JUST IN: FalconX is pursuing acquisitions in anticipation of increased consolidation in the crypto sector due to rising business costs and tighter regulations, according to Bloomberg.
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RECENTLY: The U.S. Health Sector Cybersecurity Coordination Center has warned that Trinity ransomware has targeted a healthcare entity, extorting cryptocurrency in exchange for decrypting stolen data.
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RECENTLY: The U.S. alleges a North Korean hacking group stole $879 million from financial institutions and crypto platforms and has filed to seize over $2.67 million in stolen assets linked to the Lazarus group.
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RECENTLY: A crypto trader profited over $124,000 from meme coins inspired by Donald Trump after Elon Musk’s endorsement at a rally.
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ANALYSIS: Toncoin (TON) has seen increased demand and a price rise to $5.34, driven by whale accumulation, but potential selling pressure could threaten its recent gains.
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JUST IN: The World Economic Forum urges regulators to test DeFi innovations in sandboxes for tailored risk management and transparency.
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STUDY: An academic paper suggests that governments should target privacy-focused cryptocurrencies, like Monero, to combat money laundering, advocating for extreme measures as a last resort after other regulatory actions have been exhausted.
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ANALYSIS: Crypto strategist Credible Crypto predicts Bitcoin could rally to $68,000 but warns that any gains may be short-lived, with a potential drop below $48,000 afterward.
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RECENTLY: The U.S. government filed complaints to seize $2.67 million in digital assets stolen by North Korean hackers, including $1.7 million from the 2022 Deribit hack.
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RECENTLY: Experts warn against Worldcoin's biometric data collection as the company expands in Mexico, raising concerns over privacy and regulatory issues.
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OPINION: Mark Cuban claims on the All-In Podcast that FTX and Three Arrows Capital would still be operational if SEC Chair Gary Gensler had implemented clearer crypto regulations.
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ANALYSIS: Binance reports a significant decline in crypto hack losses, with $1.3 billion lost in 2024, down from $8.1 billion in 2021, due to improved security measures.
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RECENTLY: Mikol, creator of Solana meme coin DARE, has quit the project after being hospitalized with third-degree burns from a promotional stunt gone wrong.
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TODAY: Tether celebrates its 10th anniversary by releasing the documentary "Stability and Freedom in Chaos," highlighting USDT's role in combating inflation.
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OPINION: Renowned Australian rapper Iggy Azalea is advocating for cryptocurrency mass adoption, declaring on X that "the time is now" and urging businesses to pay her in crypto instead of fiat.
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RECENTLY: Indian government officials met with WazirX founders after the $235 million crypto hack as the exchange sets up a creditors' committee while facing scrutiny over its security lapses.
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RECENTLY: Coinbase has sought court approval for an interlocutory appeal in its legal battle with the SEC to clarify the Howey Test's application to digital assets, arguing it would streamline the litigation process.
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TODAY: Shiba Inu (SHIB) starts the week strong, with core metrics showing positive trends, including a 544.55% surge in burn rate as 5,166,319 SHIB tokens were sent to dead wallets.
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ANALYSIS: Aptos (APT) will lead the release of over $451 million in tokens between October 8 and October 14, 2024, with 11.31 million APT worth approximately $99.30 million unlocking, potentially affecting its price.
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JUST IN: Metaplanet has purchased ¥1 billion ($6.7 million) in bitcoin, raising its total holdings to 639.5 BTC, valued at around $40.6 million.
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JUST IN: Donald Trump leads Kamala Harris by 3% in Polymarket after Elon Musk's endorsement, though he still trails in a key predictive state.
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ANALYSIS: Crypto expert CryptoMichNL believes the current cryptocurrency bull market resembles the 2017 cycle, driven by significant technological advancements and new liquidity, despite its seemingly uneventful start.
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RECENTLY: Taiwan’s FSC announced new AML regulations requiring crypto firms to register by September 2025, with strict penalties for non-compliance.
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OPINION: Solana co-founder Anatoly Yakovenko claims memecoins dominate and drain momentum from every crypto cycle, overshadowing genuine projects.
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ANALYSIS: As Bitcoin stabilizes around $62K after a rough week, altcoins like XRP and DOGE face significant losses, with XRP down 15% following regulatory news.
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RECENTLY: The U.S., UK, and Australia sanctioned Russian cybercrime group Evil Corp for $100 million in ransomware thefts, linking them to LockBit.
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JUST IN: Melania Trump plans to expand her Web3 venture for foster children if Donald Trump returns to the White House in 2024.
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JUST IN: After his arrest, Pavel Durov and partner Juli Vavilova revealed that stress from the investigation caused her miscarriage on October 4, 2024, shortly after they learned of her pregnancy.
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ANALYSIS: According to CoinGlass, 72% of ETHUSDT traders on Binance are holding long positions, reflecting bullish sentiment despite a recent downward trend for Ethereum.
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ANALYSIS: In the past 24 hours, Bitcoin (BTC) saw over $4.82 million in total liquidations, with 78% ($3.76 million) from long positions, according to CoinGlass, indicating bullish investors were trying to profit from a price spike.
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