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Join Our Telegram channel to stay up to date on breaking news coverage Due to its rapid price growth, the SHIB token has drawn much attention in the cryptocurrency community. Many investors have begun to speculate about the SHIB token’s future and its price potential soon. So what’s SHIB price prediction as we enter February? What’s Driving SHIB Bull Rally? The beginning of the year has begun positively for SHIB hodlers and investors. Last year, the token experienced a series of bearish sentiments. However, SHIB has been picking up well after the token, gaining 44.2% in the past few weeks. In the last 7 days, Shiba Inu has gained by 11%. This is attracting massive investors who have been watching keenly. Recently, Ledger and Atomic, popular cryptocurrency hardware and software wallets, respectively, announced support for the upcoming $SHIB blockchain (Shibarium) upon its launch. Ledger wallet offers hardware storage for a variety of cryptocurrencies, includi...

Bitcoin's price has dropped 1.8% to $23,171 in the past 24 hours as the cryptocurrency market awaits Wednesday's Federal Reserve interest rate decision--expected to be a catalyst for the next big market move. With this background, what are some of the best cryptos to buy today? While most analysts anticipate an increase by 25 basis points , investors will pay special attention for any signs of accommodation from the Fed such as discussing pausing hikes this March or even cutting rates at some point later on in 2023. Analysts expect Bitcoin to consolidate leading up to the FOMC decision and a negative outcome from the Fed meeting could result in a sizable correction. Other cryptocurrencies, including Ether , are also down today with smaller cryptos, such as Cardano and Polygon, showing greater weakness. In the midst of a turbulent market , investors are actively searching for potential buys at bargain rates. Five cryptos that could be good cryptos to buy tod...

The scammer referred to their pseudonym during a blockchain message argument which may have revealed their actual identity, according to CertiK. Blockchain security firm CertiK believes to have found the real identity of at least one scammer allegedly linked tothe “Monkey Drainer” phishing scam. Monkey Drainer is the pseudonym for a  Phishing scammer (s) that uses smart contracts to steal NFTs through a process known as "ice phishing."  The individual or persons behind the phishing scam have stolen millions worth of Ether (ETH) via malicious copycat nonfungible token (NFT) minting websites to date.  In a Jan. 27 blog, CertiK said it found on -chain messages between two scammers involved in a recent $4.3 million Porsche NFT Phishing scam and was able to link one of them to a Telegram account involved in selling the Monkey Drainer-style Phishing kit.  Exposing Scammers CertiK investigators uncovered two scammers, Zentoh and Kai, behind the Monkey Drainer kit This kit is sold...

A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned that the SEC’s current enforcement-centric approach would take 400 years to go through all the crypto tokens that are allegedly securities. SEC’s Commissioner on Crypto Regulation A commissioner with the U.S. Securities and Exchange Commission (SEC), Hester Peirce, talked about crypto regulation in her speech at the “Digital Assets at Duke” conference on Jan. 20. Noting that the securities regulator has “pursued registration violations in a seemingly random fashion, often years after the original offering,” the commissioner stressed: We must develop a coherent and consistent legal framework that works across all asset classes. Our imprecise application of the law has created arbitrary and destructive results for crypto projects and purch...

Source: Pixabay/StockSnap The cryptocurrency market has dipped by 0.5% in the past 24 hours, with its total cap now standing at $1.08 trillion. This represents a 6.5% gain in a week and a 28.5% increase in the last 30 days, as the market as a whole begins to recover from some of the losses suffered last year. However, while much of the market has a enjoyed a relatively good January, there are a handful of new alt coins that could be set for some very big returns this year. These are presale tokens, the best of which have strong enough fundamentals to give them each a very realistic chance of posting above-average gains when they list on exchanges in the next few months. We collect the best of these new alt coins in the following lists. Each of these tokens is currently holding its respective sale, and each is due to list in the next few weeks, potentially earning early investors a substantial profit. Meta Masters Guild (MEMAG) Meta Masters Guild has now raised an ...

FTX’s lawyers have at last published a comprehensive, 116-page list of all creditors to the now defunct crypto exchange.  Though roughly 9.7 million customer names are left redacted, the filing shows that FTX’s connections spanned from airlines to universities, to media giants.  FTX’s Creditors The list, filed on Wednesday, shines a light on institutions invested in the company, per the request of Judge John Dorsey, who is overseeing the proceedings. During a meeting in early January, he allowed for the names of individual creditors to be kept private for another 3 months.  Some of the named creditors include household names in tech and other areas: Netflix, Apple, and the Wall Street Journal to name a few. The nature of FTX’s debt to such companies is not disclosed in the document, nor is the size of that debt. KYC & Audit Solutions! SolidProof Apple is yet to announce a corporate investment in cryptocurrencies, though its CEO Tim Cook confirmed in November ...

The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022. Electric vehicle manufacturer Tesla refused to offload any more Bitcoin (BTC) during the latter half of 2022 despite selling off 75% of its holdings in the second quarter. In its latest Q4 results report on Jan. 25, Tesla’s financials show it neither bought or sold any of its Bitcoin for the second quarter in a row. This was despite hefty market turmoil in November and December on the collapse of FTX.  The documents show the company holds $184 million in digital assets as of Dec. 31, 2022, down from its $218 million in holdings from the quarter prior due to $34 million of impairment charges as Bitcoin’s price declined between the end of September and December last year. Bitcoin was around $19,500 on Sep. 30, 2022, before dropping almost 15% to $16,600 by Dec. 31. The EV manufacturer also held onto its Bitcoin through Q3 last year after se...

Online fraudsters attempt to lure in XRP investors by offering fake staking services with an ROI of up to 31% for a token that is not based on proof-of-stake consensus. Online fraudsters are impersonating major cryptocurrency firms like Ripple and Binance by creating fake websites and email imposters pretending to provide staking services for XRP. One such website, ripple.com-staking.tech, includes a blog post titled “XRP staking set to debut January 2023 for retail users,” inviting users to “stake” their XRP with unrealistic returns on investment (ROI), ranging from 12% to 27%. The fake scheme attempts to rush XRP investors’ decision by stating that only the first 10,000 accounts will receive a higher ROI. The fake website provides a well-crafted clone of Ripple’s website, ripple.com, by copying the original layout, and fonts and linking some of its previous blog posts. The impersonators also attempted to add more credibility to their posts by adding information about the importance...

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market recently crossed $1 trillion in market cap which was last seen in September 2022. It also gave a pull to many of the tokens and they saw a rise in their prices. Today, we’ll selectively take a look at some of the biggest gainers along with a few crypto projects currently in their presale, believed to offer an exponential return in the future. Biggest Crypto Gainers Today – January 24 1. STEPN (GMT) STEPN (GMT) recently underwent a rally in the cryptocurrency market. The rally is unexpected due to the fact that many NFT-related projects have lost value and are not receiving fresh funding. However, STEPN has seen significant gains, increasing over 140% in value since the beginning of the market recovery. The rally is attributed to the recovery of the NFT and DeFi industries, as well as the overall recovery of the cryptocurrency market, and the high volatility of the asse...

Image Source: Pixabay Major US-based cryptocurrency exchange Coinbase has expanded its partnership with German soccer team Borussia Dortmund (BVB) to include advertising in the stadium and promotions on all BVB marketing channels. According to a recent blog post by Borussia Dortmund, Coinbase has doubled down on its partnership with BVB to become its premium partner. As part of the new extended partnership, Coinbase brand advertisements will be displayed through perimeter advertising and cam carpets in Dortmund's SIGNAL IDUNA PARK, Germany's largest football stadium. Coinbase initially started its partnership with BVB in July of last year. As part of the deal, Coinbase ads ran on the video screens during home games in the stadium. The exchange also provided workshops on crypto for BVB employees. BVB Managing Director Carsten Cramer said: "The crypto world offers exciting opportunities, and it is important for us to work with a trustworthy partner in thi...

There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said. Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than in June 2023, according to a local financial authority. The Financial Services Agency (FSA) of Japan is working on lifting the ban on the domestic distribution of stablecoins, planning to allow certain stablecoins later this year. “This does not mean that all foreign products of so-called ‘ stablecoins ’ will be allowed without any restriction,” a spokesperson for Japan's FSA said in a statement to Cointelegraph. FSA will only allow stablecoins that successfully pass individual checks ensuring that such cryptocurrencies are safe from the viewpoint of user protection, the FSA representative stated. Examples include foreign issuers in their countries being subject to equivalent regulations in Japan, with underlyi...

ChatGPT was launched by OpenAI in Q4 2022 and it has taken the community by surprise with its abilities. In its most basic essence, it is a chatbot that is calibrated with supervised and reinforcement learning techniques. Right from answering people’s queries, to assisting them with daily tasks, this chatbot has made people’s lives easier. Now, the AI bot has just passed the US Medical Licensing Exam. A recent MedPage Today report highlighted that the test results showed “new and surprising evidence” of what this AI tool was capable of. According to Victor Tseng, MD, of Ansible Health in Mountain View, ChatGPT was able to perform at more than 50% accuracy across all of the exams. In fact, in most of their analyses, it achieved close to 60%. Tseng and the team noted, “ ChatGPT performed at or near the passing threshold for all three exams without any specialized training or reinforcement .” The team highlighted that it displayed ...

Join Our Telegram channel to stay up to date on breaking news coverage In recent weeks, the non-fungible token market has experienced a significant rise in trading sales after suffering the recent prolonged crypto winter that started sometime in the mid-last year. Below we have listed some of the top-selling NFTs this third week of 2023: 1. Sewer Pass NFTs Take The Top Spot Sewer Pass is an NFT collection from the Bored Ape Yacht Club creator Yuga Labs, allowing holders to participate in its newly launched Dookey Dash NFT game. Sewer Pass NFT collection takes the top spot in our ten top-selling NFT list this week, taking over from Mutant Ape Yacht Club. In the past 24 hours, the NFT collection has attracted a sales volume of 1,928 ETH. Over the same period, its market capitalization and floor price have surged more than 6% to $48 million and $2,294, respectively. 2. Bored Ape Yacht Club Bored Ape Yacht Club is a flagship NFT collection of digital assets incubation studio Yu...