Ethereum falls to new 42-month low vs. Bitcoin — Bottom or more pain ahead? 

United Kingdom-based fund manager Ruffer liquidated its $600M Bitcoin bet after growing nervous about the speculative frenzy in the cryptocurrency market, including huge rallies in meme-based tokens like Dogecoin (DOGE).The fund, which manages roughly $34 billion for wealthy clients and charities, started selling its cryptocurrency stash in December 2020, when the BTC/USD exchange rate rose…

The wireless carrier is accused of failing to protect its customers from SIM swappers' lucrative heists. 384 Total views 1 Total shares Telecoms provider T-Mobile has become the latest corporate name to come under fire for its alleged negligence and failure to protect customer information, which indirectly enabled a "SIM swap attack" that led to…

Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto.As reported by Reuters on July 7, Deutsche Bank’s momentous decision will entail the bank exiting its equities sales and trading business — which had reportedly…

Bitcoin (BTC) and cryptocurrency will gain trust from the incoming launch of institutional trading platform Bakkt, a well-known analyst has said.More Praise For BakktIn a tweet on Sept. 19, Fundstrat Global Advisors co-founder Tom Lee joined the increasing number of Bitcoin figures bullish about Bakkt’s impact on the space.The platform goes live on Sept. 23,…

Suspicion is mounting as CoinMarketCap defends its listing methodology and denies Chainlink paid for exposure. 763 Total views 13 Total shares Cryptocurrency ranking resource CoinMarketCap is facing a backlash after listing Chainlink (LINK) as the biggest DeFi token by market cap.The website’s new DeFi section lists what executives consider to be the most important altcoins…

Marc Cuban’s wallet sold 14 NFTs for $38,500 and listed two more NFTs for sale for about $66,000.

Two BSC-based projects have been attacked by replacing their websites with a malicious interface. 426 Total views 5 Total shares Two decentralized finance projects are reportedly being targeted by a DNS spoofing attack. According to Monday morning U.S. time reports, PancakeSwap and Cream Finance, two projects deployed on Binance Smart Chain, are phishing users into…