Day: October 15, 2022

War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports – Bitcoin News

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The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern Europe as a whole sustained its role in the global crypto ecosystem. Russians and Ukrainians Turn to Crypto Amid Consequences of Escalating Military Clash The Russian invasion of Ukraine and ensuing military conflict that’s currently escalating have affected all aspects of life in the two nations, and cryptocurrency…

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Texas authorities object to Voyager’s disclosure statement in its current form

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The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) raised an objection in court against Voyager Digital’s disclosure statement, questioning the various methodologies and calculations used to estimate the fair market value of the bankrupt exchange’s crypto assets. In a pleading filed with the United States Bankruptcy Court for the Southern District of New York, the attorneys for the SSB and DOB objected to the order approving the adequacy of Voyager’s amended disclosure statement. Voyager Digital filed for Chapter 11 bankruptcy in New York in July…

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Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year – Featured Bitcoin News

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Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October Chainalysis shared some crypto-related hacking statistics Wednesday. The blockchain data analytics firm explained that back in 2019, most hacks targeted centralized exchanges. However, a vast majority of targets are now decentralized finance (defi) protocols. Chainalysis wrote: After four hacks yesterday, October is now the biggest month…

Michael Saylor: "Ethereum has MAJOR ISSUES!" – Cryptocurrency News Today

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Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price – Featured Bitcoin News

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An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and that doesn’t inform you a lot about what benefits it actually brings,” the DBS strategist emphasized. DBS Strategist on Bitcoin’s Uniqueness DBS investment strategist Daryl Ho talked about bitcoin in a recent media briefing, Finews Asia reported Friday. He explained, “If we just look purely on a price basis, you will see a lot…

Uniswap Sellers Stop But RSI Develops Bearish Divergence

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Cryptocurrencies have been suffering higher volatility since the bear took control. For example, the fledgling crypto coin Bitcoin price plummeted to a low of $18,363 on Oct 13 and then reversed to $19,354 today. Unlike the other top coins creeping, Uniswap’s native token, UNI, marks higher gains. Although its price touched $5.50 when BTC plummeted on Thursday, UNI added over 14% following the day and claimed a $6.49 high. At the time of writing, the token’s value hovers around $6.20, up by 0.96% in the last 24 hours. The Uniswap…