Bitcoin prices dropped significantly after news emerged about repayments related to the infamous Mt. Gox hack. The repayment process, which involves distributing a large amount of Bitcoin to creditors, has caused a ripple effect throughout the cryptocurrency market, unsettling investors. Mt. Gox, once the largest Bitcoin exchange in the world, filed for bankruptcy in 2014 after losing 850,000 Bitcoins in…
Month: September 2024
Cryptocurrency Market Insights – CryptoCurrencyNews
The cryptocurrency market has been a hotbed of activity, marked by significant volatility and a flurry of new developments. Bitcoin (BTC), the leading digital currency, continues to dominate the market, but other cryptocurrencies like Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are also making significant strides. Bitcoin’s recent surge to new all-time highs has captured the attention of both retail…
Staking rewards of 12-16% come to XTZ on Kraken
Thanks to improvements made to Tezos’ reward issuance mechanism, which were brought on by the Paris Protocol update, you can now earn more on your XTZ when you stake with Kraken. Kraken is introducing Bonded staking for XTZ, which will allow XTZ holders to earn 12-16% APR on their coins. While Kraken has supported flexible staking for XTZ since December…
GameStop CEO Ryan Cohen Agrees to Nearly $1 Million Settlement With FTC
GameStop CEO Ryan Cohen agreed to pay a nearly $1 million civil penalty Wednesday to settle Federal Trade Commission (FTC) allegations that he unlawfully bought Wells Fargo securities. The agency said that Cohen violated the Hart-Scott-Rodino Act, which requires investors to disclose purchasing large amounts of securities in a press release. Allegedly, Cohen did not disclose that he purchased more…
Inside the Pig Butchering Scam: Real Stories from Victims
The latest Cointelegraph video discusses one of the most dangerous crypto scams, ‘Pig Butchering,’ where victims are lured into fake investment schemes. Source: https://cointelegraph.com/news/inside-pig-butchering-scam-real-stories-from-victims?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened volatility in the near future. Glassnode Analysis Warns of Potential Volatility Glassnode’s report with researchers Ukuria OC and Cryptovizart reveals that demand for […] Source: https://news.bitcoin.com/bitcoin-market-stagnation-signals-potential-for-future-volatility-report-shows/
Price analysis 9/18: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market’s direction. Source: https://cointelegraph.com/news/price-analysis-9-18-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Borderless Capital announces $100M for third DePIN fund
Borderless’ third fund targeting DePIN projects is backed by peaq, the Solana Foundation, Jump Crypto, and IoTeX. The DePIN market is expected to reach $3.5 trillion by 2028. Source: https://cointelegraph.com/news/borderless-capital-announces-100-m-third-de-pin-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Is It NPR or AI? Google Turns Your Notes Into Incredibly Real-Sounding Podcasts
Listen to this. If we didn’t tell you it was generated (in a few minutes!), we doubt you’d know it was entirely done by AI. This stuff is getting wild. The latest entry in the race to make human creativity obsolete is Google’s turbocharged AI-powered “NotebookLM,” which offers a feature that nobody knew they wanted: It can turn your notes…
Unitas Protocol Launches Second Phase on Mainnet, Introducing Insurance Provider and 4REX Token
TAIPEI, Sept. 18, 2024 /PRNewswire/ — Unitas Foundation announced today that the second phase of Unitas Protocol is now live on the mainnet. This phase introduced insurance providers (IPs) who will lend their USDT to the Unitas Protocol to support its over-collateralization. Concurrently, the 4REX tokenomics system has begun its operations, including auctions, profit sharing, and IP-related benefits. “This milestone…