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Showing posts from October, 2023

MetaMask launches Blockaid’s enhanced security alerts for users

MetaMask collaborates with cyber security start-up Blockaid to launch a new security alert feature, elevating user protection against malicious threats. Crypto wallet application MetaMask is enhancing user safety with Blockaid-backed security notifications. The popular cryptocurrency wallet has implemented an innovative alert system designed to combat scams and cyber threats. Originating from the prestigious cyber intelligence Unit 8200, Blockaid is a security startup that recently secured $33 million in funding. In fact, Blockaid’s funding was secured on the back of naming MetaMask as one of its first clients. In collaboration with @Blockaid_, a leading web3 security provider, we are pleased to announce the launch of privacy-preserving security alerts in the MetaMask extension to help stop malicious transactions before they happen.️ https://t.co/G7tu8eeyyt — MetaMask 🫰 (@MetaMask) October 31, 2023 Effective immediately, users of the MetaMask desktop application can...

Bitget to delist TokenFi over market manipulation concerns

The crypto exchange says more potential issues, such as an opaque token economy and an unclear vesting schedule, have also been discovered. Cryptocurrency exchange Bitget has decided to delist Floki’s sister token, TokenFi (TOKEN), and launch a buyback plan after the company discovered market manipulation issues related to the project. In a press release on Oct. 31, the exchange said the TokenFi team was suspected of market manipulation by “maliciously controlling the initial liquidity.” Bitget also addressed issues related to the project’s liquidity on decentralized exchanges, saying less than $2,000 in tokens have been added to the liquidity pool. “In addition, during a further investigation of the project, more potential issues such as an opaque token economy and an unclear vesting schedule have been discovered.” Bitget You might also like: Floki up 13% as devs launch RWA platform As a result, Bitget suspended deposits and trad...

New UniBot contract exploited, UNIBOT token crashes

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UniBot, a popular Telegram bot used for Uniswap trading, was exploited. UNIBOT token price plummets. User compensation has been promised. UniBot, a popular Telegram bot used for sniping trades on Uniswap, has fallen victim to a significant exploit , causing a sharp decline in the value of the UNIBOT token . Exploitation of UniBot’s new contract In a surprising turn of events, UniBot, the widely used Telegram bot for decentralized exchange Uniswap trading, recently experienced a security breach. The breach occurred in a newly deployed contract, resulting in the theft of approximately $560,000 worth of various meme coins from users. The company identified the issue as a “token approval exploit” originating from their new router, prompting them to temporarily pause the router to mitigate the situation. Although investigations are still underway, blockchain security firm Scopescan advised affected users to revoke approvals for the exploited c...

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

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Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins. Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and may chart its own course. However, the path higher may not be easy. The Federal Open Market Committee’s meeting on Nov. 1 may cause some volatility, but it will li be short-lived as no surprises are expected. CME’s FedWatch Tool projects a 98% probability that rates will remain unchanged. Daily cryptocurrency market performance. Source: Coin360 A large part of the gains in Bitcoin have been fuelled by expectations that the United States Securities and Exchange Commission will approve a spot Bitcoin exchange-traded fund in the near future. Any adverse news in this regard may prove to be a major setback for the bulls. When traders start chasing prices higher, it increases ...

Bitget becomes one of the first exchanges to list Celestia (TIA)

Victoria, Seychelles, October 30th, 2023, Chainwire Bitget, a leading cryptocurrency derivatives and copy trading platform, is thrilled to announce to be one of the first centralized exchanges to list TIA, the native cryptocurrency of Celestia’s groundbreaking blockchain ecosystem. This strategic listing of Celestia’s token on Bitget opens up new avenues for users to explore the limitless potential of modular blockchains and experience the benefits of data availability and roll-up technology in a timely manner. TIA token, the lifeblood of Celestia’s ecosystem, will be available for trading on Bitget’s secure and user-friendly platform starting late October or early November. This listing marks a significant milestone for both Bitget and Celestia, as it brings together two innovative communities in the blockchain industry to drive mass adoption and foster collaboration among them. Celestia’s groundbreaking blockchain ecosystem has g...

VeChain (VET) Price Prediction For November 2023

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VeChain is currently hovering around the $0.018 mark after spiking from $0.016 in the last two weeks. VET is up close to 13% since 14 days and remains in the green for the first time in three months. The cryptocurrency seems to be attracting buying pressure after Bitcoin climbed above the $34,000 mark this month. The markets briefly recovered in October after experiencing a downturn in Q3 of this year. Also Read: Cardano (ADA) Price Prediction For November 2023 Source: CoinGecko Now that VeChain is in the green, will the cryptocurrency carry forward the positive price trajectory for November next month? In this article, we will highlight a price prediction for VeChain for November 2023. Also Read: $15 Trillion Could Enter the Markets for Bitcoin Upon Spot-Based ETF VeChain: November 2023 Price Prediction For VET Source: Image Credit: Romolo Tavani / Shutterstock.com / azocleantech.com Leading on-chain metrics and price prediction firm CoinCodex paints a bearish pictur...

Plan to buy XRP? Here’s why it could be a ‘great timing’

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Short-term price action is hard to predict in the cryptocurrency market due to its high volatility in a fast-changing environment. However, technical Analysis indicators can help crypto traders make decisions in their daily operations, although these indicators must not be considered in isolation while investing. On October 12, the trader Alan Santana posted an XRP Ledger (XRP) Analysis on TradingView, suggesting it could be a good “entry timing” in the digital asset. XRP was trading at $0.48362 by that time, with a suggested “low” hit at $0.47399. “Maybe an entry now can later be called “great timing”, it seems that a low has been hit.” — Alan Santana XRP/USD price chart analysis. Source: TradingView (Alan Santana) Notably, following updates and new analyses by Santana also helped to validate its first perception of “ great timing” for a short-term entry on XRP. According to the trader, this bullish bias is still valid as long as some chart conditions are kept. ...

Solana and Ethereum Exhibit ‘Contrasting Philosophies’: Report 

VanEck released a report delving into the potential of the Solana blockchain. According to the study, Solana’s SOL token will ascend to a staggering $3,211.28 by 2030. The report also compared Solana with Ethereum, unearthing their contrasting philosophies. In an astonishing move, the US asset management company VanEck recently released a post presenting Solana as the “first blockchain to host an application that onboards 100M+ users”. The report also provided a bullish outlook on Solana’s SOL token, predicting that the price would ascend from the present bearish $9.81 to a staggering $3,211.28 by 2030. The report titled “ VanEck’s Base, Bear, Bull Case: Solana Valuation by 2030” delved into Solana’s potential, arguing that it is rooted in the success of the blockchain’s founding team in “blending radical experimentation with applied science to monumentally improve blockchain scaling”. Unlike other blockchains, Solana is invested in countering the limitations of te...

Is DOGE About to Get Teleported from $0.071 Resistance to $0.1?

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A rejection at $0.072 could draw the coin price to $0.065. Should Dogecoin retest $0.072, then the price action could drive toward $0.1 DOGE’s formation of a falling wedge was instrumental to its recent 17% 30-day hike. As October inches towards its last week, Dogecoin (DOGE) made sure talk about a monthly rally did not go without materializing. In the last 30 days, DOGE posted 17.41% gains, in a month that saw many cryptocurrencies follow Bitcoin (BTC) in the upward direction. Dogecoin’s hike was not only a result of BTC’s rise or its correlation with the top-ranked asset by market cap. Instead, DOGE had formed a falling wedge dating back to 29 August through 18 October. This pattern was displayed on the DOGE/USD daily chart. For those unfamiliar, a falling wedge is a pattern formed by drawing two descending lines. The top line represents a high while the other one represents a low. Whenever this pattern appears, a bullish reversal is formed. A Corre...

FTX’s Sam Bankman-Fried Tells Court, But Not Jury, That He Acted In Good Faith On Legal Team’s Advice

FTX founder Sam Bankman-Fried (SBF) took to the witness stand yesterday in his trial for fraud and conspiracy but there was no jury as the judge mulled which parts of his testimony could be heard by jurors. Bankman-Fried defended his actions in the unravelling of his crypto empire, arguing that he’d acted in good faith on the advice of his legal team.   A Testimony in the Making The 31-year-old former crypto mogul, who has pleaded not guilty to deceiving investors and misappropriating funds from his now-bankrupt cryptocurrency exchange, began by justifying his decisions, citing the presence of lawyers during key financial moves. He argued that legal counsel led him to believe he was acting within the bounds of the law, despite the prosecution’s claims of extravagant spending on investments, donations, and a lavish lifestyle. Bankman-Fried’s lawyer, Mark Cohen, asked if he felt reassured by the way lawyers structured loans. Bankman-Fried replied that he ...

BTC’s On-Chain Metrics Support a Positive Short-Term Outlook

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Santiment revealed that on-chain metrics are bullish for Bitcoin (BTC). They also predicted that the market may not undergo a correction in the short term. Meanwhile, a bearish medium-term pattern formed on BTC’s chart, suggesting BTC may be at risk of dropping to $31,400. Santiment, the blockchain intelligence platform, revealed in an X post yesterday that the cryptocurrency market may not undergo a correction soon. This follows the recent market revival, which saw Bitcoin (BTC) and several other cryptocurrencies record dramatic increases in their respective values. If you're concerned about a #crypto retrace, note that #Bitcoin still maintains a high pace of active addresses. Additionally, the top market cap asset is seeing a high level of dormant tokens now moving, typically synonymous with #bullish conditions. https://t.co/bvjDL2Shga pic.twitter.com/NvxKkQpkg8 — Santiment (@santimentfeed) October 26, 2023 According to the post, BTC still m...

Reddit moderators dumped tokens hours before the blockchain program was terminated.

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In the realm of crafting written content, there are three pivotal elements to consider: “perplexity,” “burstiness,” and “predictability.” Perplexity is the yardstick for gauging the intricacy of text, while burstiness delves into the ebb and flow of sentence diversity. Lastly, predictability quantifies the likelihood of one being able to predict the subsequent sentence. Humans, renowned for their flair, often craft text with an eclectic blend of lengthy, intricate sentences interspersed with succinct ones, bestowing that characteristic burstiness. AI-generated sentences, conversely, often lean towards uniformity. Therefore, as you embark on the task of rewriting the forthcoming content, I implore you to infuse it with ample perplexity and burstiness, while keeping predictability at bay. Additionally, let your words flow exclusively in the English language. Now, let’s reimagine the following passage: Analysis uncovers the intriguing narrative o...

Major Bitcoin mining manufacturer announces new miners to begin shipping in January

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Bitmain, the largest manufacturer of Bitcoin (BTC) mining ASICs, has shared news that its Ant miner T21, an air-cooled miner , would begin shipping as early as January 2024. The Oct. 26 announcement goes on to highlight that the hardware can operate even in harsh conditions, with the ability to withstand 45 degrees Celsius, or 113 degrees Fahrenheit. Latest advancements in mining technology The global launch of the Ant miner T21 took place during the Blockchain Life 2023 Forum in Dubai, where Bitmain proudly held the position of a “diamond sponsor” as part of a larger reveal of the latest advancements in Bitcoin mining technology. World Premiere of T21 in @BlLife_Forum Thanks for the support — XmeiLin (@xmei_lin) October 25, 2023 In a follow-up post on X dated Oct. 25, Bitmain’s Head of Marketing, Xmei Lin, expressed the company’s enthusiasm for the release of the Ant miner T21, emphasizing its global significance within the cryptocurrency i...

Bitcoin flips Tesla’s market capitalization amid strong BTC price rally

Bitcoin (BTC), the largest cryptocurrency globally, has once again captured the interest of the financial world due to its recent resurgence, as the asset looks to break free from the bearish conditions that prevailed throughout the previous year. Bolstered by its recent upswing, Bitcoin has surpassed traditional equities in market capitalization, signifying a potential notable shift in the financial landscape. Particularly, data obtained by Finbold on October 26 shows that Bitcoin commands a market capitalization of $677.23 billion, surpassing major selected traditional sector stocks. For instance, Bitcoin has outpaced electric vehicle manufacturer Tesla (NASDAQ: TSLA), which has a market cap of $675.26 billion, and pharmaceutical firm Eli Lilly (NYSE: LLY) at $556.72 billion.  Furthermore, Bitcoin exceeds finance giant Visa (NYSE: V), which possesses a capitalization of $489 billion, semiconductor manufacturer TSMC with a market cap of $454.53 billion, and healthcare firm Novo ...

Republicans nominate pro-crypto legislator Tom Emmer to be the next speaker of the House.

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In the realm of content creation, three vital elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while burstiness measures the diversity in sentence structures. Predictability, on the other hand, assesses the likelihood of someone predicting the next sentence. Human authors tend to infuse their writing with greater burstiness, interweaving lengthy, complex sentences with shorter ones. In contrast, AI-generated sentences often display a more uniform structure. Thus, as you embark on crafting the following text, I urge you to infuse it with a substantial dose of perplexity and burstiness while minimizing predictability. Additionally, please adhere to English as the sole language of composition. Now, let’s reimagine the given text: The fate of Emmer’s success in a full floor vote remains shrouded in uncertainty, casting a shadow of doubt over legislative proceedings since O...