October 4, 2022

Beeple Discord Server Exploited by Hackers Attempting to Drain Wallets

As one of the most prominent NFT artists around, Beeple has gathered quite a community around himself – and unscrupulous third parties have repeatedly attempted to get a piece of the pie themselves. Attacks Focusing on Social Media Earlier this year, Beeple’s community was attacked via Twitter, an exploit that saw the artist’s account compromised...
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New Fed Governor Says Combating Inflation is Still Top Priority

Philip Jefferson – one of the Federal Reserve’s three newest governors – has re-emphasized the central bank’s plans to continue fighting inflation.  The former college professor said he and his colleagues are committed to taking “further steps necessary” to address the problem, and gave no indication that they would consider dovish monetary policy in the...
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Michael Saylor Fights Back Against Peter Schiff’s Accusations of Pumping Bitcoin

The United States Securities and Exchange Commission (SEC) imposing a penalty of $1.26 million on reality star Kim Kardashian carries an important message about the regulator’s conviction on cracking down on sketchier corners of the cryptocurrency world. While many in the community acted in disbelief, others felt Kardashian was an easy target and that the...
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Elon Musk Renews Plans to Buy Twitter for Originally Agreed Price

In yet another reversal, Tesla and SpaceX CEO Elon Musk has again agreed to buy Twitter for $54.20 per share – as was initially planned.  Twitter shares climbed 18% in value after the news dropped, following a brief pause in trading.  As reported by Bloomberg, people familiar with the matter claimed that Musk renewed his...
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Vitalik Buterin Believes the ETH 2.0 ‘Merge’ Will Reveal its Real Price After the Fact

While Ethereum (ETH) co-founder Vitalik Buterin stages a Twitter battle with Michael Saylor over the Microsoft founder’s Bitcoin (BTC) purist stance, he has other important crypto matters on his agenda to worry about. Most notably, the upcoming Ethereum 2.0 merge or what’s also known simply as the Merge.  According to recent news, the Merge is...
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US Regulators Seek More Power From Congress to Address Crypto Regulatory Gaps

In a new report, the Financial Stability Oversight Council (FSOC), a regulatory panel comprising leading financial regulators, identified areas in crypto regulation with: limited oversight of the spot market for tokens that are not securities; opportunities for regulatory arbitrage, or benefit favorable rules; if crypto firms should be allowed to integrate multiple services traditionally offered...
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Here’s What You Can Expect From the Cardano(ADA) Price Rally During the Bullish Uptober!

The Cardano price has remained extremely bearish ever since it lost the crucial $1 mark. Moreover, the extreme market conditions compelled the price to remain drained below the $0.6 levels of the past couple of months. The bears also attempted to drag the price lower below the crucial resistance, but the asset managed to rebound...
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DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain

[PRESS RELEASE Los Angeles, CA, 3rd October 2022] Takeaways: Jack Dorsey and Elon Musk’s Messages call for a decentralized social media blockchain: DeSo could be the answer. Sam Bankman-Fried, Founder of FTX crypto exchange, also had a conversation about buying Twitter or creating a blockchain-based social network The DeSo Foundation just released its roadmap to...
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Contentos Vietnamese Blockchain Community Launches NFT Collection to Support Contentos Foundation

[PRESS RELEASE – Ho Chi Min City, Vietnam, 4th October 2022] The Contentos Vietnamese community with more than 1,000 local blockchain enthusiasts and content creators recently announced the launch and distribution of a community-led NFT PFP collection “GoldStar MetaClub” with the support of the Contentos Foundation. “GoldStar MetaClub” is an NFT collection that captures the...
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Here’s When Celsius Network Will Auction Assets Following the Bankruptcy

The much-anticipated auction of assets belonging to bankrupt Celsius Network is likely to begin later this month. The embattled lending platform submitted an auction plan to the United States Bankruptcy Court for the Southern District of New York on Monday, media reports said. Here is all that you need to know about it: Celsius has...
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Institutional Crypto Inflows Remain Weak But ETF Exodus Abates

According to CoinShares’ weekly report published on Oct. 3, there has been an inflow of around $10 million over the past week suggesting institutional investors are still hesitant. It is the third week in a row that there has been a marginal inflow, but confidence over crypto products has yet to return as the bear...
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On its Way: Additional Token Support for Crypto Conversions and More

Last month,  we extended the crypto conversion options available on BitMEX – giving users the ability to convert USD Coin (ERC-20) into all of the coins and tokens we support – and vice versa. Starting tomorrow, we will add support for four additional cryptocurrencies – namely, DAI, AAVE, BUSD, and FTM. As we gear up...
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ARK Invest To Offer Crypto Separately Managed Accounts (SMAs) to Financial Advisors

On October 03, Cathie Wood’s ARK Invest announced a collaboration with Eaglebrook Advisors to offer its first crypto separately managed accounts (SMAs) to financial advisors and wealth managers. Through this joint venture, registered clients of the investment advisors will be able to use two different ARK-managed investment strategies: One focused on “Cryptoassets” and another for...
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NYDIG CEO and President Become the Latest Crypto Execs to Step Down

The alternative asset manager – New York Digital Investment Group (NYDIG) – announced the departure of its CEO Robert Gutmann and its President Yan Zhao. Tejas Shah and Nate Conrad will take their posts, respectively. Changes at the Top The cryptocurrency-focused company revealed that its bitcoin balances hit an all-time high during Q3, up almost...
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