Category: Cryptocurrency News

hey guys, my keys got compromised somehow, I barely use metamask. Somebody drained 0.5 eth from Binance Smart Chain and then on Eth Mainnet he got like 7$ of Eth. This is the guy who stole it, because he transferred it to himself: https://bscscan.com/address/0x6d9e0448a0ccb750acf700cb405444c15a454582#tokentxns My drained wallet is: https://bscscan.com/address/0x14b3d1d05d90e7bb9ef9847e92ca11dba10d1fcb What can I do? I'd like…
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submitted by /u/PurplerRain [link] [comments]

On-chain data shows the largest of the Bitcoin whales have returned to distribution, a sign that could be bearish for the asset’s price. Bitcoin Investors With More Than 10,000 BTC Are Selling Again As explained by analyst James V. Straten in a new post on X, the BTC whales, who had earlier been in a phase of accumulation, have switched their behavior to that of distribution now. The relevant indicator here is the “Trend Accumulation Score” from Glassnode, which keeps track of whether Bitcoin investors have been buying or selling during the past month. This metric finds this value by looking at the balance changes in the addresses of the holders. The score also puts a higher weightage on the larger entities, meaning that the accumulation of a few large holders would be more significant for the indicator than the behavior of the smaller hands. Related Reading: Bitcoin Social Media Talk Drops To 3-Month Low, All Eyes On Altcoins? When the Trend Accumulation Score has a value close to 1, it means that there is a trend of net accumulation in the market right now. On the other hand, values close to zero imply distribution is the dominant behavior currently. Now, here is how this score has changed for the various Bitcoin investor cohorts since the start of the year: The data for the Trend Accumulation Score for various groups | Source: @jimmyvs24 on X As you can see above, the entire Bitcoin market had been displaying a net distribution behavior during August as the accumulation trend score had been a shade of red for all the cohorts (with the deeper shades naturally being closer to the zero mark). During this selloff period, BTC had registered a significant drawdown. At the start of September, most of the investor groups had still continued to sell, but interestingly, the largest cohort in the sector, the holders carrying more than 10,000 BTC ($262.7 million at the current exchange rate) had started accumulating instead. This group may be called the “mega whales,” since these investors stand out even among the whales. From the data, it’s visible that while these mega whales had been buying earlier in the month, they have recently again shown a shift in their behavior. The Trend Accumulation Score has declined for these humongous entities and now it’s leaning toward distribution. This may suggest that while these investors had thought the earlier lows presented ideal entry opportunities, the fact that the coin has only continued to stagnate recently may have changed their minds. At present, though, the mega whales aren’t dumping Bitcoin at too large a scale. The same is not true for the rest of the cohorts, however, who have taken to some pretty heavy selling recently, as the Trend Accumulation Score has turned deep red for them. Related Reading: Ethereum Funding Rates Turn Deep Red, What Does It Mean? This market-wide selling could be a troubling sign for the cryptocurrency and may be a foreshadowing of a drawdown in the near future. BTC Price Bitcoin has been showing a trend of overall consolidation since the crash back in August, as the cryptocurrency continues to float around the $26,200 mark. BTC has been stuck in sideways movement for a while now | Source: BTCUSD on TradingView Featured image from Rod Long on Unsplash.com, charts from TradingView.com, Glassnode.com

BTC price support and resistance lines in the sand are crystallizing amid a fresh bout of low volatility for Bitcoin.

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The Web3 security platform now allows projects to deposit bounty funds to a Safe smart contract, proving the funds are available.

G20 countries have big plans with crypto. This was revealed in a recent crypto regulation roadmap released by India. The country emphasizes the necessity of dealing with the risks of digital assets in developing economies. ​ https://preview.redd.it/bzg1a8b2slqb1.png?width=658&format=png&auto=webp&s=7911357d296ea2b8906e2ebc3a743d710565732c India promised it would focus on crypto when it assumed the presidency late last year and it could…
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Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions.

Ethereum liquid staking platforms are making waves in the decentralized finance (DeFi) ecosystem. Recent on-chain reports have revealed that liquid staking protocols have recorded a new milestone in the number of Ether (ETH) staked, reaching a staggering 12 million ETH mark in just a few days.  Ethereum Liquid Staking Gains Momentum With Ethereum 2.0 thriving, liquid staking protocols in the DeFi ecosystem have been growing rapidly despite recent market volatility. Research data from DeFi TVL aggregator, Defillama, revealed on Monday, September 25, the tremendous growth of Ethereum holdings in liquid staking platforms. According to the data, the ETH in liquid staking protocols has risen to approximately 12.31 million and may continue rising. Related Reading: Number Of Ethereum Addresses Losing Money Just Reached A New All-Time High Reports uncovered that a staggering 370,000 ETH were staked in just five days, allowing liquid staking protocols to reach their current 12 million mark. Liquid staking platforms like Lido, Rocket Pool, Coinbase, and Binance are among the list of prominent protocols that led to the recent upsurge in Ether staking.  According to Defillama TVL rankings, Lido holds the top spot for the amount of Ethereum staked with a TVL of $13.997 billion in liquid staking. The protocol secured over 8 million Ether on September 20, and another 30,000 after that. Lido Finance dominates ETH liquid staking | Source: DeFiLlama Coinbase is presently ranked second in Defillama’s TVL rankings, holding approximately $2.155 billion, a significant gap from Lido’s TVL.  Coinbase has about 1.3 million Ether presently in its reserve. Whereas, Rocket Pool holds the third position in TVL rankings and has increased its Ether holdings from 940,496 to 945,402.  Binance Liquid Staking Platform Takes The Lead Binance liquid staking platform has been the driving force behind the recent spike in ether influx in liquid staking protocols in the DeFi ecosystem.  According to reports, Binance added a startling amount of ether to its already substantial ether reserves. The liquid staking platform which previously recorded 445,000 ETH in its reserve, added 318,605 ETH and now holds 764,105 ETH. Research data have revealed that Binance amassed a considerable amount of ETH tokens to support its staking token, Wrapped Beacon ETH (WBETH). Related Reading: Crypto Analyst Says Prepare For 100% Increase In Bitcoin Price As Historical Pattern Forms In the last three months, the DeFi ecosystem recorded a liquid staking valuation above $20 billion evaluating various protocols in the DeFi ecosystem. Following this, Defillama’s September data revealed liquid staking protocols now hold $20.5 billion in assets, increasing by a staggering 293% from previous lows in June 2022.  Although the key protocols steering the surge are Lido, Binance, and Rocket Pool. Other upcoming liquid staking protocols like Davos and InQubeta are persisting, driven by the Ethereum 2.0 upgrade and investors desire to maximize their earnings through Ethereum staking. ETH price at $1,587 as liquid staking surges | Source: ETHUSD on Tradingview.com Featured image from iStock, chart from Tradingview.com