Ethereum staking returns are expected to exceed U.S. interest rates in the coming year, a shift that could bolster Ethereum’s price as investors seek higher yields. Driven by falling rates and rising transaction fees on the Ethereum network, shifting market dynamics are expected to narrow the gap between Ethereum staking returns and traditional risk-free rates in the coming quarters. The…
Gavin Newsom has vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California. Source: https://cointelegraph.com/news/california-governor-vetoes-controversial-ai-safety-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques. Malicious […] Source: https://news.bitcoin.com/malicious-crypto-stealing-app-exposed-on-google-play/
Ethereum-based projects should have metrics to strive toward to ensure they are collectively “building something that feels like one Ethereum ecosystem.” Source: https://cointelegraph.com/news/ethereum-needs-metrics-make-ethereum-aligned?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The […] Source: https://news.bitcoin.com/dutch-regulator-warns-of-crypto-pump-and-dump-new-regulation-to-ban-these-schemes/
The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research. Source: https://cointelegraph.com/news/crypto-wallet-drainer-google-play-stole-70k-check-point?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vinyl Group, Australia’s only listed music company, has acquired the assets of London-based Serenade, a platform focused on digital and physical collectibles, in an equity-based deal valued at up to US$1.6 million. Vinyl launched its website last year, aiming to replicate the experience of “crate-digging” for records in digital form, CEO Josh Simons told Decrypt. The acquisition marks the group’s…
Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ […] Source: https://news.bitcoin.com/coinbase-sees-strong-q4-for-bitcoin-fueled-by-us-rate-cuts-china-stimulus/
A former lawyer with the U.S. Securities and Exchange Commission (SEC) anticipates the agency will challenge Judge Analisa Torres’ decision regarding XRP in the Ripple lawsuit. The SEC views the ruling as flawed and is likely to submit an appeal before the approaching Oct. 7 deadline. Ripple XRP Case: SEC Expected to Appeal Judge’s Ruling […] Source: https://news.bitcoin.com/lawyer-expects-sec-to-challenge-xrp-ruling-as-appeal-deadline-approaches/
Estonia is serving as an example of how smaller nations can use technology to punch above their weight and enhance their economic and political standing. Source: https://cointelegraph.com/news/estonia-shows-ai-powered-decentralized-networks-could-transform-us-policy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
