Bulls Against The Ropes, Why Aptos Is At Risk Of Crashing To $7

The cryptocurrency of the hour, Aptos (APT), is losing bullish momentum and heading for a correction. Dubbed a “Solana Killer,” the APT token was launched last week, attracting the attention of market participants.  The hype around APT generated over $150 million in Open Interest, $3 billion in futures volume, and $1 billion in spot volume …

Klaytn (KLAY) Cracks 30% Gains As Price Breaks Downtrend, Is $0.4 Possible?

KLAY’s price shows strength as the price holds strong above the key support zone to avoid price retesting lower point on the daily chart. KLAY rejected to trend higher above $0.3 as the price faced a sharp rejection to a region of key Support of $0.2.  The price of KLAY continues to hold strong above …

Ep04- OneLife – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast

What does a OneLife-produced event look like? Is the organization that supports the OneCoin community competent enough to produce a beauty pageant? The answer to those questions might surprise you. For this fourth episode, Jamie Bartlett and Georgia Catt go into the lion’s den. They travel to Bucharest, Romania, and witness the Miss OneLife coronation. …

Potential US ban is a reminder that influencers should dump TikTok

With a recent proposal by a member of the United States Federal Communications Commission (FCC) to ban TikTok, influencers are scrambling. If the FCC makes good on the ban, TikTok creators could lose their fanbases and revenue streams overnight. People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many …

Kraken Analysts Detail Massive $356,841 Bitcoin Price Target and Potential Ethereum Moonshot As Crypto Markets Pop

Analysts at the US-based crypto exchange Kraken are detailing a massive price target for the top cryptocurrency, Bitcoin. In a new letter to traders, Kraken’s technicians use Bitcoin’s historic price action to predict where BTC may be heading in the long run. The exchange’s forecast is based on how high BTC’s price has traded above …

Former Head of Crypto Exchange Bithumb Charged With Eight Years in Prison for Alleged $70,000,000 Fraud: Report

South Korean prosecutors are charging the former head of a major crypto exchange with fraud worth nearly $70 million. According to a report from the South Korean news outlet Yonhap News Agency, state prosecutors have asked for eight years in prison for Lee Jung-hoon, the former head of Bithumb. Says the South Korean prosecutors, “The amount …

DeFi Lending Platform Built on Polygon (MATIC) Hacked for $220,000 in Flash Loan Attack

Decentralized exchange (DEX) QuickSwap is ending its lending pool after sustaining losses in a flash loan attack. The Polygon (MATIC) based DEX says $220,000 worth of tokens were stolen following an exploit of DeFi platform Market XYZ. The platform says the incident stems from a flaw in automated market maker (AMM) Curve Oracle, which Market …

After Mango Markets exploit, Compound pauses 4 tokens to protect against price manipulation

Decentralized lending protocol Compound has paused the supply of four tokens as lending collateral on its platform, aiming to protect users against potential attacks involving price manipulation, similar to the recent $117 million exploit of Mango Markets, according to a proposal on Compound’s governance forum that was recently passed. With the pause, users will not …

Chinese agents used Bitcoin transactions through Wasabi to allegedly bribe US government employee

The United States Department of Justice has announced charges against two Chinese intelligence officers who allegedly bribed a double agent with Bitcoin. In an Oct. 24 announcement, the Justice Department said Guochun He and Zheng Wang attempted to obstruct the prosecution of an unnamed global telecommunications company based in China, which allegedly involved paying a …

Sen. Warren Addresses Gary Gensler About Ex Gov. Officials Employed Within Crypto Companies

Lawmakers including Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez are seeking information on the revolving door between regulatory agencies and crypto firms.  The lawmakers are taking cognizance of the rising expenditure on lobbying efforts by crypto firms, where as part of an influence campaign crypto firms have hired ex-government officials. Recipients of the letter include …

MakerDAO MKR community approves ‘endgame’ proposal

MakerDAO’s (MKR) Endgame proposal was overwhelmingly passed by the community, with around 80% of the votes in support. The endgame proposal The proposal was submitted by MakerDAO founder Rune Christensen and focused on breaking the decentralized protocol into smaller units called MetaDAOs which would be more decentralized. With over $8 billion in assets in its …

Crypto short liquidation cross $750M in 4 hours as Bitcoin reclaims $20k

CryptoSlate Wrapped Daily: Bitcoin mining difficulty reaches new ATH; FTX, Binance US, Bittrex attacked by same phishing scam On-chain data reveals Binance and Bittrex were also attacked at the same time as FTX, Freeway suspends withdrawals while FatManTerra warns for a rug pull, and much more in this edition of CryptoSlate Wrapped Daily. 24 hours …

Public Bitcoin miners are expanding their hashrate share

There was a massive surge in public miners’ Bitcoin hashrate share as it has steadily grown during the last year, according to a report from the Hashrate Index. Occasioned by the enormous funds derived from the 2021 bull run, many of these miners invested heavily in mining rigs, thereby widening and enhancing their operations. According …

UK lawmakers votes to recognize crypto as regulated financial instrument

Andrew Griffith’s proposal seeks to include crypto assets as part of services to be regulated by the Financial Services and Markets Act.  1 min read Updated: October 25, 2022 at 7:27 pm Cover art/illustration via CryptoSlate UK lawmakers in the House of Commons have voted to recognize crypto as a regulated financial instrument in the …

Total staked Ethereum surpasses 14 million in Q3 amid 64% decline in price

The amount of staked Ethereum has increased to just over $19 billion at about 14 million ETH since the start of the year, according to a report by the trading platform Bestbrokers. While the price of Ethereum has declined around 64% during the same time, other assets such as Gold and equities are also down …

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