Bitcoin (BTC) faces resistance at $28,000 as geopolitical uncertainty influences traders, with analysts suggesting a potential move towards $30,000.
Attorney and crypto advocate John Deaton criticizes supporters of former FTX CEO Sam Bankman-Fried, stating that those who characterize him as well-intentioned and mistake-prone are unfit to manage people's finances and should not be interviewed by prominent media outlets.
Bitcoin may experience a significant rally to $42,000 if it breaks through the resistance level at $28,000, as suggested by top trader DonAlt, who remains bullish on BTC despite bearish sentiment.
Huobi Global's crypto exchange HTX has recovered the 5,000 ETH that was stolen by a hacker in September and has issued a 250 ETH bounty, while also acknowledging the increasing number of hacks in the crypto industry.
Stars Arena, an Avalanche-based Web3 social media app, has secured funding to cover the $3 million loss caused by a hack and plans to re-open its smart contract after a security audit. The hacker drained almost $3 million worth of AVAX tokens and transferred them to the Fixed Float crypto exchange, and the team is working to recover the funds and improve platform security.
A business owner in Southwest Florida is still missing $240,000 from her bank account after unauthorized transfers, and the bank has not recovered or reimbursed the funds.
On-chain activity suggests Ethereum (ETH), Shiba Inu (SHIB), and SushiSwap (SUSHI) may experience short-term price rallies, as traders displayed signs of panic leading to a rebound opportunity, according to Santiment.
Russian President Vladimir Putin has allegedly been targeted in an assassination plot, with a man presenting a service identification card stating his order to "remove" Putin in a conversation at a karaoke bar.
Opening arguments have begun in the trial of former FTX CEO Sam Bankman-Fried, who is accused of using customer funds to enrich himself and gain political credibility, while cryptocurrency exchange Binance continues to lose market share for the seventh consecutive month.
Coinbase, the top US crypto exchange, is focusing on international markets due to regulatory uncertainty in the US and aims to bring a billion people into crypto.
Healing Realty Trust, in partnership with HealingMaps, is using AI-powered geospatial tools to identify oversaturated clinic clusters and opportunities in the psychedelic-assisted therapy (PAT) market, aiming to provide stable real estate assets for the industry and access to traditional banking while filling the infrastructure gap in the facilitation of PAT.
Neurotech startup Prophetic AI aims to develop a non-invasive neural device that induces and stabilizes lucid dreams in order to provide individuals with access to prophetic knowledge and wisdom, leveraging advances in neuroscience and artificial intelligence.
The Commodity Futures Trading Commission (CTFC) is considering taking enforcement action against Stephen Ehrlich, the former CEO of Voyager, for allegedly misleading customers about the safety of their assets.
Despite some positive announcements, the prices of Bitcoin and Ethereum remained relatively stable, indicating that cryptocurrencies are less influenced by current news compared to the past; however, Avalanche and Solana experienced notable price rallies.
The cryptocurrency ecosystem experienced a significant decline in fundraising during Q3, reaching its lowest point in three years, with crypto-focused firms raising just under $2.1 billion across 297 deals, down 36% from Q2.
Stars Arena, a social platform backed by Avalanche's Contract Chain, experienced a major security breach resulting in the loss of $2.85 million worth of AVAX tokens, causing the price of AVAX to drop and users to remove the platform from their Twitter accounts.
A TechCrunch Exchange newsletter explored the results of a survey on the future of AI and delved into the book "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall" by Zeke Faux, which examines the broader impact of the cryptocurrency industry.
Sam Bankman-Fried, co-founder of FTX, authorized the illegal use of customer funds to cover losses at an affiliated hedge fund, according to FTX's co-founder Gary Wang, as prosecutors claim Bankman-Fried orchestrated a massive fraud scheme; Wang also revealed that Bankman-Fried ordered the transfer of FTX's remaining assets to regulators in The Bahamas instead of US authorities when the exchange filed for bankruptcy.
A hacker attacked Galxe, a web3 platform, and reportedly stole around $200,000, causing the project's website to go down temporarily.
Finality in blockchain refers to the permanent and unchangeable confirmation of transactions or blocks, and it is crucial for the security and authenticity of the technology. There are different types of finality, such as probabilistic, economic, instant, unconditional, and state finality. Finality ensures transaction validity, prevents double spending, and guarantees determinism in smart contracts. However, challenges like forking, network latency, vulnerabilities, and 51% attacks hinder finality. Techniques to enhance finality include longer confirmation periods, multiple validations, and advanced consensus algorithms. Future trends involve hybrid consensus models, advanced cryptography, quantum-resistant solutions, and improved blockchain interoperability.
Vitalik Buterin proposes a two-tier staking system to enhance decentralization and security in Ethereum's network, allowing stakers to select preferred node operators and reducing the number of required signatures.
The price of Ethereum's native token, Ether (ETH), has struggled to surpass $2,000 due to factors such as a bear cycle fractal, a stronger U.S. dollar, underperformance compared to Bitcoin, a decline in Ethereum network activity, and a drop in NFT volumes and unique active wallets.
Bitcoin could potentially drop by more than 46% if there is a recession caused by the Federal Reserve's actions, according to crypto analyst Nicholas Merten.
Maker, a decentralized autonomous organization (DAO), is considering a proposal to add tokenized uranium as collateral to its protocol, aiming to democratize ownership and provide stability to a commodity that is growing in importance. The proposal has sparked both interest and skepticism within the crypto community.
Elon Musk's latest biography explores his early years, highlighting his challenges, unconventional behavior, and lack of social connections, but also his unwavering ambition and drive that ultimately led to his remarkable success as an entrepreneur and visionary.
Charlie Munger, the vice chairman of Berkshire Hathaway, expressed skepticism about the hype around artificial intelligence (AI) and criticized cryptocurrencies, stating that AI is receiving more attention than it deserves and most cryptocurrencies will lose their value completely.
Warren Buffett's preferred asset class of equities has outperformed Bitcoin, as demonstrated by the recent performance of Berkshire Hathaway's Class A stock, and the billionaire investor has focused on American homebuilders such as Lennar Corp, as well as Diageo and Occidental Petroleum, in his portfolio, all of which have outperformed the cryptocurrency.
Cryptocurrency strategist Altcoin Sherpa predicts that Avalanche (AVAX) will experience a significant surge, attributing it to the launch of Stars Arena, a decentralized social finance application on the AVAX blockchain. Meanwhile, Sherpa also anticipates a dip in Solana (SOL) before a subsequent upward movement.
Nearly $3 million worth of Avalanche's AVAX tokens were drained from Stars Arena through an exploit in the platform's smart contract, leaving the Arena with just under $1 in funds.
Velvet Capital is a cross-chain operating system that aims to democratize asset management in the DeFi space by allowing users to easily create and manage their own portfolios or access ready-to-use portfolios, with a focus on reducing counterparty risk and providing a seamless user experience.
Two senior Republican members of the United States House of Representatives have urged the Biden administration to strengthen export controls on advanced semiconductors to China, citing recent technological advancements by China's leading semiconductor manufacturer as a reason for revising regulations.
Sam Bankman-Fried, founder of failed cryptocurrency exchange FTX, is on trial for a $10 billion fraud, with prosecutors portraying him as a mastermind who squandered customers' money, while his lawyers argue that he was an inexperienced tech founder who acted in good faith.
The Ripple XRP price experienced a breakout from a descending resistance trendline on September 11, but is still trading below a key resistance area of $0.55, with a bullish outlook suggesting a potential breakout above that level leading to price increases of around 11% to 25%.
Prominent cryptocurrency figure Crypto Eri reaches out to Elon Musk seeking clarification on the suspension of an XRP-related account and questions whether it was an error, sparking debate about censorship within the X community.
Elon Musk tested video game streaming on the X platform, revealing plans to integrate streaming services with Xbox and PS5 without aiming to compete with specialized streaming platforms.
Yuga Labs, the creator of Bored Ape Yacht Club, is undergoing a restructuring that includes layoffs in order to refocus on core priorities and partnerships, while Nike's Web3 unit, .Swoosh, has unveiled its first physical sneaker line, available only to .Swoosh members who purchase and open specific NFTs by a certain deadline. Meanwhile, the gaming-focused Mythos Chain has surpassed Polygon and Solana to become the second-largest blockchain in terms of NFT sales volume, largely fueled by trading on the DMarket marketplace, and Starbucks has released open-edition Pumpkin Spiced Latte NFTs as part of its Web3 loyalty rewards program.
Sam Bankman-Fried, co-founder of Alameda Research and FTX, is accused of lying to increase his wealth and influence, as revealed in the ongoing crypto trial where witnesses have testified about the harm caused to customers and the commingling of funds between FTX and Alameda.
A woman in Tennessee had her bank account frozen for over two months, with Green Dot Bank blocking access to $48,000 of her funds, citing vague suspicion of unusual activity, despite her attempts to prove her identity and the source of her funds.
The utility and governance token for the mobile wallet app Trust Wallet (TWT) has seen a surge of over 22% this week, outperforming the majority of the crypto market, while the overall market cap only gained less than 0.5%.
Bitcoin's price reacted positively to the US Bureau of Labor Statistics' release of the September non-farm payrolls report, with an on-chain indicator suggesting that BTC is in a prime position for bullish price action in the upcoming weeks.
In the past year, America's four largest banks have lost hundreds of billions of dollars in deposits, with approximately 30% of the total exiting JPMorgan, Bank of America, Wells Fargo, and Citi, indicating a decline in trust in the banking system and a potential mass consolidation of regional banks in the US.
Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of Bitcoin and other digital assets to Coinbase and unknown wallets, according to data from whale-surveying platform Whale Alert.
FloorDAO, a finance-focused crypto group, has forked into two separate entities to distance itself from activist investors who had obtained a significant stake in the project, resulting in the creation of a splinter group called FloorkDAO and a rise in the value of FLOOR tokens. This incident highlights the growing trend of activist investors targeting DAOs to acquire governance tokens and influence decision-making through token accumulation.
Canada-based Bitcoin mining firm Iris Energy has increased its total hashrate by 25% to 7.0 EH/s by adding 7,000 Bitmain S21 miners, costing $19.6 million, in preparation for the upcoming Bitcoin halving event.
Bitcoin price could potentially increase by 5% to reach the supply zone at $29,000 if it successfully breaks through the $28,096 resistance level, while Ethereum price is aiming for the $1,674 resistance level with a pending buy signal. Additionally, Ripple price is expected to climb to $0.5604 as long as it holds above an ascending trendline.
Gary Wang, the former chief technology officer of cryptocurrency exchange FTX, testified in court that he agreed to cooperate with prosecutors and testify against his co-founder Sam Bankman-Fried because he knew what they did at FTX was wrong and wanted a shorter prison sentence.
Bitcoin is facing resistance at the $28,000 level but is rebounding after strong U.S. employment data and is decoupling from long-duration bonds and equities, solidifying its "digital gold" narrative.
The total market capitalization of stablecoins, including PayPal's stablecoin, has decreased, indicating a contraction in the digital-asset sector.
September became the biggest month for crypto exploits in DeFi, with over $300 million in losses, the popular DeFi lending protocol Yield announced its permanent closure by December, and Polygon co-founder Jaynti Kanani stepped down from his day-to-day roles at the firm, while decentralized autonomous organizations (DAOs) were praised for their potential in helping scientists find funding and community.
Venture capital investor Tim Draper shares his excitement for artificial intelligence and predicts a bright future for Bitcoin, emphasizing its decentralized nature and potential for increased adoption. He also discusses his successful investments, his private university, and his Bitcoin-native digital nation, which aims to improve governance.