Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021. Bitcoin (BTC) extended losses at the Sept. 11…
Category: Cointelegraph
Bitcoin ETF security concerns mount after FBI warns of North Korean hackers
North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. The United States Federal Bureau of…
Chainlink dominance challenged by Pyth’s 46X growth in 2024
While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market. Chainlink, a decentralized oracle…
Attacker drains $1.4 million from CUT token pools via mysterious unverified contract
An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens. An attacker drained over $1.4 million…
Brazilian bank suspends native crypto token trading following 97% price drop
Nubank suspends trading of its native token, offering users the option to convert holdings to Bitcoin or USDC by Dec. 9. Nubank, one of Latin…
Bitcoin net flows hit $750M, highest outflow since May
Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence. Recent data reveals a significant surge in Bitcoin…
Bitcoin drops on Trump Harris debate with BTC price down 2.2% pre-CPI
Bitcoin bulls are caught between a disappointing US Presidential debate and classic pre-CPI BTC price pressure. Bitcoin (BTC) gave up its latest gains into Sept.…
Indonesian crypto exchange Indodax goes offline after suspected $22M hack
The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations. Indonesian crypto…
Bitcoin shorters ‘likely to get burned’ if CPI prints as expected
An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off. United States inflation…
Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate
Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again. Based…