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Analysts tell Cointelegraph that Bitcoin reclaiming $117,000 and a Federal Reserve rate cut would be key drivers of positive sentiment. Crypto traders have swung into more negative sentiment and deeper fear, uncertainty, and doubt (FUD), according to the onchain analytics platform Santiment, but analysts say it’s likely only temporary. Santiment said in an X post…
DappRadar analyst Sara Gherghelas said the data shows clear signs that people are returning to the NFT space. The non-fungible token (NFT) market has just closed its two strongest months since February as adoption and renewed interest have driven trading volumes to its highest levels this year. NFT trading volumes were up 9%, but sales…
Justin Sun’s WLFI token address was blacklisted after a $9 million transfer on Thursday, raising concerns over trading restrictions as prices tumble. Tron founder Justin Sun’s World Liberty Financial (WLFI) token address was blacklisted on Thursday after transferring 50 million WLFI tokens to crypto exchange HTX. Onchain data from Nansen and Arkham shows the address…
Regulations, hype cycles and pie-in-the-sky promises have scuppered blockchain city projects across the globe… but one has succeeded. The blockchain industry has long strived to build its “city on a hill” — idealistic communities where blockchain provides a foundation and code is law. But they’ve not always panned out, as regulations, unrealistic expectations and other…
The SEC’s Crypto Assets Task Force is reviewing a roadmap to protect Bitcoin, Ether and other digital assets from future quantum computing threats. A proposal submitted to the US Securities and Exchange Commission’s (SEC) Crypto Assets Task Force warned that quantum computing could shatter the cryptographic foundations of Bitcoin, Ethereum, and the broader digital asset…
World Liberty Financial has turned to burning tokens in an attempt to stem a price drawdown its cryptocurrency has seen since it started trading publicly on Monday. The Trump family’s crypto project, World Liberty Financial, has begun burning its namesake token in a bid to boost its price, which has been in decline since launching…
Tokenized equities have not been without controversy as global regulators and stock exchanges have pushed back against this new use of blockchain technology. XStocks, a tokenized stock product owned by Backed Finance, is launching on Ethereum with about 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday. Before…
Bitcoin funds now hold more than 7% of the cryptocurrency’s total 21 million coin supply, with BlackRock’s US-based ETF the largest holder. Bitcoin exchange-traded products (ETPs) now hold more than 1.47 million Bitcoin, amounting to 7% of the cryptocurrency’s maximum 21 million coin supply. US-based exchange-traded funds for Bitcoin (BTC) have scooped up the largest…
World Liberty Financial token holders are reportedly being drained of their WLFI tokens. One security expert points to a phishing exploit tied to Ethereum contracts. World Liberty Financial’s (WLFI) governance tokenholders are being hit with a known phishing wallet exploit using Ethereum’s EIP-7702 upgrade, SlowMist founder Yu Xian says. Ethereum’s Pectra upgrade in May introduced…
An X user known as Princess Hypio said they lost $170,000 in crypto and NFTs to a scammer who infiltrated a Discord server and pretended to have mutual friends. Update Sept.1, 11:30 pm UTC: This article has been updated to include information from Halborn’s chief information security officer. Last month, crypto user and NFT artist…