Litecoin X account briefly hacked to promote a fake token
The compromised social media account is merely the latest in a string of hacking incidents on X over the last several months.
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This week isn't looking good for Bitcoin (BTC) as the price continues to decline after reaching a high of $8,540 on Oct. 1 down to $7,870 on Oct. 6. This continued decline was anticipated in last week's analysis, with fingers pointing to China's week-long Golden Week as a possible catalyst for the reduced trading volume. However, with…

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Binance Futures delists coin-margined LUNA perpetual contracts
Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday. Amid collapsing Terra network’s cryptocurrencies Luna (LUNA) and TerraUSD (UST), crypto exchange Binance continues deactivating related trading services.Binance’s derivatives arm Binance Futures has delisted coin-margined LUNA perpetual contracts, the firm officially announced on May 12.“Users…

Coin Center lawyers argue Tornado Cash is not property
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Japan: Hacker Involved in 15 Mln Yen Crypto Theft Referred to Prosecutors
An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing cryptocurrency, local news outlet Japan Today reported on March 14.The cybercriminal allegedly hacked Monappy, a digital wallet which can be installed on a smartphone, and stole 15 million yen ($134,196) of cryptocurrency between Aug. 14 and Sept. 1 of last…

Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Bitcoin (BTC) and several major cryptocurrencies have been trading sideways as traders avoid taking large bets before the United States Federal Reserve's Jackson Hole Economic Symposium, which begins on Aug. 25. The volatility is likely to soar as investors get some clarity on the Fed's stance in the next few days.On Aug. 23, a team…

Chinese city of Jinan accepts CBDC payments for bus rides
The Chinese city of Jinan is making a push for CBDC adoption by implementing digital yuan payments across its entire bus network. Jinan, the capital of eastern China’s Shandong Province, has begun encouraging the adoption of the country's central bank digital currency (CBDC) program by introducing the acceptance of digital yuan payments across all its…