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Month: October 2023
NFT
Q3 2023 crowned most ‘damaging’ quarter for crypto amid $700M losses: Report
The third quarter of 2023 has been the “most financially damaging” quarter of the year, with almost $700 million in digital assets lost to various security incidents, according to the quarterly report of blockchain security […]
Doge
Users Can Now Trade XRP and DOGE Against PayPal’s Stablecoin
The leading cryptocurrency exchange – Crypto.com – recently teamed up with the payment platform PayPal to become the preferred marketplace for the recently launched stablecoin – PayPal USD (PYUSD). As such, it said there are […]
Bitcoin
Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts
More than $70 million in crypto shorts were suddenly liquidated after a surprise jump in the price of Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies on Oct. 1. According to data from TradingView, the sudden […]
Bitcoin
Bitcoin price posting best September since 2016 as BTC sellers eye $27.5K
Bitcoin (BTC) bulls lost their grip on $27,000 into Sept. 30 as the monthly and quarterly close loomed large. BTC/USD 1-hour chart. Source: TradingView Bitcoin braces for three key candle closes Data from Cointelegraph Markets […]
Ethereum
FTX exploiter moved over $17M in ETH in the last 24 hours
According to recent information from Spot On Chain, an address linked to the FTX exploit identified as 0x3e9, has conducted transfers exceeding 10,000 Ether (ETH), worth roughly $17 million, across five different addresses since Sept. […]
Blockchain
Brazil rolls out blockchain-based digital ID
Over 214 million Brazilians will soon be using blockchain technology for digital identity, the government recently announced. Rio de Janeiro, Goiás and Paraná will be the first states to issue identification documents on-chain through a […]
Cryptocurrency
Ethereum Supply Is Starting to Grow Again as Gas Prices Plummet
Supply dynamics in Ethereum are constantly being upended amid this year’s dizzying drop in DeFi, NFT sales, and meme coin trading. Depending on which time frame you are looking at, Ethereum can be deflationary or […]
Altcoin
Google Cloud Becomes Polygon (MATIC) Validator
Polygon Labs announced on Friday that Google Cloud has joined its ranks as a decentralized validator. In a September 29 statement on X, Polygon highlighted that the infrastructure powering Google’s flagship products like YouTube is […]
Regulation
DOJ readies witnesses in Bankman-Fried trial, highlights FTX asset management
The Department of Justice (DOJ) has confirmed its intention to summon former FTX clients, investors and staff as witnesses in the upcoming trial involving Sam Bankman-Fried, the former FTX CEO. The DOJ submitted a letter […]