Tuesday, October 13

Crypto

Sui Addresses Three Network Outages With Major Upgrade

The Sui Foundation, the nonprofit organization behind the Sui Network, says it has made a “major upgrade” to address issues that caused three recent outages and left the blockchain down for more than 15 hours across two days.Sui experienced an…

Wintermute Enters Prediction Markets as Liquidity Provider

Crypto liquidity provider and trading firm Wintermute says it is providing liquidity on prediction markets as the industry continues to expand.The firm, which handles $3.5 trillion in annual trading volume, said on Friday that it is extending its institutional trading…

White Hat Helps Recover  Million from 2016 ICO Project

A pseudonymous white hat hacker has helped recover $2 million worth of Ether locked in a faulty initial coin offering (ICO) smart contract for almost a decade.In a post to X on Sunday, the white hat, known as “0xflorent,” said…

US, UK Central Bankers Offer Contrary Views on Stablecoins

US Federal Reserve governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US monetary policy.Waller told participants at the 32nd Dubrovnik Economics Conference that countries that increasingly rely on stablecoins backed…

Strategy’s Michael Saylor X Tease Tees Up BTC Buy

Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days.The social media post comes just days ahead of a proxy vote that depends in large part on…

Kraken Says ‘Plans’ to Offer BTC Perps to US Institutionals

Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the US Commodity Futures Trading Commission approved the instruments.The exchange said when it gains approval, the contracts…

Bitcoin is on the Verge of Locking in 3% May Losses

Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May.Key points:Bitcoin looks set to end May “in the red” as the monthly candle close nears.US labor-market data will form the key volatility catalyst for…

Cosmos-Based Gravity Bridge Halts After Reported .4M Exploit

Gravity Bridge, a decentralized blockchain facilitating cross-chain transfers between Ethereum and Cosmos, was reportedly drained of roughly $5.4 million, prompting validators to halt the bridge.Onchain analyst Specter first flagged the unusual outflows in a Saturday post on X, revealing that…

Bitcoin Spot, Futures Buyers Show Up But Is It Enough?

Bitcoin ETF selling overwhelmed markets again after last week’s $1.42 billion outflow followed the previous week’s $1.26 billion outflow. BTC’s subsequent fall to $72,500 raised concerns that the price would slip back into the $60,000 to $70,000 range that BTC was…

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