network, allows users to create and trade digital tickets that represent their social influence. The exploit involved a vulnerability in the […]

Nexo is ending some of its crypto services for clients in the United Kingdom. This is in response to the upcoming regulatory changes imposed by the Financial Conduct Authority (FCA). According to a report by Coindesk, the crypto platform will phase out cashback payouts for transactions on Nexo Exchange and Nexo Card and terminate their […]

This Friday, October 6, approximately 14000 Bitcoin options contracts, with a face value of $400 million, will come to an end.

Binance, the largest crypto exchange in the world, just released its 11th report for its reserves, and the numbers are staggering as always. According to the report, Binance’s XRP holdings, in particular, have increased in the past month. This is evident, as there have been reports of investors depositing XRP into exchanges in the past […]

Finality ensures irreversible transactions — crucial for trust and security — prevents double-spending and fraud, and keeps blockchain records immutable.

CZ has made a start to the ‘global town square for crypto discussions’ in Binance’s new social media section

Galxe, a Web3 credential project, instructed users not to interact with the platform following a security breach on its website. Meanwhile, on-chain sleuth ZachXBT says the hackers are likely the same as the rogue actors that recently attacked Balancer’s front end. Galxe reported the security incident via its official X handle on October 6, asking […]

The below is a piece from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Binance, one of the world’s largest cryptocurrency exchanges, has seen several difficult months of various legal […]

Ethereum (ETH), a forerunner in the decentralized finance (DeFi) ecosystem, has seen a notable surge in its staking activities. This staking boom has raised eyebrows among experts from JPMorgan concerned over ETH’s increase in centralization and the consequences that may arise. Ethereum, aiming to transition to a proof-of-stake consensus mechanism, opened the floodgates for staking. […]

Hundreds of billions of dollars in deposits has left America’s four biggest banks in the past year, according to new data from S&P Global. In a new market report, S&P analysts say the entire US banking industry has lost a total of $872 billion in a year that witnessed the collapse of three large American […]

A top-100 crypto wallet altcoin has surged by more than 22% this week, outpacing the vast majority of the digital asset market. The utility and governance token for the mobile wallet app Trust Wallet (TWT) is trading at $0.946 at time of writing, up from $0.773 one week ago. The 89th-ranked crypto asset is also […]

A closely followed crypto strategist is predicting Avalanche (AVAX) will undergo a massive surge due to one main reason. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,600 followers on the social media platform X that the Ethereum (ETH) rival could increase by more than 12% from its current value. The analyst says that Avalanche is […]

Bitcoin, the world’s first and most well-known cryptocurrency, has received a lot of attention due to its price volatility. While its price has fluctuated dramatically, many people worry whether Bitcoin’s adoption and acceptance in mainstream banking and everyday transactions are purely dependent on its price performance. The Price Volatility of Bitcoin Bitcoin’s path has been […]

Cryptocurrency transfers are nothing new to active traders as they happen quite frequently. What if you are a novice, though?

The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer.

THORSwap announced its decision to shift into maintenance mode following the movement of illicit funds through the platform. It is speculated that the funds shifted through THORSwap were the ones exploited from the FTX exchange not too long ago. After halting the platform, the team at THORSwap made it clear that the platform actively stands […]

Shiba Inu team member has mentioned they plan to organize a Christmas crypto giveaway together with top Shiba Inu partners

Over the past week, Bitcoin price has displayed a notable bullish momentum. This comes after a prolonged consolidation phase during which the leading cryptocurrency remained stagnant below the $27,000 mark for an entire month. However, with the recent breakout and the resurgence of bullish sentiment in the market, experts are now predicting a potential surge that […]

A Tennessean woman says her bank has abruptly frozen tens of thousands of dollars in her account – even after she took additional steps to prove her identity and verify the source of her funds. Torrie Jackson says she and her husband received more than $68,000 in back taxes from the IRS earlier this year, […]