Crypto Exchange Bitmart Hacked With Losses Estimated at $196 Million

A tweet from security analysis firm Peckshield first called attention to the alleged hack Saturday night. One of Bitmart’s addresses currently shows steady outflows of entire token balances, some worth tens of millions of dollars, to an address currently labeled by Etherscan as the “Bitmart Hacker” Source link

FTX to Seek $1.5B in New Funding Round at $32B Valuation: Report

FTX CEO Sam Bankman-Fried is looking to raise a total of $1.5 billion for the global cryptocurrency derivatives exchange and U.S. affiliate, FTX.US, The Information reported Friday, citing two unnamed sources “with knowledge of the matter.” The funding round would potentially value FTX at $32 billion and FTX.US at $8 billion, the article said, citing […]

Goldman Looking Into Bitcoin-Backed Lending as Jobs Report Disappoints

This episode is sponsored by NYDIG. Download this episode On this edition of “The Breakdown Weekly Recap,” NLW covers: The latest jobs report and what it means for Fed policy Comments from SEC Chair Gensler and a House crypto hearing next week The latest institutional bitcoin news from Fidelity and Goldman Sachs See also: Warren […]

Bitcoin Drops $9K in an Hour

Some are using this fall as an opportunity to “buy the dip.” El Salvador President Nayib Bukele, whose country holds bitcoin on its balance sheet and has purchased coins during previous dips, announced another purchase of 150 BTC for around $48,700 each. Source link

How ‘Fast Money’ Will Shape the Future

As money gets faster, and especially in the kind of loose monetary environment we’re in now, the analyst is increasingly left in the dust. In his place, decisions both by investors and allocators (VCs) will increasingly be based on what you might call “money vibes.” The power of memes and social media discourse in driving […]

Communing With the Metaverse

This episode is sponsored by Quantstamp, Nexo.io and KuCoin. This week’s “Money Reimagined” podcast comes to you from Miami, where the annual Art Basel event spawned an explosion of sub-conferences and parties associated with non-fungible tokens (NFT). There, we ran into Pierina Merino, the founder of FlickPlay, an exciting new app that combines real-world, camera-captured […]

CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out

Cosmos’ Atom, Solana’s native currency and Internet Computer (formerly Dfinity) all entered the CoinDesk 20 in this quarter’s reconstitution, in a shift where Web 3.0 software platforms, tools and infrastructure replaced decentralized finance (DeFi) and DeFi-related applications among the most-traded currencies in crypto. The three new currencies replaced Aave, The Graph and Uniswap, reversing a […]

Blockchain.com prepara el lanzamiento de un marketplace de NFTs

El interés por las NFT ha crecido este año, con un volumen de operaciones que se disparó un 700% hasta alcanzar los $10.700 millones en el tercer trimestre, atrayendo la atención de equipos deportivos, músicos y artistas, entre otros. Esa popularidad podría acelerarse si exchanges del tamaño de Blockchain.com, que dice tener 70 millones de […]

Bitcoin Extends Losses While Traders Remain Bullish on Ether

Ether, the world’s second-largest cryptocurrency by market capitalization, continues to struggle below its all-time price high of $4,865. The current pullback in ETH could stabilize around the $4,000 support level, although the price rally since the July low around $1,740 is starting to fade. Source link

JPMorgan Gave Away NFTs at an Event This Week. One Is Now Listed for 420 ETH

JPMorgan has taken a dive straight into non-fungible tokens (NFTs). The megabank gave away the NFTs to attendees of its first “Crypto Economy Forum for TradFi Investors” event, which was held at the Wall Street giant’s New York headquarters earlier this week. None have traded so far, according to OpenSea, but one of the 69 […]