Author: Crypto News Live
On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack. The prominent blockchain investigator’s findings instead strongly suggested a deliberate transfer of funds rather than an external hack. Kyle Accused of Faking Hack While investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT project called ‘NuddiesNFT,’ ZachXBT found a disturbing narrative of lies and deception. However, the popular on-chain sleuth uncovered a different story. Within hours of the purported hack, 94 SOL tokens worth around $12,000 were traced to an exchange deposit…
US SEC seeks comments on ETH ETF applications for Grayscale, Bitwise and Bitwise. Analyst maintains low odds of May approval, calls the comments “standard procedure.” On the 3rd of April 2024, the U.S. Securities and Exchange Commission (SEC) opened a public comments period for Ethereum [ETH] ETF filing amendments tied to Bitwise, Fidelity and Grayscale. The public comment period will run for 21 days. This development has excited some crypto users, who term the development a “giga bullish” scenario for ETH. Unfortunately, one of the industry analysts has poured cold water on it. James Seyffart, a Bloomberg ETF analyst, called…
On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of spot Bitcoin ETFs in the United States that one of the “Newborn Nine” surpassed the outflows of Grayscale’s Bitcoin Trust (GBTC). On April 2, ARKB saw outflows of $87.5 million, approximately 1,300 BTC, as reported by Farside Investors, while Grayscale recorded a daily outflow of $81.9 million. This event marked a notable shift in the Bitcoin market dynamics, raising concerns and debates among investors and analysts alike. The core question…
BNB price is attempting a fresh increase from the $545 zone. The price could gain bullish momentum if it clears the $585 and $590 resistance levels. BNB price started a fresh increase after it found support near the $545 zone. The price is now trading above $560 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $585 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could attempt a fresh rally if it clears the $590 resistance zone. BNB Price Eyes Fresh Surge After a downside…
TL;DRIn March, the amount of money traded back and forth on centralized crypto exchanges was just shy of $2.5T, reflecting increased interest in the crypto market.Full StoryCheck the date.It’s April 4th (or 5th depending on your time zone).Point is: what we’re about to tell you — and we cannot stress this enough — is not an April Fools joke…In March, the amount of money traded back and forth on centralized crypto exchanges was just shy of $2.5 Trillion (with a T).(Straight up doubling February’s total trading volume).“Ok, sounds impressive at first glance…but what does it actually mean for the crypto…
Conduit proudly introduces the successful release of L5s, a tremendous advance in blockchain technology, and provides a breakthrough scaling solution. Unlike the existing technology, this innovative adaptation offers a new deployment mechanism for Blockchain layers, allowing users and developers a much easier and smoother experience. By including L5s, Conduit is moving one step forward and leaping to becoming the leader in the blockchain scaling space. Via the Conduit app, adding layers from L2 to L5 levels is as simple as some clicks. So, an end-user needs to pick an L4 network as his settlement layer; with that, he can easily…
Bitcoin maintained its position as the top-ranking blockchain in non-fungible token (NFT) sales over the past 24 hours to 12 p.m. ET Wednesday, with a slight decrease of 3.17% in sales, totaling approximately US$8.25 million. There were no networks that recorded at least US$10 million in sales, CryptoSlam data shows. Ethereum, the day’s second-ranking platform, experienced a more significant decline of 13.59% in sales, amounting to roughly US$8.15 million. Solana, holding the third position, saw a 2.22% increase in sales over the last day, reaching nearly US$7.40 million. Two of the day’s top collections, Tensorians and Mad Lads, are linked…
Staking coins is becoming increasingly popular as a way to generate passive income and take advantage of the blockchain technology revolution. Whether you are a beginner or an experienced investor, staking your coins can give you a steady stream of income. But with so many different options, it can be hard to know which one is right for you. In this blog post, we’ll explore some of the best coins to stake, why they are worth considering, and what type of returns you should expect when investing in them. So if you’re interested in learning more about how staking can…
Bitcoin Miner is one of the most compelling mobile games we’ve played that pays out actual Bitcoin along the way. Unlike BTC-infused riffs on solitaire, sudoku, and other classic games, it does so in a colorful, recursive game about mining fake cryptocurrency. It’s a slam dunk for crypto enthusiasts, even though—as with all of these games—the actual amount of Bitcoin you’ll earn for casual play comes out to pennies per hour. But as we’ve logged hours into the game, we’ve discovered strategies and techniques that can easily boost your stack of satoshis (aka 1/100,000,000 BTC)—without spending a penny to buy…
Investor Dan Tapiero says that traditional financial asset classes are experiencing a mass slow bleed as they devalue against digital assets. Speaking at the Bitcoin Investor Day event in New York, Dan Tapiero, the CEO of crypto investment firm 10T Holdings, says that even the obscure, low market cap crypto assets have grown exponentially against the old financial world. “It’s even true with some of these crappier cryptocurrencies that you [would] never invest a dollar in – or a Bitcoin in – and I think even they have gone up exponentially against all the assets in the old world. So…
