News Articles for 2022-10-24

A security alert was issued by 3Commas after identifying unauthorized trades involving DMG cryptocurrency on the FTX exchange. A joint investigation with FTX revealed that hackers used new 3Commas accounts to execute the trades, with API keys compromised outside the platform.

APT's price dropped 1.49% to $9.61, indicating bearish control. Technical indicators show mixed signals, with potential for bulls to reverse the trend.

Despite significant capital inflows from Ethereum, Aptos faces challenges with declining on-chain development and market performance.

Avraham Eisenberg, notorious for the $117 million Mango Markets exploit, claims he 'did nothing wrong' after making $100k from a 'shitcoin' called Mango Inu.

Discover how Avraham Eisenberg, infamous for the Mango Markets exploit, pulled off another crypto scam with Mango Inu, highlighting risks in the DeFi space.

Discover how bear markets create opportunities for crypto startups to innovate, and the crucial role of incubators in their success.

Discover how Big Eyes Coin (BIG) is making waves in the memecoin race, raising $8.5 million in presale and positioning itself as a top contender alongside Dogecoin (DOGE) and Shiba Inu (SHIB).

Binance is narrowing down the identity of the hacker responsible for a $570 million theft of BNB tokens, with CEO Changpeng Zhao revealing significant progress in collaboration with law enforcement.

Binance USD (BUSD) has seen its market capitalization surge, reaching over $20 billion, as Binance's strategic moves intensify competition in the stablecoin market.

Binance's BUSD stablecoin has surged in market cap, prompting FTX CEO Sam Bankman-Fried to speculate about a potential 'second Great Stablecoin War.'

The Bitcoin hash price has reached a historic low of $66,500 per Exahash, signaling reduced earnings for BTC miners amid rising network difficulty and macroeconomic challenges.

The global Bitcoin payments market is projected to grow significantly, driven by demand for efficient and secure transactions in emerging economies.

Bitcoin price action shows BTC/USD stuck in a tight trading range, with mixed sentiment as October nears its end.

Small Bitcoin investors are actively countering larger whales to maintain BTC's price above $18,000, with on-chain data showing divergent behaviors among different investor groups.

Explore the differing opinions on Bitcoin's price trajectory, with some predicting a significant drop while others foresee a dramatic surge.

A Bitcoin user incurred an unusually high transaction fee of over $200, raising questions about the circumstances behind this anomaly.

Cardano's network activity and transaction volume have dropped significantly, potentially due to price volatility. Learn more about the recent trends and potential recovery signs.

Explore the unusual developments in the Celsius bankruptcy case, including the court's decision to seek international guidance for digital asset management.

Discover the inspiring story of Changpeng Zhao, from humble beginnings to becoming a leading figure in the cryptocurrency industry.

Explore the latest trends in the crypto market as investor interest moves from Bitcoin to Web3, driven by innovation and market anxiety.

Bitcoin, Ethereum, and Solana show signs of recovery, while Klaytn tops the gainers. Meanwhile, 3Commas API exploit impacts FTX users, Dogechain surges 250%, Freeway halts withdrawals, and Ripple's engineering director resigns.

Freeway announces suspension of key services due to extreme volatility in cryptocurrency and foreign exchange markets.

European investment firm CoinShares reports a significant decline in digital asset investment product volumes, marking the lowest since October 2020.

Ethereum's transition from proof-of-work to proof-of-stake marks a major milestone in its journey toward greater energy efficiency and scalability.

Ethereum (ETH) shows mixed signals as it hovers near $1,344.22, with a 2.5% increase in the past 24 hours. Explore the key factors influencing ETH's price movement and potential rebound to $1,400.

The Federal Reserve's potential rate slowdown leak to the Wall Street Journal and Tokyo's suspected intervention in the Yen's volatility have sparked concerns about the stability of the global financial system, prompting calls to invest in Bitcoin.

Fidelity Investments is ramping up its digital assets division by hiring 100 additional staff, signaling strong confidence in the growth of digital assets despite market challenges.

Fireblocks introduces a new payment engine enabling businesses to accept and settle cryptocurrency transactions seamlessly.

Freeway, a UK-based crypto staking platform, has halted withdrawals citing market volatility. Meanwhile, crypto researcher FatMan accuses the platform of operating a Ponzi scheme and urges investors to withdraw funds immediately.

Crypto exchange FTX will reimburse users affected by a recent phishing attack, emphasizing it's a one-time gesture.

FTX, a leading cryptocurrency exchange, has announced plans to compensate users affected by a recent phishing scam, marking a rare move in the industry.

SBF, CEO of FTX, revises his proposed crypto regulatory framework following criticism from the crypto community, emphasizing the importance of open dialogue and financial inclusion.

FTX CEO Sam Bankman-Fried addresses the delay in listing Cardano's ADA token and discusses the potential impact of Binance's stablecoin policy on the crypto market.

Fukuoka partners with Astar Japan Labs to establish itself as Japan's leading Web3 and crypto hub, leveraging the Astar Network for innovation and growth.

Hackers compromise Gate.io's official Twitter account, risking funds of over 1 million users through a fake Tether (USDT) giveaway scam.

Discover how India's thriving Web3 ecosystem, driven by over 450 startups, is poised to contribute significantly to the nation's economy.

Japan Credit Bureau (JCB) has initiated testing of its central bank digital currency (CBDC) infrastructure, collaborating with IDEMIA and Softspace to prepare for a potential national CBDC rollout.

An overview of Kazakhstan's significant role in the global Bitcoin mining industry.

Discover how Madeira's adoption of Bitcoin could pave the way for a new era of financial innovation in the region.

Discover why Polygon's MATIC coin is poised for significant growth, with bullish indicators suggesting a potential doubling of its price by 2023.

Discover how MotoGP Ignition integrates Shard tokens (SHRD) to boost rewards and the latest progress on the upcoming MotoGP Ignition Manager game.

The New York Knicks unveil a limited-edition NFT collection, 'New York Forever,' featuring exclusive digital art and real-world perks for NBA fans and collectors.

The NFT marketplace landscape is evolving as OpenSea's dominance is challenged by emerging platforms like X2Y2 and Looksrare, transforming the market from a monopoly to an oligopoly.

Explore the latest PancakeSwap (CAKE) price analysis, highlighting a 0.43% surge and bullish momentum driven by key technical indicators and market trends.

Reddit's NFT avatars have seen a significant spike in trading volume, reaching over $1.5 million in the past 24 hours, marking a new milestone in the growing digital collectibles market.

Nik Bougalis, Ripple's Director of Engineering, announces his departure after nearly 10 years, reflecting on his journey and the broader trend of crypto executive exits.

Rishi Sunak is poised to become the UK's next Prime Minister, bringing optimism to the crypto industry due to his historical support for digital assets.

Crypto billionaire Sam Bankman-Fried clarifies his regulatory framework amid community backlash and ongoing investigations into FTX.

Discover how Santander Brasil is leveraging blockchain technology to innovate vehicle trading and car registration processes in Brazil.

Discover how SHIB and BONE are navigating the cryptocurrency market, with BONE gaining traction and SHIB facing challenges despite increased burn rates.

The Singapore High Court has ruled that NFTs qualify as property, reinforcing the city-state's position as a legal and blockchain hub.

South Korea's Financial Service Commission (FSC) announces stricter monitoring of crypto whales with assets exceeding 100 million won to combat money laundering risks.

Spain now hosts the third-largest network of Bitcoin and cryptocurrency ATMs worldwide, surpassing El Salvador with 215 installations.

The Tel Aviv Stock Exchange announces a blockchain-based platform to expand into cryptocurrencies and digital assets as part of its strategic plan.

Tesla's latest 10-Q filing reveals a $170 million impairment loss on its Bitcoin investment, alongside gains from converting Bitcoin to fiat currency.

Tesla's Q3 earnings report reveals a $1.5 billion investment in Bitcoin, resulting in a net loss of $106 million, while core operations remain strong.

Discover the top 5 altcoins ranked by Alt Rank, with KLAY leading the pack with a 23.1% price gain, followed by SUSHI, EGLD, AAVE, and SNX.

Discover how governance tokens enable holders to influence blockchain projects through voting, promoting decentralization and community involvement.

A recent survey reveals increased optimism among US investors towards cryptocurrencies, driven by regulatory developments and stabilizing Bitcoin prices.

Binance dominates BTC trading volume at 84%, while long-term holders and institutions are accumulating Bitcoin, signaling a bullish outlook.

Despite the crypto market downturn, women remain optimistic about crypto's potential, a recent survey shows.

African crypto exchange Yellow Card gains a VASP license in Botswana, paving the way for further expansion across the continent.