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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
⚠️ Crypto Losses in October 2024: 2nd Lowest YTD but 114% Higher Than Previous October
Over the past 30 days, the space lost $55,138,600 in DeFi hacks across seven incidents, Immunefi reported.
🔎 Polymarket Facing Rampant Wash Trading Claims in New Fortune Report
Polymarket is allegedly filled with wash trading, a form of market manipulation, a new Fortune report alleges. Here's the latest.
☀️Blockchain-Based Solar Firm Glow Raises $30M For Renewable Grid
Glow raises $30M to expand its blockchain-powered solar farms in the U.S. and India, supporting carbon-neutral energy projects and rewarding top performers.
📣 Binance's CZ Reflects on Prison Life, Says Human Connection Matters More Than Anything
Changpeng Zhao (CZ), made his first appearance on stage at Binance Blockchain Week event in Dubai on Thursday in front of a packed room to discuss his time in prison and future plans.
🇳🇱 Dutch Central Bank Fines Bybit €2.25 Million for Unlicensed Crypto Operations
The Dutch Central Bank has fined Bybit €2.25 million for operating without a license.
📣 dYdX Sees Convergence of CeFi and DeFi and Plans to Launch 'dYdX Unlimited'
Charles d'Haussy CEO dYdX Foundation told Cryptonews he sees a convergence in centralized exchanges (CEXs) and decentralized exchanges (DEXs) and noted that only 5% of perpetuals are currently traded on-chain.
2. Computer Assisted Biologically (CABAL/WETH) ⚡️
🔹 24h Price Change: +16,975%
🔹 Current Price: $0.006904
🔹 Analysis: CABAL’s growth suggests a combination of tech and biotech appeal, a niche that attracts speculative and thematic traders. This token may be experiencing early interest that could taper if not backed by continuous volume.
🔹 Strategic Insight: Stay tuned for any relevant announcements or partnerships that could indicate sustained interest or development in the token’s concept.
🔹 Trade Wisely: Gains of this magnitude can be volatile, especially if driven by hype rather than tangible progress or use cases.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚨 Teenager Accused of Using Crypto to Support Al Qaeda
A 16-year-old from East London is accused of using cryptocurrency to fund Al Qaeda, allegedly raising $1,300 and offering cybersecurity skills to extremist groups.
🚨 ID Fraudsters Launch Automated Mega-Attacks on Crypto Companies, Abandoning Payments Sector
The increase in law enforcement intervention, among other factors, has pushed ID fraudsters toward crypto markets.
📈 Bitcoin Spot ETFs See Historic Net Inflow of $893M, Second Only to March Record
Spot Bitcoin ETFs in the U.S. saw an impressive $893.21 million in net inflows on Wednesday, marking the second-highest total on record.
🚀 South Korea's Crypto Investor Base Surges to 7.78M in First Half of 2024, Marking a 21% Growth
South Korea’s cryptocurrency investor population has surged to new heights, reaching 7.78 million in the first half of 2024.
📉 Reddit Sold Most of Its Crypto in Q3, Missing Out on October’s Bitcoin Surge
Social media platform Reddit revealed it sold most of its crypto portfolio in Q3, calling it “immaterial,” then watches Bitcoin skyrocket in October.
⚖️ Breaking: Former FTX Executive Nishad Singh Receives Time-Served Sentence, Avoids Prison Time
Breaking: Former FTX executive Nishad Singh has received a time-served sentence, avoiding prison time after cooperating in the investigation of the exchange's fraudulent activities.
📈Trump Win Could Spark Altcoin Rally, Says Bitwise's Matt Hougan
Bitwise CIO Matt Hougan predicts a Trump victory could drive a surge in altcoin while Bitcoin could hit $100,000 in 2025.
📰 JPEX Fraud Case Sees Hong Kong Court Rule in Favor of Investors
Hong Kong court sides with investors in a landmark JPEX fraud case. The ruling orders the recovery of $238,000 in frozen assets.
🚨 New podcast with Jeff Garzik, CEO of Bloq and Hemi Network
In this conversation, Matt and Jeff discuss:
- Working with Satoshi
- Creating ASIC mining software for bitcoin
- Satoshi’s anonymity was CIA-level - a true pro
🔊 https://loom.ly/MRFIe2E
🔎 Trump vs Harris on Crypto: Everything You Need to Know
Where do Donald Trump and Kamala Harris stand on crypto — and what does this mean for American investors? Here's a full breakdown.
💰 Billionaire Saylor's MicroStrategy Unveils $42B Plan to Buy More Bitcoin Over Next Three Years
MicroStrategy has announced plans to secure an additional $42 billion in funding over the next three years, with the sole purpose of buying more Bitcoin.
💵 Can CBDCs Break US Dollar 'Hegemony'? BRICS Hopes So
CBDCs could help end the US dollar dominance in global trade, but that is still a long way off due to complex legal and governance issues.
👨💻 Asia Surpasses North America in Share of Crypto Developers: Electric Capital
The United States now accounts for just 18.8% of global crypto developers, a drop of 51% over the past year.
3. Star Dogs (STARS/WETH) ⚡️
🔹 24h Price Change: +14,152%
🔹 Current Price: $0.0004094
🔹 Analysis: Star Dogs’ price surge could be attributed to niche appeal or a potential meme status among crypto communities. With a lower market cap, meme tokens like this are highly reactive to social trends.
🔹 Strategic Insight: Monitor online forums and social media for mentions of Star Dogs; increased engagement can signal short-term growth.
🔹 Trade Wisely: Low-value tokens can fluctuate wildly, so it’s important to keep an eye on liquidity and ensure responsible trading.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Donarudo Torunp (TORUNP/WETH) 💸
🔹 24h Price Change: +64,014%
🔹 Current Price: $0.073701
🔹 Analysis: Donarudo Torunp’s massive 64,000% gain likely reflects a meme-driven interest surge, fueled by novelty and speculative trading in the market. With such rapid increases, this token is riding a wave of heightened curiosity or viral appeal.
🔹 Strategic Insight: Watch community engagement and trading volume closely; such high returns often accompany a speculative bubble.
🔹 Trade Wisely: High gains often precede significant corrections, so consider setting exit strategies and manage your risk accordingly.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💰 Coinbase Commits $25M to Fairshake in Push for Pro-Crypto Candidates for 2026 Midterms
Coinbase has announced a $25 million donation to Fairshake, aiming to bolster support for pro-crypto candidates in 2026 midterm elections.
📊 Cryptocurrency price check 📊
🔹 BTC: $72,315 + 0.15%
🔹 ETH: $2,655 + 0.55%
🔹 BNB: $592 - 1.72%
🔹 XRP: $0.52 - 0.76%
🔹 ADA: $0.35 - 0.43%
🚀 South Korea's Crypto Investor Base Surges to 7.78M in First Half of 2024, Marking a 21% Growth
South Korea’s cryptocurrency investor population has surged to new heights, reaching 7.78 million in the first half of 2024.
📉 Coinbase Stock Drops as Crypto Trading Slowdown Hits Q3 Earnings
Crypto exchange Coinbase's Q3 earnings miss the mark as trading activity slows, sending shares down 4.8% in after-hours trading.
🤝 Kraken Trims Workforce by 15%, Welcomes New Co-CEO
Crypto exchange Kraken on Wednesday announced its dual-CEO era begins with Arjun Sethi on board, and a reported 15% staff reduction underway.
📰 Celebrate Halloween In The Metaverse With Crypto Rewards and Costumes
Halloween in the Metaverse allows users from across the globe to celebrate the holiday, increasing user engagement.
📰 Investigation Connects MrBeast with 50+ Crypto Wallets Tied to Insider Trading Allegations
MrBeast is facing serious allegations of profiting over $10 million from crypto pump-and-dump schemes linked to more than 50 wallets.
⛏ Bitcoin Miners Dig Deep Amid Rising Costs in Q3 – CoinShares
CoinShares report reveals: Bitcoin miners face a tough road ahead as rising costs and tightening markets squeeze profits.