The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024. Source: https://cointelegraph.com/news/hackers-got-away-with-440m-in-28-exploits-in-q3-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively
The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted losses after enjoying gains […] Source: https://news.bitcoin.com/spot-eth-and-btc-etfs-hit-by-withdrawals-losing-54-13m-and-3-2m-respectively/
Crypto phishing scams drained $46M in September
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million. Source: https://cointelegraph.com/news/crypto-phishing-attacks-q3-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Web3 game asset ownership is worthless without interoperability
There’s no point in owning game assets if you can’t use them on other platforms. Source: https://cointelegraph.com/news/web3-game-asset-ownership-interoperability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices. Source: https://cointelegraph.com/news/bitcoin-whale-selloffs-token-unlocks-stall-bullish-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What Is Liquidity in Crypto? Everything You Need to Know
In the cryptocurrency market, liquidity plays a key role in determining how easily digital assets can be traded at stable market prices. A liquid market allows for smooth buying and selling of assets with minimal impact on price, while an illiquid market can lead to higher price volatility and slippage. Cryptocurrency liquidity providers contribute to this by adding funds to…
Dogizen, the First-Ever Telegram ICO, Lands Today: Will it Surpass Catizen?
Dogizen launches its presale today, 4th October, at 8am UTC, bringing a brand new token—DOGIZ—to the viral Telegram gaming sector. The new upstart challenges the niche’s current leaders, namely Catizen and Hamster Kombat, for primacy in what is emerging as one of crypto’s most exciting corners. And, with the first ever Telegram ICO, this could […] Source: https://news.bitcoin.com/dogizen-the-first-ever-telegram-ico-lands-today-will-it-surpass-catizen/
Coinbase to delist noncompliant stablecoins under EU MiCA rules
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations. Source: https://cointelegraph.com/news/coinbase-delist-non-compliant-stablecoins-mica?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vietnam police bust crypto scam ring linked to offshore actors
Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims. Source: https://cointelegraph.com/news/vietnamese-police-bust-crypto-scam-ring-offshore-ties?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum inflation rises, threatens ‘ultrasound money’ status: Report
Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report. Source: https://cointelegraph.com/news/ethereum-inflation-surge-questions-ultrasound-money-narrative?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound