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1 year ago
Scammer Steals $385K in Ether Through SIM Swapping
A hacker has managed to steal 234 Ether (ETH) worth approximately $385,000 in less than 24 hours by manipulating the SIM cards of four Friend.Tech users. The victims reported that the scammer was able to switch…
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1 year agoBond Market Sell-Off Continues as US NFP Data Looms; Shiba Memu Token Sale Thrives
The bond market has been in a sell-off as traders await the upcoming US non-farm payrolls (NFP) data. The 30-year treasury yield has jumped to 4.90% and the 10-year to 4.80%, leading to a retreat in American…
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1 year agoEl Salvador Launches First Local Bitcoin Mining Pool "Lava Pool
El Salvador has taken a major step forward in its ambition to use renewable energy sources for cryptocurrency mining by launching its first local Bitcoin mining pool, “Lava Pool”. Spearheaded by Volcano Energy in…
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1 year agoLitecoin Bulls Line Up Ahead of Possible Breakout to $70
Litecoin (LTC) is currently trading at $64 and has seen a 1.5 percent rise in the last 7 days. The digital asset has been mirroring Bitcoin’s price movement and is looking to break out of the $70 local r…
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1 year agoSEC Initiates Legal Proceedings Against Elon Musk for Non-Compliance with Subpoena
Elon Musk is facing legal proceedings from the U.S. Securities and Exchange Commission (SEC) for failing to comply with a subpoena. The SEC is investigating whether Musk violated federal securities law with his…
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1 year agoFTX Collapse: Former CTO Testifies in Criminal Trial of Ex-CEO SBF
Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, testified in the criminal trial of former CEO Sam “SBF” Bankman-Fried on October 5. Wang admitted to committing cri…
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1 year agoXRP Wallets Surpass 4.8 Million Following Ripple Court Victories
Ripple and its XRP token have been gaining significant attention recently, following a key court win in July. This victory has caused the total number of XRP wallets to surpass 4.8 million. The crypto firm…
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1 year agoBitcoin Price Predicted to Reach $1 Million by 2026: BitMEX Co-Founder Arthur Hayes
Arthur Hayes, co-founder of BitMEX and macro-analyst, recently predicted that Bitcoin’s price will reach between $750,000 and $1,000,000 per coin within 3 years. His prediction is based on the idea that all f…
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1 year agoTrust Wallet Token Set for 15% Rally After Double Bottom Setup
Trust Wallet token (TWT) rose 10% to $0.90 on Oct 5, bringing its overall weekly gain to 25%. The TWT bulls are not through, as the coin eyes another 15% rise in the coming weeks due to a technical setup. TWT…
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1 year agoBitKey Bitcoin Wallet Beta Nears Distribution, Images Surface
Images of a Bitcoin wallet, BitKey, developed by Jack Dorsey’s company, Block Inc., have surfaced as reports suggest that the product’s beta is nearing its distribution stage. The wallet is designed with sel…
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1 year agoFormer Chief Risk Officer Raises Concerns Over Special Privileges Granted to FTX Affiliate
Julie Schoening, former chief risk officer at FTX-owned LedgerX, was terminated in August 2022 after raising concerns about special privileges granted to FTX’s affiliated trading firm Alameda Research. In May 2…
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1 year agoFormer CEO Confirms Knowledge of Customer Funds Usage at Alameda Research
Alameda Research, the parent company of FTX, has been accused of using customer funds without their knowledge. According to The Wall Street Journal, some U.S.-based employees of FTX reportedly knew that the…
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1 year agoBitcoin Could Reach $1 Million by 2026, Predicts BitMEX Co-Founder
Arthur Hayes, the co-founder of BitMEX, has made a bold prediction for the future of Bitcoin, asserting that the Federal Reserve’s potential return to money printing could send the leading cryptocurrency on a s…
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1 year agoSEC Could Approve Spot Bitcoin ETF Within Months, BlackRock May Face Competition
Steven Schoenfield, former BlackRock managing director and current CEO of MarketVector Indexes, predicted that the U.S. SEC will approve a Spot Bitcoin ETF within three to six months during a panel discussion on…
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1 year agoJudge Denies SEC Motion to Appeal Ruling on XRP Token Sales
The U.S. Securities and Exchange Commission (SEC) has been denied its motion to appeal a ruling that retail sales of XRP tokens do not constitute a security offering. District Court Judge Analisa Torres rejected…
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1 year agoEl Salvador Launches Geothermal Bitcoin Mining Pool
El Salvador is launching Lava Pool, the nation’s first Bitcoin mining pool powered by renewable geothermal energy. The venture is a collaboration between energy company Volcano Energy and tech corporation Luxor T…
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1 year agoBitcoin Rejects $28,000 Retest, Drops 2.5%
Bitcoin (BTC) saw a swift comedown after a failed attempt to reach $28,000 on October 5th. Data from Cointelegraph Markets Pro and TradingView showed that the market dropped up to $700, or 2.5%, after the…
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1 year agoCrypto Bull Market Expected in Q2 2020: Macro Factors to Lead Uptrend, Says Raoul Pal
Raoul Pal, CEO of Real Vision and macro investor, believes that the next crypto bull market will begin in Q2 of next year, coinciding with the Bitcoin halving. He believes that macroeconomic factors, such as…
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1 year agoEthereum Exchange Supply Hits 5.5-Year Low After $181 Million Outflow
Ethereum has recently seen a large exchange outflow, with 110,000 ETH (worth around $181 million) being withdrawn from centralized exchanges. This is the largest outflow since August 21st and the lowest supply on…
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1 year agoSam Bankman-Fried Trial: Former Roommate Testifies on $8 Billion Deficit at FTX
Sam Bankman-Fried, the former CEO of crypto exchange FTX, is currently on trial for alleged fraud. On the third day of the trial, Adam Yedidia, Bankman-Fried’s former roommate at MIT and FTX developer, testified a…
