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Cryptocurrency News

Location American Cryptocurrency News for 8 October 2023
Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing Russian President Vladimir Putin has stated that the U.S. dollar-based global financial system is gradually collapsing. “After all, a currency is a derivative of the power of the economy of the country that issues this...
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Tesla CEO Elon Musk Predicts 'Comprehensive Overhaul' of SEC With 100% Probability Billionaire Elon Musk has called for a "comprehensive overhaul" of regulatory agencies, which includes the U.S. Securities and Exchange Commission (SEC). The Tesla and Spacex CEO added that there needs to be a commission...
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Social On-Chain App Stars Arena Suffers $2.9 Million Hack; Team Secures Funds to 'Close the Gap' Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has...
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Bitcoin Lingers in a 'Neutral' Phase as the Fear and Greed Index Signals Market Consolidation On Sunday, October 8, 2023, bitcoin’s price teeters just below the $28K threshold, marking a 2.6% rise from the previous week. Presently, the Crypto Fear and Greed Index (CFGI) hovers at a “neutral” 50 out of 100, ...
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Investor Disagreements Force FloorDAO to Send $2.5 Million to Splinter Faction - What's Going On? FloorDAO, a crypto group focused on NFT finance, has split into two separate entities due to disagreements among investors. The project, which aims to develop products for "NFT-Fi," transferred over $2.5 million from its...
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The Rise and Retreat: Bitcoin's Ordinal Inscription Wave Ebbs Since September 25, 2023, the trend of Bitcoin-based Ordinal inscriptions has notably waned, hitting its most subdued levels since mid-April. On October 3 and 4, fewer than 17,000 inscriptions made their mark on Bitcoin�...
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Ian Freeman Sentenced for Selling Bitcoin Without License, Judge Swats Down SEC Appeal in Ripple Case, and More -- Week in Review Free Talk Live co-host Ian Freeman has been sentenced to eight years in prison for selling bitcoin without a license, the SEC has taken in a loss in its push for interlocutory appeal against Ripple, and a verified “Sat...
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Avalanche-Backed Stars Arena Faces $3 Million Security Breach Stars Arena, a social platform supported by Avalanche's Contract Chain, has fallen victim to a significant security breach. In a Saturday tweet, the official Stars Arena Twitter account issued a warning confirming that t...
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Crypto Cards Still an Option to Spend Digital Cash in Fiat Environment Rising regulatory pressures may have limited crypto cards on offer but they remain a viable way to pay with coins where only fiat is accepted. With them, you spend crypto and that’s without the need to exchange it befo...
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Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023 In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen th...
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Terra Luna Classic Price Prediction as LUNC Edges Closer to $0.00006 - Can It Hit $3 in 2023? In the rapidly changing landscape of digital assets, Terra Luna Classic's LUNC has been catching the eyes of many cryptocurrency enthusiasts. While its current price hovers around the $0.00006 mark, its future potential ...
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Bitcoin Price Prediction as BTC Faces Crucial $28,500 Threshold - Will it Break Through to Higher Ground? The cryptocurrency community is abuzz with speculation and anticipation as Bitcoin hovers tantalizingly close to the significant $28,500 mark. Will Bitcoin surge past this barrier to achieve new heights, or is there a re...
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Robert Kennedy Jr. Promises to End White House War on Bitcoin -- Says We Need 'Freedom Currency' That Government Can't Control U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to end the White House's war on bitcoin if he is elected President of the United States. “I'm going to make sure that bitcoin is protected, that ...
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