Crypto M - Crypto News
2.4K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
πŸš€ Large BTC Options Trade Highlights Market Strategy

According to Odaily, Lin Chen, Deribit's Head of Business for the Asia-Pacific region, announced on X that the largest BTC options trade today involved a user selling 500 BTC call options with a strike price of $100,000, set to expire at the end of June next year. Analysts suggest that the user likely holds a significant amount of BTC in spot holdings and is selling these long-term, high-strike call options to generate income. The strategy would be profitable if the BTC price remains below $145,000 at the time of settlement.

#BTC #OptionsTrade #MarketStrategy #Deribit #CallOptions #IncomeGeneration #Cryptocurrency #Investment
πŸš€ πŸ”₯ Bloomberg Data: U.S. Public Debt Reaches Record High of $35.75 Trillion πŸ”₯

According to data from Bloomberg, the total U.S. public debt has reached an unprecedented level of $35.75 trillion as of October 15, 2024. This marks a new all-time high, intensifying discussions around the sustainability of the country's fiscal policies.The surge in debt reflects ongoing economic challenges, including government spending to address inflation, interest rate hikes, and funding of various programs. As debt levels continue to rise, economists and policymakers are raising concerns about the long-term implications for economic stability and interest rate pressures.The escalating U.S. debt has also sparked debates on how this could impact global markets and the U.S. dollar's position as a reserve currency. 

#USPublicDebt #NationalDebt #FiscalPolicy #EconomicChallenges #Inflation #InterestRates #GlobalMarkets #ReserveCurrency
πŸš€ Phantom Wallet Introduces Shareable Token Pages

According to Foresight News, cryptocurrency wallet Phantom has announced the launch of new shareable token pages. This feature allows users to share token links via text, WhatsApp, Telegram, and Discord. The interactive token pages include charts and price history.

#PhantomWallet #Cryptocurrency #TokenPages #Blockchain #Finance #CryptoNews #Web3
πŸš€ Orderly Network's IBXtrade Project Faces Rug Pull Allegations

According to Odaily, DeFi analyst Anon Vee reported on X that several users have raised concerns about a potential rug pull involving the Orderly Network ecosystem project, IBXtrade. The project launched a presale three days ago with the aim of raising 2,000 SOL (approximately $3.2 million) and promised to refund unselected presale participants. However, the presale ended up raising over 160,000 SOL ($24 million), leading participants to expect a refund of $21.8 million. Instead, the IBXtrade team created a poll on a website they control, asking whether to increase the presale cap. The poll passed, and IBXtrade claimed to have refunded 65,000 SOL ($9.7 million) to presale participants. However, users reported that the team merely transferred these SOL to multiple addresses they created, and no refunds were received.

#OrderlyNetwork #IBXtrade #DeFi #rugpull #cryptocurrency #presale #SOL #blockchain #scam #refund
πŸš€ Orderly Network Clarifies Stance on IBXtrade and Token

According to Foresight News, the cross-chain derivatives liquidity layer Orderly Network has issued a statement clarifying that it does not support IBXtrade or its token. The network emphasized that any claims suggesting otherwise are false. Orderly Network is currently investigating the situation and will take necessary steps to support its community. Additionally, the network announced that it will sever any future cooperation with IBXtrade.

#OrderlyNetwork #IBXtrade #token #crosschain #derivatives #liquidity #community
πŸš€ BNB Beacon Chain Hard Fork Scheduled For November 2024

According to BlockBeats, on October 18, BNB Chain announced that the BNB Beacon Chain hard fork will take effect on November 19, 2024, at 14:00 UTC+8, corresponding to block height 384,544,850.

The mainnet nodes of the BNB Beacon Chain are required to update to version 0.10.24. From this date, the BNB Beacon Chain will cease operations and stop processing any new transactions.


#BNB #BeaconChain #HardFork #November2024 #Blockchain #Mainnet #Update
πŸš€ Three Arrows Capital Co-Founder Zhu Su Goes Long On GOAT

According to BlockBeats, on October 18, Three Arrows Capital co-founder Zhu Su announced on social media that he has taken a long position on GOAT. Zhu Su revealed that his average entry price for the position is $0.33976.

#ThreeArrowsCapital #ZhuSu #GOAT #LongPosition #Cryptocurrency #Investment
πŸš€ Match NFT Auction Sees Significant Growth

According to BlockBeats, on October 18, social platform Match announced the latest developments in its Ξ³ series NFT auction. The auction started with a base price of 220 USDC and is expected to close at 286 USDC, marking an estimated increase of 30%. The auction is currently ongoing and will conclude today.

As of this auction, the cumulative total increase for Match NFTs has reached 214.28%, with the total auction amount surpassing 3.63 million USDC. The number of participants has accumulated to 19,563.


#Match #NFT #Auction #Growth #Blockchain #USDC #Crypto #DigitalArt
πŸš€ Telegram Sees Surge In NFT Activity And Gaming Engagement

According to Cointelegraph, non-fungible tokens (NFTs) are experiencing significant growth on the Telegram messaging app platform. A report by Web3 data provider Helika revealed that NFT activity on Telegram surged by 400% in the third quarter of 2024. The β€œQ3 β€˜24 Telegram Games Report” from Helika indicated that the number of unique wallets transferring NFTs daily on Telegram increased from under 200,000 in July to over one million in September.

Helika's data highlighted that Telegram gamers are highly active in purchasing, sending, and using NFTs within games. The company stated that gamers on Telegram are not just creating wallets but are also actively engaging with NFTs, suggesting a dynamic and vibrant level of interaction within the ecosystem. In September, three million active wallets were recorded across nine Telegram games.

In addition to the rise in NFT activity, Telegram gamers have been spending more time playing games. Helika reported that the average gaming session for a user increased from 2.8 minutes in August to 6.7 minutes at the start of October. The growth is attributed to more immersive experiences offered by the platform.

One of the most popular games on Telegram, Hamster Kombat, has also embraced NFTs. The game, which has surpassed 300 million users, announced plans to integrate NFTs on September 25. The Web3 clicker game will launch new games within its ecosystem and integrate NFTs as in-game assets. According to its roadmap for the remainder of 2024 and 2025, Hamster Kombat will integrate NFTs in its Season 2 in November. On October 17, the game released a trailer for its second season, teasing a new storyline where players can simulate becoming CEOs of their own companies.


#Telegram #NFT #Gaming #Web3 #Helika #HamsterKombat #CryptoGames #Blockchain #ActiveWallets #GamingEngagement
πŸš€ EigenLayer X Account Suspected of Hacking Incident

According to Foresight News, the EigenLayer X account appears to have been compromised. The account posted a tweet about 'redistributing the remaining EIGEN tokens from Season 2 Stakedrop,' which included a fraudulent link.

The incident raises concerns about the security of social media accounts associated with cryptocurrency projects. Users are advised to exercise caution and verify the authenticity of such announcements before engaging with any links or offers.

This event underscores the importance of robust security measures and vigilance in the digital asset space to prevent similar occurrences in the future.


#EigenLayer #hacking #security #cryptocurrency #fraud #EIGEN #digitalassets #scam #socialmedia
πŸš€ User Loses $804,000 in mETH to Malicious Phishing Contract

According to Foresight News, Cyvers Alerts has reported that an individual has lost approximately $804,000 worth of mETH after signing a malicious phishing contract. The victim approved the malicious contract around 14 minutes prior to the report, and the funds are currently held in the phishing address. Cyvers recommends that users revoke approvals for phishing contracts to prevent such incidents.

#Phishing #Cryptocurrency #mETH #CyberSecurity #Fraud #CryptoScam #ForesightNews
πŸš€ Seraph Joins CMC Labs Accelerator Program

According to BlockBeats, on October 18, CoinMarketCap's (CMC) CMC Labs announced that the AAA Web3 game Seraph has joined its accelerator program, marking a significant milestone in the Web3 gaming sector. Seraph, backed by South Korean gaming giant Actoz Soft, will benefit from strategic resources and global exposure through this collaboration, aiding its rapid development and expanding its influence within the Web3 gaming ecosystem.

This partnership not only represents a crucial step for Seraph in enhancing its presence in the Web3 gaming landscape but also highlights how Web3 games can integrate blockchain and AI technologies to offer richer and more valuable gaming experiences.


#Seraph #CMCLabs #Web3 #gaming #blockchain #AI #ActozSoft #accelerator #gamingecosystem
πŸš€ Bitcoin(BTC) Surpasses 68,000 USDT with a 1.40% Increase in 24 Hours

On Oct 18, 2024, 11:15 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 68,000 USDT benchmark and is now trading at 68,010.007813 USDT, with a narrowed 1.40% increase in 24 hours.

#Bitcoin #BTC #USDT #cryptocurrency #Binance #trading #marketdata
πŸš€ TapiocaDAO Suspected Attack Causes 97% Drop In Token Value

According to BlockBeats, on October 18, the all-chain currency market protocol TapiocaDAO was reportedly attacked. As a result, the value of TAP (Tapioca DAO Token) plummeted by 97% in a short period, currently trading at $0.04.

#TapiocaDAO #TokenValue #CryptoNews #MarketAttack #Blockchain #Cryptocurrency #TAP #PriceDrop
πŸš€ Analyst Predicts Dollar Strength Amid Fed Rate Expectations

According to Odaily, Dutch analyst Francesco Pesole stated in a recent report that the market needs to anticipate further rate cuts by the Federal Reserve for the dollar to weaken. Without this expectation, the dollar is more likely to strengthen in the short term. The U.S. money market may start showing expectations of unchanged interest rates in November or December. Additionally, due to uncertainties surrounding the upcoming U.S. presidential election, the dollar could also appreciate.

#DollarStrength #FederalReserve #InterestRates #EconomicForecast #USPolitics
πŸš€ HKVAX Partners With FΓ³rum Oceano And Yacooba Labs For Blue Economy Token Project

According to Odaily, Hong Kong-based virtual asset exchange HKVAX has announced the signing of a memorandum of understanding (MOU) with FΓ³rum Oceano and Yacooba Labs for a blue economy security token project. This initiative aims to contribute to the protection of marine ecosystems. Under the agreement, the partners will collaborate with HKVAX on high-quality security token projects related to the blue economy, covering areas such as tokenization, distribution, listing, trading, and token custody.

HKVAX recently received a license from the Securities and Futures Commission (SFC) of the Hong Kong Special Administrative Region earlier this month, making it the third licensed virtual asset trading platform in Hong Kong.


#HKVAX #FΓ³rumOceano #YacoobaLabs #BlueEconomy #SecurityToken #MarineEcosystems #Tokenization #VirtualAsset #HongKong #SFC
πŸš€ TrendX Launches Owlbot Academy For Secure Custodial Services

According to Foresight News, Web3 AI technology company TrendX has announced the launch of Owlbot Academy, aimed at providing users with convenient and secure custodial services. By authorizing distributed computing power mining facilities, users can entrust Owlbot to a professional team for management. This simplifies the configuration process, enables fully automated revenue optimization, and ensures a stable XTTA mining experience. Currently, the total AI computing power for Owlbot mining within the TrendX ecosystem has surpassed 2 million.

TrendX is an innovative platform dedicated to promoting the integration of blockchain and AI technology. Through its Owlbot system, the company offers AI-driven mining solutions to users.


#TrendX #OwlbotAcademy #Web3 #AI #CustodialServices #Mining #Blockchain #XTTA #Innovation
πŸš€ Web3 Projects Urged To Enhance Twitter Security Amid Phishing Scams

According to BlockBeats, on October 18, several Web3 projects, including Eigenlayer and Rendr, along with their founders and key opinion leaders (KOLs), have recently experienced a surge in phishing scams through their official Twitter accounts. These accounts were compromised and used to post fraudulent links, posing significant risks to users.

GoPlus has advised the teams managing these Twitter accounts to implement Twitter's two-factor authentication (2FA) to enhance security. Additionally, they recommend being cautious when connecting Twitter to third-party applications, ensuring not to over-authorize these apps. Regular checks and timely revocation of third-party application permissions are also suggested to prevent the posting of phishing links that could harm users.


#Web3 #TwitterSecurity #PhishingScams #TwoFactorAuthentication #CyberSecurity #GoPlus #TwitterSecurityTips #Blockchain #OnlineSafety
πŸš€ Ether.fi Adopts Chainlink Proof Of Reserves For Enhanced Transparency

According to Odaily, ether.fi has announced on the X platform that it will implement Chainlink Proof of Reserves on Ethereum to improve transparency. This move aims to provide users with greater confidence in the platform's operations by leveraging Chainlink's decentralized oracle network. The integration is expected to enhance the reliability and trustworthiness of ether.fi's reserve data, ensuring that users can verify the platform's asset holdings in real-time. This step aligns with ether.fi's commitment to maintaining high standards of transparency and security in the blockchain ecosystem.

#Etherfi #Chainlink #ProofOfReserves #Ethereum #Transparency #DecentralizedOracle #Blockchain #AssetHoldings #LINK #ETH
πŸš€ TapiocaDAO Hack Linked To Malicious Software Download

According to Odaily, ZachXBT has reported on his personal channel that the TapiocaDAO hack may have been caused by a team member downloading malicious software. This incident is also connected to other recent hacks, including those affecting Nexera, Concentric, Masa, SpaceCatch, Reach, Serenity Shield, and MurAll. These attacks were reportedly triggered by a fake job scam. It is estimated that approximately $4 million worth of stolen funds have been transferred from Arbitrum to BSC.

#TapiocaDAO #hack #malicioussoftware #ZachXBT #cybersecurity #cryptocurrency #scam #Arbitrum #BSC
❀1