bitcoinworld
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đ Alternative's 'Fear and Greed Index' for crypto stands at 50, indicating a neutral market sentiment. An index closer to 0 signals extreme fear, while nearing 100 suggests strong optimism. The index factors in volatility (25%), transaction volume (25%), SNS mentions (15%), surveys (15%), Bitcoin market cap (10%), and Google searches (10%). đ #bitcoinworld #marketmood #cryptosentiment
đš Binance to temporarily suspend KDA (Cadena) deposits and withdrawals on October 19 (Korean time) for network upgrade and hard fork support. #bitcoinworld đđŒđ
đ° Pierre Aubert, VP of Engineering at Parity Technology, responsible for Polkadot (DOT) development, shares plans to replace the parachain auction system within six months with a new system. Additionally, they are set to launch bridges connecting Ethereum (Ether) to Polkadot, including one for Kusama and Polkadot. đđ #bitcoinworld đđ
đŹ Cryptocurrency data provider Alternative's 'Fear and Greed Index' drops to 66, down 7 points from the previous day, indicating a slight decline in market greed. The index ranges from 0 (extreme fear) to 100 (extreme optimism) and considers various factors like volatility, transaction volume, SNS mentions, surveys, Bitcoin market cap, and Google search volume. đđ #bitcoinworld đđ
đđ Scopescan's discovery in crypto lending realm! đđŒ Address '0x0f1d', likely Abraxas Capital, secures loans with significant BTC and ETH as collateral using COMP and AAVE stablecoins. đŠđ° The address further deposits 58M stablecoins across various exchanges. đđ± Speculation arises: Potentially reflecting positive market sentiment. đźđ Crypto lending's strategic moves unfold! đ ïžđ #bitcoinworld #CryptoLendingInsight #MarketOptimismObservation
đš Analyst reports potential hack of Teleport DAO and observes TELEBTC depegging. đ”ïžââïž Further details may emerge regarding the situation. #bitcoinworld đđ
đš Breaking News: đ Blockchain security company Cyber Alerts reports a hacker depositing 2,100 ETH (approximately $4.35 million) into Tornado Cash. #bitcoinworld
đš Breaking News: Raido Finance (LDO) introduces the DVT (Decentralized Validator Threshold) system, similar to multi-signature but without reliance on a single node operator, following the successful passage of the DVT activation proposal by the Raido Finance Community. đđ #bitcoinworld
đïžđ Legal scrutiny for Stronghold Digital Mining! đ ïžâïž New York federal court references class-action lawsuit against PA-based bitcoin miner. đŒđ Plaintiff Mark Winter alleges IPO misinformation by Stronghold, citing undisclosed mining equipment delivery challenges and miner acquisition difficulties. đđŹ Winter points to Stronghold's overstated hashrate and underestimated production costs. đ»đ Stronghold's SDIG value plummets over 98% from 2021 peak of $357 to $8.08. đđ° Legal woes impact Stronghold's stance! âïžđ #bitcoinworld #StrongholdLegalCase #CryptoIPOChallenge
đš The Data Nerd reveals potential $860,000 loss if UNI cryptocurrency acquired at $8.49 a year ago is sold on Binance. #bitcoinworld đ°đ
đ LookOnChain reports that 6.22 million STG ($2.47 million) was unlocked 13 hours ago, followed by a transfer of 6.54 million STG ($2.6 million) to Binance from two investor wallets, potentially belonging to the same person. #bitcoinworld đđŒđ°
đą NFT AMM protocol SudoSwap introduces sudoshort, enabling NFT short positions. Features include improved pool LP returns and reduced reliance on oracles. đđ #bitcoinworld đđŒ
đ° Watchguru suggests the U.S. government could have gained an additional $116 million if it had sold the BTC recovered from criminal proceeds in early March when it sold 9,861 BTC for about $121 million (BTC price at $20,000 to $22,000), now valued at $322 million. The U.S. government is estimated to hold 41,490 BTC (worth $1.4 billion), with another address worth $5.5 billion in BTC. #bitcoinworld đșđžđđČ
Breaking News: đđ Kaiko analyst Riyad Carey observes 25% drop in crypto market depth at 0.1%, 1%, 2%, 4% levels; highlights increased slippage, trading difficulties đđ§ #bitcoinworld
đš Breaking News: đđ° Hong Kong Securities and Futures Commission (SFC) lacks authority to suspend HOUNAX's operations, but expresses cooperation with Hong Kong police in their fraud investigation, according to foreign media reports. #bitcoinworld
đ Binance's Euro weekly spot trading volume reportedly reached a three-year low at $160 million, possibly attributed to the termination of the partnership between Binance France and Paysafe, which provided Euro currency deposit and withdrawal services in September. #bitcoinworld đ±đđ
đą Binance to halt deposits and withdrawals from November 7 at 12:30 for Merit Circle (MC) token swap and rebranding. MC ticker to change to BEAMX, with a 1 MC to 100 BEAMX swap. #bitcoinworld đđđŒ
đ± CoinDCX CEO Sumit Gupta reveals that 95% of Indian cryptocurrency trading volume shifted to overseas exchanges following the imposition of a 1% withholding tax (TDS) on crypto transactions 16 months ago. He emphasizes the need for tax reduction and expects government understanding. Coinness reported on CoinDCX's lobbying efforts to lower TDS from 1% to 0.01%. #bitcoinworld #CryptoTaxđźđłđ°đđ
đš Cryptocurrency security incidents in the past week cost over $168 million! đ± Major incidents: Kyber Network theft ($54.7M), HTX exchange key leak ($113M), Woox API breach ($26M), and rug pull projects. đ°đ» #bitcoinworld
đ According to L2BEAT, major layer 2 projects now hold a total of $14.72 billion in locked assets, marking an 11.21% increase over the past week. The top projects by locked assets are Arbitrum One ($7.6 billion), OP Mainnet ($3.88 billion), and Base ($594 million). đ°đŒ #bitcoinworld đđ