Can You Switch Off Solana? There Is A 6-Figure Reward Waiting For You
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blockchain, Ethereum, Firedancer, solana, Solana price

Jacob Creech, Solana’s Head of Developer, reminds the broader community that the team will reward anyone with $400,000 in SOL, the platform’s native currency, if “switch off” or halt the high throughput network. Taking to X on October 13, Creech encouraged interested white hacks and coders to head over to their repository and begin penetration […]

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How Has Coinbase Fared Amid The Decline In Crypto Interest? | Bitcoinist.com
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coinbase, Coinbase crypto exchange, coinbase exchange, Coinbase news, Crypto, crypto exchange, Crypto News

Amid the decline in crypto interest, reports have shown that American-based crypto exchange Coinbase, one of the world’s largest cryptocurrency exchanges experienced, a sharp drop in spot trading volume during the third quarter of 2023. Coinbase Spot Trading Volume Dropped by Half According to the report, the cryptocurrency platform’s spot trading volume fell by more […]

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FTX Heist: Russian Connection Unveiled In $477 Million Theft | Bitcoinist.com
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crypto hack, FTTUSDT, FTX, FTX aftermath, FTX bankruptcy, FTX CEO arrest, FTX co-founder, FTX Collapse news, FTX Crash, FTX crypto exchange, FTX Debacle, Russian Hackers, Sam Bankman-Fried FTX, Sam Bankman-Fried news, Sam Bankman-Fried trial

In a shocking revelation, blockchain intelligence firm Elliptic has provided an in-depth analysis of the infamous FTX theft, shedding light on the complex web of events surrounding the hack, subsequent money laundering, and the ongoing quest to uncover the identity of the perpetrators.  Based on blockchain analysis, the report exposes the sophisticated techniques employed to […]

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Binance Saw $200M Bitcoin Inflows As BTC Fell Below $27,000
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Binance, Bitcoin, Bitcoin Exchange Inflow, Bitcoin News, btc, btcusd, Crypto exchange Binance

On-chain data shows Binance observed Bitcoin inflows of almost $200 million a couple of days back as BTC saw its plunge below $27,000. Binance Has Recently Received Large Bitcoin Deposits As pointed out by analyst James V. Straten in a post on X, inflows have recently occurred on the cryptocurrency exchange Binance. The relevant indicator […]

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Is Grayscale GBTC Signaling An Imminent Bitcoin Breakout? | Bitcoinist.com
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Bitcoin News

The SEC must appeal Grayscale’s recent court win by the end of the day today, or will be forced to approve or delay the company’s plan to convert GBTC into a Bitcoin ETF. The Grayscale Bitcoin Trust (GBTC) chart could be signaling an imminent breakout, which could hint at the SEC failing to file an […]

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Polkadot Reportedly Lays Off 300 Employees: What’s The Way Forward?
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Aynchronous backing, Crypto News, dot, DOTUSDT, parachains, Parity Technologies, Polkadot, Web3 Foundation

Parity Technologies, the developer of Polkadot, a platform at the forefront of blockchain interoperability, has reportedly laid off more than 300 employees. According to an X post shared by “chainyoda,” a core contributor, on October 12, the number retrenched is more than that of developers working on dapps deployed on the blockchain. Parity Technology Game Plan: To […]

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Coinbase’s Rulemaking Petition: SEC’s Response Raises More Questions Than Answers | Bitcoinist.com
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coin, coinbase, Coinbase backed lawsuit, Coinbase CEO, Coinbase CLO, Coinbase news, Crypto News, Crypto regulation, SEC lawsuit

The legal battle between Coinbase and the Securities and Exchange Commission (SEC) took a significant turn as the SEC made a recommendation related to Coinbase’s rulemaking appeal, a crucial component of their mandamus action.  Coinbase’s Chief Legal Officer, Paul Grewal, revealed that the SEC communicated with the Third Circuit regarding Coinbase’s rulemaking petition, shedding light […]

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Binance Vs. SEC: How Will Circle’s Contribution Impact The Lawsuit?
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Binance, Circle, Crypto, Crypto News, SEC, USDC

Amid the unfolding developments between the US Securities and Exchange Commission (SEC) and leading crypto exchange Binance, a pivotal update involving Circle, the issuer behind stablecoin USD Coin (USDC), has emerged just ahead of a hearing scheduled for October 12. The influential third-party entity has now been granted permission to weigh in on the lawsuit, […]

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XRP Price Marks Six Consecutive Loss Day: Here’s What Happened Last Time | Bitcoinist.com
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business, Business news, Crypto, Crypto News, ripple, ripple news, XRP, XRP news, XRP price, XRP price performance, XRP price prediction, XRPUSD, XRPUSDT

On Wednesday, the XRP price marked its sixth consecutive loss day after closing in the red below $0.48. Like any digital asset, this continuous close in a loss has significant implications that could be reflected in the asset’s price in the short term. XRP Price Sees Six Consecutive Red Closes The XRP price began a […]

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Ripple CLO Outlines The Unique Positioning Of XRP In The US | Bitcoinist.com
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Crypto, Crypto News, ripple, Ripple CLO, ripple news, XRP, XRP news, XRPUSD, XRPUSDT

Judge Analisa Torres’ ruling in favor of Ripple against the US Securities and Exchange Commission (SEC) has had several impacts on XRP by extension. Highlighting one of them, Ripple’s Chief Legal Officer (CLO) Stuart Alderoty mentioned how the token stands out in the US because of the court’s decision.  XRP’s Unique Status Following Court’s Ruling […]

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Alameda Research’s $190 Million Loss Linked To Inadequate Security, Insider Reports | Bitcoinist.com
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Alameda employee, Alameda news, Alameda Research, FTTUSDT, FTX, FTX aftermath, FTX bankruptcy, FTX CEO, FTX co-founder, FTX Collapse, FTX Collapse news, FTX crypto exchange, FTX Sam Bankman-Fried, Sam Bankman-Fried FTX founder, Sam Bankman-Fried news, Sam Bankman-Fried prosecution, Sam Bankman-Fried trial

Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya […]

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Large XRP Transactions Causes A Stir As Whale Exit Rumors Swell | Bitcoinist.com
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ripple, ripple news, XRP, XRP news, XRP price, XRP Whales, XRPUSD, XRPUSDT

Since the beginning of October, XRP has been extremely volatile, which can be attributed to the growing concern regarding the cryptocurrency’s future prospects.  This is further accelerated by a recent report by Whale Alerts which shows two whale-sized transactions involving XRP have recently made their way onto cryptocurrency exchanges, prompting investors to ponder the reasons […]

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