Post-Merge Profit-Taking Cuts 13% Off Ethereum Ratio Against BTC

We’re in a post-merge world, and the lessons keep arriving. As it turns out, the mythical Merge was a sell-the-news event for Ethereum. Technically, the event was a success and Ethereum kept a 100% uptime as optimistically predicted. Economically, the asset has been bleeding for the whole post-merge season. As a result, Ethereum lost ground against bitcoin, and bitcoin dominance is back up. Let’s go to Arcane Research’s The Weekly Update for the exact stats and numbers:  “Since the merge, Ether (ETH) is down 17% in USD and down 13%…

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Downfall of Canada's Lambo driving ‘Crypto King’ reportedly sees $35M in losses

Founder of fraud recovery law firm says the only other avenue available for investors would be to make reports to the Ontario Securities Commission or the police. A self-styled 23-year-old ‘Crypto King’ is facing a raft of demands among 140 of his investors as they try to claw back a collective total of $35 million from his company AP Private Equity Limited. According to a Sept. 20 CBC report, creditors are hard at work trying to unravel where all the money they allegedly gave Canadian Aiden Pleterski to make crypto…

Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch – Exchanges Bitcoin News

Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be able to choose if they want to work in-office or remotely. The company also hinted at the launch of a debit card in the future. Binance Expands Team Facilities in Brazil Latam countries like Brazil are becoming more and more important for cryptocurrency exchanges all over the world, due to the boom that crypto…

Inside a Crypto Dating Scam : Swipe to Invest (Part 1)

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White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?

A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty for their find. Known as riptide on Twitter, the hacker described the exploit as the use of an initializing function to set their own bridge address, which would hijack all incoming ETH deposits from those trying to bridge funds from Ethereum to Arbitrum Nitro. Riptide explained the exploit in a Medium post on Sept. 20: “We could either selectively target large ETH deposits to…

Regulatory clarity will drive the next bull run — hedge fund co-founder

A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United States — which he expects to happen in early 2023. Speaking to Cointelegraph, the former head of valuation risk at Credit Suisse, CK Cheng said some of the regulatory efforts underway in the United States will soon “open the doors” of traditional finance to crypto. Cheng is a former executive at investment bank Credit Suisse who left his role in July 2021 to co-found ZX Squared Capital, a…

Best Free Bitcoin Mining App? Ember Fund Mining Review (Passive Income)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Are you looking for the best free Bitcoin mining app and want to know if Ember Fund is it? This Ember Fund mining review will show the pros and cons so you will know if it is worth it. ✔️Join Ember Fund (use code: MNGUZJOA9AW): 👈 ✔️Best passive ways to earn Bitcoin: 👈 Earning Bitcoin or other cryptos for free online has become very popular. And one option to earn many people are looking for is to mine for free. However, mining…

Ethereum Price Still On The Decline, Can Buyers Defend This Price Level?

Ethereum price tried to rise on its daily chart at the time of writing. Over the last 24 hours, ETH rose by 2%, price action continues to be mundane. In the last week, the Ethereum price fell by 21%. Technical indicators pointed towards continued bearishness. Buying strength declined substantially, which has pushed the price of Ethereum closer to its immediate support line. If buyers do not defend the closest support line, then Ethereum could head for a further decline on its one day chart. For the bearish thesis to be…