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Tag Archives: social

Blockchain Developer’s MetaMask Wallet Emptied in Deceptive Job Interview

A blockchain developer, Murat Çeliktepe, has shared a distressing incident recounting a holiday experience that resulted in the loss of $500 from his MetaMask Wallet to an individual posing as a ‘recruiter.’ Notably, Çeliktepe was initially contacted on LinkedIn under the pretense of a genuine web development job opportunity. Developer Falls Prey to Coding Job Scam During the purported job interview, the recruiter instructed Çeliktepe to download and debug the code from two...

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3 Bullish Bitcoin Things to Be Excited About in 2024

Next year looks promising for the crypto industry as major events are set to occur. Among the several benefits of the upcoming events is a stronger interest from institutional investors and wider adoption of crypto assets, a significant milestone for a sector that came into existence just 14 years ago. CryptoPotato has put together this short list as optimism builds around the potential growth of the Bitcoin ecosystem, stemming from the network’s upcoming halving event, the...

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Bitcoin Critic Jamie Dimon’s JPMorgan to Buy BTC on Behalf of BlackRock’s ETF

The amendments for spot Bitcoin ETF applications continue, with BlackRock naming Jane Street Capital and JPMorgan Securities as the authorized participants for its own exchange-traded fund, should it receive the green light from the US SEC. What’s particularly interesting is the involvement of JPM, whose CEO just recently urged the US government to close down Bitcoin. JPM, Jane Street Named as APs Global financial behemoths, such as BlackRock, Fidelity, VanEck, and Valkyrie,...

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Stablecoins Become the Preferred Quote Currency in Recent Market Trends: Glassnode

In 2023, digital assets experienced an exceptional year, witnessing a remarkable surge in Bitcoin prices by over 172%, with a correction of less than 20%. In addition to Bitcoin and Ether, capital inflows in stablecoins also remained positive. The market surpassed crucial technical and on-chain pricing models, and October emerged as a pivotal moment for institutional capital movement, according to Glassnode’s recent analysis. Stablecoins in 2023 Over the last two years, the...

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Digital Asset Investments Stage a Comeback; Bitcoin Reigns Supreme With $87.6M Inflows

Digital asset investment products resumed inflows after breaking the 11-week streak of positive cash flows. According to the findings by CoinShares’ Head of Research, James Butterfill, the net inflows totaled $103 million over the last week. Bitcoin investment products, as usual, attracted the highest capital inflow. The digital asset manager revealed a net inflow of $87.6 million during the period. Short-bitcoin also experienced a minor inflow amounting to $0.3 million....

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The Sandbox Enters ‘Depression’ Phase – Is Now the Time to Acquire SAND?

SAND, the native token of metaverse platform ‘The Sandbox,’ has gained over 40% in the past month, driven by a broader market resurgence that pushed its price to $0.61, a level last seen in April this year. SAND is one of the popular GameFi tokens that initially gained prominence in 2020-2021 amid the pandemic, providing individuals with an alternative source of income during lockdowns. Despite the initial prominence of GameFi tokens in 2020-2021 during the pandemic, their...

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Flippening: Ethereum (ETH) Surpasses Bitcoin (BTC) in This Key Metric

The amount of Ethereum owned by long-term hodlers reached a record of over 70% in December, according to data from blockchain analytics firm IntoTheBlock. These committed holders have refrained from selling their Ethereum stash, contributing to the altcoin’s new benchmark. The latest ITB data also reveals that Ethereum has surpassed Bitcoin in terms of the percentage held by long-term holders, with the latter a little below the 70% mark. HODLers, individuals who hold onto...

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Bitcoin Miners Transaction Revenue Clocks 400% YoY Surge in 2023

Bitcoin (BTC) miners in 2023 have collected a daily average of $2 million in transaction fee revenue, according to data from Coinmetrics. The value reportedly showcases a 400% increase compared to last year’s averages. Bitcoin Miners Revenue Increases Year Over Year According to a Dec. 23 post on X (formerly Twitter) made by Jameson Lopp, the Co-founder and CTO of BTC self-custody solutions company Casa, Bitcoin miners generated revenue exceeding $10 billion in 2023, adding...

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This Is How ETFs Managed by TradFi Firms Could ‘Completely Destroy’ Bitcoin: Arthur Hayes

Arthur Hayes, the founder of the BitMEX crypto exchange, believes the success of the much anticipated Bitcoin exchange-traded funds (ETFs) will “completely destroy” the leading digital network. In a recent blog post titled “Expression,” Hayes opined that Bitcoin could die if all the BTC in circulation end up in the hands of traditional finance asset managers, most of whom are vying for the ETFs. Destroying Bitcoin Hayes explained that his prediction is based on the difference...

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These Are This Week’s Top Performers as Bitcoin Price Defends $43K (Market Watch)

Bitcoin dropped on Christmas Eve by roughly a grand and briefly went below $43,000 but has managed to bounce off above that level as of now. Polkadot is the top performer from the larger-cap alts now, with a 5% increase on a daily scale. In contrast, SOL and AVAX have cooled off after the recent rallies. BTC Down to $43K After the unfavorable start of the previous business week, bitcoin went on the offensive on Wednesday and Friday and spiked above $44,000 during both trading...

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