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Bitcoin Miners' Revenue Hits Annual Low in September

Bitcoin Miners’ Revenue Hits Annual Low in September

In September, miners of the leading cryptocurrency earned a total revenue of $815.7 million. This marks the lowest figure since the beginning of the year, according to data from The Block. Source: The Block. The amount of fees in miners’ revenue amounted to $13.86 million — the lowest since the BRC-20 standard emerged in March […]

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Bitwise Files for Spot XRP ETF Registration

Bitwise Files for Spot XRP ETF Registration

Digital asset manager Bitwise has submitted an application to launch a spot exchange-traded fund based on XRP. ?SCOOP: Crypto asset manager @BitwiseInvest has filed in the state of Delaware for an $XRP ETF. More details to come. Stay tuned. ? pic.twitter.com/2q7zDj7aYm — Eleanor Terrett (@EleanorTerrett) October 1, 2024 The firm promised to provide further details […]

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Indiana Man Admits to $37 Million Cryptocurrency Theft

Indiana Man Admits to $37 Million Cryptocurrency Theft

The U.S. Attorney’s Office has charged a 21-year-old resident of Lebanon, Indiana, with cybercriminal fraud resulting in over $37 million in cryptocurrency losses. Court documents reveal that in February 2022, Evan Light was involved in hacking an investment holding company based in Sioux Falls, South Dakota. He stole personal information from clients and cryptocurrencies amounting […]

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Fed Chair Signals Further Rate Cuts

Fed Chair Signals Further Rate Cuts

The Chairman of the United States Federal Reserve (Fed), Jerome Powell, has signaled further reductions in the key interest rate to stimulate economic growth and boost employment, reports WSJ. According to the senior official, despite current economic challenges, the overall situation in the country remains stable and inspires cautious optimism regarding future prospects. He noted […]

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Binance to Introduce Risk Warnings for Select Tokens

Binance to Introduce Risk Warnings for Select Tokens

The largest cryptocurrency exchange, Binance, will introduce banners and pop-up warnings for certain coins that have “undergone significant changes in their tokenomics over the past 18 months.” At #Binance, we’re always listening to community feedback and looking out for our users! Starting today, we’ve introduced risk warnings for tokens with significant tokenomics changes. This initiative […]

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Yuki Gambaryan Urges US State Department to Intervene in Husband's Case

Yuki Gambaryan Urges US State Department to Intervene in Husband’s Case

The wife of Tigran Gambaryan, an arrested Binance executive in Nigeria, has called on the US State Department to assist in his release. Yuki Gambaryan made her appeal on the Designated podcast. According to Yuki Gambaryan, Tigran’s health is rapidly deteriorating. He requires a tonsillectomy due to persistent respiratory infections and is unable to walk […]

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Pike Finance Token Plummets 94% Post-Listing Amid Liquidity Shortfall

Pike Finance Token Plummets 94% Post-Listing Amid Liquidity Shortfall

The Pike Finance team contributed an equivalent of $10,000 to the liquidity pool on the Aerodrome platform within the Base network. This modest amount led to a 94.1% collapse of the DeFi project’s token following the TGE. Trading commenced at $0.02427, but within 20 minutes, the price had plunged to $0.001436. At the time of […]

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Far-Right Groups Employ AI to Promote Hitler

Far-Right Groups Employ AI to Promote Hitler

Far-right groups are leveraging artificial intelligence to disseminate fake videos featuring Adolf Hitler in an attempt to foster solidarity with his ideas. This is according to a report by the British non-profit Institute for Strategic Dialogue (ISD). The report indicates that voice generators have been used to create English versions of Hitler’s speeches. In 2024, […]

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QCP Capital Anticipates Continued Bitcoin Growth in October

QCP Capital Anticipates Continued Bitcoin Growth in October

Stimulus measures from China’s central bank and a rate cut by the Fed are expected to maintain optimism towards risk assets, including stocks and bitcoin, in October, according to QCP Capital, reports The Block. Analysts noted a 7.3% increase in the price of digital gold in September, defying seasonal trends. Data: Coinglass. This performance was […]

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Buterin Backs Polymarket's Controversial Betting Section

Buterin Backs Polymarket’s Controversial Betting Section

Ethereum co-founder Vitalik Buterin has expressed support for the existence of bets related to “Hezbollah” on the decentralized prediction platform Polymarket. I support these existing. The point of polymarket is that from the perspective of traders it’s a betting site, but from the perspective of viewers it’s a news site. There’s all kinds of people […]

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FTX Reorganization Plan Secures 94.5% Creditor Approval for $6.8 Billion Claims

FTX Reorganization Plan Secures 94.5% Creditor Approval for $6.8 Billion Claims

Approximately 94.48% of FTX.com clients have voted in favor of the platform’s reorganization plan. Hearings for its approval are scheduled for October 7, reports The Block. The group of FTX.com clients has claims on assets valued at $6.83 billion. Roughly 89.1% of FTX.US users and about 95.88% of creditors in the “related to FTX.com services” […]

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British Fraudster Dupes Over 250 Crypto Investors Out of $650,000

British Fraudster Dupes Over 250 Crypto Investors Out of $650,000

Over the past year, a British fraudster operating under the alias Ape_31 has stolen more than $650,000 in cryptocurrencies from over 250 users, according to on-chain detective ZachXBT. 1/ The UK scammer @ape_31 @60711 has stolen more than $650K from 250+ X users in the past year by posting fake PNL screenshots from a Bybit […]

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