TL;DR Uphold’s XRP Giveaway Winner: Uphold, a New York-based cryptocurrency exchange, awarded 20,000 XRP to Oregon resident Daniel Z. and plans to give away 50,000 XRP in November, increasing from an initial 10,000 XRP after partnering with Ripple. November Sweepstakes Mechanics: Participants in Uphold’s November sweepstakes can win 50,000 XRP by making trades, with each $20 trade providing an entry. XRP Price Outlook: Analysts predict a rise in XRP’s price, with potential...
Read More »Friend.Tech Targeted Again: Elaborate Scheme on Phishers Posing as Journalists Uncovered
Blockchain security firm SlowMist has cautioned about a surge in phishing attacks carried out by impostors posing as journalists on the recently launched decentralized social network friend.tech. It was first flagged on October 14, when Twitter user Masiwei reported a malicious code targeting friend.tech for account theft. As per the SlowMist Security Team’s investigation, the link shared by the attacker included a malicious JavaScript script. Attacking Process According to...
Read More »Coinbase With an Important Announcement Regarding Solana (SOL)
Coinbase (NASDAQ: COIN) has listed SOL perpetual futures on its international exchange and Coinbase Advanced. The launch occurred earlier today, November 14. Avalanche’s AVAX is another major cryptocurrency to get listed on both platforms. We’ll see two major trading pairs this week: SOL-PERP and AVAX-PERP. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures contracts on Coinbase International Exchange & Coinbase Advanced. The opening of our...
Read More »Opyn Co-Founders Step Down Amid Regulatory Pressures
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry. This decision comes in the wake of charges filed against Opyn by the Commodity Futures Trading Commission (CFTC) in September. Opyn’s Co-founders Announce Departure from Crypto Opyn co-founders CEO Zubin Koticha and Alexis Gauba recently announced their departure from the crypto world. Koticha, in a post on X, stated, “After the regulatory...
Read More »This Whale is Cashing Out Millions as Bitcoin (BTC) Price Correction Looms
A Bitcoin whale has entered a massive selling spree, offloading 411 Bitcoin for about $15.2 million. According to data from Lookonchain, the whale first converted the Bitcoin to Wrapped Bitcoin (WBTC) before selling it at an average price of $37,023. The whale still has 155 WBTC, worth about $5.74 million. A whale is selling $BTC. This whale bridged $BTC to #Ethereum to sell and has sold a total of 411 $WBTC for 15.2M $USDC at $37,023. There are currently 155 $WBTC($5.74M)...
Read More »Bitcoin Miners Reach Annual High Revenue of $44 Million
The Bitcoin (BTC) mining community achieved an annual all-time high (ATH) on November 12, amassing $44 million in combined block rewards and transaction fees. This milestone, the highest for the year, marks a resurgence for Bitcoin miners who weathered a challenging period between April 2022 and November 2023. 2023 Marks a Turnaround for Bitcoin Miners According to data from Blockchain.com, the Bitcoin (BTC) mining community achieved a significant milestone on November 12. It...
Read More »Bitcoin Crashes Back to $35k Triggering $367 Million in Liquidations
Bitcoin (BTC) plummeted back to $35,100 on Tuesday after briefly rallying as high as $38,000 late last week. The collapse has triggered over $367 million in liquidations across the crypto market in the past 24 hours. According to Coinglass, over $200 million in liquidations have occurred in the past hour alone. Across the day, over 103,000 traders have been liquidated, with the largest being a BTC-USDT swap on OKX valued at $9.45 million. Bitcoin started the day trading for...
Read More »Disney Partners Dapper Labs to Launch NFT Collectibles Platform
The release date has not been confirmed, but the platform is already claimed to become an ‘all-new socially driven collectible experience that brings the magic of pin collecting to the digital age’. Entertainment giant the Walt Disney Company (NYSE: DIS) has joined forces with a leading blockchain-based video games developer Dapper Labs Inc. to launch an NFT collectibles platform. Dubbed “Disney Pinnacle”, the platform will allow collectors to buy and trade branded NFTs minted on the Flow...
Read More »The Reason Polygon (MATIC) Price Has Exploded 80% in the Past Month
TL;DR MATIC’s Price Surge: Polygon’s native token, MATIC, has seen an 80% increase in value over the past month and is among the few assets to gain in the last 24 hours, currently trading at around $0.94. Market Sentiment and Institutional Interest: The rally in MATIC’s price is partly attributed to the overall bullish sentiment in the crypto market and growing interest from institutional investors and whales. Significant Accumulation by Key Wallets: Key wallets holding...
Read More »Uniswap Wallet Launches On Android Following Completed Beta
Uniswap has rolled out the completed version of its wallet app to all Android users following a brief beta testing period that began last month. The app brings a simple mobile user interface to its decentralized exchange (DEX), which is currently the largest in the entire crypto ecosystem. Per Uniswap’s announcement on Tuesday, app users will be able to swap tokens across 8 different blockchains including Ethereum, Polygon, Optimism, and Arbitrum, all while managing their...
Read More »