Hong Kong’s police force has raised the alarm after 11 Hong Kong-based Binance customers were targeted in a wave of phishing scams sent through text messages. Hong Kong police warned users of the scam in an Oct. 9 post to…
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SBF trial underway, Mashinsky trial set, Binance’s market share shrinks
Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 4 in New York after jury selection began the previous day. Assistant United States Attorney Thane…
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. In an Oct. 6 thread on X…
Why is Ethereum (ETH) price down today?
Ether (ETH), the native token of the Ethereum network, has experienced an 8.2% decline between Oct. 2 and Oct. 9. This price drop can be attributed to an increase in coin issuance resulting from its regular monetary policy, relevant sales…
Bond Market Recalls 2008 Crash
As the global financial landscape witnesses a seismic shift, reminiscent of the 2008 financial crisis and the dot-com bubble burst, alarm bells are ringing in the bond market, alerting the Bitcoin and crypto market as well. Is A Crash Like…
Canadian regulatory body clarifies stablecoin rules for exchanges and issuers
The Canadian Securities Administrators (CSA) has provided guidance to exchanges and cryptocurrency issuers on its interim approach to what it calls value-referenced crypto assets, with a particular focus on stablecoins. On Oct. 5, the umbrella organization of Canada’s provincial and…
Pioneering generative artist propelled by personal tragedy — Matt Kane, NFT Creator – Cointelegraph Magazine
If there’s ever been an artist suited for the digital renaissance of putting art on the blockchain, it would be Matt Kane — a traditional artist who transitioned into digital art by writing his own software and pushing boundaries impossible…
Macro factors to spark next crypto bull market in Q2 2024, Real Vision’s Raoul Pal says
The next crypto bull market is likely to kick off in Q2 2024, when the Bitcoin (BTC) halving is set to take place, says macro investor and Real Vision CEO Raoul Pal. He is convinced that despite the hype surrounding…
Friend.tech copycat Stars Arena patches exploit after some funds drained
The Stars Arena Web3 social media app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports. Stars Arena user Lilitch.eth discovered the exploit on Oct. 5 and announced it on X…
Bitcoin Price Skyrockets Past $28,000, Here’s Why
The Bitcoin price trajectory has once again taken a sharp upward turn, marking its ascent past the $28,000 landmark for the first time since its notable surge on August 29. This prior leap had been attributed to Grayscale’s triumph over…