Ethereum: Of staking, Lido's dominance, and rising concerns

ETH staked was over 28 million at press time. Likewise, ETH staked through Lido stood at over 8 million. Ethereum [ETH] staking has seen a consistent rise in participation since its inceptioThe post Ethereum: Of staking, Lido's dominance, and rising concerns appeared first on AMBCrypto. дальше »

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Gala Games co-founders clash in opposing lawsuits seeking $130M, $600M in damages

The co-founders behind the blockchain firm Gala Games have initiated legal proceedings against each other, according to recent court filings. First case concerns alleged $130M theft The first case, which Gala co-founder Eric Schiermeyer filed on Aug. дальше »

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Trending Shiba Memu could be the next big thing in crypto

The cryptocurrency industry is going through major headwinds amid regulatory and monetary concerns in the United States. Bitcoin has remained below $26,000 while the market cap of all coins has been stuck at $1 trillion. дальше »

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Concerns Abound As Over $10 Million in Solana (SOL), Other Cryptos Leave FTX-Linked Wallet

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Crypto Betting Platform Stake Compromised in $41 Million Exploit

Stake, a crypto betting platform backed by Drake, is in hot water for a suspected $41 million exploit. The platform has yet to publicly comment, raising concerns over its security measures. The post Crypto Betting Platform Stake Compromised in $41 Million Exploit appeared first on BeInCrypto. дальше »

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FTX Litigation Spills Over Into Antigua as Creditors Raise Concerns

SBF is accused in Antigua of obstructing the liquidation process of his bankrupt holding company, Emergent Fidelity Technologies (EFT). The post FTX Litigation Spills Over Into Antigua as Creditors Raise Concerns appeared first on BeInCrypto. дальше »

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VC Spectra’s Meteoric Presale: Outshining EOS and Hedera (HBAR)?

VC Spectra’s (SPCT) presale performance has sent shockwaves through cryptocurrency, prompting comparisons to established players like EOS (EOS) and Hedera (HBAR). While Japan has recently whitelisted EOS (EOS), Hedera (HBAR) suffers from increased concerns over decreased APY rates. дальше »

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Aave price is in trouble as US money market fund yields rise

Aave price has been in a strong bearish trend in the past few months. There are concerns about the American interest rates. Money market funds and CDs have a better yield than Aave. AAVE price has underperformed the market amid rising concerns about the DeFi protocol’s viability in a high-interest rate environment. дальше »

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Bitcoin September Roadblock: ETF Delay’s Impact, According to Analysts

Bitcoin, the world’s leading cryptocurrency, appears to be on shaky ground as it heads into September, historically a challenging month for the digital asset. The uncertainty stems from a combination of factors, including the latest decision by the US Securities and Exchange Commission and broader macroeconomic concerns. дальше »

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Examining the recent Shibarium rug pull on BNB chain

Shibarium rug pull raised security concerns across various networks. Binance Smart Chain (BSC) and BNB continued to witness a decline in interest and activity. In the volatile world of memecThe post Examining the recent Shibarium rug pull on BNB chain appeared first on AMBCrypto. дальше »

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FTX's $10 million crypto transfer sparks concerns of market disruption

The FTX wallet facilitated the transfer of $6. 23 million worth of Ether and over $4 million in various altcoins. FTX's bankruptcy situation has seen interesting developments in recent months. дальше »

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FTX wallet shifts $10M in crypto, sparking fear of token dumps to come

The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets.

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Bitcoin Price Falls To $25.4K As Trader’s Enthusiasm For ETFs Turned Into Worry And Fear

The price of Bitcoin fell to $25. 4K on Monday, its lowest level since June 16th. The sell-off was likely triggered by growing concerns that the US Securities and Exchange Commission (SEC) may not be willing to approve a spot Bitcoin ETF. дальше »

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USDT: Deciphering the depegging mystery amid declining volatility

USDT depeg sheds light on the other side of the coin as low volatility reveals impact. USDT remains in good spirits in terms of utility despite depegging concerns. Stablecoin depegs are a coThe post USDT: Deciphering the depegging mystery amid declining volatility appeared first on AMBCrypto. дальше »

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Bitcoin Freefall Alert: On-Chain Metrics Expose Vulnerability, Targets $23,000

The recent decline in Bitcoin (BTC) has raised concerns among market participants as the largest cryptocurrency struggles to maintain its upward momentum.   With the loss of key moving averages and the $27,000 level, BTC’s sharp decline has been exacerbated by negative market sentiment and delays in the approval of spot Bitcoin Exchange-Traded Funds (ETFs) by the US Securities and Exchange Commission (SEC). дальше »

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The Tide Has Turned: Cambridge Revises Down False Bitcoin Energy Estimates

The Cambridge Centre for Alternative Finance (CCAF) has revised its Bitcoin electricity consumption estimates, addressing longstanding concerns about the accuracy of its Cambridge Bitcoin Electricity Consumption Index (CBECI). дальше »

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Worldcoin Plunges Over 50% Amid Global Data Privacy Concerns

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Worldcoin Signs Up Nearly 10,000 Argentinians in Less than 24 Hours

Argentina witnesses a record-breaking 10,000 sign-ups for World ID by Worldcoin in a single day. This surge highlights the country's crypto enthusiasm but also echoes concerns raised by Worldcoin’s controversies in Kenya. дальше »

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Gemini Raises Concerns About Genesis Bankruptcy Plan

Gemini has disputed Digital Currency Group's proposed bankruptcy plan for crypto lender Genesis, claiming it lacks clarity, crucial information, and creditor support. The post Gemini Raises Concerns About Genesis Bankruptcy Plan appeared first on BeInCrypto. дальше »

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Kenya clamps down on Worldcoin over national security and tax evasion concerns

Kenya’s National Computer Cybercrimes Coordination Committee (NC4) warned that Worldcoin activities pose national and economic security challenges to the African country, local media outlet Standard Media reported. дальше »

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Is Friend.Tech a Pyramid Scheme? Uncovering the Similarities

friend. tech promises to revolutionize how we view social capital by monetizing it through crypto. Yet, its pyramid-like business model raises concerns about its long-term sustainability and ethical standing. дальше »

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5 billion LUNC unstaked, triggers price drop concerns

Over 5 billion LUNC coins were unstaked on 28 August. With bears in control in the last month, the altcoin's price has continued to decline. Terra Classic [LUNC] saw significant tokens unstaThe post 5 billion LUNC unstaked, triggers price drop concerns appeared first on AMBCrypto. дальше »

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US Republicans accuse Fed of stifling stablecoin regulation

Republican lawmakers accuse Federal Reserve of hindering stablecoin regulation efforts through recent regulatory letters, raising concerns about its impact on digital asset market participation. дальше »

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Report Shows Consumers Becoming Increasingly Distrustful of Generative AI

A report reveals only 13% of consumers trust companies to use AI ethically, with concerns over data security, unethical AI use, and biases. Over 80% believe human validation of AI output is important. дальше »

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US Bitcoin Miner to Use Burned Tires for Power: Innovative or Controversial?

Stronghold Digital Mining aims to use burned tires for Bitcoin mining, raising eyebrows and environmental concerns, as it walks a fine line between innovation and controversy in Pennsylvania. The post US Bitcoin Miner to Use Burned Tires for Power: Innovative or Controversial? appeared first on BeInCrypto. дальше »

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Optimism: Why the protocol's latest unlock may not favor OP's growth

Optimism's token unlock could pose challenges to the potential growth of the protocol going forward. Network growth and velocity of the OP token fall, along with price, raising concerns. WitThe post Optimism: Why the protocol's latest unlock may not favor OP's growth appeared first on AMBCrypto. дальше »

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A Crash Like Amazon’s? This Scenario Could Push Bitcoin Back To $10,000

Bitcoin (BTC), the leading cryptocurrency in the market, has experienced a significant decline since mid-August, resulting in a stagnant price within a newly formed range. This decline has occurred amidst what many believe is an extended bear market in cryptocurrency, causing concerns about the future of Bitcoin’s bull cycles. дальше »

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Stablecoin Bill Becomes Political Battleground: Fed And GOP Face Off

Leading Republican House Financial Services Committee members have voiced deep concerns over recent actions taken by the Federal Reserve Board (Fed) that they believe undermine the progress made by Congress in establishing a regulatory framework for payment stablecoin. дальше »

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Republican lawmakers object to Fed’s proposed crypto, stablecoin rules

Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate. дальше »

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Monero: A new miner, growing concerns and the current state of the XMR token

Bitmain has announced the launch of the first professional XMR miner. While XMR's value has dropped by double digits in the last month, a rebound might be imminent. The world's leading manuThe post Monero: A new miner, growing concerns and the current state of the XMR token appeared first on AMBCrypto. дальше »

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Bitcoin network reaches unprecedented 400 th/s amid global energy concerns

Quick Take The Bitcoin network has witnessed a significant milestone, with its hash rate peaking at 400 terahashes per second (th/s), a first in its history. This development is particularly noteworthy considering the ongoing energy crises in Texas and escalating electricity prices globally. дальше »

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Crypto Scammers Exploit Verified Twitter Accounts, Fueling Fraud Concerns

The fraud accounts are especially targeting the crypto investors, per the analyst. ZachXBT added, "I think most of X team probably does not realize bc scammers mainly focus on crypto twitter niche. дальше »

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Pepe touts mild gains despite rug pull concerns

Pepe Coin (PEPE) has thrust itself back into the spotlight, but this time conversations revolve around its recent underperformance — a substantial 19% decline over the past week. However, the meme token posted a slight gain today.  Currently valued at… дальше »

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Worldcoin Meltdown: 50% Crash Caused By Mounting Data Privacy Paranoia

The Worldcoin cryptocurrency project, led by Sam Altman, the brains behind ChatGPT, is facing increased scrutiny from regulators worldwide. The project’s use of eye-ball scanning orbs for user enrollment has raised concerns about potential violations of data protection laws. дальше »

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FTX suspends user accounts amid Kroll cyber breach concerns

FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack. дальше »

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Move Abroad or Vote GOP”: Does Crypto’s Future Hinge on 2024?

The future of cryptocurrency in the United States has become a hot topic of debate, especially as the 2024 presidential elections approach. Ryan Selkis, a prominent figure in the crypto community, recently took to Twitter to express his concerns about the industry’s future if President Biden is reelected. дальше »

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Bitcoin in the crosshairs - FED Chair's comments raise concerns

A look at what to expect if the Federal Reserve announces a rate hike. Why the impact of the announcement will likely not trigger a major pullback. Bitcoin’s [BTC] downside potential just The post Bitcoin in the crosshairs - FED Chair's comments raise concerns appeared first on AMBCrypto. дальше »

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Worldcoin tanks by over 50% as data privacy concerns mount

WLD's value declined by more than 50% in the first month of the project's launch. This has been a result of the regulatory concerns around the project. Since Worldcoin’s [WLD] mainnet launThe post Worldcoin tanks by over 50% as data privacy concerns mount appeared first on AMBCrypto. дальше »

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Pepe coin loses 20% one week amid rug-pull concerns

Pepe Coin’s price plunged 20% in one week as substantial token transfers by the developer team to exchanges ignited fears of rug-pull, shaking investor confidence. Pepe Coin, once a celebrated deflationary meme coin, has found itself at the center of… дальше »

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Dropbox cancels unlimited storage due to crypto mining concerns

Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is shifting from its… дальше »

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Only 17% of Russians would agree to store more than $200 in CBDC

The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%). дальше »

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SOL, ADA Lead Crypto Majors' Gains as Bitcoin Traders Move Past $1B Liquidation Event

Both tokens rose 3%, bitcoin and ether added as much as 1.2%, while bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem. дальше »

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Whales dump Ethereum - should you be concerned?

Ethereum whale liquidation amidst market volatility raised concerns about dwindling engagement. Despite whale disinterest, Ethereum saw a surge in non-zero addresses, indicating retail investorThe post Whales dump Ethereum - should you be concerned? appeared first on AMBCrypto. дальше »

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EU Data Act’s ‘kill switch’ provision for smart contracts raises concerns

The European Council and Parliament's recent consensus on the Data Act brings to light potential challenges and considerations for crypto in the EU дальше »

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Bitcoin price prediction: A very dangerous pattern is forming

Bitcoin price has formed a double-top pattern on the daily chart. It has also formed a bearish flag pattern on the four-hour chart. Bitcoin price remained in a tight range this week as concerns about the industry continued. дальше »

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UK Crypto Firms Fail at Customer Verification, Survey Finds

Newly released survey data from SmartSearch has raised concerns over the commitment of cryptocurrency firms when it comes to effective customer verification. The post UK Crypto Firms Fail at Customer Verification, Survey Finds appeared first on BeInCrypto. дальше »

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FTX founder Bankman-Fried ‘on bread and water’ in jail, lawyers claim Sixth Amendment violation

Sam Bankman-Fried, the 31-year-old founder of the bankrupt FTX cryptocurrency exchange, pleaded not guilty to a fresh indictment involving fraud and conspiracy. His lawyer voiced concerns about Bankman-Fried’s treatment in jail during his first appearance in Manhattan federal court after… дальше »

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Germany Proposes to Scrutinize AI Investments From China, Citing Risk to Economic Security

Germany's deputy chancellor, Robert Habeck, has proposed restrictions on Chinese investments in AI and semiconductor sectors over concerns about economic security. The post Germany Proposes to Scrutinize AI Investments From China, Citing Risk to Economic Security appeared first on BeInCrypto. дальше »

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Thailand looks to ban Facebook next week over crypto ad scams

Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed. дальше »

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Shiba Inu burn rate soars despite Shibarium concerns

Shiba Inu (SHIB) has witnessed an impressive increase in token burns in the past 24 hours, with over 1 billion tokens incinerated. This heightened burn rate comes despite the mounting concerns surrounding the Shibarium mainnet launch. Data from Shibburn, the… дальше »

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