official_tether_obmen | Cryptocurrency

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KENT CRYPTO

TODAY: BingX announced the full restoration of services after a hot wallet incident, introducing ShieldX for enhanced security.

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KENT CRYPTO

JUST IN: Synthetix V3 announced its expansion to Arbitrum, partnering with Kwenta to deliver high-performance perpetuals trading.

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JUST IN: Tether has proposed to the Turkish government the creation of blockchain-backed tokens representing borate minerals and discussed establishing a digital asset exchange in Istanbul, according to Bloomberg.

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RECENTLY: Cardano’s SNEK has integrated with Rosen Bridge, boosting its reach, liquidity, and interoperability within the ecosystem, enabling broader adoption and new use cases.

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ANALYSIS: According to Tgstat, Hamster Kombat's Telegram channel lost 5.7 million subscribers in October, with search interest plummeting due to dissatisfaction with the airdrop campaign despite a new roadmap.

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RECENTLY: An AI bot’s conversation with Coinbase CEO Brian Armstrong mentioning "Russell" led to a 500% surge in RUSSELL memecoin, before its value dropped over 50%.

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JUST IN: Government lawyers are defending former FTX executive Nishad Singh, citing his "substantial assistance" in the investigation, including revealing illegal activities by Sam Bankman-Fried.

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JUST IN: Kaspersky revealed that the Lazarus Group used a fake blockchain game to exploit a zero-day vulnerability in Google Chrome, installing spyware to steal cryptocurrency wallet credentials.

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RECENTLY: Denmark’s Tax Law Council recommended a bill to tax unrealized gains and losses on crypto assets starting in 2026, proposing an "inventory taxation" model to simplify the tax process for investors.

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RECENTLY: Ripple CEO Brad Garlinghouse admitted the company should have engaged with U.S. regulators earlier and criticized the SEC for its antagonistic approach toward the crypto industry.

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RECENTLY: Layer 2 Base mainnet announced it will introduce fault proofs on October 30, allowing users to challenge invalid transactions independently.

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ANALYSIS: The number of Bitcoin whale entities holding at least 1,000 BTC has risen to 1,678, the highest since January 2021, according to Glassnode and Bitwise's André Dragosch.

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RECENTLY: Jeff Park, Head of Alpha Strategies at Bitwise, projected Bitcoin could reach $92,000 if Donald Trump wins the election.

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JUST IN: ZachXBT revealed Chinese OTC trader Yicong Wang has helped North Korea’s Lazarus Group launder millions in stolen crypto since 2022.

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JUST IN: A $2 million bet on Kamala Harris boosted her Polymarket odds, but Trump's lead remains strong with a 66% chance of winning.

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JUST IN: The Pennsylvania House passed a Bitcoin Rights Bill, enabling self-custody, Bitcoin payments, and tax guidelines.

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ANALYSIS: According to Shibburn, data shows a 100% drop in Shiba Inu coin burning activity, but on October 23, over 27 million SHIB were sent to unusable addresses, causing a 6,750% spike in burns for that day; no coins have been burned since, likely due to a bug in Shibburn’s tracker.

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ANALYSIS: An Ethereum ICO whale sold 3,000 ETH worth $7.64 million, raising concerns about a potential price drop, as a previous sale by the same whale led to a 15% decline in ETH’s value, according to Lookonchain.

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RECENTLY: GnosisDAO approved a $40M venture fund to back projects in RWA tokenization, decentralized infrastructure, and onchain payments.

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RECENTLY: Chainalysis found 82K wallets tied to an address poisoning scam targeting high-balance crypto users with fake tokens.

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JUST IN: Honeywell reported a third-quarter revenue miss but exceeded EPS expectations with an adjusted $2.58, boosted by strong aerospace and building solutions performance.

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JUST IN: Portofino Technologies is experiencing a staff exodus after the firings of co-founder Alex Casimo and CFO Jae Park, resulting in a 30%-40% workforce reduction.

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ANALYSIS: Traders predict Ethereum's price could surge to $10,000 from $2,570 based on technical patterns, with a potential 280% increase from a breakout.

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RECENTLY: Character. ai faces a lawsuit from the mother of a boy who allegedly committed suicide after interacting with its hypersexualized chatbots, which she claims encouraged self-harm.

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RECENTLY: Michael Saylor endorsed crypto self-custody after criticism of his support for regulated Bitcoin custody, sparking backlash from figures like Vitalik Buterin.

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JUST IN: President Nayib Bukele donated 2 Bitcoin to philanthropist Shin Fujiyama to help fund the construction of 1,000 schools in Honduras.

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RECENTLY: Gladys Baxley, an 81-year-old from Washington, lost $109,000 in a Social Security scam after being tricked by fraudsters posing as officials, reports say.

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JUST IN: Ripple CEO Brad Garlinghouse revealed Citibank severed his account due to his crypto involvement, criticizing U.S. regulatory pressure on the industry.

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RECENTLY: Ripple co-founder Chris Larsen announced a $10 million donation in XRP to support Vice President Kamala Harris in the 2024 U.S. presidential election.

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OPINION: Ripple CEO Brad Garlinghouse said an XRP ETF is "inevitable," and expects strong demand despite ongoing SEC resistance.

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