@Satoshi, the handle for a verified account under Satoshi Nakamoto, has tweeted for the first time in five years. The user commits to spending the next few months exploring additional important issues about Bitcoin, left out of the original white paper. This unexpected return has sparked curiosity and speculation within the cryptocurrency community, with over …
Category: News
Oct 13 2023
Upbit Saw a 117% Rise in Hacking Attempts in H1 2023
Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023. This figure represents a significant surge, with a 117% rise compared to the same period in 2022. Upbit is one of South Korea’s largest cryptocurrency exchanges, boasting an impressive 24-hour trading volume of approximately $1.2 billion. Other significant …
Oct 13 2023
Ark Invest Updates Spot Bitcoin ETF Filing in Response to SEC Feedback
Ark Invest, led by Cathie Wood, has taken a significant step forward by filing an updated version of its spot Bitcoin ETF prospectus. The move is in response to recent feedback from the U.S. Securities and Exchange Commission (SEC) asking for clarifications on some concerns. Eric Balchunas, a seasoned ETF analyst at Bloomberg, was quick …
Oct 12 2023
BNB Crashes 5% Weekly but How Low Can it Go? Three Things to Watch this Week (Binance Coin Price Analysis)
Binance Coin has not managed to move away from its key support just above $200. The price action also shows that sellers are having the upper hand right now. Prepare for another test of the key support at $206. If that breaks, then BNB’s price will likely move towards $180 next. The bias for BNB …
Oct 12 2023
Brazilian and Serbian Drug Lords Arrested in Brazil
The suspects had links to the ‘Primeiro Comando da Capital,’ the largest Brazilian criminal organization. The suspected gang’s boss is the son of the Serbian narco boss Goran Nešić, also known as Ciga (Gypsy) Goran was extradited to Serbia in 2018 to serve an 8-year jail term for smuggling 24.5 kilos of heroin from Bulgaria. …
Oct 12 2023
Coinbase’s Base Network Surpasses zkSync Era in TVL, Soars 25% to $558M: Data
Base’s total value locked (TVL) hit $558 million for the second time in seven days, surpassing Matter Labs’ zero-knowledge (zk) rollup tech-powered scaling solution, zkSync Era. The current surge in TVL is attributed to the re-minting of native USD Coin (USDC) on the network, bringing the chain’s stash to 159 million USDC. Last month, USDC …
Oct 12 2023
iFinex Launches $150 Million Share Buyback Plan to Compensate Hack Victims: Report
iFinex, the owner of popular cryptocurrency exchange network BitFinex and collaborator with Tether Holdings Ltd, reportedly unveiled a $150 million share buyback plan. This new announcement marks a significant milestone for the company’s growth, history, and efforts to make amends for its tainted history. As per the , iFinex has offered a $10 per share …
Oct 12 2023
Silk Road Founder Ross Ulbricht: A Decade Behind Bars Ignites Controversy
Ross Ulbricht, the founder of the infamous darknet marketplace Silk Road, revealed that he has now spent an entire decade in prison. He took to social platform X to express his fear that he would spend his remaining days trapped within “concrete walls and locked doors.” Supporters on X rallied around him, arguing that his …
Oct 10 2023
Huobi, KuCoin Among Crypto Firms on UK Watchdog’s Radar
The FCA added 145 digital asset companies, including major exchanges Huobi-owned HTX and KuCoin, to its warning list. This decision follows the FCA’s expansion of regulations to include cryptoasset service providers, regardless of their geographical location. In the UK, companies engaged in cryptocurrency operations must either be registered with the Financial Conduct Authority or have …
Oct 10 2023
ChatGPT’s 8 Best Investments to Protect You Against Inflation, Is Crypto Included?
ChatGPT chatbot places gold at the first spot of the eight investment asset classes that can protect people against galloping inflation. “Gold has been used for centuries as a store of value and a hedge against inflation. It tends to be a good investment,” ChatGPT said. The popular AI chatbot placed the precious metal at …