Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analysts
Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen.
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The 2024 Santa Claus rally is about to start
There’s potential for a 2024 Santa Claus rally across the crypto markets. Historical trends, market factors and this year’s bull run could lead to significant gains.

Report: CEO of Largest Romanian Crypto Exchange Arrested on US Warrant
The CEO of Romania's largest crypto exchange Coinflux was reportedly arrested on a warrant from the United States for fraud, organized crime, and money laundering, local news outlet Mediafax reported Dec. 13. Coinflux has subsequently stopped all digital currency exchanges.Founded in 2015 in the Romanian city of Cluj, Coinflux is an online digital currency trading…

Hearing: Alternative payments’ threat to national security goes far beyond crypto
Crypto is just the tip of the iceberg, experts tell a U.S. House Financial Service subcommittee in testimony on payment systems and national security. 356 Total views 11 Total shares Non-crypto alternative payment systems pose a serious threat to United States security, according to testimony presented at a U.S. House Financial Services Committee Subcommittee on…

Spot ETF-induced Bitcoin rally isn’t guaranteed to stick: Analysts
While the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will likely spike the price of Bitcoin, some analysts are concerned it won’t be enough to fully thaw the markets from its winter chill. On Oct. 24 Bitcoin staged its largest single day rally in over a year, surging more than 14% on the news

ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options. Since their equipment will become obsolete, they…

Compound supply bug mistakenly rewarded users with $70M in tokens
It is expected that the total figure of tokens could rise to north of $85 million. 1136 Total views 2 Total shares Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. The upgrade was…

Coinbase Discusses Acqui-Hire With Ripple-Backed Rental Startup
United States-based cryptocurrency exchange Coinbase is currently discussing the possibility of hiring the engineering team of Ripple-backed storage and rental startup Omni Rentals, tech news outlet TechCrunch reported on Oct. 5.Not the only company interestedPer the report, two unspecified sources familiar with the situation told the outlet that Omni is currently struggling with layoffs and…

Blockchain platform Axelar establishes unicorn status, mainnet launch impending
The platform's one-billion-dollar valuation affirms the burgeoning demand for decentralized cross-chain service providers in the blockchain industry. 238 Total views 57 Total shares The Axelar Network has announced the completion of a $35 million Series B funding round, pushing its market value above $1 billion. Participants of the round include Dragonfly Capital, Polychain Capital and…