Cryptonews

Venezuelan Police Raid Uncovers Bitcoin Mining Machines, Rocket Launchers In Prison

Fri, 22 Sep 2023 23:02:00 +0000

The Venezuelan Police seized Bitcoin (BTC) mining hardware, rocket launchers and a ton of other items as it recaptured the Tocoron prison which has been under the control of inmates.
On Sept 21, the troops disclosed that alongside Bitcoin mining hardware, dangerous weapons such as machine gun ammunition belts, buckets of bullets, snipers, explosives and rocket launchers. ...
Read More: Venezuelan Police Raid Uncovers Bitcoin Mining Machines, Rocket Launchers In Prison

Major European Crypto Asset Manager CoinShares to Launch US Division

Fri, 22 Sep 2023 22:55:00 +0000

Popular crypto asset manager CoinShares has announced the launch of a crypto operation in the United States.
According to a press release on GlobeNewswire dated September 22, the new US operation will be called CoinShares Hedge Fund Solutions and will solely cater to cryptocurrency investors. This is despite a hostile crypto climate in the North American country....
Read More: Major European Crypto Asset Manager CoinShares to Launch US Division

South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets

Fri, 22 Sep 2023 22:25:00 +0000

South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app.
The app lets fans purchase tickets for various events, including K-pop concerts and other shows, in the form of Avalanche NFTs on SK Planet's private Avalanche subnet, launched earlier this year....
Read More: South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets

Biggest Crypto Gainers Today on DEXTools – BEAR, CAL, MANE

Fri, 22 Sep 2023 21:23:00 +0000

Bitcoin (BTC) is consolidating in the $26,600s on Friday, roughly in line with where it started the week as traders digest recent macro developments, like a further push higher in US yields to new multi-year/decade highs in wake of this week’s hawkish leaning Fed policy announcement....
Read More: Biggest Crypto Gainers Today on DEXTools – BEAR, CAL, MANE

6.8% of Nansen's Third-party Vendor Impacted By Cyber Attack – What Happened?

Fri, 22 Sep 2023 21:15:00 +0000

On-chain insights platform Nansen has revealed that a third-party vendor's system has been compromised. As a result, about 6.8% of the customers' data have been affected.
Providing more details, the blockchain analytics platform stated that the event occurred on September 20, but it declined to mention the vendor impacted by the security breach. ...
Read More: 6.8% of Nansen's Third-party Vendor Impacted By Cyber Attack – What Happened?

Google Cloud Enhances Access to Blockchain Data, Adds 11 Networks

Fri, 22 Sep 2023 20:25:00 +0000

Google Cloud has announced an addition of 11 blockchains to its ‘BigQuery’ program for datasets in a bid to provide easy access to blockchain data.
In an official statement on Sept 21, the company disclosed the 11 new networks: Avalanche, Near, Fantom, Optimism, Polygon, Polygon Mumbai Testnet, Tron, Cronos, Arbitrum, and Ethereum Görli testnet.
The cloud service provider cited the need for developers to have access to a variety of public datasets as they query more chains. ...
Read More: Google Cloud Enhances Access to Blockchain Data, Adds 11 Networks

Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?

Fri, 22 Sep 2023 19:11:00 +0000

Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.
Amid a volatile year for cryptocurrencies, the stablecoin sector has experienced a sustained decline. As reported by CCData, the decrease has persisted for 18 months, causing market dominance to fall to 11.6% as of September. The downward trend has had investors and market watchers questioning the factors contributing to the decline....
Read More: Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?

Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume

Fri, 22 Sep 2023 19:00:00 +0000

In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.
Post.Tech operates much like its predecessor, Friend.Tech, offering token-gated channels where users can buy and sell access tokens.
Both platforms charge a 10% fee on transactions, split evenly between the app and the channel's owner....
Read More: Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume

FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial

Fri, 22 Sep 2023 18:00:00 +0000

A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.
On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.
"We reject [Bankman-Fried's] contention that the district court failed to consider a less restrictive alternative to detention," the court ruled. ...
Read More: FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial

Tether Reneges on Loan Promise: Lends $5.5 Billion in Stablecoins Despite Earlier Pledge

Fri, 22 Sep 2023 18:00:00 +0000

Tether, the company behind the popular USDT stablecoin, has raised eyebrows in the crypto community by lending out $5.5 billion in stablecoins, despite its earlier promise to halt such loans by the end of 2023, according to a Wall Street Journal report.
This revelation has raised questions about Tether's ability to handle a potential rush of redemptions and highlights its increasing dominance in the stablecoin market, while its top competitor, USDC, has been losing market share....
Read More: Tether Reneges on Loan Promise: Lends $5.5 Billion in Stablecoins Despite Earlier Pledge

Bitcoin Price Prediction as Trading Volume Surges Past $13 Billion as Interest in Crypto Comes Back – Time to Buy?

Fri, 22 Sep 2023 17:59:00 +0000

As the crypto landscape experiences renewed enthusiasm, the trading volume of Bitcoin has surged, surpassing $13 billion.
The live price of Bitcoin today stands at $26,575, reflecting a subtle decline of less than 0.50% in the last 24 hours.
According to CoinMarketCap, Bitcoin firmly holds its position as the top-ranked cryptocurrency, boasting a market capitalization of $518 billion. ...
Read More: Bitcoin Price Prediction as Trading Volume Surges Past $13 Billion as Interest in Crypto Comes Back – Time to Buy?

Is Rollbit Going to Zero? RLB Price Loses 40% as New Telegram Casino Project Goes Viral – 100x Potential?

Fri, 22 Sep 2023 17:59:00 +0000

After posting three consecutive months of gains, Rollbit Coin (RLB) suffered a dramatic reversal in September, with prices plunging 40% so far amidst declining trading volumes.
With RLB hovering precariously near crucial support levels, investors are left asking whether this selloff marks a bottom or if the coin still has further room to fall in the weeks ahead....
Read More: Is Rollbit Going to Zero? RLB Price Loses 40% as New Telegram Casino Project Goes Viral – 100x Potential?

Arno Bauer, Senior Solution Architect at BNB Chain, on opBNB, Ethereum Killers, L1s, L2s, and Bitcoin | Ep. 267

Fri, 22 Sep 2023 14:36:00 +0000

In an exclusive interview with cryptonews.com, Arno Bauer, Senior Solution Architect at BNB Chain, talks about BNB’s new layer-2 testnet called opBNB, how Greenfield is a leader in programmable storage, and the current outlook on L1s & L2s. ...
Read More: Arno Bauer, Senior Solution Architect at BNB Chain, on opBNB, Ethereum Killers, L1s, L2s, and Bitcoin | Ep. 267

Is It Too Late to Buy ImmutableX? IMX Price Rockets Up 30% as Whales Start Accumulating and Meme Kombat Could Be the Next Crypto to Explode

Fri, 22 Sep 2023 14:33:00 +0000

IMX has exploded +30% over-night in a sensational move driven by a massive influx of volume on South Korean crypto markets, the native token of the ImmutableX NFT platform is now poised to test resistance at the 200DMA - leaving some asking 'is it Too Late to Buy ImmutableX'?
A tsunami of more than $617m in 24-hour trading volume on the Upbit and BW exchanges triggered a jaw-dropping +38.1% move as markets became invigorated by a critical reclamation of the 20DMA....
Read More: Is It Too Late to Buy ImmutableX? IMX Price Rockets Up 30% as Whales Start Accumulating and Meme Kombat Could Be the Next Crypto to Explode

Resurfaced Video From 1998 Shows Alleged Bitcoin Creator Hal Finney Discussing Cryptographic Technology

Fri, 22 Sep 2023 13:08:00 +0000

A recently resurfaced video from 1998 has stirred up speculations regarding the alleged involvement of Hal Finney, an American software developer and early Bitcoin pioneer, in the creation of the flagship cryptocurrency.
The footage captures Finney discussing zero-knowledge proofs during the 18th annual International Cryptology Conference at the University of California, Santa Barbara....
Read More: Resurfaced Video From 1998 Shows Alleged Bitcoin Creator Hal Finney Discussing Cryptographic Technology

Crypto Platform Bybit to Suspend UK Operations Starting October 8 – What's Going On?

Fri, 22 Sep 2023 12:25:00 +0000

Digital assets exchange Bybit, which cited early this month that new marketing rules in the UK would hinder its operations, will no longer accept new account applications from UK residents, starting October 1.
The new rules, announced by the UK’s Financial Conduct Authority (FCA), apply to all crypto promotions including the ban on incentives like referral bonuses. The regulator said that the rules will come into effect from Oct. 8....
Read More: Crypto Platform Bybit to Suspend UK Operations Starting October 8 – What's Going On?

GOLD Token Keeps Going Higher After a 20,000% Pump and Crypto Experts Say This Lesser Known Meme Coin is Next – Here's Why

Fri, 22 Sep 2023 11:40:00 +0000

As On-Chain trading activity continues to flourish amid a surge in Telegram sniper bots, GOLD token has emerged as the latest breakout following a dramatic +20,000% skyrocket move.
Recent weeks have seen a huge trend in explosive DEX launched tokens, with countless pump-and-dump moon-shots including PogeX, Trump2024, Thing, Jinbe and шайлушай....
Read More: GOLD Token Keeps Going Higher After a 20,000% Pump and Crypto Experts Say This Lesser Known Meme Coin is Next – Here's Why

Terra Luna Classic Price Prediction as LUNC Blasts Up 9% and Becomes Best Performer – What's Going On?

Fri, 22 Sep 2023 11:12:00 +0000

The price of Terra Luna Classic (LUNC) has jumped by nearly 9% in the past 24 hours, following the acceptance of two governance proposals that would help boost it and its sister stablecoin, USTC.
At $0.00006136, LUNC is up by 7% in a week but down by 4% in the last 30 days, with the altcoin also having declined by 57% since the beginning of the year....
Read More: Terra Luna Classic Price Prediction as LUNC Blasts Up 9% and Becomes Best Performer – What's Going On?

High Gas Fees Alert: Binance Wallet Records $840,000 in Abnormal Ethereum Charges

Fri, 22 Sep 2023 11:02:00 +0000

The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”
While the Ethereum network's average gas fee hovered around 10 gwei, Binance’s transactions consistently paid fees exceeding 300 gwei, or around 30 times higher than what was needed.
300 gwei equals around $10....
Read More: High Gas Fees Alert: Binance Wallet Records $840,000 in Abnormal Ethereum Charges

Binance Sounds the Warning: EU's MiCA Law May Lead to Stablecoin Removals – What's Going On?

Fri, 22 Sep 2023 10:26:00 +0000

Binance has raised concerns about the potential delisting of stablecoins in Europe due to the upcoming implementation of the European Union's Markets in Crypto Assets (MiCA) regulation.
“We are heading to a delisting of all stablecoins in Europe on June 30,” given that no project has yet been approved, Marina Parthuisot, head of legal at Binance France, told an online public hearing hosted by the European Banking Authority (EBA). ...
Read More: Binance Sounds the Warning: EU's MiCA Law May Lead to Stablecoin Removals – What's Going On?