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October 23, 2024
Fat finger errors prove that crypto is still vulnerable to simple human mistakes. The infamous “fat-finger” error is a humbling reminder that the crypto sector is still vulnerable to human goof-ups, no matter how futuristic crypto feels. A fat-finger error is a mistake in which a user accidentally inputs incorrect information when sending/selling/receiving crypto, typically...
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Repeat bearish engulfing candles near range highs and Bitcoin’s inability to flip $70,000 to support are possible signs of an incoming correction Bitcoin (BTC) price is currently exhibiting a 3% decline after a strong weekly performance in the last week. Adding to this, Bitcoin’s daily chart signals a historically bearish pattern, which has sparked concerns...
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The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600 million Ronin bridge exploit. A China-based over-the-counter (OTC) trader has allegedly laundered tens of millions of dollars worth of stolen crypto for the infamous North Korean Lazarus Group, the hackers behind some of the biggest cryptocurrency hacks. Chinese...
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While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations. The state of cryptocurrency regulation in the United Kingdom is not certain enough to offer a good alternative for companies seeking relief from Europe’s Markets in Crypto-Assets Regulation (MiCA), according to...
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How Helius co-founder Mert Mumtaz became Solana’s best known and fiercest defender on Crypto X… and sometimes its biggest critic. Mert Mumtaz left Coinbase to found Solana developer tools firm Helius in June 2022. But just a few months later FTX collapsed, taking the price of SOL down 60% with it. Solana had soared to...
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The US’s first election betting market has added contracts for trading on national elections from Australia to Ecuador, public filings show.  Prediction marketplace Kalshi has added contracts for betting on outcomes of elections outside of the United States as political wagers soar ahead of the US presidential contest in November. The contracts cover national races...
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Bitcoin indicator data suggests a stronger long-term picture than the current BTC price rejection from $69,000 would have traders believe. Bitcoin dropped to one-week lows on Oct. 23 as a return to support tested bulls’ resolve. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed Bitcoin (BTC) price weakness delivering $60,063...
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Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way. Ether’s price faced resistance after hitting the $2,768 level on Oct. 21. A number of factors capped the rally, including increasing supply on exchanges, reduced network activity and weakening technicals.  Ether’s (ETH) 6.5% drop...
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Vietnam’s new blockchain strategy focuses on legal frameworks, infrastructure and international cooperation, as it aims to boost innovation and build a thriving ecosystem. Vietnam has officially released a National Blockchain Strategy. The Ministry of Information and Communications (MIC) announced the strategy on Oct. 23, outlining several key objectives to develop the country’s blockchain capabilities. It...
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Emerging developments in AI could provide the breakthrough that has been missing for cryptocurrencies. It’s no secret that since 2022, nearly every industry has been exploring how to integrate artificial intelligence into their daily operations — and crypto is no exception.  But unlike most sectors, which are concerned with how AI may benefit them, crypto...
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