Ethereum addresses with over 32 ETH hit ATH while participation rate drops

Participation rate is at its lowest since the Merge, while the number of active validators has hit a new ATH. 2 min read Updated: December 15, 2022 at 2:11 pm Cover art/illustration via CryptoSlate Glassnode data examined by CryptoSlate analysts revealed that the number of Ethereum (ETH) wallets that hold over 32 ETH hit an …

Biggest Movers: DOGE, LTC Near 3-Week Lows on Thursday

Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since late November. Dogecoin (DOGE) Dogecoin (DOGE) remained …

Report: Crypto Exchange Gemini Suffers From Data Breach, 5.7 Million Emails Allegedly Leaked

According to a recent report, the cryptocurrency exchange Gemini suffered from a breach of data and reportedly 5.7 million emails were leaked. While Gemini has stated “some Gemini customers have recently been the target of phishing campaigns,” the exchange insisted that “no Gemini account information or systems were impacted.” Gemini Suffers From ‘Third Party’ Associated …

Bitcoin, Ethereum Technical Analysis: BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision

Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also retreated from recent highs, …

HEXN․IO: New Opportunity to Earn Passive Income Through Crypto

press release PRESS RELEASE. Crypto enthusiasts are constantly looking for new options to get passive income with crypto, but this task has become quite challenging recently. Making money on the coins’ growth is not easy when the market is down, while to manage assets by yourself, you need to have in-depth knowledge of investment strategies …

Time for Serious Global Crypto Regulation, Germany Says

Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin President Convinced Self-Regulation Won’t Work for Crypto The …

CFTC Says Bitcoin, Ethereum and Tether Are Commodities in Fraud Complaint Against FTX Founder Sam Bankman-Fried

The U.S. Commodity Futures Trading Commission (CFTC) is listing three crypto assets that it considers to be commodities. In a fraud complaint filed in the United States District Court for the Southern District of New York against Sam Bankman-Fried, FTX and Alameda Research, the CFTC says that digital assets such as Bitcoin (BTC), Ethereum (ETH) …

Coinbase launches tool to recover ‘mistakenly sent’ ERC-20 tokens

Major cryptocurrency platform Coinbase has offered an asset recovery tool for users who “mistakenly send unsupported tokens” to exchange addresses. In a Dec. 15 announcement, Coinbase said users who sent any of roughly 4,000 ERC-20 tokens to a Coinbase address could recover their previously unrecoverable funds by providing “the Ethereum TXID for the transaction where …

Ethics 101: Should crypto projects ever negotiate with hackers?

“A highly profitable trading strategy” was how hacker Avraham Eisenberg described his involvement in the Mango Markets exploit that occurred on Oct. 11. By manipulating the price of the decentralized finance protocol’s underlying collateral, MNGO, Eisenberg and his team took out infinite loans that drained $117 million from the Mango Markets Treasury.  Desperate for the …

Project alleges unreturned listing deposit as Binance announces delistings

On Dec. 15, cryptocurrency exchange Binance announced that four tokens — Mithril (MITH), Tribe (TRIBE), Augur (REP) and Bitcoin Standard Hashrate Token (BTCST) — would be delisted from the exchange effective Dec. 22 due to not meeting the “high level of standard we expect.” Immediately after the announcement, decentralized social media protocol Mithril, whose token had …

NFTs and Soulbound tokens define Web3 filmmaking, says director

Web3 tools and innovations are making their way into various mainstream industries across the world. Some such as the sports and music industries have made a big leap into adoption. However the world of cinema has not been as vocal on its adoption. Some filmmakers in the past have touched on DAOs as a tool …

Is Web Trading Safe? 5 Things to Know Before You Use an Online Trading Platform

Trading cryptocurrency online is easy and convenient. You can do almost any trading activity at the touch of your fingers. There has also been a rise in web trading platforms available to leverage the increased demand by investors and traders.  However, not all that glitters is gold. You must take precautions and implement measures to …

FTX Hid Alameda’s $8 Billion In Liabilities Using Software And ‘Weird Korean Account’: Report

Summary: Alameda’s liabilities with crypto exchange FTX were masked on the orders of Sam Bankman-Fried, CFTC officials alleged. Nishad Singh, a top executive in SBF’s crypto empire, supposedly developed code that redirected Alameda’s billions in liabilities to a ‘weird Korean account’. The CFTC, DOJ, and SEC all charged Bankman-Fried with several counts of fraud following …

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