Maestrobots, a group of cryptocurrency bots on the Telegram messenger, is refunding users in the aftermath of a 280 Ether (ETH) attack. The Maestro team refunded the users affected by the Maestro Router 2 contract, the platform announced on X (formerly Twitter) on Oct. 25. According to the announcement, Maestrobots paid a total of 610 ETH in its own revenue…
The Central Bank of Spain joined a chorus of European banking institutions, preparing their customers for all the benefits of the “digital euro.” The Bank of Spain last week published a short text explaining the nature and uses of the European Union’s potential central bank digital currency (CBDC). The bank claims that the physical format of cash “does not allow…
The United States Securities and Exchange Commission has fined investment adviser BlackRock Advisors, LLC $2.5 million, accusing it of failing to accurately describe investments in the entertainment industry that comprised a significant portion of a publicly traded fund it managed. According to the SEC’s filing, between 2015 and 2019, BlackRock Multi-Sector Income Trust (BIT) made sizeable investments in a print and advertising…
The crypto market is no stranger to volatility, and this week has been no exception. While Bitcoin stole the spotlight, fueled by the recent excitement surrounding the possible introduction of spot ETFs, several altcoins have also made significant moves Among them is MINA, the native token of the Mina Protocol, which saw an impressive surge of nearly 120% in just…
Fantom co-founder Andre Cronje is hoping to give blockchain technology as we know it a facelift. “Blockchain technology is stuck in the eighties,” he told Decrypt. “The internet and tech back then were predominantly used for financial applications simply because financial transactions were the only thing that made economic sense to digitize.” Cronje added that today’s standards mean those kinds…
These options reportedly encompass selling the entire exchange, including its extensive customer base of over 9 million, to the potential of forming a partnership with another entity to revive the platform. Source: https://cointelegraph.com/news/ftx-post-bankruptcy-options-sale-or-revival
Bitcoin (BTC) faces a “trigger” moment which keeps a $1 million BTC price tag in play, one of its household names says. In a blog post titled “The Periphery” released on Oct. 24, Arthur Hayes, former CEO of crypto exchange BitMEX, said that Bitcoin is already warning markets about the future. “Global wartime inflation” to drive Bitcoin, gold price With…
Cryptocurrency rug pulls are not too difficult to be spotted by investors as the majority of such scams usually share distinct and visible features, according to a new report. Blockchain security auditor Hacken on Oct. 25 released its latest security insights report, aiming to spot the trends in Q3 crypto hacks and evaluate how affected projects approached security. The report…
The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules proposed in August 2023. The public consultation will last until Nov. 13. The “Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions” were made public on Aug. 29. According to the regulations, brokers will…
Currently, a 74% increase takes Bitcoin to over $59,000 and that doesn’t factor in “second-order effects,” says Galaxy Digital. Source: https://cointelegraph.com/app/public/index.php/news/galaxy-digital-soaring-bitcoin-price-increase-after-etf-launch
