press release PRESS RELEASE. Victoria, Seychelles (December 23 2022) – Leading crypto exchange, Bitget, announces the conclusion of its biannual trading tournament, King’s Cup Global Invitation (“KCGI”): Football Edition with record-breaking participation. Hosted from November 21 to December 19, a total of 32,174 participants joined the tournament in a team battle, individual competition and invitational …
Yearly archives: 2022
Bitcoin, Polygon and One Ethereum Rival To More Than Double in Price, Says Crypto Analyst – Here’s the Timeline
A crypto strategist says that the new year will bring a doubling in price for several cryptocurrencies, including Bitcoin (BTC), Polygon (MATIC) and Solana (SOL). Pseudonymous analyst Altcoin Sherpa tells his 187,800 Twitter followers that the worst of the economic troubles are likely over and by December 2023 more than 100% gains are in store …
Crypto Analyst Says Bitcoin Bear Market ‘Closer and Closer’ To End, Breaks Down Cardano and Two Other Altcoins
A widely followed crypto analyst is laying down a timeline for the end of the Bitcoin (BTC) bear market woes. Pseudonymous analyst Rekt Capital updates their 329,600 followers on the current BTC bear market timeline relative to last year’s bull market. “It’s been ~400 days since the BTC Bull Market peak at $69,000 Which means that this …
Sam Bankman-Fried To Be Under GPS-Monitored Home Confinement After Release on Largest-Ever Pretrial Bond: Report
Disgraced FTX founder Sam Bankman-Fried will reportedly be under monitored house arrest after posting what prosecutors are calling the largest pretrial bond of all time. According to a new report by CNBC, Bankman-Fried will be released on a staggering $250 million bail as he awaits trial for allegedly defrauding investors and mismanaging customer funds. The …
Cardano, Litecoin and Monero Will Not Be Added to Crypto Marketplace Paxful, Says the P2P Platform’s Founder
A top executive of peer-to-peer crypto exchange platform Paxful says that three popular crypto assets will not be added to its marketplace. Paxful co-founder Ray Youssef says that he will not list smart contract platform Cardano (ADA), privacy-focused crypto asset Monero (XMR), and Bitcoin (BTC) alternative Litecoin (LTC). According to Youssef, it would be “uncivilized” …
Bridge attacks will still pose major challenge for DeFi in 2023: Security experts
Security has been a critical challenge for decentralized finance (DeFi) and its evolution. Between 2020 and 2022, hackers stole over $2.5 billion through vulnerabilities on cross-chain bridges, Token Terminal data shows. Compared to other security breaches, this is a substantial amount. Issues with bridges have a root cause: All of them have an “inherent vulnerability,” Theo …
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LastPass attacker stole password vault data, showing Web2’s limitations
Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force guessing. Notice of Recent Security Incident – The LastPass Blog#lastpasshack #hack …
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Web3 projects would rather get hacked than pay bounty: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Uniswap, one of the leading decentralized exchange platforms, is integrating debit and credit card support for its users. It will allow Uniswap users to buy cryptocurrency directly with their …
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Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments. In a transcript of proceedings for her plea deal in the Southern District of New York released on Dec. 23, Ellison acknowledged …
Alameda’s Caroline Ellison Says SBF, FTX Execs Received Secret Loans Worth Billions
Caroline Ellison testified that Sam Bankman-Fried received billions from Alameda Research. Ellison and SBF conspired to hide the commingling of funds from FTX investors and customers. The former Alameda Chief prepared false balance sheets to mislead stakeholders. Ellison has pleaded guilty and is cooperating with prosecutors. Caroline Ellison, the former CEO of Sam Bankman-Fried’s quantitative …
Dogecoin Price Prediction: DOGE Appears Bullish Above $0.0778
Dogecoin (DOGE) price has been on an upward movement for the past 48 hours, with the price rising from $0.0731 on Thursday to $0.077 on […] Go to Source
Twitter Adds Bitcoin (BTC) and Ethereum (ETH) Price Charts To Search Function in Latest Push for Adoption
Social media giant Twitter is adding Bitcoin (BTC) and Ethereum (ETH) price charts to its search function. In a new thread, Twitter says it’s rolling out a new feature dubbed “$Cashtags,” which also includes price charts for other assets, such as stocks and exchange-traded funds (ETFs). The addition will grant users access to an asset’s …
Astar Network Named ‘Product of the Year’ at the JBA Annual Blockchain Award
December 23, 2022 – Tokyo, Japan Astar Network, the smart contract platform for multichain, has been awarded ‘product of the year’ at the fourth annual Blockchain Award by the Japan Blockchain Association. Astar Network’s founder and CEO Sota Watanabe bagged the ‘person of the year’ award for the second consecutive year at the same event. …
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US election agency approves use of NFTs as campaign fundraising incentive
The United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings may use nonfungible tokens for fundraising efforts. In a Dec. 15 notice, the FEC said it was “permissible” for DataVault holdings to send nonfungible tokens, or NFTs, to political campaign contributors without violating rules on corporate contributions. According to the …
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Price analysis 12/23: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin (BTC) is on track to end the year with a loss of about 65%. This would mark the third negative year for Bitcoin with the other two being 2014 and 2018. In comparison, the S&P 500 has fared much better but that is also down close to 20% in 2022. Although cryptocurrency prices have seen deep …
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