Author: Crypto News Live
A Moroccan individual has been charged with setting up a phishing website that closely resembled the legitimate OpenSea platform, tricking unsuspecting users into entering their private keys or seed phrases. Once in possession of these sensitive credentials, the attacker could easily access the victims’ wallets and carry out the theft. The Phishing Operation To enhance the success of the phishing operation, the accused individual went to great lengths by employing paid advertising tactics. By targeting the keyword “OpenSea,” the fraudulent website appeared prominently in search results, increasing the likelihood of users falling victim to the scam. According to reports, the…
BTC’s value has grown by 91% since its November 2022 price lows. As active addresses count begins to climb, BTC’s price might grow further. As Bitcoin’s [BTC] price consolidates at the $30,000, the ‘mid-point’ of the 2021-22 cycle, on-chain metrics signal that the market trended towards a period of re-accumulation, Glassnode found in its new report. Is your portfolio green? Check out the Bitcoin Profit Calculator Volatility, fluctuations and a bull market Glassnode assessed the depth of the “bull market corrections” so far this year and compared the same with the previous cycles. The on-chain data provider found that “the peak…
Ethereum’s gas fee was below $2 at press time. Ethereum L2s now have a TVL of over $9 billion. The exorbitant cost of Ethereum [ETH] gas fees has become synonymous with the network’s identity. Yet, a recent development has brought about a welcome decrease in these expenses. Read Ethereum’s [ETH] Price Prediction 2023-24 Ethereum gas fee decreases Santiment recently shared an insightful update revealing a notable decrease in gas fees. The accompanying chart vividly displayed the fluctuating nature of these fees, illustrating a surge to over $7 around 5 July, followed by a subsequent decline. Before this July spike, an…
Macroeconomics and financial markets In the US NY stock market on the 10th, the Dow Jones Industrial Average was higher than the previous day’s 209 dollar (0.62%), and the Nasdaq index was 24 points higher (0.18%). connection:Stock investment recommended for cryptocurrency investors, representative cryptocurrency stocks of Japan and the United States “10 selections” Virtual currency market In the crypto asset (virtual currency) market, the Bitcoin price rose 1.1% from the previous day to 1 BTC = $ 30,480. A new research report released by Standard Chartered Bank has shown a bullish price forecast for Bitcoin. We analyzed that it could…
Anthropic, an artificial intelligence (AI) and “public benefit” company, launched Claude 2 on July 11, marking another milestone in a year full of seemingly nonstop progress from the burgeoning generative AI sector. Introducing Claude 2! Our latest model has improved performance in coding, math and reasoning. It can produce longer responses, and is available in a new public-facing beta website at https://t.co/uLbS2JNczH in the US and UK. pic.twitter.com/jSkvbXnqLd— Anthropic (@AnthropicAI) July 11, 2023 According to a company blog post, Claude 2 shows improvements across nearly every measurable category. Perhaps most noteworthy among the differences between it and its predecessor is how…
Top cryptocurrency analyst Benjamin Cowen predicts that altcoins are on the verge of witnessing a severe correction against Bitcoin (BTC). Cowen tells his 751,100 Twitter followers that he’s keeping a close watch on the total market cap of altcoins (TOTAL3) against Bitcoin. According to the crypto strategist, the chart suggests that altcoins will witness massive capital outflows as market participants flock to BTC. “In July 2019, altcoins were at the same valuation against BTC that they are today. While timeframes do not have to align perfectly, this chart still suggests that altcoins could collectively drop another 40% against BTC. It’s…
Polkadot’s TVL did not follow the rest of the metrics as it went up in Q2. At press time, DOT was down by nearly 7%, but a few market indicators were bullish. Polkadot [DOT] had a rough second quarter as its price only registered a decline in the last three months. Messari recently posted a report revealing the blockchain’s state in Q2, which highlighted its performance on multiple fronts. Is your portfolio green? Check the Polkadot Profit Calculator In the last quarter, the most notable development for the blockchain was the launch of OpenGov. Though there were multiple developments, its price…
Standard Chartered added another 20% increase to its previous Bitcoin prediction. On-chain data showed that BTC was closer to its bottom than the market top. Like Clockwork, Bitcoin [BTC] has been subject to numerous price projections, with the latest coming from Standard Chartered, the prominent international financial institution. In a report shared by Reuters on 10 July, the bank declared a bullish forecast for Bitcoin, suggesting it could hit $50,000 by the end of 2023. Read Bitcoin’s [BTC] Price Prediction 2023-2024 However, the bone of contention, which had sparked debate around the crypto community, was the institution’s $120,000 prediction for…
The U.S. Attorney’s Office for the Southern District of New York has indicted Shakeeb Ahmed, a computer security engineer based in New York, for defrauding a decentralized cryptocurrency exchange of $9 million. The DEX, operating on the Solana blockchain, remains unnamed in the indictment, but the details mirror the July 2022 Crema Finance hack. Stealing (and laundering) millions Ahmed allegedly exploited a vulnerability in one of the DEX’s smart contracts, inserting fraudulent pricing data that resulted in the generation of inflated fees, amounting to approximately $9 million. He was also accused of utilizing “flash loans” to further defraud the exchange,…
The tool, scheduled to be released later this month, aims to offer BAYC members an easy on-chain solution to verify items they have created and provide an official catalog for their intellectual property. The announcement was made on Bored Ape Yacht Club’s official Twitter account, where they shared the news with their enthusiastic community of NFT collectors. The tweet stated, “Exciting news! Bored Ape Yacht Club will launch IP tool ‘Made by Apes’ later this month in partnership with SaaSy Labs. Stay tuned for more details!” The upcoming tool is expected to address a growing concern among NFT creators regarding…
