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In his first public interview after his release, former Binance CEO Changpeng "CZ" Zhao discussed his thoughts on life behind bars and the future of cryptocurrency.
Zhao talked about his four months in prison and said that he missed human connection the most during Binance Blockchain Week in Dubai on October 31.
He revealed that he had become friends with a number of prisoners, calling many of them "very nice guys" and implying that some of them were there for the wrong reasons.
However, he was able to address this by forming friendships with the prisoners he encountered while incarcerated. He claimed that a sizable percentage of them were there for the wrong reasons and that some of them were "super nice guys."
Zhao talked about his four months in prison and said that he missed human connection the most during Binance Blockchain Week in Dubai on October 31.
He revealed that he had become friends with a number of prisoners, calling many of them "very nice guys" and implying that some of them were there for the wrong reasons.
However, he was able to address this by forming friendships with the prisoners he encountered while incarcerated. He claimed that a sizable percentage of them were there for the wrong reasons and that some of them were "super nice guys."
Franklin Templeton, a $1.5 trillion Wall Street business, is Coinbase's first big wealth manager to use their Ethereum scaling solution.
Users can now trade shares of Franklin Templeton's OnChain U.S. Government Money Market Fund, FOBXX, over the layer-2 network Base, the company revealed.
Base is the sixth blockchain to host Franklin Templeton's tokenized Treasury fund, after FOBXX, which has $410 million in assets, has previously debuted on five other blockchains: Arbitrum, Polygon, Avalanche, Aptos, and Stellar.
Users can now trade shares of Franklin Templeton's OnChain U.S. Government Money Market Fund, FOBXX, over the layer-2 network Base, the company revealed.
Base is the sixth blockchain to host Franklin Templeton's tokenized Treasury fund, after FOBXX, which has $410 million in assets, has previously debuted on five other blockchains: Arbitrum, Polygon, Avalanche, Aptos, and Stellar.
A team of on-chain investigators claims that MrBeast and his YouTube influencer network made millions of dollars from dubious cryptocurrency transactions.
MrBeast, whose real name is James Stephen “Jimmy” Donaldson, has 320 million YouTube subscribers, making him one of the most well-known social media personalities in the world. His extensive platform has been used as a marketing avenue for ambitious and occasionally controversial cryptocurrency ventures.
MrBeast allegedly used his power to profit from insider trading, according to experts from advice business Loock.io and blockchain researchers like SomaXBT, who earlier accused Donaldson of earning $10 million from low-cap coins.
MrBeast, whose real name is James Stephen “Jimmy” Donaldson, has 320 million YouTube subscribers, making him one of the most well-known social media personalities in the world. His extensive platform has been used as a marketing avenue for ambitious and occasionally controversial cryptocurrency ventures.
MrBeast allegedly used his power to profit from insider trading, according to experts from advice business Loock.io and blockchain researchers like SomaXBT, who earlier accused Donaldson of earning $10 million from low-cap coins.
Tuesday saw a minor recovery in Polygon's price as the cryptocurrency fear and greed index returned to the greed zone.
One of the leading layer-2 networks, Polygon (POL), increased 10% from its lowest point this month to a high of $0.3340. It is still 25% lower than its peak in September, when it changed from MATIC to POL.
The recovery of Polygon was accompanied by better on-chain data. The network's transaction volume increased to 3.1 million on Monday, a considerable increase from the September low of 2.3 million, according to PolygonScan.
One of the leading layer-2 networks, Polygon (POL), increased 10% from its lowest point this month to a high of $0.3340. It is still 25% lower than its peak in September, when it changed from MATIC to POL.
The recovery of Polygon was accompanied by better on-chain data. The network's transaction volume increased to 3.1 million on Monday, a considerable increase from the September low of 2.3 million, according to PolygonScan.
More than 60% of cryptocurrency investors in Indonesia are Gen Zers and Millennials between the ages of 18 and 30, according to data from Indonesian regulators.
A research published by Kompas.id, a local Indonesian media outlet, claims that cryptocurrency is growing in popularity among young Indonesians, particularly those in the Gen Z and Millennial age groups.
According to data from Bappebti, the Indonesian Commodity Futures Trading Regulatory Agency, up to 26.9% of cryptocurrency investors will be between the ages of 18 and 24 by September 2024. At the same time, 35.1% of investors are between the ages of 25 and 30.
A research published by Kompas.id, a local Indonesian media outlet, claims that cryptocurrency is growing in popularity among young Indonesians, particularly those in the Gen Z and Millennial age groups.
According to data from Bappebti, the Indonesian Commodity Futures Trading Regulatory Agency, up to 26.9% of cryptocurrency investors will be between the ages of 18 and 24 by September 2024. At the same time, 35.1% of investors are between the ages of 25 and 30.
With only eight days to the U.S. presidential election, Bitcoin whale activity has drastically decreased.
The price of the asset has stabilized at roughly $67,000. Bitcoin BTC 0.94% Large-holder net inflows of Bitcoin fell from about 38,800 BTC on October 20 to 258 BTC on October 26, according to statistics from IntoTheBlock.
This may be a sign that whales are anxious as November 5, the U.S. election day, draws near.
The price of the asset has stabilized at roughly $67,000. Bitcoin BTC 0.94% Large-holder net inflows of Bitcoin fell from about 38,800 BTC on October 20 to 258 BTC on October 26, according to statistics from IntoTheBlock.
This may be a sign that whales are anxious as November 5, the U.S. election day, draws near.
With net inflows of over $3 billion and demand at its highest level in six months, October was a successful month for U.S. spot Bitcoin ETFs.
Inflows into the 12 spot Bitcoin Bitcoin BTC -1.43% Bitcoin exchange-traded funds approached $1 billion over the course of the last week, with four days of positive flows noted.
BlackRock's IBIT, the largest ETF by net assets, was the source of most of these inflows, with inflows totaling about $24 billion since its introduction.
Inflows into the 12 spot Bitcoin Bitcoin BTC -1.43% Bitcoin exchange-traded funds approached $1 billion over the course of the last week, with four days of positive flows noted.
BlackRock's IBIT, the largest ETF by net assets, was the source of most of these inflows, with inflows totaling about $24 billion since its introduction.
The Bitcoin options market is indicating that there is little chance that the top cryptocurrency will reach $100,000 or higher before the end of the year.
According to recent data from the well-known exchange Deribit, there is only a 9.58% chance that Bitcoin will cross the $100,000 mark before the end of December.
Financial instruments known as options, which are derivative contracts, provide the buyer the right—but not the responsibility—to purchase or sell the underlying asset on or before a given date at a fixed price. A put option protects against declines in price, whereas a call option gives the right to purchase (a bullish position).
According to recent data from the well-known exchange Deribit, there is only a 9.58% chance that Bitcoin will cross the $100,000 mark before the end of December.
Financial instruments known as options, which are derivative contracts, provide the buyer the right—but not the responsibility—to purchase or sell the underlying asset on or before a given date at a fixed price. A put option protects against declines in price, whereas a call option gives the right to purchase (a bullish position).
In spot trading, Binance's market share has drastically decreased, falling from 52.5% to 39.5% as rivals Bybit and OKX grow in the cryptocurrency exchange sector.
Over the past year, Binance, the biggest cryptocurrency exchange in the world, has seen a sharp drop in its market domination. Binance's once-invincible position in the cryptocurrency trading market is eroding as competition from both centralized and decentralized exchanges (DEXs) intensifies.
As competitors like Bybit, Bitget, and OKX continue to gain ground, Binance's share of spot and futures trading has suffered notable declines, according to a research published by 0xScope.
Over the past year, Binance, the biggest cryptocurrency exchange in the world, has seen a sharp drop in its market domination. Binance's once-invincible position in the cryptocurrency trading market is eroding as competition from both centralized and decentralized exchanges (DEXs) intensifies.
As competitors like Bybit, Bitget, and OKX continue to gain ground, Binance's share of spot and futures trading has suffered notable declines, according to a research published by 0xScope.
The mainnet of Mantra, a security-first RWA Layer 1 Blockchain, has officially launched. The goal of Mantra is to establish itself as the chosen ledger of record for Real-World Assets (RWA).
The statement comes just after Mantra Chain declared that it would be attending Dubai's Binance Blockchain Week, which is scheduled for October 30–31.
According to the press release that Cryptonews was given, Mantra's mainnet debut is a "historic step in bringing RWAs on-chain."
The statement comes just after Mantra Chain declared that it would be attending Dubai's Binance Blockchain Week, which is scheduled for October 30–31.
According to the press release that Cryptonews was given, Mantra's mainnet debut is a "historic step in bringing RWAs on-chain."
Avalanche Launches Visa Card for Crypto Payments👀
By introducing the Avalanche Card, Avalanche has made a big step toward incorporating cryptocurrencies into routine financial transactions.
With this card, customers can utilize their cryptocurrency holdings to pay at any Visa-accepting establishment.
Users can spend their digital assets just as effortlessly as they would cash thanks to the card's current support for WAVAX, USDC, sAVAX, and other supported cryptocurrencies.
By introducing the Avalanche Card, Avalanche has made a big step toward incorporating cryptocurrencies into routine financial transactions.
With this card, customers can utilize their cryptocurrency holdings to pay at any Visa-accepting establishment.
Users can spend their digital assets just as effortlessly as they would cash thanks to the card's current support for WAVAX, USDC, sAVAX, and other supported cryptocurrencies.
Last week saw a spike in demand for Bitcoin products on Wall Street, with BlackRock's spot Bitcoin exchange-traded fund capturing $1.1 billion in fresh capital.
Bitcoin -2.24% Bitcoin BTC Since its spot Bitcoin ETF outperformed a number of conventional finance offerings, U.S. wealth management giant BlackRock has made Bitcoin a top priority.
Ten months following the launch of spot Bitcoin ETFs in mid-January, investors have invested $26 billion in BlackRock's IBIT. With last week's inflows, BlackRock's Bitcoin ETF achieved yet another significant milestone, breaking into the top 2% of all ETFs in the United States.
Bitcoin -2.24% Bitcoin BTC Since its spot Bitcoin ETF outperformed a number of conventional finance offerings, U.S. wealth management giant BlackRock has made Bitcoin a top priority.
Ten months following the launch of spot Bitcoin ETFs in mid-January, investors have invested $26 billion in BlackRock's IBIT. With last week's inflows, BlackRock's Bitcoin ETF achieved yet another significant milestone, breaking into the top 2% of all ETFs in the United States.
Bitcoin large holder outflows have significantly decreased, according to on-chain data, as the flagship cryptocurrency continues to trade above $68,000.
The growing interest of investors in the U.S.-based spot BTC exchange-traded funds is one of the main factors contributing to Bitcoin's bullish momentum.
The research claims that last week witnessed $2.1 billion in inflows into these investment products, surpassing the $21 billion threshold overall.
The growing interest of investors in the U.S.-based spot BTC exchange-traded funds is one of the main factors contributing to Bitcoin's bullish momentum.
The research claims that last week witnessed $2.1 billion in inflows into these investment products, surpassing the $21 billion threshold overall.
I just minted IMAGINED WRECKAGE — Moving Prototype 001 by Chuck Anderson on Onchain Vision.
Bitwise CIO Matt Hougan claimed in a recent X post that Bitcoin's bullish thesis for trading beyond $100,000 has further strengthened in recent weeks.
According to Hougan, a mix of institutional, macroeconomic, and on-chain variables will cause Bitcoin, the only trillion-dollar asset in cryptocurrency, to eventually surpass six figures per coin.
The total net flows of U.S. spot Bitcoin exchange-traded funds exceeded $20 billion, according to exchange-traded fund analyst Eric Balchunas.
After $1.5 billion in inflows this week, the American Bitcoin ETF complex now has over $65 billion in assets under management.
According to Hougan, a mix of institutional, macroeconomic, and on-chain variables will cause Bitcoin, the only trillion-dollar asset in cryptocurrency, to eventually surpass six figures per coin.
The total net flows of U.S. spot Bitcoin exchange-traded funds exceeded $20 billion, according to exchange-traded fund analyst Eric Balchunas.
After $1.5 billion in inflows this week, the American Bitcoin ETF complex now has over $65 billion in assets under management.
After the keynote, the eagerly awaited Ethereum layer 2 network, which was initially shown in April, also went live.
By combining World ID, World App, and the cryptocurrency Worldcoin, World Chain is anticipated to increase productivity and provide users with additional features.
In order to further encourage participation, the network will provide verified human users access to block space and offer a free gas allocation, giving them priority over bots when it comes to onboarding.
By combining World ID, World App, and the cryptocurrency Worldcoin, World Chain is anticipated to increase productivity and provide users with additional features.
In order to further encourage participation, the network will provide verified human users access to block space and offer a free gas allocation, giving them priority over bots when it comes to onboarding.
Blockchain security company Blockaid stated in an X post on October 17 that Ambient Finance (at one point CrocSwap), a decentralized cryptocurrency exchange supported by Circle Ventures and Jane Street, appears to have been the victim of a front-end hacker attack that allowed hostile actors to embed code.
Compared to its previous record-high pricing, Moo Deng, a meme coin based on Solana and inspired by a popular Thai pygmy hippo, has dropped by 22% in the last day of trade and by almost 45% in the last week.
With weekly gains of more than 700%, the Moo Deng meme coin hit its highest point ever on September 28 at $0.338. At the time, it was the largest token in the Pump.fun ecosystem, with a market value of over $300 million. Moo Deng's market capitalization has since decreased by 70% to $90 million.
With weekly gains of more than 700%, the Moo Deng meme coin hit its highest point ever on September 28 at $0.338. At the time, it was the largest token in the Pump.fun ecosystem, with a market value of over $300 million. Moo Deng's market capitalization has since decreased by 70% to $90 million.
Increased short liquidations are occurring in the cryptocurrency market as significant assets, such as Bitcoin, continue to rise in value.
The total amount of liquidations over the last 24 hours exceeded $192 million, according to data from Coinglass.
The remaining $46 million is made up of long trades, while over $145 million has been lost due to short trading positions.
The total amount of liquidations over the last 24 hours exceeded $192 million, according to data from Coinglass.
The remaining $46 million is made up of long trades, while over $145 million has been lost due to short trading positions.
KYVE NETWORK.
The Astar LFGM Campaign is live! 🎉
This multi-dApp event features top projects, from long-time Astar builders to new @soneium teams, all using Astar to push Web3 forward.
👉 Dive in and start collecting GMs: https://lfgm.astar.network/astar?referral=HA64T7FD
This multi-dApp event features top projects, from long-time Astar builders to new @soneium teams, all using Astar to push Web3 forward.
👉 Dive in and start collecting GMs: https://lfgm.astar.network/astar?referral=HA64T7FD
Big update 👀