The bitcoin price – like the stock markets – went on a whipsaw rollercoaster immediately after the latest increase in the Fed Fund rate, ranging […] Go to Source
Monthly archives: November 2022
Digital Asset Exchange Crypto.com Rolls Out Support for Under-the-Radar DeFi Altcoin
Singapore-based digital asset exchange Crypto.com is adding support for another low-cap decentralized finance (DeFi) altcoin. The exchange’s customers can now trade the native token of Ribbon Finance (RBN), a suite of DeFi protocols that aims to help users access crypto-structured products. RBN is trading at $0.34 at time of writing. The 179th-ranked crypto asset by …
Web Summit Lisbon, Nov. 4: Latest updates from Cointelegraph’s ground team
Welcome back to day three of the Web Summit, one of the world’s leading tech conferences with over 71,000 attendees on the third day. Stationed in Lisbon, Portugal, Cointelegraph’s ground team is ready to bring the most exclusive insights on Web3, crypto and blockchain from the event. The first two days of the summit saw …
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IRS prepares for an increase in crypto cases in the upcoming tax season
The United States Internal Revenue Service (IRS) criminal investigation division is ramping up for tax season with its sights set on the crypto community. According to a report from Bloomberg Law, the division chief Jim Lee said they are preparing “hundreds” of crypto-involved cases, many of which will soon be available to the public. Lee …
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Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses
Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose overnight to put in new daily highs of $20,683 on Bitstamp. $21,000 sell wall proves ugly While so far a lower …
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Immunefi launches scoring system for Web3’s elite white hats
Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will measure a given white hat’s skills and status amid Immunefi’s security community, said the company at the Web Summit on Nov 4. A white hat hacker is someone …
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Visa Launches World Cup NFTs, Files Other Cryptocurrency Trademarks
Visa is expanding its crypto efforts by minting a series of charity soccer NFTs and filing other unrelated trademarks. Visa has announced that it will release a series of five NFTs related to the 2022 World Cup in Qatar. It has also filed a number of unrelated crypto trademarks. Visa is auctioning a series of …
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Bitcoin Price Is Holding Well Above $20k But This Penny Crypto Can Surge 30x
Trading at $20,209 at the time of writing, the bitcoin price has dropped back, but is holding support above the $20k psychological level. Market participants […] Go to Source
Twitter facing lawsuit over staff layoffs, Dogecoin sinks 9%
Dogecoin’s run of form comes to a halt as crypto integration plans get postponed and ex-Twitter staff file legal action. 1 min read Updated: November 4, 2022 at 10:55 am Cover art/illustration via CryptoSlate Twitter is facing a class-action lawsuit over its plans to cut 50% of its workforce following Elon Musk’s takeover of the …
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Monkey Drainer steals 7 CryptoPunks, 20 Otherdeed NFTs
Prominent blockchain security firm PeckshieldAlert and onchain sleuth Zachxbt revealed on Nov. 4 that a phishing scammer operating under the pseudonym Monkey Drainer had stolen 7 Cryptopunks and 20 Otherdeed NFTs. #PeckShieldAlert @zachxbt has detected that Monkey Drainer grabbed ~ 7 CryptoPunks & ~20 Otherdeed #NFT0xc…466 has transferred ~120 $ETH to Monkey Drainer 0x8…fB8 and …
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Arbitrage traders make over $6.5M from Gala Games scare
The Gala Games community suffered a scare late Nov. 3 after a wallet printed over $1 billion worth of GALA tokens, which tanked the asset’s value by nearly 30%. While blockchain security company PeckShield raised concerns about a possible hack, the team at pNetwork quickly responded that it was responsible for the white hat attack …
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DOGE, SHIB continue trend of spikes following Musk tweets
DOGE is up 3.09%, while SHIB spiked 8.3% in the last six hours following Elon Musk’s tweet reply to Dogecoin founder Billy Markus. 2 min read Updated: November 4, 2022 at 8:56 am Cover art/illustration via CryptoSlate Tesla CEO Elon Musk hinted that “shit” brings money in the early hours of Nov. 4, which led …
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Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator
The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again Use the Services of Bestchange.ru Uzbekistan’s National Agency of Perspective Projects …
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Mapping out SevenX Ventures Investment Portfolio
sponsored SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment portfolios. The three co-founders, industry veterans, have built portfolios in DeFi, NFT, GameFi, and beyond. Since its launch in 2020, SevenX Ventures has advocated for immersive investing – going beyond financial support to assist funded …
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Brazilian Securities Regulator CVM Might Create a Supervision Unit to Deal With Crypto Markets
On Nov. 1, The Brazilian Securities Regulator, CVM, announced that it might create a new superintendence to deal with crypto-related market regulation. João Pedro Nascimento, president of the organization, said that the regulator is currently suffering from a lack of personnel that makes it challenging to give the attention needed to the growing cryptocurrency market. …