Crypto news

TL;DR Despite SHIB’s market drop, whales bought billions of tokens, with one transaction totaling $31 million. Predictions hint at SHIB nearing its price bottom, with the potential to reach an 8-month high soon. Recent Shibarium advancements and Shiba Inu’s token burn are highlighted as positive indicators for the coin’s future. Whales Seem Undeterred Despite SHIB’s Plunge The valuation of the popular memecoin – Shiba Inu (SHIB) – has recently dropped significantly in...

A former engineer at Alameda Research, the sister hedge fund of FTX, alleges that the firm incurred losses exceeding $190 million due to preventable scams. Aditya Baradwaj, the whistleblower, emphasized the frequent “significant security incidents” resulting from the firm’s fast-paced operations. These allegations were documented in a post titled “The Hacks” on the platform X. Baradwaj reported a significant incident where a trader at Alameda lost more than $100 million of...

Delta AirLines see strong demand for international travel during the fourth quarter of 2023. However, rising fuel costs can eat into the company’s profits. In their latest update, Delta Air Lines (NYSE: DAL) reported that their profits jumped by a staggering 60% during the third quarter (Q3 2023) as the travel demand remained strong during the summer. This was particularly true for international trips, said the airline operator. However, Delta Air Lines noted that the full-year earnings...

The modern world is constantly changing and evolving, offering new opportunities. With the increasing popularity of cryptocurrencies, more and more people are looking to make money. One of the innovative methods that is gaining attention and popularity is cloud crypto mining, which provides access to passive income with a small initial investment. What is cloud mining? Cloud mining is an advanced method that utilizes rented cloud computing power to mine...

Are you looking to make a long-term investment in crypto, or planning to carry out a large value investment in the asset class? You may want to consider crypto OTC trading rather than doing it the traditional way. Over the counter trading has many additional benefits, while giving heightened protection to your personal information and finances! In this post, we discuss the whats and the whys of crypto OTC trading, and find out why it is a good option for you! As a...

Users subscribed to Character.AI’s $10 plan can now access the group chat for feedback and improvements, before public release. Chatbot startup Character.AI is launching a new group chat feature for subscribers. The firm, backed by venture capital giant Andreessen Horowitz (a16z), has introduced a group chat where the app’s users and friends can simultaneously converse with multiple AI characters. Character Group Chat Helps Users Collaborate with AI Character.AI is a chatbot platform that...

Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened. The International Energy Agency (IEA), known as the world’s leading energy regulator, has recently warned that the global energy market is likely to remain volatile as the war between Israel and Hamas persists. The IEA Warning on Energy Market According to a CNBC report, the IEA stated in its latest monthly oil market release that, while the conflict has not...

As part of its celebration, the Czech-based firm has launched three new self-custody products. Hardware crypto wallet provider Trezor is in the mood for celebration after reaching the milestone of being in business for ten years. As part of its celebration, the Czech-based firm has launched three new self-custody products. The new Trezor products are a new wallet, a proprietary private key backup solution, and a Bitcoin BTC-only wallet. Trezor Unveils 3 New Products In its official...

If the appeal process, which could take years, does not result in a unanimous agreement, the corporation would have to settle any unresolved issues in court. The United States Internal Revenue Service (IRS) has informed Microsoft Corp (NASDAQ: MSFT) that it owes back taxes of  $28.9 billion “plus penalties and interest” for the tax years 2004 through 2013. In an 8-K filing on Wednesday, the corporation revealed that it had received Notices of Proposed Adjustment (NOPAs) from the IRS....

According to the filing, “over 95% of the 500 most popular sites on the Internet are the subject of typosquatting”. The New York-based investment giant BlackRock Inc has called for a crackdown on dozens of domain names that have been registered to imitate the investment firm as they could potentially be used to defraud investors. Blackrock is seeking a court-ordered strike on the domains and  “typosquatting” sites, some of which are crypto-related. According to an October 10 legal...