Why is XRP price up today?
XRP price is up today, driven by growing legal tussles against the US SEC in the Ripple lawsuit.
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Crypto hacks and exploits snatch over $300M in Q2 2023: Report
While total year-over-year losses to hackers dropped 58%, BNB Chain saw 119 security incidents leading to losses of around $70 million, followed by Ethereum, with 55 incidents netting hackers over $65 million. More than $300 million in digital assets were lost to crypto hacks and exploits in the second quarter of 2023, according to on-chain…

Bitcoin Surges to $9.3K for First Time in a Week — Is it a Fakeout?
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, surged past $9,300 on July 21 for the first time in over a week. Following a low-volatility range, traders are seemingly turning cautiously bullish in the near-term.Since late June, Bitcoin has been stuck in a relatively tight range between $9,000 and $9,250. It struggled…

What are crypto pump and dump groups? Are they legal?
Pump-and-dump operations, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s. For instance, con artists with shares in the South Sea Company started making false statements about the business and its revenues in the beginning of the eighteenth century. The plan was to inflate the stock price…

Crypto exchange Coincheck partners with Hashpalette for IEO in Japan
Japanese exchange Coincheck will be offering an initial exchange offering in coordination with Hashpalette to sell its Palette Tokens. Major Japanese crypto exchange Coincheck has launched an initial exchange offering platform for raising funds through utility tokens.According to an Aug. 25 announcement from Coincheck, the crypto exchange will be partnering with Japanese company Hashpalette to…

What Is Libra? Breaking Down Facebook’s New Digital Currency
Facebook has been in the news quite often over the past few years — and usually for all the wrong reasons. The social media giant has been lambasted over its privacy practices, its seemingly anti-consumer stance and even an apparent investor revolt in which shareholders voted (albeit symbolically) to remove Mark Zuckerberg from the board…

CryptoQuant CEO says Coinbase Bitcoin outflows are a ‘bullish signal’
The CEO of CryptoQuant says a recent 15,200 BTC outflow at Coinbase is a sign that institutions are accumulating for the next Bitcoin bull break. 1593 Total views 8 Total shares Recent Bitcoin (BTC) outflows from Coinbase are reminiscent of the “proof-of-keys” days and could be a sign of a bullish future, according to CryptoQuant…

Traders take a neutral position after Ethereum futures contracts see massive liquidations
Ether (ETH) price shed roughly 33% between Nov. 7 and Nov. 9 after an impressive $260 million in future contracts longs (buyers) were liquidated. Traders using leverage were surprised as the price swing caused the largest impact since Aug. 18 at derivatives exchanges.Ether/USD 4-hour price at Bitfinex. Source: TradingViewThe $1,070 price level traded on Nov.…

Tunisian Central Bank Denies Reports of an ‘E-Dinar’ Digital Currency
The Central Bank of Tunisia (BCT) has denied reports stating that the bank is developing a central bank digital currency (CBDC). An official announcement from the BCT follows apparently false reports that Tunisia was the first country to start moving its national currency to a blockchain platform and was preparing to launch its “e-dinar.”Central Bank…