MEV bot scam rides AI hype to return under new name, says SlowMist
Blockchain security firm SlowMist found a growing number of people lost funds to fake trading bots that use OpenAI’s ChatGPT in the name to build legitimacy.
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Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023
Bitcoin mining stocks usually follow BTC’s price because it directly influences the company's earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in the month of December. The downturn after FTX's collapse worsened with the bankruptcy filings of the largest U.S.-based Bitcoin mining company, Core Scientific.During this time, other mining…

12 ways ecosystem projects can attract more developers
The ecosystem concept is unique to (and uniquely suited to) the crypto industry. These synergistic communities offer a network where participants can benefit from each other’s work and progress while building an ever-stronger foundation. A recent study found there were more than 18,000 active Web3 developers and pinpointed the ecosystems having the most success attracting…

BitMEX Research: Future Success of Bitmain Depends on Skilled Management
A research unit for crypto exchange BitMEX analyzed recent data on Bitmain which was leaked to Twitter earlier this week. According to the report published on BitMEX blog Thursday, August 30, the Chinese mining giant has “legendary” potential, but future success will depend on skilled management.Discussing the source of leaked Bitmain financial data — apparently…

Bitcoin Price Drop to $8.9K Caused by Whales Selling at Major Exchanges
As the weekly open commenced Bitcoin price dropped below $9,000 in a rapid pullback, liquidating $30 million in longs on BitMEX alone. According to market data, part of the sell off was the movement of crypto whales closing positions which led to panic selling among retail investors.Whales—individual investors that hold an immense amount of Bitcoin—have…

Bitcoin can be sent with a tweet as Bottlepay Twitter app goes live
Users can send Bitcoin to and from their Twitter accounts following the launch of Bottlepay's disruptor payments app. 525 Total views 6 Total shares Twitter users can now send Bitcoin (BTC) with a single tweet, after digital payments app Bottlepay launched its integrated Bitcoin social media feature. Transactions between Twitter users can now apparently take…

Adam Back slams ‘EVM mis-design’ as root cause of Bybit hack
The Bybit hack has sparked debate between Bitcoin and Ethereum advocates, with Adam Back blaming EVM security flaws, while others point to multisig vulnerabilities.

Bitcoin’s recovery may trigger buying in these 4 altcoins
The S&P 500 Index (SPX) closed the week with a nominal loss of 0.29% but Bitcoin (BTC) is on target to finish the week with a deeper cut of more than 5%. The weakness in Bitcoin pulled several altcoins lower, indicating weakening sentiment.A silver lining is Bitcoin’s solid bounce on May 12. Several analysts anticipate…

‘Crypto is just like the end of the 90s with the internet bubble,’ says Hodl CEO Maurice Mureau
Mureau remains bullish on crypto's outlook despite a severe bear market in recent months. 1261 Total views 28 Total shares For Maurice Mureau, CEO of crypto investment fund operator Hodl, there's "not a lot left" to invest in anymore. With soaring inflation, bonds are no go, real estate is getting more difficult but there is…