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According to BlockBeats, recent market data indicates that FIDA briefly surpassed the $0.35 mark, currently trading at $0.344. This represents a 24-hour increase of 23%. The surge in FIDA's price highlights a notable movement in the cryptocurrency market, drawing attention from investors and analysts alike.
The rapid price fluctuation of FIDA underscores the volatility often seen in digital currencies, where significant gains or losses can occur within short periods. This recent increase may be
According to BlockBeats, data from the Bloomberg Terminal indicates that BlackRock's ETHA experienced a substantial net inflow of $252.4 million on November 29. This significant movement highlights growing investor interest and confidence in the asset. The inflow marks a notable event in the financial markets, reflecting broader trends in investment strategies and asset management.
The influx of capital into BlackRock's ETHA suggests a shift in investor sentiment, potentially driven by market c
According to Foresight News, data from the Starknet blockchain explorer Voyage reveals that the total amount of STRK staked has exceeded 70 million tokens, reaching 72,790,354.718 STRK. This figure represents approximately 3.47% of the circulating supply.
The data further indicates that the smart contract wallet Argent holds the top position in staking, with approximately 26,553,252.709 STRK staked, accounting for 36.47% of the total staked amount. Following Argent, Karnot ranks second with a s
Forta Founder Highlights Growing Security Risks During Web3 Market Growth
According to Blockworks, as the cryptocurrency market gears up for its next cycle, cybersecurity remains a significant challenge. Andy Beal, founder of Forta, emphasized the growing importance of security during periods of market growth. He noted that as the market expands, the potential rewards for attackers increase, making cybersecurity a critical concern. Beal highlighted that with the anticipated influx of retail investors and new participants during a bull market, there is an increased ris
Musk Claims U.S. Government Efficiency Department To Audit IRS
According to Odaily, market sources report that Elon Musk has announced that the U.S. Government Efficiency Department (DOGE) will conduct an audit of the Internal Revenue Service (IRS). This development has sparked discussions about the potential implications for the IRS and its operations.
The announcement by Musk has drawn attention due to the significant role the IRS plays in the U.S. tax system. The prospect of an audit by the Government Efficiency Department raises questions about the obj
According to U.Today, renowned investor Raoul Pal has made a significant bullish statement about Bitcoin (BTC) that could influence investor strategies. Pal's comments come as the cryptocurrency market closely monitors whether Bitcoin will break the $100,000 threshold.
In a recent post on X, Pal revisited his concept of the "banana zone," a term he uses to describe a broad price range for Bitcoin. He suggests that this zone indicates a period when Bitcoin's price is likely to experience substan
Justin Sun Cancels Plan to Buy 100,000 Bananas After Vendor's Concerns
According to Decrypt, crypto billionaire Justin Sun has canceled his plan to purchase 100,000 bananas from a Manhattan fruit vendor after logistical challenges were raised. Sun initially announced the initiative as a gesture of gratitude to Shah Alam, the vendor who sold a banana that became part of a $6.24 million art piece. Sun intended to distribute the bananas worldwide for free to individuals presenting valid identification.
The plan was scrapped after Alam highlighted the difficulties in
NameSilo Technologies Reports Consistent Revenue Growth And Bitcoin Holdings
According to Odaily, NameSilo Technologies has released its financial results for the quarter ending September 30, 2024. The domain registrar has achieved revenue growth for eight consecutive quarters and six straight years. The company manages over 5 million domain names. As of September 30, 2024, NameSilo's Bitcoin holdings are valued at $1,231,960.
This consistent growth highlights NameSilo's strong position in the domain registration industry. The company's ability to maintain a steady incr
According to BlockBeats, the NFT market experienced a notable recovery in November, with CryptoPunks leading the resurgence among popular collections. On November 25, the floor price of CryptoPunks reached 37.68 ETH, marking the highest level since May. This represents a substantial increase of 47% compared to the floor price of 25.35 ETH recorded at the beginning of the month.
In contrast, other prominent NFT collections such as Bored Ape Yacht Club (BAYC), Milady Maker, and Pudgy Penguins saw
Fubon Fund Management Launches ETF on Hong Kong Stock Exchange
According to Odaily, Fubon Fund Management has announced the listing of its Fubon Solactive Core Multi-Asset Index ETF on the main board of the Hong Kong Stock Exchange. This new product is designed to track the Solactive Core Multi-Asset Index, which reflects the performance of selected ETFs and ETCs listed on the London Stock Exchange, Singapore Exchange, or Hong Kong Stock Exchange. These investments span various global market asset classes, including equities, fixed income, and commodities.
Cryptocurrency Market Shows Extreme Greed With Index Rising
According to Foresight News, data from Alternative.me indicates that the cryptocurrency Fear and Greed Index has increased to 84 today, up from 78 yesterday. This rise suggests that the market remains in a state of 'extreme greed.'
The Fear and Greed Index is a tool used to measure the emotions and sentiments driving the cryptocurrency market. A higher index value typically indicates a more optimistic or greedy market sentiment, while a lower value suggests fear or pessimism among investors. Th
According to Odaily, a blockchain data analyst identified as @ai_9684xtpa has reported that an address with a trading success rate of 83.3% has liquidated its Wrapped Bitcoin (WBTC) holdings, incurring a loss of $184,000. Over the past 11 hours, the address took advantage of a slight rebound in Bitcoin's price to sell its remaining 285.58 WBTC at an average price of $97,149 each. The total value of this transaction amounted to $27.74 million, with the initial cost per WBTC being $97,644.
According to BlockBeats, recent data from the Bloomberg Terminal indicates that Fidelity's FBTC experienced a substantial net inflow of $106.1 million on November 29. This significant financial movement highlights the growing interest and investment in Fidelity's offerings. The inflow reflects a notable increase in investor confidence and engagement with the financial product, suggesting a positive trend in the market.
The substantial inflow into Fidelity's FBTC underscores the dynamic nature o
According to PANews, recent monitoring by SlowMist Technology founder Yu Jian has revealed that starting at 2:48 AM UTC+8, DEXX attackers have been converting tokens from a series of EVM (ETH/BASE/BSC) addresses into corresponding ETH and BNB. The conversion process is ongoing, and while these ETH and BNB have not yet been transferred out, related testing activities have been observed.
The incident highlights the persistent threat posed by attackers in the cryptocurrency space, as they continue
BNB Drops Below 650 USDT with a 0.74% Decrease in 24 Hours
On Nov 30, 2024, 00:51 AM(UTC). According to Binance Market Data, BNB has dropped below 650 USDT and is now trading at 649.929993 USDT, with a narrowed 0.74% decrease in 24 hours.
Ethereum User Exploits AI Loophole to Secure $47,000 ETH Prize
According to Odaily, an Ethereum user known as "p0pular.eth" has successfully convinced the AI agent Freysa to break its own rules and transfer a prize pool valued at 13.19 ETH, approximately $47,000. Freysa was originally designed to prohibit any transfer of funds, requiring users to pay a fee to send messages in an attempt to persuade the AI. With each attempt, the fee incrementally increased.
After 482 attempts, "p0pular.eth" managed to exploit a loophole in Freysa's rules, successfully invo
Cardano Short-Term Holders Increase Holdings to Eight-Month High
According to Odaily, recent data from IntoTheBlock reveals that Cardano's short-term holders, defined as investors who have held ADA for less than a month, have significantly increased their holdings. Over the past month, these investors have acquired more than 3 billion ADA, bringing the total holdings of short-term holders to 8.42 billion ADA. This surge in accumulation marks the highest balance for short-term holders in the past eight months, with the current value of these holdings estimated
Brazil's Central Bank Proposes Restrictions On Stablecoin Transfers
According to PANews, the Central Bank of Brazil (BCB) has unveiled a regulatory proposal that would prohibit centralized exchanges from allowing users to withdraw stablecoins to self-custody wallets. This proposal is part of a broader effort to regulate the cryptocurrency sector in Brazil, following the approval of a crypto regulatory bill in December 2022. The bill designates the BCB as the authority responsible for establishing rules for the country's crypto industry.