Day: December 14, 2022

Gemini allegedly suffered data breach; 5.7 million emails leaked

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Cryptocurrency exchange Gemini appears to have suffered a data breach on or before Dec. 13. According to documents obtained by Cointelegraph, hackers gained access to 5,701,649 lines of information pertaining to customers’ account numbers, email addresses, and partial phone numbers. In the case of the latter, hackers apparently did not gain access to the full phone numbers as certain numeric digits were obfuscated. The leaked database did not include sensitive personal information such as names, addresses, and other know-your-customer information. In addition, some emails were repeated in the document; thus,…

SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’ – Bitcoin News

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On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents Joseph Bankman and Barbara Fried attended the proceedings. Toward the end of the hearing, judge Ferguson-Pratt denied SBF’s request to be released on bail and remanded Bankman-Fried to the Bahamian jail until Feb. 8, 2023. Bankman-Fried’s Media Tour Comes to an…

Shiba Inu and DogeCoins Are Struggling while Tora Inu Is Achieving Its Goals

Place/Date: – December 14th, 2022 at 3:00 pm UTC · 4 min read Source: Tora Inu Photo: Tora Inu Dogecoin has seen its value rise as a result of the meme coin mania that Elon Musk’s acquisition of Twitter has sparked. Top meme coins have followed suit with big rises, while SHIB has disappointed investors once more. The weekly chart’s growth was only 11.8% driven by the “Dogecoin killer.” Investors have abandoned Shiba Inu in favor of projects that are more alluring and have more potential for growth and market…

Will FTX’s ill wind reach the Global South? Maybe not

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With the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declarations in the West that crypto is having its “Lehman moment”?  Brazil may have inadvertently revealed a cleft between the developed world and emerging markets with regard to the uses and misuses of cryptocurrencies. (The legislation still requires a presidential signature before it becomes law.) Unquestionably, FTX’s Nov. 11 bankruptcy filing hurt crypto exchanges and other crypto-focused enterprises in Brazil,…

Gaming Platform Forte Partners With Venture Studio SuperLayer to Expand Beyond Web3 Gaming

Along with the partnership, Forte contributed $5 million to the $25 million funding round that SuperLayer announced in August, which was led by the Polygon blockchain. SuperLayer will use the funds towards companies in its second incubation round, co-founder and managing partner Mahesh Vellank told CoinDesk in an interview. The startup plans to include 8 to 10 companies, up from the seven in the first round, and the capital will provide pre-seed investments in each company. Source

How AI-Powered Trading Bots Are Reshaping Crypto Trading

Institutional traders rent or create their own bots that activate when the market hits certain conditions. These algorithms constantly search markets for the right trade setups, such as finding oversold stocks or trading a breakout. When they find the right conditions bots run scripts that determine the position size, execute the trade, employ stop-losses and exit automatically. Source

UK Inflation Drops from 41-year High but Food & Energy Prices Continue to Soar

The latest UK inflation report showed a fall from 11.1% to 10.7%, lower than the 10.9% analysts were expecting.  UK inflation recently dropped from its 41-year high on cooling fuel prices, although high food and energy prices continue to bedevil consumers. UK inflation came in at 10.7% last month, slightly below the polled analysts’ 10.9% consumer price index (CPI) projection. In October, inflation in the country hit an 11.1% record high, but the latest November entry represents a 0.4% dropdown. Closer Look into Latest UK Inflation Data According to the…