Author: e_cash_top

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in Uncategorized

[ad_1] Bitcoin (BTC) briefly bounced above the $20,000 mark earlier today for the first time since Sept. 28 after gaining 4.6% in the past week. However, the euphoria was shortlived as it was rejected around the $20,400 level, dropping to $19,991 as of press time. Bitcoin/USD Chart (Source: Tradingview.com) The price-performance is coming at a…

GMX DEX spikes 35% as Binance, FTX announce listing

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[ad_1] The native token of decentralized exchange GMX (GMX) has spiked 35% to $54.11 after two leading crypto exchanges announced they would be listing it on Oct. 5. Binance revealed that it would list the token in its Innovation Zone with three trading pairs by 10:00 UTC. FTX also stated that the asset would go…

Web3 ecosystem lost over $428M to hacks, scams in Q3 – Immunefi

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in Uncategorized

[ad_1] The web3 ecosystem lost over $428.7 million to 39 exploits in the third quarter — down 62.9% compared to over $1 billion lost in the same period of 2021. The Nomad Bridge and Wintermute hacks account for 79.85% — $350 million — of all recorded losses. Leading Bug bounty firm Immunefi detailed in its Crypto…

Japan to invest in metaverse, NFTs to drive implementation of Web3 services

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[ad_1] Japan’s Prime Minister Fumio Kishida announced plans to expand investments into the metaverse and NFTs during a public policy speech delivered before Japan’s National Diet on Oct. 3. Kishida said that the government will continue its focus on supporting the use of digital technology in society and promote initiatives to expand the implementation of…

TON Network launches Telegram wallet bot for P2P crypto trading

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in Guides

[ad_1] Telegram users can now buy and sell cryptocurrency within the app due to a new update for the @wallet bot. In April, the TON (short for “The Open Network”) cryptocurrency gained its own @wallet bot on Telegram’s open WebApps platform, allowing users to buy, sell, and trade Toncoin (TON) without leaving the chat application.…

Elon Musk seeks to move ahead with $44B Twitter deal; Justin Sun wants to buy Credit Suisse’s assets

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in Uncategorized

[ad_1] The biggest news in the cryptoverse for Oct. 4 includes Elon Musk making a new offer for Twitter, Celsius planning to auction assets, Justin Sun offering to buy Credit Suisse’s assets, and Charles Hoskinson calling for an end to Bitcoin mining. CryptoSlate Top Stories DOGE up 8% as Elon Musk makes new acquisition offer…

Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports

Oct 4, 2022

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[ad_1] Blockchain security company Elliptic revealed that around $4 billion had been laundered through decentralized exchanges, cross-chain bridges, and coin swaps since 2020. According to the report, the illegal use of DEXs usually comes in the form of coin swapping. This could be swapping tokens to avoid asset freeze, swapping for ETH, or swapping tokens…

Grayscale’s GBTC drops to all-time low of $12.5K; conversion to spot ETF could trigger rebound

Oct 4, 2022

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[ad_1] Grayscale’s bitcoin trust (GBTC) which started trading at a discount in Feb. 2021 has reached an all-time low of -36% when compared to the spot BTC price of $19,000. Grayscale launched the first bitcoin trust in 2013, to provide institutional investors exposure to BTC through traditional instruments. As of date, assets under management in…

Justin Sun pulls an FTX and offers to buy ailing Credit Suisse’s assets

Oct 4, 2022

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