Altcoins

The United States equities markets rallied sharply last week, ending a three-week losing streak. The S&P 500 rose 3.65% last week while the Nasdaq Composite soared 4.14%. Continuing its close correlation with the U.S. equities markets, Bitcoin (BTC) also made a strong comeback and is trying to end the week with gains of more than

Polygon chief security officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks, arguing that perfect code and cryptography are not enough.  Speaking to Cointelegraph, Gupta outlined that several of the recent hacks in crypto were ultimately a result of Web2 security vulnerabilities such as

Many traders frequently express some relatively large misconceptions about trading cryptocurrency futures, especially on derivatives exchanges outside the realm of traditional finance. The most common mistakes involve futures markets’ price decoupling, fees and the impact of liquidations on the derivatives instrument. Let’s explore three simple mistakes and misconceptions that traders should avoid when trading crypto

The crypto community is having a field day mocking a new Celsius-themed Monopoly board game named “Celsiusopoly,” which has emerged on a United States-based online e-commerce marketplace.  The announcement of the Celsius-themed board game came from the marketplace’s head of sales and partnerships, Stephanie Martin, who said the planning and production of the Monopoly spin-off

The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success.  ETHPOW drops 80%  On the daily chart, ETHW’s price dropped by more than 80% to $25 on Sept. 10, over a month after its market debut. ETHW/USD daily price chart. Source: TradingView For

Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme tokens, and hundreds of new nonfungible tokens (NFTs) in the same vein. New tokens launched on decentralized exchanges on the BNB Smart Chain and Ethereum over the past 24 hours include

Crypto OGs — slang for Original Gangsters — have acquired almost a mythical and godly reputation in an industry populated with libertarians, anti-government rebels, innovators, get-rich-quick scammers, hackers and degen investors with rampant gambling addictions and toxic social media behavior.  Who are these OGs exactly? Unlike the rich and powerful in the traditional finance and

After trading near the $20,000 level for several days, Bitcoin (BTC) turned down sharply and dropped below $19,000 on Sept. 6. The fall was not limited to the cryptocurrency markets as the United States equities markets also closed lower on Sept. 6. Risky assets have been facing selling pressure in the past few days as

A YouTube channel owned by the government of South Korea was reportedly hacked and renamed SpaceX Invest, following which the channel uploaded fabricated videos of Elon Musk discussing cryptocurrencies. On Sept. 3, the South Korean government’s YouTube channel was momentarily hacked and renamed for sharing live broadcasts of crypto-related videos. However, the account was soon

Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed. In a press release, Assistant Treasurer Stephen Jones highlighted the Australian government’s intent to exclude crypto assets from being regarded as a foreign currency for tax purposes.

Disclaimer: FTX has deleted the source tweet and updated the blog post that was the basis of the initial story. This article has been updated based on new official information to confirm that FTX will suspend ETH deposits and withdrawals, and not halt the trades on the crypto exchange. While Ethereum devs promised no downtime

The cryptocurrency markets have been quiet over the weekend. The sideways price action continues on Sept. 5 and there are unlikely to be any fresh triggers from the United States equities markets, which are closed for Labor Day. However, the bullish picture for cryptocurrencies looks clouded as the energy crisis in Europe sent the euro

Network outages continue to be the Solana network’s biggest challenge, according to its co-founder Anatoly Yakovenko. Launched in 2020, the Solana network has suffered a number of network outages, which have come from a number of different congestion and spam events, according to Yakovenko. In a Sept. 2 interview with Real Vision co-founder Raoul Pal,

An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing. Considering that all the tweets posted by the hacker remain active, it is evident that PwC officials are yet to realize the compromise. Investors clicking on the

The price of CEL soared by nearly 50% as traders assessed its parent firm Celsius Network’s inclination to return a portion of the locked funds to its customers. No CEL-ling pressure for now On the daily chart, CEL surged to its intraday high of $1.67 per token on Sept. 2 after lows of $1.15 the day

Nonfarm payrolls rose by 315,000 jobs in August, down from the July increase of 526,000 jobs. The report was just below the Dow Jones estimate of 318,000 jobs and the slowest monthly gain since April 2021. The S&P 500 rose in response to the report, but later erased its gains, indicating that bears continue to