Banks to join SWIFT digital asset trials in 2025

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SWIFT has announced that it is strategically positioned to bridge the fragmented digital asset landscape through upcoming digital currency trials set for 2025. Financial institutions across North America, Europe, and Asia are gearing up to participate in these trials, which will involve testing transactions with various digital currencies and assets. SWIFT revealed on October 3 […]

Phishing attacks, private key leaks resulted in $668m stolen in Q3: CertiK

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In Q3, threat actors stole over $750 million in cryptocurrency across more than 150 security incidents, representing a 9.5% increase in value lost despite a decrease of 27 incidents compared to Q2. According to blockchain analytics firm CertiK, phishing attacks and private key compromises were significant contributors to this theft. Even with fewer incidents, the […]

FLR leads top altcoins in 24-hour gains despite market wide selloff

FLR has emerged as the top gainer among the top 100 cryptocurrencies, experiencing a 21% price increase in the past 24 hours, driven by positive developments within its ecosystem. Flare (FLR) rose from a low of $0.0149 to a high of $0.0178, eventually stabilizing around the $0.016 mark. This substantial increase has secured a 12% […]

Pi Coin Reclaims Support After Drop, Critical Week Ahead

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Launched in 2019, Pi Network has yet to release its token to the public market. Despite this, some exchanges, including Huobi and Bitmart, are offering IOU tokens that claim to represent the future value of PI. However, the official Pi Network team has made it clear that they have not confirmed any exchange listings, and […]

APT soars 7% as Aptos acquires Japanese blockchain developer HashPalette

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Layer 1 blockchain network Aptos has announced its acquisition of Japanese blockchain developer HashPalette, marking a significant expansion into Japan’s blockchain market. Aptos Labs, the organization behind the Aptos Network, revealed the acquisition of HashPalette Inc., a subsidiary of HashPort Inc. and the creator of the Palette blockchain, in a strategic move to enter the […]

Chainalysis: Stablecoins represent 40% of crypto economy in Sub-Saharan Africa

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As businesses increasingly seek dollar-pegged alternatives, stablecoins now account for over 40% of Sub-Saharan Africa’s crypto economy. According to a recent report from Chainalysis, stablecoins have become a crucial part of the region’s crypto landscape, representing approximately 43% of total transaction volume. In countries facing volatile local currencies and limited access to U.S. dollars, dollar-pegged […]

Poland’s Pekao Bank using blockchain to preserve art in arctic vault

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Poland’s second-largest bank, Bank Pekao, is leveraging blockchain technology to help preserve the nation’s cultural heritage. In a recent press release, the bank announced a partnership with Aleph Zero to launch a project called Archiv3, which focuses on tokenizing Polish artwork for secure storage and future accessibility. Tokenization involves converting physical assets, such as art, […]

Marathon Digital mined 705 Bitcoin in September

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Marathon Digital Holdings, one of the largest Bitcoin mining companies, reported a 5% increase in Bitcoin production for September 2024. The firm mined a total of 705 Bitcoin, raising its overall holdings to 26,842 BTC. Additionally, Marathon successfully won 207 blocks during the month, marking a 6% rise compared to August. The company maintained its […]

Bitcoin price dumps as Ceffu sells again and fear returns

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Bitcoin’s price has retreated for four consecutive days, as the crypto fear and greed index shifted back into the fear zone amid rising geopolitical risks. Currently, Bitcoin is trading at $60,200, marking its lowest point since September 18 and an 8% decline from its peak last week. This weakness comes as investors adopt a risk-off […]

Mantra is up 2,100% in 2024 as technicals point to more gains

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Mantra, one of the standout altcoins of 2024, has seen a significant rally, reaching a two-month high. The token surged 6.57% to $1.3155, even as Bitcoin, Ethereum, and other altcoins retreated amid rising geopolitical tensions. Remarkably, Mantra has appreciated over 2,130% this year. This upward trend aligns with a rebound in its futures open interest, […]