HTX exchange loses $13.6M in hot wallet hack: Report

The incident affected the greater HTX, Tron and BitTorrent ecosystem. News Join us on social networks HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO Chain bridge on Nov. 22.  According to a report from blockchain security firm Cyvers, the losses stem from three compromised hot …

Nvidia posts record $18B Q3 revenue, cites generative AI as primary driver

The company posted its record quarter just days after Nvidia stock achieved an all-time high. News Join us on social networks Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, with the firm’s market cap now reaching $1.22 trillion. The better-than-expected earnings follow a 12-month growth trend, during which the company saw …

Surge in Bitcoin exchange deposits breaks six-month withdrawal streak

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Bitcoin and gold show similar trends as miner shares fall behind spot prices

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Coinbase champions regulatory compliance amid Binance woes – calls for clearer U.S. regulations

Coinbase CEO Brian Armstrong has touted his exchange’s compliance-first approach following the issues that bedeviled rival Binance. In a Nov. 21 statement on social media platform X, Armstrong pointed out that Coinbase embraced compliance since its launch in 2012 “to become a generational company that stood the test of time.” “Since the founding of Coinbase …

The GAM3 Awards final nominees have been revealed with $2M prize pool

The GAM3 Awards 2023 in collaboration with GAM3S.GG and Magic Eden features a prize pool exceeding $2M. It will take place on Dec. 14. With 214 games initially nominated, the selection process was entrusted to a panel of over 70 experts from the traditional and web3 gaming sectors. This jury comprises executives from tech giants …

Market reacts to Binance news as short-term Bitcoin holders cash out

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Justin Sun-linked Heco bridge and HTX exchange targeted in $100+ million crypto attack

Crypto entrepreneur Justin Sun confirmed that two platforms linked to him, the HTX exchange and Heco bridge, suffered an attack, saying: “HTX and Heco Cross-Chain Bridge Undergo Hacker Attack. HTX Will Fully Compensate for HTX’s hot wallet Losses. Deposits and Withdrawals Temporarily Suspended. All Funds in HTX Are Secure, and the Community Can Rest Assured. …

Bankrupt Genesis alleges Gemini contributed to ‘run on the bank’ with $689M withdrawals

Bankrupt crypto lender Genesis has filed legal actions to retrieve $689.3 million from cryptocurrency exchange Gemini. In a Nov. 21 court filing, the bankrupt lender alleged that Gemini contributed to the “run on the bank” it suffered by making these preferential transfers during a 90-day period that preceded its bankruptcy filing. According to the lender, …

Bitcoin and Stock Market About To Get ‘Very Explosive,’ According to Analyst Jason Pizzino – Here’s Why

Popular crypto analyst Jason Pizzino thinks Bitcoin (BTC), crypto and the stock market are all primed to surge in the coming months. In a new YouTube video, Pizzino tells his 295,000 subscribers that he thinks BTC will hit $42,000 before the top crypto asset’s halving, which is currently slated to happen in mid-April. In terms …

Trader Unveils Bull Market Price Targets for Bitcoin, Ethereum, Solana and Two Additional Altcoins

A closely followed crypto analyst is sharing his price targets for Bitcoin (BTC) and four other digital assets. Pseudonymous analyst Inmortal tells his 201,000 followers on the social media platform X that Bitcoin could soar by more than 255% from its current value in the next bull market. He also says that Ethereum (ETH) could …

BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’

Bitcoin is due to spend some time ranging before an “impulse” move ensues, bullish BTC price analysis predicts. Market Update Join us on social networks Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm. BTC/USD 1-hour chart. Source: TradingView Bitcoin respects “very …

This is your brain on crypto: Substance abuse grows among crypto traders

Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders.Abdullah Boulard, founder and CEO at The Balance Luxury Rehab, tells Magazine that a number of crypto traders struggle with substance abuse. “Our client base is diverse, but this is a unique …

Former Coinbase exec posits blockchain-driven vision of future societies

Attendees of the Network State Conference in Amsterdam believe that a new tomorrow is possible with decentralized technologies. Event Recap Join us on social networks The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at …

BNB Price Prediction: BNB Coin Slumps As CZ Steps Down As Binance CEO In DOJ Deal. Dodge Market Turbulence With This Presale In Its Final Hours

The BNB price tumbled by 11% in the aftermath of an agreement between Binance and the Department of Justice to settle multiple criminal charges and […] Go to Source

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