Just ten days ago, Bitcoin.com News highlighted blockchaincenter.net’s Altcoin Season Index (ASI), which was sitting at a modest 22 out of 100. Fast forward to Sept. 3, 2024, and despite all the buzz about the elusive “altcoin season,” the ASI has dipped slightly, now standing at 18 out of 100. Altcoin Season Speculation Swirls on […] Source: https://news.bitcoin.com/altcoin-season-chatter-heats-up-on-x-while-index-indicates-its-still-far-off/
Month: September 2024
FOMO HOUR 192 – WTF IS ETHERVISTA
FOMO HOUR 192 – WTF IS ETHERVISTA OI continues to rise as BTC stabilises. BTC still best performing assets class this year. FTX to distribute $16bn to creditors starting in Q4. Qatar introduces regulatory framework for crypto. ETH L1s fees down 90%, L2 activity ATH. Base hits 14m monthly users, many may be Sybil. ETH is in death spiral: Krueger.…
Bitcoin falls alongside stocks following Bank of Japan rate hike comments
Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price. Source: https://cointelegraph.com/news/bitcoin-falls-alongside-stocks-following-bank-of-japan-rate-hike-comments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Most TON Holders In the Red as Price Keeps Falling After Telegram CEO Arrest
Toncoin’s price slipped below $5 on Tuesday, hitting a four-month low following the arrest of Telegram founder and CEO Paul Durov in France late last month. The Telegram-linked cryptocurrency, which powers The Open Network (TON), is officially separate from the messaging app. Still, TON has roots with Telegram’s CEO, and it serves as the backbone for Telegram’s crypto features, such…
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven security solutions tailored for the Web3 ecosystem. Hypernative Garners $16M Funding to Fortify Web3 Security With AI Solutions In a blog […] Source: https://news.bitcoin.com/hypernative-secures-16-million-in-series-a-funding-to-enhance-web3-security/
FBI Warns North Korean Cyber Crooks May Be Targeting Bitcoin ETF Companies
North Korean cybercriminals are stepping up their game and becoming more sophisticated in a bid to steal cryptocurrency—including conducting research on those connected to digital asset exchange-traded funds (ETFs), the FBI has warned. In a Tuesday announcement, the agency said that criminal actors from the closed-off state were now conducting “difficult-to-detect social engineering campaigns” against those working in the crypto…
FBI warns of North Korean ’social engineering’ schemes to steal crypto
DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware. Source: https://cointelegraph.com/news/fbi-warning-north-korea-scheme-steal-cryptocurrency?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC charges fund adviser Galois Capital for FTX crypto custody
The fund allegedly lost about half of its assets following FTX’s collapse. Source: https://cointelegraph.com/news/sec-charges-galois-capital-ftx-asset-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How much Bitcoin does the average whale hold?
Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply. Source: https://cointelegraph.com/news/how-much-bitcoin-does-the-average-whale-hold?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive a comprehensive exit package, including salary continuation, healthcare, career support, and […] Source: https://news.bitcoin.com/matter-labs-restructures-cuts-16-of-workforce-amid-strategy-shift/