Crypto Gold News

News 🗞 In the crypto world, within 24 hours, KyberSwap and HECO blockchain bridge both faced breaches, resulting in the theft of over $130 million in crypto. HTX Exchange suffered losses again, losing about $14 million. Justin Sun, associated with Poloniex and HTX, remains in the news as both exchanges were breached two weeks ago, with over $110 million stolen. @CryptoGold_News

News 🗞 Kraken faces SEC lawsuit; Bittrex shuts its gates. If you had funds on Bittrex, it's time to withdraw them! Meanwhile, Kraken is sued for allegedly operating an unauthorized exchange by facilitating trading of currencies like MATIC and ALGO, and even "mixing customer funds." Kraken responds defiantly: "Disagree, we will fight." CryptoGold_News

News🗞 Rumors of a substantial financial arrangement are boosting BNB by almost 10%, potentially holding significant implications if true! The regulatory authority will impose a $4 billion fine on Binance. @CryptoGold_News

News 🗞 FTX's token, FTT, surged 360% following positive developments, including potential revival plans for the FTX exchange. Solana (SOL) also hit a year-and-a-half high at $64. FTX, despite being in a rebuilding phase, garnered attention for potential buyouts, with FTT responding positively. The proposed "FTX 2.0" and discussions with potential buyers signal a potential revival for the exchange, with decisions expected by December. FTT's recent price fluctuations, reaching $5.53 over the weekend, reflect market dynamics amid ongoing developments. @CryptoGold_News

News 🗞 Poloniex, a crypto exchange, was recently hacked, leading to the theft of around $114 million in cryptocurrencies. Withdrawals and deposits are temporarily frozen. Owner Justin Sun offers a 5% reward for the hacker's cooperation in returning the funds. The breach also saw a 25% surge in TRX due to a swift $20 million purchase by the hacker. This incident follows a similar breach at HTX, owned by Sun, just two months ago, resulting in an $8 million loss. @CryptoGold_News

News 🗞 Bitcoin is nearing $38,000, while the cryptocurrency market, currently valued at around $1.4 trillion, has experienced nearly a $100 billion increase in one day, marking a 4% growth. BlackRock, managing assets worth around $10 trillion, has obtained legal approval for a new Ethereum fund, iShares Ethereum Trust, signaling continued institutional interest in the crypto market. Despite this, BlackRock has not officially commented on whether the fund is for an Ethereum ETF or a trust. Meanwhile, the price of Ethereum has returned to $2,050 for the first time since April. @CryptoGold_News

Analysis 📈 This chart shows Bitcoin's progress from 2009 to 2028. When Bitcoin goes into the green zone after bouncing from the lower trendline, it usually experiences a big surge, as seen in the highlighted red points. The prediction is that Bitcoin might reach $180-$200k before the next halving event, supporting the idea of selling before the halving. 2024 💰💰 @CryptoGold_News

News 🗞 The Federal Reserve threatens to sue one of the world's popular Bitcoin content websites, BitcoinMagazine, for alleged unauthorized use of registered trademarks related to the FedNow payment system. BitcoinMagazine responded with a public letter, refusing to comply with the demands and suggesting that the Federal Reserve may enjoy the latest issue of their printed magazine, which discusses the economic and political impacts of the Federal Reserve's policies. @CryptoGold_News

News 🗞 Former FTX CEO Sam Bankman-Fried found guilty of 7 counts of fraud and could face up to 115 years in prison. He is expected to appeal the decision, and the trial included testimonies from former associates. @CryptoGold_News

News 🗞 KAS, a digital currency, has surged 31% to reach a new all-time high of approximately $1.4 billion in market value. It's gaining popularity due to listings on Poloniex and OKX exchanges and increasing mining activity with specialized ASIC chips. @CryptoGold_News