Author: FX Empire
With each passing crypto scam, hackers are making more audacious moves in their attempt to defraud unsuspecting individuals off their funds. The latest move made by these fraudsters was an attack carried out against crypto influencers on YouTube where they posted unauthorized videos with captions asking viewers to send crypto. Crypto YouTube Influencers Hacked According to available information, the hacked accounts include BitBoy Crypto, Floyd Mayweather, Box Mining, Ivan on Tech, and Altcoin Buzz. Other affected accounts belonged to CoinMarketCap, Crypto Banter, and others. The circulated video asked viewers to send USDT, Binance Coin, USDC, and Ethereum in exchange for a crypto asset, OWYC. The…
Fantom’s price has been on an uptrend for the last week as FTM rallied from the price range of $2.22 on January 10 to a make a new ATH of $3.4 on January 17. FTM’s price surged by over 50% in less than a week, reclaiming an all-time high price amid the latest developments and other milestones. DeFi Ecosystem Blooms Fantom’s growth in the DeFi space has aided the growth in the altcoin’s spot price and was indicative of the rising institutional interest in the ecosystem. Notably, the total value locked in the chain rose from $5 billion to $7.68 billion at the…
ADA, the native token of the Cardano ecosystem, has been rallying over the past 24 hours. Cardano is the fifth-largest cryptocurrency by market cap, behind Bitcoin, Ether, Binance Coin (BNB) and Tether (USDT). At press time, ADA is trading at $1.52 per coin. The major catalyst behind the rally is the launch of the first metaverse project on the Cardano blockchain. Pavia.io announced a few hours ago that it had become the first metaverse project to launch on the Cardano network. The Pavia team said it has some 100,000 Land parcels, each being minted as a unique nonfungible token (NFT) with coordinates. The metaverse is a key component…
The Australian Football League has announced that it has signed a five-year partnership with Crypto.com. The crypto exchange will serve as a partner of both the Toyota AFL Premiership Season and NAB AFLW competitions. According to the press release shared with FXEMPIRE, Crypto.com will become the Official Cryptocurrency Exchange and Official Cryptocurrency Trading Platform of AFL and AFLW. The crypto exchange will also feature as the exclusive naming rights partner of the ‘Crypto.com AFL Score Review’ for all Toyota AFL Premiership Season and Final Series matches. The agreement sees the AFL become the first Australian sports league Crypto.com has partnered…
The crypto market has been on the back foot since November. For Bitcoin (BTC) and a number of other majors, including Ethereum (ETH), the pullback comes after having struck new all-time highs in late 2021. Bitcoin (BTC) and Key Crypto Market Drivers It was a week to forget for Bitcoin (BTC) and the broader crypto market. In the week ending 9th January, Bitcoin (BTC) slid by 11.51% to end the week at $41,856. It was Bitcoin’s (BTC) largest weekly decline since a 13.74% slide in the final week of November. More significantly, the loss was the 6th in 8-weeks. For the Bitcoin…
Back in late July 2018, Bitcoin (BTC) saw red for 7 consecutive days. The 7-day sell-off continued through to 4th August 2018 before a 1-day modest gain briefly paused the correction. Bitcoin (BTC) has not seen a 7-day losing streak since. The 7-day pullback in 2018 saw Bitcoin (BTC) slide 17%, peak-to-trough. Further losses that followed eventually saw Bitcoin (BTC) flatten out at $3,200 levels in December 2018 before finding support. That correction, start to finish saw Bitcoin (BTC) tumble by 61% before “The Breakout”. It was some breakout, which culminated in Bitcoin (BTC) hitting $64,800 levels in April 2021. After…
The currency’s 90-day historical volatility, a measure of how much the price fluctuated from its average, against the U.S. dollar has risen to an annualized 65%, TradingView data show. That’s a five-fold increase in two months. Bitcoin’s historical volatility has dropped to 61%. Rising historical volatility implies prices have been moving more than usual. Assets with high volatility readings are considered risky investments, which means the lira, a sovereign currency, is now riskier than bitcoin, a cryptocurrency created and distributed on a peer-to-peer basis and often criticized for being unreliable as a medium of exchange and store of value due to its high price turbulence.…
This morning, Binance Lab became a lead investor in WOO Network, with a $12m investment, Binance said in a statement Wednesday. According to the Binance Blog, the investment will “support WOO Network’s rapid expansion through talent acquisition, research, and development”. Additionally, the investment will support the development of new decentralized products. Since 2021, WOO Network has provided liquidity on Binance Smart Chain by way of WOOFi products. In November of last year, WOO Network had raised $30m in a Series A fundraising round. Strategic partners included Crypto.com, Avalanche, and BitTorrent. WOO Network Price Action At the time of writing, WOO was up by 10.7% to 1.2369USDT.…
Blockchain planting management system, Veritree and tech giant, Samsung, have announced a partnership that’ll see the electronics maker have exposure to Cardano blockchain. The partnership was announced at the Consumer Electronics Show (CES) in Las Vegas. Cardano Foundation’s Sidney Volmer tweeted about it, explaining that it’s part of Samsung’s land restoration efforts and will mean that the company now has exposure to Cardano. With the partnership, 2 million trees will be planted in the first quarter of this year. Mangrove trees would be planted in Madagascar as part of the company’s effort to limit the effects of climate change. The decision to plant these trees…
Thirteen years ago, Satoshi Nakamoto mined the genesis block of the Bitcoin blockchain, and the financial system of the world has never been the same since then. To celebrate the occasion, the third-largest Bitcoin whale bought 456 BTC at an average price of $46,363. This means the total transaction was worth around $21 million, according to data from BitInfo. This marks the whale’s first major Bitcoin purchase of this year. The Bitcoin whale currently holds 120,845.57 BTC, which is equivalent to more than $5.6 billion at the time of writing. The wallet has been active since February 2019 and has received more than…