Cryptocurrency

In 2022, after transitioning to its own blockchain, RUNE faced challenges and reached a peak of only $2.25 over the past year. This is significantly lower than its all-time high of $21.26 in 2021.Meanwhile, TWT experienced a 4.45% uptick, pushing its value to $0.9638 and marking a positive weekly performance. Its 24-hour trading volume also rose by over 18% to $24,270,279. Despite hitting its highest-ever price of $2.72 in December 2022, TWT’s monthly high was only $1.06 this week. However, it managed to strengthen against Bitcoin by approximately 4.89%.FIL, ranked as the 31st largest cryptocurrency with a market cap of $1,472,575,712, saw a minor increase of 1.73%, trading at $3.22, just below its 24-hour high price of $3.24. FIL’s value has been bolstered by an increasing demand for secure, decentralized data storage.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More

The September CPI report revealed a 0.2% lower inflation rate compared to August’s 0.6%, according to TradingEconomics’ US Inflation Rate Month on Month data. Following this report, Bitcoin’s price experienced a significant rise of 12% from $25,100 on September 12 to $28,050 by the end of the month, as indicated by TradingView data.In light of these trends and considering August’s 0.4% inflation increase, market observers anticipate that Bitcoin could soon retest the $30,000 level. This prediction persists despite the cryptocurrency having hit its lowest point in the second half of 2023 and amidst escalating tensions in the Middle East, as reported by Smart Investing news.The relationship between Bitcoin’s price and inflation data highlights the cryptocurrency’s potential as a hedge against inflation. The recent bounce-back in Bitcoin’s price demonstrates its resilience in fluctuating market conditions and amid geopolitical uncertainties.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More

On Wednesday, Oct. 11, the proposed regulations were released by the National Information Security Standardization Committee, comprising representatives from the Cyberspace Administration of China (CAC), the Ministry of Industry and Information Technology and law enforcement agencies.Continue Reading on Coin Telegraph More

Secondo l’annuncio del 12 Ottobre, la sperimentazione è stata condotta con la Reserve Bank of Australia (RBA) e il Digital Finance Cooperative Research Centre CBDC del Paese, insieme alla partecipazione di Cuscal e Mintable. Mastercard ha dichiarato che la soluzione ha permesso al proprietario di CBDC di acquistare un token non fungibile (NFT) listato su Ethereum in diretta. “Il processo ha ‘bloccato’ la quantità richiesta di una CBDC pilota sulla piattaforma sperimentale della RBA e ha mintato una quantità equivalente di token CBDC pilota wrappati su Ethereum”, ha scritto il processore di pagamenti.Leggi il testo completo su Cointelegraph More

The latest court proceedings on Oct. 12 saw former Alameda CEO Caroline Ellison testify for the third day, following which the jury was presented with a recording of a meeting she held with Alameda staffers on Nov. 9, 2022, just days before the collapse of the FTX empire.Continue Reading on Coin Telegraph More

Data from Cointelegraph Markets Pro and TradingView confirmed that the BTC price barely changed from the day prior, acting in a narrow corridor.Continue Reading on Coin Telegraph More

According to data from EigenPhi, the Ethereum Foundation’s transaction was targeted by an MEV Bot (0x00…6B40). This bot, capitalizing on the opportunity, managed to make a neat profit of U.S. $4,060 after covering its costs.The foundation’s sale took place at 16:18 UTC+8, where they exchanged 1.7K ETH for a hefty 2.738 million USDC. A peek into the foundation’s wallet reveals a balance of 240.68 ETH, 3.238 million USDC, 49,700 DAI and 10,000 ARB, bringing their total assets to a cool $3.687 million.But what exactly is a sandwich attack? For the uninitiated, a sandwich attack is a form of front-running tactic used in the world of decentralized exchanges. In this strategy, a malicious actor spots a pending transaction on the network and quickly places their own transaction with a higher gas fee, ensuring it gets processed first. They then place another transaction right after the target transaction, effectively “sandwiching” the original transaction. This allows the attacker to manipulate the price in a way that they can profit from the victim’s trade.The fact that the Ethereum Foundation, a central entity in the space, fell victim to such an attack raises eyebrows. It brings forth questions about the security measures in place and the vulnerabilities that exist even for seasoned players in the crypto arena.Interestingly, there is a pattern observed on Ethereum Foundation’s sales. It often liquidates Ethereum just before significant sell-offs occur. While it is speculative to draw conclusions, the timing of its sales in relation to market movements has not gone unnoticed by keen market observers.This article was originally published on U.Today More

The interest in XRP was significantly spurred by Ripple’s victory over the SEC in July. This interest remains high, even though the altcoin has since lost most of its gains from that period. Currently standing as the fifth-largest cryptocurrency with a market cap of $25.7 billion, XRP’s sustained popularity is apparent from its daily trading volume of $806 million, which exceeds that of Binance coin (BNB).Notably, XRP has established a strong foothold in South Korea where it is currently the most popular altcoin. The digital currency has also attracted considerable interest in Japan. This international attention further underscores XRP’s enduring appeal within the highly competitive cryptocurrency market.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More