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Tag Archives: social

Coinbase Wants to Launch Futures Contracts These Crypto Assets on April Fools’ Day

The derivatives arm of the largest American cryptocurrency exchange, Coinbase, intends to launch futures trading contracts for Dogecoin DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. According to several letters filed with the United States Commodity Futures Trading Commission (CFTC) earlier this month, Coinbase Derivatives will launch monthly cash-settled and margin futures contracts for the cryptocurrencies on or after the coming April Fools’ Day. Futures...

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Argentinians Turn to Bitcoin Amid Increasing Inflation Rates: Report

In the face of relentless inflation and economic instability, Argentinians are increasingly turning to Bitcoin as a refuge, with recent data indicating a surge in purchases of the cryptocurrency. This trend comes as Bitcoin has experienced a remarkable rally in recent months, hitting record highs and outpacing traditional hedges against inflation, such as the U.S. dollar. Bitcoin Purchases Soar in Argentina According to a Bloomberg report, in the first week of March alone,...

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TON Defies Market Sentiment With 11% Surge, BTC Falls to $64.5K (Weekend Watch)

BTC’s price troubles are not over yet as the asset tumbled to $62,500 yesterday before managing to recover around two grand. The altcoins have also bled out on a daily scale, and the total crypto market cap has remained well below $2.6 trillion. Bitcoin’s Latest Issues The start of the current business week and how it went were in total contrast to the previous one when BTC skyrocketed above $73,000 to chart its latest ATH. However, the bears have taken control of the market...

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Another Tornado Cash Activity Flagged: Stolen Funds From HECO Bridge Exploit Moved

In August 2022, the US Treasury Department’s Office of Foreign Asset Control (OFAC) imposed sanctions on Tornado Cash, prohibiting its usage for US citizens, residents, and companies. But this has not deterred hackers from moving stolen funds through the controversial crypto tumbler to obfuscate tracking. In fact, PeckShield’s latest update reveals that exploiters of the HECOBridge have moved over 40,391 ETH, valued at around $145.7 million, executing 19 outgoing transactions...

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Google Search Now Displays Wallet Balances for Ethereum Name Services (ENS) Domains

Google has expanded its native support for Ethereum wallet balances to include Ethereum Name Service (ENS) domains. This development was revealed by former ENS core team member Brantly Millegan through a post on X. Google Expands Functionality to ENS Domains The Ethereum Name Service, commonly known as ENS, provides human-readable domains such as example.eth, which can be linked to Ethereum wallets. This simplifies crypto holders’ process of sending and receiving funds by...

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This Blockchain Game Was Exploited for $4.6 Million Right Before its Launch

Super Sushi Samurai, a blockchain game native to layer-2 solution Blast, was exploited hours before its much-anticipated gaming product was launched. The exploit, reportedly orchestrated by a white hat hacker, has resulted in a loss of $4.6 million due to a bug in its smart contract code. Smart Contract Bug Exploited According to an announcement from the Super Sushi Samurai team, the exploit was due to a bug in the smart contract code, allowing an unauthorized party to...

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Bitcoin Recovery Attempts Halted as ETF Outflows Continue, World’s Biggest Pension Fund Looks at BTC: This Week’s Crypto Recap

Things move fast in the cryptocurrency space, and the landscape tends to change quickly, especially price-wise. This has indeed been the past within the past seven days. It was just a week ago when Bitcoin’s price was soaring high, charting fresh all-time highs almost daily. The latest peak came last Thursday when BTC neared $73,800 for the first time ever. However, the situation started to change a day later when the cryptocurrency dumped to $66,000, and it’s even worse...

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Whale Activity Backs Dogecoin’s (DOGE) Surge Above $0.16: Data

Dogecoin has emerged as one of the top-performing assets amidst market recovery from significant volatility last weekend. Trading at $0.164, the eighth-largest crypto by market capitalization, has extended its monthly gains to nearly 96%. Coinciding with this surge, the number of transactions by DOGE whales has hit a new milestone. Dogecoin Whales Make a Splash Amidst renewed market activity, Dogecoin’s whale activity appears to be soaring, with transactions exceeding $1...

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FTX CEO Criticizes SBF’s Bold Claim of ‘Zero’ Harm to Customers as ‘Reckless’ and ‘False’

The current CEO of FTX, John Ray, has disputed the former CEO Sam Bank Fried’s assertion that there was “zero” harm to customers during the platform’s collapse in 2022, labeling the claim as “reckless” and “false.” Ray’s criticism follows Bankman-Fried’s conviction in November for embezzling $8 billion from FTX customers. John Ray Challenges SBF’s Defense Strategy The former CEO’s defense strategy has relied heavily on the notion that since there might be a chance of customer...

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CryptoPunks NFT Fetches Millions: Punk #7804 Sold for Over $16M in ETH

The once-hot NFTs witnessed a significant downturn during the crypto winter. But this sector again appears to have bounced back following the widespread rebound of digital assets. One of nine Alien Punks was sold for 4,850 ETH – the second-largest CryptoPunks sale ever – just days after a similar recent transaction of Alien Punk #3100. Blue-Skinned Punk Fetches $16.42M Punk #7804, part of the exclusive Ethereum NFT collection featuring only nine Alien Punks, exchanged hands...

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