It’s been a strong week for Bitcoin, with the leading cryptocurrency up nearly 11% over the past seven days to a current price above $67,000, signaling the potential arrival of the hopeful “Uptober” gains that many traders expected this month. But Bitcoin’s gains pale in comparison to some of the top meme coins, which have marked price jumps up to…
Month: October 2024
Nishad Singh asks for time served, claiming ‘limited’ role in FTX crimes
The former FTX engineering director pleaded guilty to fraud and conspiracy charges in February 2023 and will return to court on Oct. 30 for a sentencing hearing. Source: https://cointelegraph.com/news/ftx-nishad-singh-time-served-sentencing-recommendation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The dams are open: Spot Bitcoin ETFs harness $20B after 4th consecutive day of inflows
Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January. Source: https://cointelegraph.com/news/the-dams-are-open-spot-bitcoin-etfs-harness-20-b-after-4th-consecutive-day-of-inflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ambient Finance website hacked, team warns users to wait for fix
In 2024, malware spread through Python Package Index, text messages, fraudulent macOS programs, and even automated email threads. Source: https://cointelegraph.com/news/ambient-finance-frontend-hacked-team-warns-users-wait?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI Arrests Alabama Man in Connection With SEC X Account Hack That Spiked Bitcoin Prices
A man from Athens, Alabama, was arrested Thursday for his role in the January 2024 hack of the U.S. Securities and Exchange Commission’s X account. The hack led to a false announcement regarding bitcoin exchange-traded funds (ETFs), temporarily causing bitcoin prices to rise by $1,000. SEC X Account Hacker Has Been Arrested According to the […] Source: https://news.bitcoin.com/fbi-arrests-alabama-man-in-connection-with-sec-x-account-hack-that-spiked-bitcoin-prices/
CoinDesk bolsters information services offering with strategic acquisition of CCData and CryptoCompare
NEW YORK and LONDON, Oct. 16, 2024 /PRNewswire/ — CoinDesk, one of the most trusted media, events, indices, and data companies for the global crypto economy, today announced that it has acquired CCData, a U.K. FCA-regulated benchmark administrator and one of the leading providers of digital asset data and index solutions, including its trusted retail site, CryptoCompare, which serves over…
FBI arrests hacker behind SEC fake Bitcoin ETF approval
Eric Council Jr. faces charges of conspiracy to commit aggravated identity theft and access device fraud. Source: https://cointelegraph.com/news/fbi-arrests-hacker-behind-sec-fake-bitcoin-etf-approval?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI Arrests Suspect in SEC Twitter Hack That Pumped Bitcoin
The Federal Bureau of Investigations (FBI) announced Thursday that it has arrested a man and charged him over hijacking the Twitter (aka X) account of the Securities and Exchange Commission (SEC), using the account to tweet prematurely in January that the agency had approved Bitcoin ETFs. That false statement immediately led to a spike in the price of Bitcoin. Eric…
Bitcoin rally to $68.4K may have been the Uptober top — Here’s why
Bitcoin’s price rejection at $68,500 and the record high use of leverage could be signs that BTC is in for a sharp correction. Source: https://cointelegraph.com/news/bitcoin-rally-to-68-4-k-may-have-been-the-uptober-top-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$20B Flows Into Bitcoin ETFs Since January – Wednesday’s Top Players Revealed
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another high-activity trading session, pulling in $458.54 million in gains. Meanwhile, ether ETFs also saw inflows, with $24.22 million moving into the nine funds. U.S. Bitcoin and Ether ETFs Absorb Millions – A Key Shift in Market Dynamics Data from sosovalue.xyz showed that $458.54 million was […] Source: https://news.bitcoin.com/20b-flows-into-bitcoin-etfs-since-january-wednesdays-top-players-revealed/