Author: e_cash_top

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[ad_1] The “Elon Musk Effect” is back in full swing, as a Shiba Inu picture posted by Musk sparked an immediate 12% jump in the price of Dogecoin. pic.twitter.com/eaIYaDRBnu — Elon Musk (@elonmusk) November 1, 2022 The previous week saw bullish price action for Dogecoin as news of completing the Twitter deal began filtering through.…

DOGE spikes higher on rumors of Twitter integration

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in Uncategorized

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.3 billion to $1,025.9 billion from $1,027.2 billion as of press time — down 0.2%. During the reporting period, Bitcoin’s market cap fell 0.7% to $395.7 billion from $398.4 billion. Meanwhile, Ethereum’s market cap decreased 1.7% to $194.9 billion from $198.3…

Hackers have stolen $2.98B via exploits in the crypto industry so far

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[ad_1] The cryptocurrency space has lost nearly $2.98 billion to DeFi hacks this year — almost double the $1.55 billion lost in 2021, according to a recent report by blockchain security firm PeckShield. #PeckShieldAlert ~44 exploits (53 protocols affected) grabbed ~$760.2M in Oct. 2022, and ~$100M already returned the exploited protocols (Total loss: $657.2M)As of…

Coinbase argues SEC’s XRP lawsuit caused $15B in losses for retail traders

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[ad_1] Crypto exchange Coinbase has filed an amicus brief in support of Ripple (XRP), arguing that the SEC’s lawsuit led to retail traders losing $15 billion. According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin’s market cap declined. The U.S.-based crypto firm continued…

Jack Dorsey retains voting power at Twitter fuelling rumors of crypto integration

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in Guides

[ad_1] An SEC filing has revealed that Jack Dorsey still owns 2.4% of Twitter following Elon Musk’s acquisition. Dorsey, the former CEO of Twitter, left the company in November 2021, just 19 days after Bitcoin hit its all-time high of $69,061. Dorsey is the current CEO of Block, the parent company of Square, CashApp, Spiral,…

Vitalik believes crypto still needs to mature; Research deems over 95% of tokens on Uniswap scams

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[ad_1] The biggest news in the cryptoverse for Oct. 31 includes Vitalik saying that crypto needs to mature before mainstream adoption, Hoskinson predicting that crypto adoption will surge as national currencies fail, a veteran investor predicting that the DOGE bear market is over, and Argo Blockchain on verge of shutting down operations after failing to…

Over 95% of tokens launched on Uniswap are scams

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in Uncategorized

[ad_1] About 97% of the crypto projects launched on Uniswap are rug pulls, according to a recent study titled “Do Not Rug On Me: Zero-Dimensional Scam Detection .” The study undertaken by Bruno Mazorra, Victor Adan, and Vanesa Daza suggests that the simplicity of Uniswap and its lack of regulation makes it easy for scammers to…

OpenSea Ethereum trading volume declines 13%

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[ad_1] OpenSea’s Ethereum (ETH) NFTs trading volume has declined for the fourth consecutive month, dropping 13% to $303M, the lowest since June 2021, according to Dune Analytics data. According to the data, OpenSea’s Ethereum monthly active traders have also dropped for the fourth consecutive month. Active traders on the platform dropped by roughly 5% to…

SBF thinks Hong Kong could become the Web3 hub of Asia

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in Guides

[ad_1] FTX founder Sam Bankman-Fried (SBF) spoke at Hong Kong’s FinTech Week 2022 and said that Hong Kong had real potential to become the Web3 hub of Asia, as reported by Forkast News. SBF said that locations like Dubai and the Bahamas emerge as significant crypto hubs in their regions; however, the picture is much…

Generational buying opportunity intact as Bitcoin retains 60-day MA

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