Crypto News

Bitget has announced the delisting of TokenFi (TOKEN), the token of an asset tokenization platform launched by Floki. The exchange accuses the team behind TOKEN of potential market manipulation and opaque vesting schedule. The price of TOKEN was $0.01806395 at the time of writing, having surged by 258% in the past 24 hours. Bitget has announced the delisting of TokenFi (TOKEN), the tokenization platform recently launched by the team behind the meme cryptocurrency Floki. The price of TOKEN on exchanges is currently $0.01806395, about 258% up in the past 24 hours. Bitget announced the listing of TokenFi on October 27. Why did Bitget delist TOKEN According to details in an announcement published on Tuesday, 0ctober 31, the decision to delist TOKEN relates to potential market manipulation by the project’s team. “ After the trading service of TokenFi (TOKEN) began, significant price fluctuations have been noticed. It was also found that the project team only added less than $2,00...

UniBot, a popular Telegram bot used for Uniswap trading, was exploited. UNIBOT token price plummets. User compensation has been promised. UniBot, a popular Telegram bot used for sniping trades on Uniswap , has fallen victim to a significant exploit, causing a sharp decline in the value of the UNIBOT token. Exploitation of UniBot’s new contract In a surprising turn of events, UniBot, the widely used Telegram bot for decentralized exchange Uniswap trading, recently experienced a security breach. The breach occurred in a newly deployed contract, resulting in the theft of approximately $560,000 worth of various meme coins from users. The company identified the issue as a “token approval exploit” originating from their new router, prompting them to temporarily pause the router to mitigate the situation. Although investigations are still underway, blockchain security firm Scopescan advised affected users to revoke approvals for the exploited contract and transfer their funds to a m...

Andreessen Horowitz (a16z) is planning to raise $3.4 billion for its next early and seed-stage fund. The fundraising is reportedly set to start by the end of year. Andreessen Horowitz (a16z), a crypto-friendly venture capital firm based in Silicon Valley, is targeting approximately $3.4 billion for the next early-stage and seed-stage funds, according to Axios. According to the report , the core fund will represent a slight increase for a16z when compared to previous efforts. New growth, crypto and bio vehicles Andreessen Horowitz is one of the bullish VCs on AI, an area that’s seeing a significant uptick in investments. But as artificial intelligence projects prove a big hit for VC fundraising, the broader landscape is seeing notable declines. The fundraising that reportedly is marked to start towards the end of the year eyes “new growth, crypto and bio vehicles in 2025.” Per Axios, the VC giant “will ask, although not require, limited partners to invest via a new master vehic...

Robert Kiyosaki challenges the 60/40 investment strategy that has 60% stocks and 40% bonds. He says a portfolio with 75% gold, silver Bitcoin mixed 25% real estate/oil is better. Investors might want to shift if they want to survive an imminent economic crash of historic proportions. Robert Kiyosaki, a renowned author and entrepreneur, says the current market is not one where the traditional 60/40 investment advice works.  Financial experts have for ages talked about having 60% of one’s portfolio in stocks and 40% in bonds. But according to Rich Dad Poor Dad author, those who take this approach to portfolio allocation are “the biggest of losers.” Gold, silver and Bitcoin Rather than the 60/40 strategy, Kiyosaki suggests putting 75% of the investment in gold, silver and Bitcoin , and 25% in real estate or oil. Such a portfolio might survive a global crash.  “ Forever and ever financial experts have promoted the idea “Smart Investors invest in 60/40 60% bonds 40% stocks...

Celestia’s mainnet launches on October 31, with several exchange listings. A 60 million TIA token airdrop is scheduled for active users on Ethereum Layer 2s, Cosmos Hub. Celestia’s modular design and consensus mechanisms make its launch a standout event in the crypto space. The highly anticipated launch of Celestia’s mainnet is just around the corner, and it brings with it a flurry of activity in the cryptocurrency world. Below are the key details of what to expect from Celestia’s mainnet launch, including an exciting airdrop and exchange listings. Mainnet launch and exchange listings Celestia, a modular blockchain network, is gearing up for the release of its mainnet, scheduled for October 31. This marks a significant milestone in the project’s development and introduces new opportunities for users and investors. Centralized exchanges, including KuCoin and Bybit, have already announced their plans to begin trading Celestia’s native token, TIA, at around 10 a.m. EST on the da...

Tellor (TRB) price rose to highs of $119 on Monday as bulls looked to close in the green for the first time in four days. TRB price could see a bullishish continuation as whales buy more tokens. Tellor price is just 26% from its all-time-high of $164 reached in May 2021. Tellor (TRB) price pumped early Monday as the market looked to continue the positive momentum that has catalysed recent gains for many altcoins . According to market data from CoinGecko, TRB price was $117 at the time of writing, up 15% in the past 24 hours. The price surge comes as a bullish break from lows of $96 saw TRB soar past $110. What is Tellor? Tellor is a decentralised oracle network with smart contracts on Ethereum.  The protocol’s oracle feeds provide for a permissionless infrastructure for bringing valuable off-chain data to smart contracts. Data providers compete for incentives in TRB, while the platform overall benefits the decentralised finance (DeFi) ecosystem. Tellor recently deployed on...

FLR token gains 18.88% in a week, currently valued at $0.01077. Flare introduces public staking service, allowing FLR holders to participate in the ecosystem. Flare Network transition to proof-of-stake model. FLR, the native token of the Flare network, is making waves following the recent launch of a public staking service. FLR has seen a surge in both interest and value. Here’s a closer look at how this development has impacted the FLR token. FLR token price on the move Over the past seven days, FLR token has demonstrated impressive performance, with an 18.88% increase in its price. Currently valued at $0.01077, this token is gaining traction in the market, capturing the attention of investors and enthusiasts alike. Flare price chart   Flare’s public staking service Flare, an EVM-based layer 1 blockchain giving developers decentralized access to high-integrity data from other chains and the internet, has taken a significant step towards enhancing its ecosystem. The ...

Render (RNDR) price was up 5% in the past 24 hours and 52% in the past 30 days. The AI related crypto project has seen positive sentiment amid greater adoption of its technology. A community vote has also passed a proposal to onboard cloud computing platform Beam. The price of Render rose sharply on Friday as the AI crypto token continued the outperformance seen this past week. RNDR traded more than 5% up to highs of $2.25 in the 24-hour period to the time of writing, with weekly and monthly gains at 13% and 52% respectively. Recent upward momentum has benefited from AI hype driven by forecasts from mainstream companies , including Microsoft, Nvidia and Palantir. RNDR price up as community votes for key proposal Render’s upside appears to have defied likely sell-off pressure after on-chain data revealed FTX/Alameda had moved over 974k RNDR tokens. While the transfer of the tokens, valued around $2 million at the time, was probably for selling purposes, the market’s reaction ke...

Bitcoin (BTC) could rally to a high of $125k in late 2024 amid institutional adoption, Matrixport said in report. The crypto services provider’s Bitcoin price prediction comes amid BTC’s surge to $35k. Spot Bitcoin ETF approval could be one of the catalysts of the bull market. Bitcoin ’s jump to above $35,000 this week came amid the crypto market’s latest spot Bitcoin ETF anticipation. This has the flagship cryptocurrecy looking at potentially printing the first consecutive weekly green candle since late July/early August when it went on to hit lows of $24,900 in September. BTC has notably retreated from the $35k level and is battling to strengthen above $33.5k as of Friday afternoon, October 27. What could drive Bitcoin price to $125k? While some analysts say the crypto could look to retest key support levels , crypto services platform Matrixport says in a new Bitcoin price prediction that the benchmark cryptocurrency could soar to $125,000 by the end of next year. The platf...

Litecoin price was down 3% to trade around $67 on Friday morning. Santiment wrote on X that the altcoin has seen a rapid increase in on-chain movement. LTC is seeing a spike in address activity and whale transactions, with metrics at highest levels since June. The total crypto market is down 1.5% in the past 24 hours to $1.3 trillion, with Bitcoin hovering just above $34,000. Meanwhile, most altcoins are struggling to hold onto recent gains.  But as market observers and analysts put it, the overall outlook is bullish for crypto ahead of what could be a massive bull market in 2024. Could this be the same scenario for Litecoin price? Litecoin price outlook- what’s next for LTC? Litecoin’s 24-hour price was down 3%, with recent gains trimmed to about 7% over the past week as it traded around $67.80. The psychological $100 continues to prove a difficult hurdle for bulls, despite there being a burst of on-chain activity. While address activity and whales both hit June 2023 leve...

The Bill focuses on customer protection, regulatory obligations, and industry self-regulation. Major crypto exchanges in Taiwan had previously formed the Taiwan Virtual Asset Platform and Transaction Business Association. Taiwan’s Financial Supervisory Commission (FSC) also recently issued industry guidelines for VASPs. In a recent move to enhance oversight and customer protection in the cryptocurrency industry, Taiwanese legislators introduced the Virtual Asset Management Bill to the unicameral parliament, the Legislative Yuan, on October 25, 2023. The bill aims to establish clear guidelines for virtual asset service providers (VASPs) while fostering industry growth. Key provisions of the bill The 30-page bill outlines several important provisions: Customer Protection: The bill emphasizes the need for better customer protection within the cryptocurrency industry. It requires virtual asset service providers to separate customer funds from their reserve funds, ensuring transp...

FLOKI token price has surged by 29.01% surge in the last 24 hours. The price gain is attributed to the launch of TokenFi, a real-world asset tokenization platform. TokenFi empowers users to tokenize real-world assets without coding skills. In a significant move that is reverberating through the cryptocurrency world, the FLOKI token has experienced a remarkable 29.01% surge in its price over the past 24 hours. This sudden boost in value is directly attributed to the launch of TokenFi, a novel platform dedicated to real-world asset (RWA) tokenization. TokenFi, introduced by the Floki development team, marks a pivotal shift for the once-meme coin project, positioning it as a formidable contender in the decentralized finance (DeFi) ecosystem. Revolutionizing RWA tokenization using TokenFi TokenFi is designed to facilitate the tokenization of real-world assets without requiring users to possess coding skills. FLOKI LAUNCHES TOKENFI (with "TOKEN" ticker) TO CAPITALIZE ON...

WINR Protocol taps double-digit gains today, up 22% at the time of writing. Gains of nearly 60% in the past month have come amid key network developments. The protocol recently burned 70 million WINR tokens and launched the first on-chain 1000x Bitcoin (BTC) and Ethereum (ETH) futures. WINR Protocol, a decentralised iGaming infrastructure platform powered by the WINR token, has seen significant market traction in the past week. Today, the price of the protocol’s native token jumped more than 22% in 24 hours to hit its highest price level since August. WINR was trading around $0.05 at the time of writing, up 37% this past week and nearly +60% in the past 30 days. The token was however 57% down since its all-time high above $0.11 reached on March 21 this year. The recent gains have come amid a series of major developments for the platform. Is this why WINR price has been rising? Let’s have a look. Why is WINR Protocol price rising? Cryptocurrencies saw a massive spike in volatil...

Crypto exchange Crypto.com is giving away an Aston Martin F1 merchandise package to celebrate its partnership with the team. 10 participants stand to win a merchandise pack ahead of Mexico GP. Crypto.com has announced an Aston Martin F1 giveaway as it celebrates its partnership with the Formula One team. The merch pack is available via a campaign period between October 25 and October 29, the crypto exchange noted in a blog post . “ We’re buzzing with anticipation about the upcoming Formula 1 Gran Premio de la Ciudad de México 2023, and are celebrating the event — and the Aston Martin Aramco Cognizant Formula One team’s efforts in the constructor championship — with a giveaway !” The Mexico Grand Prix is near, and we’re celebrating with a #giveaway . 🏆Enter to win a #CryptoCom x @AstonMartinF1 merch pack How to participate👇 🏁 Guess what positions @alo_oficial and @lance_stroll will finish at the #MexicoGP 🔵 Like and RT ✅ Follow @cryptocom pic.twitter.com/Pn4hM3OWD...

Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain networks, facilitating seamless transactions between stablecoins and CBDCs. UDPN, with 25 participating organizations, aims to enhance digital currency transactions. Global banks Deutsche Bank and Standard Chartered are pioneering a groundbreaking solution that could revolutionize cross-border transactions in the realm of digital currencies. These financial giants are currently engaged in testing a network known as the Universal Digital Payments Network (UDPN), which has the potential to be a game-changer in the world of blockchain-based transactions. How the UDPN works UDPN, conceived as a permissioned blockchain system, is a brainchild of tech consultancy GFT Group and Red Date Technology, co-founder of the Chinese Blockchain-Based Service Network (BSN). The system is designed to facilitate seamless transactions between a wide spectru...

Circle, BitoGroup, and Taiwan FamilyMart join forces to launch a ‘Points-to-Crypto’ service in Taiwan. ‘Points-to-Crypto’ service allows for the conversion of FamilyMart’s FamiPoints into digital currencies like USDC. The partnership empowers the Taiwanese community to embrace digital fintech innovations. A groundbreaking partnership between Circle Internet Financial, BitoGroup, and Taiwan FamilyMart is set to transform the loyalty points economy in Taiwan, making it more accessible and valuable for consumers while advancing the adoption of cryptocurrencies . In Taiwan, the loyalty points ecosystem has become an integral part of daily life, particularly in the context of the nation’s high-density convenience stores. According to the Market Intelligence & Consulting Institute (MIC) in Taiwan, loyalty points’ accumulation and redemption are highly valued by consumers. In 2021, 87% of users engaged in points accumulation, with 99% of them frequently redeeming points for products...

Banco de España has backed the digital euro. The digital euro promises offline payments and privacy, akin to cash. European central banks, including the Bank of Finland, are supportive of the digital euro project. In a significant move towards digitalization, Banco de España, Spain’s central bank, is aligning with its European counterparts to introduce a digital euro. This initiative aims to revolutionize the way financial transactions are conducted, offering a range of potential benefits for consumers and businesses. A new era in finance with the digital euro Banco de España has joined the growing chorus of European central banks in endorsing the digital euro, a central bank digital currency (CBDC). The traditional form of physical cash, according to the central bank, falls short of harnessing the advantages presented by the increasingly digitalized economy and society. As a response, the digital euro is set to emerge as a pivotal component of the financial system, paving the...

Marinade Finance is currently the largest DeFi protocol on Solana. Marinade Finance has blocked UK users due to concerns over FCA regulations. The FCA’s Financial Promotions Regime has prompted several cryptocurrency entities, including Marinade Finance, to exit the UK market. In a recent development, Marinade Finance, a leading decentralized finance (DeFi) protocol operating on the Solana blockchain, has halted its services for users in the United Kingdom. Interestingly, the price of the Marinade (MNDE) token has surged by 22.54% today despite the exit news. The token has hit a daily high of $0.07032. The decision comes in response to growing compliance concerns arising from the regulatory framework established by the UK Financial Conduct Authority (FCA). Compliance issues prompt UK market exit Users from the UK were greeted with a block page on October 23 when attempting to access Marinade Finance’s website from a local IP. The message displayed on the page cited “compliance...

Mina’s surge was fueled by Upbit’s listing and KRW pairing. Bluzelle surge is fuelled by whale accumulation and gaming activity in GAMMA 4. The Conflux surge is fuelled by its expansion efforts in the UAE. In a whirlwind of market activity, three cryptocurrencies – Mina (MINA), Bluzelle (BLZ), and Conflux (CFX) – have recently experienced significant double-digit surges in their token prices. This extraordinary growth is closely tied to their involvement in the rapidly expanding world of Web3, each capitalizing on different aspects of the decentralized web. Mina rides high on Upbit listing and Korean expansion Mina Protocol’s native token, MINA, has surged by an astounding 81.25% in the past 24 hours to trade at $0.7487 at the time of writing. MINA price chart   This remarkable growth came hot on the heels of Upbit’s announcement that it would introduce a Korean won (KRW) trading pair for MINA. Upbit, South Korea’s largest cryptocurrency exchange , carries significan...

Bitcoin products saw $55.3 million in inflows, short bitcoin products recorded $1.7 million. BTC price rose to highs above $35k amid speculation around a spot Bitcoin ETF. In altcoins, Solana (SOL) saw inflows of $15.5 million but Ethereum saw $7.4 million in outflows. Crypto products have registered institutional inflows for a fourth consecutive week, with Bitcoin seeing the most inflows amid its recent price spike. Today, the leading digital asset saw its price rise sharply to above $35k , suggesting the trend is likely to continue as sentiment slowly shifts towards a solid bullish outlook. $66 million in inflows last week It appears institutional appetite for crypto investment products is hitting new levels as more people pour money into crypto funds. A report by digital asset manager CoinShares shows that cryptocurrencies are on a four-week streak of inflows, with Bitcoin accounting for the largest share of that with 84%. While Bitcoin products recorded $55.3 million in i...

Bitcoin (BTC) price rose sharply to $35k, its highest price since May 2022. The skyrocketing prices came as new speculation about a spot Bitcoin ETF approval hit the market. Analysts say BTC could break to $40k or higher. Bitcoin price skyrocketed early Tuesday to hit highs of $35k for the first time in 17 months. The BTC price’s sudden surge began late Monday when fresh news hit the market regarding the imminent approval of a spot Bitcoin ETF . Bitcoin skyrockets to $35k Unlike the previous ETF-triggered spike that faded just as quickly after it was the news was proved to be fake , this time BTC/USD smashed past the robust resistance at $32,800. The pump above this hurdle invalidated a bearish signal as the bellwether crypto asset to above $35k for the first time since early May, 2022. Analysts are predicting further gains to $40k if bulls hold prices above the $31k level. This outlook could indicate strength for bulls and set up BTC for another explosive rally should the SE...

Investor FOMO drives Shiba Memu to $4 million presale What makes Shiba Memu unique compared to other meme tokens? Is Shiba Memu a good investment? Shiba Memu extended its presale after an initial offering saw massive demand from an excited community. Now with cryoto in bullish mood and the presale extension nearing a close, the fear of missing out on what could be a great investment opportunity is driving new interest.  Shiba Memu presale near $4 million While speculation on what Shiba Memu can achieve is likely behind part of the early enthusiasm about this project, most of it could be down to what makes it unique from other meme tokens. Global investors keen to diversify their portfolios with this token have poured millions into the project via the Shiba Memu (SHMU) presale . Having launched for an initial 60 day period in July, the Shiba Memu team moved to extend the offering to October 31.  The new timeline has accorded interested investors an opportunity to buy...

The Memeinator presale has raised nearly $820k within weeks of its launch and is seeing huge interest. This article looks at MicroStrategy’s Bitcoin investment amid BTC price resurgence What does this mean for crypto and for investors looking to tap into new opportunities? MicroStrategy is reportedly sitting on $60 million in unrealized gains from its haul of Bitcoin (BTC). Despite the crypto market’s bearish flip over the past two years, the business intelligence company continued to buy rather than fold and sell its holdings. The recent purchase of more than $147 million worth of BTC illustrated the firm’s long term bet on the asset. Despite the bear market’s brutal impact on businesses, MicroStrategy’s approach suggests long term investors could reap big from their crypto investments. Could this outlook also apply to diversified bets on promising altcoins, one of which could be the Memeinator (MMTR) ? Why MicroStrategy’s Bitcoin bet could pay off big In September, when Micr...

r/CryptoCurrency removes moderators for MOON token insider trading. Insider trading led to an 85% token price drop, sparking debates. MOON token’s future remains uncertain, with discussions and pending decisions. In a recent development within the r/CryptoCurrency subreddit, a community of 6.9 million crypto enthusiasts, a group of moderators has been ousted for alleged insider trading of MOON tokens. This incident has stirred a flurry of discussions within the crypto community , raising questions about fairness, transparency, and regulatory actions. Moderators removed amid insider trading accusations Last Tuesday, Reddit announced its decision to terminate the “Community Points” program – a blockchain-based system designed to reward content creators and developers. This program allowed users to earn and spend community points using native tokens like MOON. However, a significant controversy erupted when it was revealed that some moderators had traded MOON tokens shortly befor...

There has been some substantial in-game activity on the Aptos Arena. There has also been an overall positive sentiment in the cryptocurrency market. The price of Aptos (APT) token has climbed by 21% over the last 7 days. The Aptos (APT) cryptocurrency has been making headlines with its impressive performance, recently breaking through the $6 mark, and gaining a staggering 21.01% in the past week alone. The token is rising four days after Aptos suffered a five-hour outage. The outage coincided with the same week that Aptos was launched in 2022. This remarkable price surge has piqued the interest of investors and crypto enthusiasts. But what is driving this extraordinary growth in the Aptos network, and why is it attracting significant attention? Aptos’s rapid expansion and global presence Aptos Network has been experiencing rapid expansion, with a notable milestone of 112 nodes operating around the world. These nodes are strategically distributed across 25 different countries a...