Crypto news

The lone scammer has managed to abscond with approximately $385,000 worth of Ether (ETH) in under 24 hours. This incident forms part of a string of SIM-swapping hacks targeting users of the popular platform Friend.Tech. Scammer Steals 234 ETH in Less Than 24 Hours Blockchain investigator ZachXBT took to X on Oct. 5 to report that an individual had successfully stolen 234 ETH in the past day alone. This was achieved by manipulating the SIM cards of four unsuspecting...

TL;DR XRP wallets surpass 4.8 million, driven by Ripple’s recent court victories against the SEC. Ripple and its XRP token gained significant attention following a key court win in July. Despite speculation, Ripple did not announce an IPO or settlement with the SEC at their recent NYC party. Inching Towards 5 Million The total number of XRP wallets has recently surpassed 4.8 million. The latest surge of the figure comes amid another dose of enthusiasm among the Ripple...

BitMEX co-founder and macro-analyst Arthur Hayes recently predicted that Bitcoin’s price will soar between $750,000 and $1,000,000 per coin within roughly 3 years. His prediction, which is far more bullish than that of most analysts, rests on a macroeconomic thesis that all financial assets are due for an unprecedented boom. The Biggest Bull Market Ever In an interview with Impact Theory published on Tuesday, Hayes claimed that Bitcoin will continue to trade sideways near...

TL;DR Analyst EGRAG CRYPTO suggests XRP could reach $27 after Ripple’s legal win and its role in cross-border payments. Investors are advised to be cautious due to potential broader market downturns. Past XRP price predictions from different analysts vary widely, from $1.40 to $500. Much More Bullish After Ripple’s Second Victory The popular cryptocurrency analyst using the X (Twitter) handle EGRAG CRYPTO opined that the latest developments surrounding Ripple could act as a...

Ethereum’s price action has been relatively bearish in recent months, breaking below multiple support levels. However, investors can still be hopeful that an upward movement may be on the horizon. Technical Analysis By Edris The Daily Chart As depicted on the daily timeframe, the price recently tested the $1,750 resistance level but failed to break above it and was rejected to the downside. The 50-day moving average, located around the $1,650 mark, is currently providing...

As we juggle careers, families, and personal aspirations, the thought of retirement might seem distant. Yet, the financial landscape for our generation presents unique challenges that deserve our attention now. By addressing these challenges head-on, we can pave the way for a brighter and more secure future, all while living our best lives today. Today’s Challenges: The Income Reality Our incomes today are the foundation of our financial future. However, it’s no secret that gender pay gaps...

WiFi Map, a leading player in the decentralized physical infrastructure network (DePIN) space, proudly announces a remarkable milestone as it crosses the 170 million users mark on its popular mobile app. This achievement not only highlights WiFi Map’s commitment to its mission but also signifies a substantial step toward its goal of bridging the global digital divide. The WiFi Map app, known for its innovative approach to connectivity, enables users to discover, share, and access WiFi...

Former BlackRock managing director Steven Schoenfield, who now serves as the CEO of MarketVector Indexes, predicts that the U.S. SEC will approve a Spot Bitcoin ETF within three to six months. Schoenfield shared this estimate during a panel discussion on ETFs at CCData’s Digital Asset Summit in London, where he was joined by another ex-BlackRock director, Martin Bednall, now CEO of Jacobi Asset Management. SEC’s ETF Approval Could Come Sooner Schoenfield’s response came after...

Market participants have been particularly attentive to any signals that the Federal Reserve may continue to raise interest rates. A recent report from the Labor Department has revealed that initial filings for jobless claims or unemployment benefits for the week ended September 30th reached a seasonally adjusted 207,000. While this statistic represents a 2000 rise over the previous figure, it fell short of the Dow Jones consensus projection of 210,000, indicating that the job market...

Amid the ongoing trial of FTX co-founder and former CEO Sam Bankman-Fried, a report has surfaced stating that some of the company’s employees based in the United States found a hidden backdoor allegedly used by Alameda Research to siphon billions worth of customer funds from FTX, six months before the crypto exchange’s eventful fall. The firm’s top management fired the leader of the FTX team, who discovered the secret backdoor for Alameda. FTX Employees Alerted Exec About...