The Inside Story of Jaynti Kanani’s Departure From Polygon
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ The Intricacies Behind Jaynti Kanani’s Departure and the Future of Polygon 2.0 2️⃣ Dogecoin NFT Community ‘Own The Doge’ Is Installing Kabosu […]
Bitcoin at risk of short-term downfall while Ether ETFs fail to impress
Bitcoin (BTC) may be facing a possible short-term reversal, following recent price increases. Ether (ETH) futures exchange-traded funds (ETFs) have also been underperforming, adding to the gloom in the crypto market. According to a CoinDesk report on Thursday, FxPro senior market analyst Alex Kuptsikevich warned, “Bitcoin continues to tend to sell on growth, failing to […]
Bitcoin triumphs over US Dollar in battle against ‘Eggflation’: Federal Reserve data
The U.S. Federal Reserve has unintentionally admitted that Bitcoin (BTC) is outperforming the U.S. dollar in curbing inflation, according to a revelation that comes from a Fed blog post discussing Bitcoin’s purchasing power. The blog, first published in June 2022 and subsequently updated, compares the price of a dozen eggs bought with BTC and dollars. […]
FTX hacker converts a total of $100M of stolen Ethereum into Bitcoin
The individual responsible for the FTX hack has reportedly converted an additional $25 million of stolen Ethereum (ETH) into Bitcoin (BTC), bringing the total conversion to $100 million. The conversion was carried out over two transactions on October 4th. The transactions were executed with a gap of eight hours, using THORChain Router, a bridge protocol […]
FTX’s Bankman-Fried on trial yet no word on FTT amid discussions on Dogecoin and Solana
The trial of Sam Bankman-Fried, the founder of the now-dissolved FTX exchange, has begun. The trial opened with discussions of Bitcoin, Ethereum, Dogecoin, and Solana, but notably, FTT, the exchange’s native token, was not mentioned. During the first day of trial on Tuesday, the prosecution’s opening statements in the New York district court were primarily […]
Bitcoin bridging solution by Nomic to enhance liquidity in Cosmos ecosystem
Nomic a layer-1 bridging solution is introducing a Bitcoin-backed token to increase liquidity in the Cosmos ecosystem. This layer-1 blockchain solution will augment the DeFi capabilities of Cosmos. Nomic is poised to execute the nBTC Interchain Upgrade on the Nomic layer-1 blockchain by the close of October. This will initiate the launch of a new […]
Sam Bankman-Fried Pondered $5 billion Offer To Trump To Bow Out Of 2024 Race
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ Less Than Stellar Debut For Ethereum Futures Etfs By Vaneck, Proshares, And Valkyrie 2️⃣ Sam Bankman-Fried Pondered $5 billion Offer To Trump […]
Elusive ‘Satoshi Nakamoto’ twitter handle springs back to life after years of dormancy
An account bearing the handle @satoshi, linked to the pseudonymous creator of Bitcoin, has emerged from a long silence on the social media platform, X. The account broke its silence on Sunday, marking its first activity since 2018. The reappearance has sparked widespread speculation among the cryptocurrency community. “Satoshi Nakamoto” is the pseudonym of the […]
Bitcoin edges towards $28.5K amidst trader skepticism
Bitcoin (BTC) is eyeing a $28,500 price tag as it maintains its early October gains, despite some traders expressing doubt. Data from TradingView shows strong BTC price action in the first U.S. trading session of October. The leading cryptocurrency saw swift gains, following a relatively cool monthly candle completion which had BTC closing at $26,970. […]
Why Is Bitcoin, Ethereum, Ripple Pumping All Of A Sudden?
Cryptocurrencies witnessed a significant surge in value on Sunday, leading to the unexpected liquidation of over $100 million. Bitcoin , Ethereum , experienced increases of 3.29%, 3.05%. This surge coincides with the advent of “Uptober,” a term used in the crypto world to describe the typically bullish trend of cryptocurrencies in October. Optimism in the […]