“I don’t think everybody in DC actually fully realizes how powerful the crypto voting community block is. And I think 2024 is an election where the voters of America are really going to hold candidates’ feet to the fire and say, what is your position on crypto?,” Armstrong said during a recent interview with Yahoo Finance. According to Armstrong, roughly…
Month: September 2023
Bitcoin UTXOs echoing March 2020 ‘black swan’ crash — New research
Bitcoin (BTC) is recovering from a “black swan” event last rivaled by the March 2020 COVID-19 crash, data suggests. In one of its Quicktake posts on Sep. 7, on-chain analytics platform CryptoQuant revealed a major spike in loss-making unspent transaction outputs (UTXOs). CryptoQuant: Bitcoin UTXOs in Loss “mirror” March 2020 Bitcoin may be worrying market participants with current BTC price…
AI token trading volume stagnant despite Worldcoin buzz – Kaiko data
While the debut of Worldcoin drew attention to artificial intelligence-powered tokens(AI-tokens), recent trading data from Kaiko indicates that these AI tokens have shown resilience despite the controversy surrounding Worldcoin’s launch. According to recent Kaiko data, the trading volume of AI-related tokens remained stagnant during the past month. The examination revealed a moderate increase in the trading volume of AI tokens…
3 reasons why Pepe price will continue to fall in September
Pepecoin (PEPE) price has crashed nearly 85% from its record high of $0.00000448 in May 2023. What’s more, its bearish momentum is likely to continue in September. Back-to-back Pepecoin security breaches Pepecoin has suffered two concerning security breaches in the last two weeks. First, on Aug. 24, Pepecoin’s rogue founding team members transferred $16 million worth of PEPE tokens to…
Terra Luna Classic contemplates deposit hike to curb spam proposals
The Terra Luna Classic is presently voting on multiple proposals, with concerns raised about an uptick in “spam” proposals following a decline in LUNA prices. A new proposal seeks to raise the minimum deposit requirement from 1 million LUNA to 5 million LUNA, with expectations of a potential price increase ahead of the upgrade. The proposal 11780, titled “Initiative to…
1 in 4 investment firms assign senior execs to digital assets: Report
An increasing number of investment firms in the United States and Europe are appointing senior executives to lead digital asset investment strategies, based on the findings of a market intelligence firm. According to a recent Amberdata report titled ‘Digital Assets: Managers’ Data Infrastructure Fuel,’ 24% of asset management firms have adopted a digital assets strategy, with an extra 13% planning…
10 years later, still no Bitcoin ETF — but who cares?
The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create. Source: https://cointelegraph.com/public/index.php/news/10-years-later-no-bitcoin-etf
Vitalik Buterin's X account hacked, draining over $691K from victims' wallets
Following the breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malici… Source: https://cointelegraph.com/public/index.php/news/ethereum-vitalik-buterin-x-hackers-drain
Vitalik Buterin’s X account hacked, draining $691K+ from victims : Report
Vitalik Buterin, co-founder of Ethereum (ETH) had his X (formerly Twitter) account compromised, which, according to social media reports, resulted in victims losing over $691,000 through malicious links. In a Sept. 10 post on X, Dmitry Buterin, the father of Vitalik Buterin, announced that his son’s account has been compromised: “Disregard this post, apparently Vitalik has been hacked. He is working on…
Binance’s exec exodus, Nasdaq to trade AI orders, and more
Top Stories This Week Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list A key talking point in the crypto community has been the ongoing exodus of executives from Binance amid growing regulatory troubles. Binance has seen the departure of 10 key executives from various departments in the first nine months of 2023. The latest to…